DocumentCode
495758
Title
Adaptive Common Platform Services for the FCM
Author
Yu, Chang-Sung ; Chang, Allen Y. ; Chen, Shu-Min
Author_Institution
Dept. of Bus. Adm., Nat. Taiwan Univ., Taipei, Taiwan
Volume
2
fYear
2009
fDate
March 31 2009-April 2 2009
Firstpage
447
Lastpage
451
Abstract
Traditional proprietary IT system development method for the Futures Commission Merchant (FCM) is insufficient to catch up with fast changing pace of globalization. Thus, major futures exchanges and FCMs around the world have been actively seeking for low cost development infrastructures such that the revision, upgrade and maintenance can be accomplished within the least amount of time. We propose a common platform infrastructure that divides the IT system for the FCMs into common module and customization module. Each module can then be developed independently based on common API. Not only can such infrastructure be suitable for the front-end, middle-end and back-end systems of the FCMs, but widely applied to the market information and surveillance systems development as well.
Keywords
application program interfaces; commodity trading; financial data processing; globalisation; API; FCM; Futures Commission Merchant; IT system development method; adaptive common platform service; back-end systems; common module; customization module; front-end system; globalization; low cost development infrastructure; maintenance; market information; middle-end system; revision; surveillance systems development; upgrade; Computer science; Consumer electronics; Costs; Feeds; Information security; Investments; Network servers; Protocols; TCPIP; Virtual private networks; Adaptive Systems; Common platform; FCM; IT Service; Network Protocol;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Science and Information Engineering, 2009 WRI World Congress on
Conference_Location
Los Angeles, CA
Print_ISBN
978-0-7695-3507-4
Type
conf
DOI
10.1109/CSIE.2009.949
Filename
5171378
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