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2005 IEEE International Conference on Services Computing (SCC'05) Vol-1 (2005)
Orlando, Florida
July 11, 2005 to July 15, 2005
ISBN: 0-7695-2408-7
pp: 243-250
Ziyang Duan , Reuters America 3 Times Square, 18th Floor New York, NY 10036
Subhra Bose , Reuters America 3 Times Square, 18th Floor New York, NY 10036
Charles Shoniregun , University of East London School of Computing & Technology Essex, RM8 2AS UK
Paul A. Stirpe , New York Institute of Technology Computer Science Old Westbury, New York 11568
Alex Logvynovskiy , Business,Computing & Information Management London South Bank University 103 Borough Road
<p>The Service Oriented Architecture (SOA) provides a methodology for designing software systems by integrating loosely coupled services. Compared to traditional distributed object-oriented architectures, SOA is more suitable to integrate heterogeneous systems, and more adaptable in a changing environment. This paper presents the design and implementation of a SOA framework for financial transaction applications. The framework provides an easy and uniform way for service composition in a controlled environment, and leverages Web service standards with efficient communication mechanisms and durable and/or transactional message queues. Speci?cally, the work addresses the following issues: 1) the incorporation of existing systems and protocols that are not Web-service compatible. This paper focuses on business processes of equities transactions using the FIX [6] protocol. 2) the congfiguration and deployment of services and service endpoints in a flexible and dynamic manner. 3) the capability of specifying business processes as Web service compositions and a distributed runtime environment that supports it. 4) the scalability, resiliency and transactional aspects as required in critical business applications. The experience of applying the framework in building a high performance equities transaction system is presented.</p>

C. Shoniregun, P. A. Stirpe, A. Logvynovskiy, S. Bose and Z. Duan, "SOA Without Web Services: a Pragmatic Implementation of SOA for Financial Transactions Systems," 2005 IEEE International Conference on Services Computing (SCC'05) Vol-1(SCC), Orlando, Florida, 2005, pp. 243-250.
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