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Information Systems and IT Architectures for Securities Trading

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Handbook on Information Technology in Finance

Part of the book series: International Handbooks Information System ((INFOSYS))

Abstract

Electronic finance (e-finance) is mainly concerned with the automation of traditional activities in the finance domain and their associated processes. In particular, trading has become more and more a global activity because of the recent technological developments that have facilitated the instantaneous exchange of information, securities and funds worldwide. Trading decisions have also become more complex as they involve the cooperation of different participants interacting across wide geographical boundaries and different time zones. Although traditional communication media (such as phone, email and fax) are steadily being replaced by automated systems, there are still many areas that require human intervention. The evolutions in IT middleware and integration technologies (particularly those based on the Internet) are providing endless opportunities for addressing such gaps (Banks 2001). One of the first challenges for software architects and IT professionals is getting sufficient knowledge about existing practices, business processes systems and architectures. This chapter should be primarily regarded as a contribution to the understanding of the domain of capital markets trading by illustrating some of its associated architectures, technologies and systems.

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Dabous, F., Rabhi, F. (2008). Information Systems and IT Architectures for Securities Trading. In: Seese, D., Weinhardt, C., Schlottmann, F. (eds) Handbook on Information Technology in Finance. International Handbooks Information System. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-49487-4_2

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