Contents | Chapter 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

From the Trading Floor to the Event-Driven Enterprise

• The Event-Driven Warrior
• Trading: The Oldest Human Profession
• 85 Broad Street
• The Way it Was
• How the Trading Floor Eventually Became Event-Driven

Excerpts

Of all business professionals, the financial trader is the closest to being purely event-driven. The trading floor is one of the most information-intensive environments in the world, and it was for the trader that we first developed real-time infrastructure software.

       

In fact, if the event-driven infrastructure can be said to have a single transformational goal for your company, it is to give every single employee the tools to become more trader-like - hyper-aware, entrepreneurial and fully informed about every shift and trend in the competitive environment.

       

Different industries use the event-driven architecture to realize different benefits. Construction giant Bechtel…uses a global event-driven infrastructure to reduce costly delays that previously allowed competitors to underbid jobs. The majority of the world's largest microchip manufacturers use event-driven technology to monitor and manage their complex chip fabrication processes. Database companies such as Oracle, Sybase, and Informix have added event-driven features to their databases to create active catalogs whose information can be combined with other data, analyzed, and pushed to the workers who need it. Networking leaders Cisco and 3Com are using the event-driven infrastructure to provide more reliable, cost-effective, and bandwidth-friendly data through private networks and the public Internet. Motorola's pager division delivers customized pagers, which can be shipped from around the globe in record time. Oil and energy companies utilize publish/subscribe to trace the buying, selling and transport of raw materials on a global scale.