The Wall Street firm decided to develop its own adapters that would connect individual applications to a basically invisible message bus, in this case Tibco’s Active Enterprise, explained Maher. Tibco is a software division of Reuters.
Currently, Lehman’s operations technology group has integrated several front-office trading systems with three mainframe-based back-office settlement systems in this manner. Maher said the bank is happy with the result.
The week on Risk.net, January 6–12Receive this by email