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Defining a Web services architecture for STP

Defining a Web services architecture for STP

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Edgewater Technology offers a migration strategy for the straight-through processing of financial transactions utilising Web services technology and shared business objects.

The paper describes a migration strategy for upgrading an existing enterprise application to a modern distributed architecture that will solve specific technical issues and improve code maintainability and scalability. The overriding goal of this architecture is to provide continuous support for the fully automated handling of transactions between applications and systems.
In the example discussed a typical client/server application that utilises a proprietary messaging infrastructure and multiple interfaces to internal and external systems will be examined and re-architected using a modern distributed business object environment architecture.
Edgewater illustrates the example with reference to a fund accounting application architecture that could be found in any financial services organisation today.
The paper discusses the limitations of the application architecture, the benefits of a migration towards a distributed business object/Web Services based architecture, and how this architecture would be implemented using both the .NET and J2EE technology platform.

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