on the Business
Trading organizations today develop an increasing number of applications that access dynamic data such as streaming prices, internal rates, trade notifications, and updating position and risk information. Many of these apps also publish their own real-time data to other apps. Integrating this content can be a challenge. Vendor symbology and data layouts differ and are often unfamiliar to developers, a problem which multiplies if the application requires integration of dynamic and non-dynamic data. Moreover, dynamic data sources usually come with proprietary APIs and a corresponding lack of abstraction which mean a significant learning curve. These issues slow development, increase maintenance expense over the application lifecycle, and create rigidities that make it difficult to meet new requirements--that is, they slow the time to market for new applications. And in a trading organization, time is money.