Title: Enterprise Application Integration
1Enterprise Application Integration
2- Some context Overview of Quasar our customers
- Quasar our market/customers 10 years ago ie
single system, a few point to point interfaces - Quasar Our Customers now (ie functional
application centric, middleware, masses of EAI - how do we bridge the gap?
- middleware, messaging standards
- what the future holds
3Who are we?
- Were a global software solutions company
achieved current market position by acquisition - We have multiple products, on multiple platforms,
multiple skills sets, multiple locations. You
name it , we have it - Quasar, long history with Mumps
- Internal external EAI issues
4- 24 November 2003 - Rhyme Systems launched
following 20 million MBO of the UK operations
software business of Misys Asset Management
Systems
510 years ago.
6The personal wealth asset management operation
environment
Functions, competencies and job roles
Can map to the super competency areas
7Integration in the 1990s
- High levels of manual input double keying
- Trade entry
- Asset servicing corporate actions, settlements
- Volume automation
- Market data
- Custodian interfaces
- Point to point - specific
8Best of breed v. integration
- EAI symptom of technological philosophical
debate - 10 years ago our products were expected to
provide all functional elements - Now customers will seek to implement best of
breed, if they need to replace/remodel certain
functional areas - The best of breed v. integrated system debate
- Cheaper than replacing whole system?
9Integration now
- More consideration of risk
- Error rates manual input
- Automation streamlining business processes
- Standardisation options
- Middleware
- High capital investment high barriers to entry
for middle/low tiers
10The Market demands.
Lower costs through.
- Increased Operational Efficiency
- Usability
- Greater accountability/flexible on demand
information - Matching regulatory and market practice change
- New business functions
- Business Process Outsourcing
11EAI scenarios
- Quasar core accounting, settlement
administration system - 3rd party
- Decision support
- Order management/trade execution/confirmation
- Corporate actions
- Reconciliations
- Client reporting
12- Advent of messaging and integration standards
- XML
- ISO15022
- FIX pre / post trade
- Spaghetti integration
- Different skill sets return on investment large
capital base - Basle II operational risk assessments
13Responding to the markets needs
The four cornerstones of the Quasar 6 Programme
- Functionality and workflow - to match the users'
style of working by making available all system
process as a collection of multi-tasking modules
as opposed to the current menu driven, single
workflow approach. - Usability and intuitiveness - to create a system
user interface design with maximum intuition and
near-zero learning. - System openness - to provide significantly better
system and data openness, plus access and
connectivity to systems and processes outside of
Quasar. - Evolution of technology - To equip and future
proof the underlying Quasar technology platform
to offer the new technical operating environments
of today such as Secure Internet, Intranet and
business operations outsourcing models.
14Quasar 6 - Usability and workflow
To this .
15Putting the Quasar 6 vision into practice
3 tiered technical architecture
Quasar 6
Quasar Open Access
Quasar Passport
? 3rd Party System ? Middleware
Quasar Connectors
Web Server (Java Server Pages)
Quasar Enquiries
Tier 1
TCP / IP
Quasar Query
Quasar 6 Business Logic
Tier 2
3rd Party Report Tools
Caché Database
SQL
Tier 3
16The future
- A swing back to integrated systems
- Rational integration
- Standards
- Business process remodelling
17Misys Asset Management Systems