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NEW YORK (CBS.MW) -- After rallying <span guid="xxxx">for the past few sessions, shares of staffing firms and payroll processors were mixed Friday as investors digested the August jobs report, showing
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Economists surveyed by CBS MarketWatch were expecting job growth of about 158,000, close to the 177,000 average for the first seven months of the year, and a jobless rate of 5.5 percent. href="http://cbs.marketwatch.com/news/economy/economic_calendar.asp?siteid=mktw">See Economic Calendar.
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"We were encouraged to see the headline payroll number meet expectations after two months of disappointments," said
...
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Auto-categorization Technology • Much Financial, Legal and Medical information exists in the form of textual documents • Traditional “Editorial” processes to tag/index documents can now be augmented by algorithms that can achieve very high precision (~95%) against very large ontologies (10,000’s of terms) • Thomson employs a technology called CaRE (Categorization and Recommendations Engine) to do this, which originated in the Thomson Legal and Regulatory division. • CaRE uses a set of statistics-based algorithms that are trained to understand a specific ontology as a concept scheme.
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Structured News – Summary
In-line News vs. Document level Mark-up • Each News story is tagged at three levels. • Document Level: The overall story lists all the category metadata (Entities + Subjects + Genre + Sentiment) for the story. • In-line Entities: Each initial reference to an Entity is marked up “in-line” in the document for additional context. • In-line Facts: Specific Numeric Elements (e.g. US GDP or Thomson Q3 Revenue) are tagged using XML elements
The Value of Structured News • Entity tags (e.g. Company references) allow news to be linked and correlated to Market data streams by CEP engines, for example, to make trading decisions • Numeric Facts (when Elementized) are directly process-able by algorithms. • Sentiment tags (e.g. positive earnings or negative rating) and Subject tags provide semantic understanding of the news story
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Content Sources and Content Distribution
Content Sources
Content Streams
Content Distribution Fabric
Application Logic
Level1
he t O
r
CEP Engine Event
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Event Event
Application Logic
News
Stream Adapters
Level 2
Stream Agents
“X” Marks the spot Synchronization
Co nt en tN
et wo rk
Service Provider
Service Consumer
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Content-Aware Hardware Infrastructure Applications Applications Databases Content Network
Mobile Devices
Applications IP/MPLS Network Content Routing Blade
500, 000 routes
0.7ms transit for a 4K XML document
Content Transformation Blade
1000’s xforms / sec
Network Acceleration Blade
Assured Delivery Blade
>1MM msgs / sec
Active/active failover
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CONFIDENTIAL
New Streaming Content Sources
Content Sources Level1 Level 2 News
Content Streams
Content Distribution Fabric
Complex Event Processing Applications
(Intermediation, Initialization, Synchronization)
Research
Deals (M&A) Financials Estimates …
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CEP Engine Event
Event Event
Application Logic
Filings
Stream Adapters
Briefings
Stream Agents
Content Distribution Pattern Content Source(s) Content Distribution Fabric
Ingest Interface (Feeds + Authoring)
The Content Master
Metadata
(Intermediation, Initialization, Synchronization)
Data Interface (Content Distribution)
The Application Database
Canonical Data Model (in XML)
Service Interface Human Interface
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And if you Squint just a little tiny bit … Content Source(s) Ingest Interface (Ripping)
Content Master Database
Metadata
Data Interface (Content Distribution) Application Database
Service Interface Human Interface
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The World of Event-Oriented Content Content Sources Level1 Level 2 Orders
Content Streams
Content Distribution Fabric
Complex Event Processing Applications
(Intermediation, Initialization, Synchronization)
IOIs
CEP Engine Event
Event Event
Application Logic
Research
Stream Adapters
News
Stream Agents
Briefings Filings Deals (M&A) Financials Estimates And More
In in this new world, all content has the potential to change “transactionally”. We have lots of interesting new content streams for CEP aware applications and a Content distribution fabric that itself has event stream processing capabilities.
Copyright © Thomson Financial
THOMSON FINANCIAL
Event-based Content Distribution – Accelerating Content Delivery April 2008
Ian Koenig Chief Architect – Thomson Financial
Accelerating Content Delivery in Financial Services
Larry Neumann, SVP Marketing
Financial Services IT Challenges Performance
Market Data
Order Routing
SOA/EDA/CEP
Architectural
Operational
Inability to Change
Complexity
Costs
Scale/Redundancy CONFIDENTIAL
Specialists $$$
Power/Cooling
Infrastructure Consolidation Front Office
Content-Aware Network
Low Latency Market Data
IP Network
Algorithmic Systems CRM/Mobile Alerting ESB/Web Services Order Routing Trade Settlement
Complex Event Processing
Back Office CONFIDENTIAL
Database Synchronization
Market Data Fanout
Interbank Transactions
Global WAN
The Hardware Advantage Topic Routing Blade
Content Routing Blade
Content Assured Transformation Delivery Blade Blade
Network Acceleration Blade
Solace 3230 Content Router
Turnkey hardware middleware with 10x-100x performance advantage over software equivalent. Predictable performance & latency (with load). Wide range of infrastructure functionality in one box.
CONFIDENTIAL
Content Networking Benefits
Higher performance applications
Faster deployments
Predictable latency
Reduced complexity
Reduced capex and opex
CONFIDENTIAL
Example Use Cases
Larry Neumann, SVP Marketing
Market Data Distribution MD Distribution with Content-Aware Hardware
MD Distribution with Middleware Software
Market Data Feeds
Market Data Feeds
Distribution Servers
LAN
Content Distribution
LAN
WAN
o o o
Traders Customers Algorithmic Engines
Server reduction, better performance, simpler operations. CONFIDENTIAL
WAN
Event Monitoring Networks Software-Based Event Processing
Network-Based Event Processing
Decision Makers Security/Fraud Alerts
BPM Servers
CEP Engines App Servers
Messaging Servers
Dashboards BAM
Decision Makers Security/Fraud Alerts
Integration Engines
Millions of Events
33
Credit/Banking Transactions STP/Order Processing
BPM Servers
CEP Engines
Millions of Events
IT Operations Events
Customer Service
IT Operations Events
Credit/Banking Transactions STP/Order Processing
Higher-volume event processing, event processing offload, reduced operational costs, lower latency alerting.
CONFIDENTIAL
Dashboards BAM
Customer Service
Enterprise Service Bus ESB in ContentAware Hardware
ESB in Software Order Processing
News Feeds
News DBs Security
Analysis
Messaging
News Feed
Orders Transformations
Persistant Messaging Rules Engine
Lower latency, costs & simpler operations. CONFIDENTIAL
Order Processing
Back-Office Data Synchronization Network-Based Data Synchronization
Server-Based Data Synchronization
Applications Oracle
Oracle
Oracle
Sybase
Oracle SQL Server
Decoupled sources, reduced load on servers, efficient network use. CONFIDENTIAL
Summary
Performance, costs and complexity are key issues.
Hardware offers performance and management advantages over software.
A single hardware infrastructure can do the job of many parallel software ones.
Shared application infrastructure lowers costs.
CONFIDENTIAL
Accelerating Content Deilvery in Financial Services
Larry Neumann, SVP Marketing
Q& A Please submit your questions now • Greg MacSweeney, Editor-in-Chief, Wall Street & Technology Magazine • Ian Koenig, Chief Architect, Thomson Financial • Larry Neumann, SVP Marketing, Solace Systems
Resources To view this event on-demand: http://www.wallstreetandtech.com/events/ondemand/ For more information please visit: www.solacesystems.com