Nowadays
stocks are traded electronically instead of manually with an open outcry
approach. As a result, business activities of investment banking organizations
rely heavily on the availability of their trading systems. Any system failure
will directly affect their business and in turn damage their reputation. Due to
the complexity of the business, trading of stock requires services provided by
many systems even within the same company. Any failure of a single system may
stop the business. However, the monitoring of many systems simultaneously is
not an easy task. This paper proposes a Web service approach to monitor all the
systems related to stock trading within an investment banking organization. We
develop a model for specifying how to detect potential system problems quickly,
how to escalate the issues to relevant parities on time with an alert
mechanism, and how to manage system outages properly.
EXISTING SYSTEM:
Nowadays
stocks are traded electronically instead of manually with an open outcry
approach. As a result, business activities of investment banking organizations
rely heavily on the availability of their trading systems. Any system failure
will directly affect their business and in turn damage their reputation. Due to
the complexity of the business, trading of stock requires services provided by many
systems even within the same company. Any failure of a single system may stop
the business. However, the monitoring of many systems simultaneously is not an
easy task.
PROPOSED SYSTEM:
This paper proposes an alert based approach
to monitor different types of trading systems (order management, execution,
settlement, etc.), based on our case study in a large global investment bank.
The new monitoring system, known as Stock Trading Monitoring System (STMS),
detects system issues quickly and informs relevant parties to take action. When
there is an outage, appropriate actions can be taken as soon as possible to
minimize the impacts. After the issues have been resolved, all the detailed
information such as symptoms, root cause, resolution, and preventive actions
are recorded. All relevant staff can also learn from experience how to prevent
similar problems. If the same problem occurs, the remedial actions can then be
carried out quickly.
Hardware Requirements
•
SYSTEM :
Pentium IV 2.4 GHz
•
HARD DISK :
40 GB
•
FLOPPY DRIVE :
1.44 MB
•
MONITOR :
15 VGA colour
•
MOUSE :
Logitech.
•
RAM :
256 MB
Software Requirements
•
Operating
system :- Windows XP
Professional
•
Front
End :-
Microsoft Visual Studio .Net 2003
•
Coding
Language :- Visual C# .Net
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