Semantic and Syntactic Interoperability in Transactional Systems

Proceedings of the ACM Electronic Commerce Conference, pp. 266-267, June 2003

2 Pages Posted: 7 Oct 2010

Date Written: June 2003

Abstract

This research note describes a middleware-based system that enables semantic and syntactic interoperability of transactional data exchanged in real-time between sending and receiving systems. Our system samples transaction streams, and statistically measures the variances in the semantics and syntax of the underlying data elements exchanged between sending and receiving systems. Automatic transformations of the data elements are applied when a context-specific Data Operability Threshold is crossed. The transaction is then transmitted onward by the sending system (or processed for consumption by the receiving system) in a format that ensures no manual reconciliation would be required to process the transaction. The System is being prototyped for cross-border securities trading and settlement.

Keywords: Management, Measurement, Standardization, Integration, Interoperability, Semantics, Syntax, Transformation

JEL Classification: G10,G14,G19

Suggested Citation

Jovellanos, Chito, Semantic and Syntactic Interoperability in Transactional Systems (June 2003). Proceedings of the ACM Electronic Commerce Conference, pp. 266-267, June 2003, Available at SSRN: https://ssrn.com/abstract=1687902

Chito Jovellanos (Contact Author)

forward look, inc. ( email )

101 Federal Street
Suite 1900
Boston, MA 02110
United States

HOME PAGE: http://www.forwardlook.com

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