ContextMetrics: Semantic and Syntactic Interoperability in Cross-Border Trading Systems
20th International Conference on Data Engineering, pp. 808-811, 2004
4 Pages Posted: 6 Oct 2010
Date Written: April 2004
This paper describes a method and system for quantifying the variances in the semantics and syntax of electronic transactions exchanged between business counterparties. ContextMetrics enables (a) dynamic transformations of outbound and inbound transactions needed to effect ‘straight-through-processing’ (STP); (b) unbiased assessments of counterparty systems’ capabilities to support STP; and (c) modeling of operational risks and financial exposures stemming from an enterprise’s transactional systems.
Keywords: interoperability, semantics, syntax, trading, cross-border, global, data
JEL Classification: G10, G14, G19
Suggested Citation: Suggested Citation