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BEA WebLogic Platform 8.1 to Provide Application Infrastructure for Trading Support Systems

BEA WebLogic Platform 8.1 to Provide Application Infrastructure for Trading Support Systems

Euronext.liffe, a leading exchange for short-term interest rate derivatives and equity options, has chosen BEA WebLogic Platform 8.1 and BEA Services to help provide the foundation for a new service oriented architecture for its trading support systems.

BEA WebLogic Platform 8.1 is designed to give Euronext.liffe the flexibility to respond to significant amounts of change each year, to help provide faster and more cost effective time to market for new applications, products, and initiatives. The use of BEA WebLogic Workshop can mean a decrease in the J2EE resources required to build and maintain the new architecture.

Euronext.liffe's decision to select BEA WebLogic Platform 8.1 follows an extensive evaluation of all the major J2EE players. Euronext.liffe plans to use all elements of the BEA WebLogic Platform 8.1. In addition, the company plans to use BEA WebLogic Server as the application server on which the trading support systems will run, BEA WebLogic Portal as the proposed user interface, and BEA WebLogic Integration to develop and manage business processes, and achieve control and efficiency. The first project is scheduled to be an integration project to develop a central configuration database from which all sub-systems receive their information on who can trade, and how the products behave.

"We required a flexible, technology infrastructure that could allow us to remain at the forefront of industry development," said Peter Friend, chief operating officer of Euronext.liffe. "The converged BEA platform can help us achieve our aim of having a service-based architecture for our trading support systems."

Euronext.liffe also selected BEA Services to provide consulting, education and support throughout the project lifecycle. This includes the development of the architecture and implementation of a new software engineering and delivery process. A tailored skills transfer program has been created to optimize the timeframe for Euronext.liffe’s self-sufficiency.

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WLDJ News Desk trawls the world of e-commerce technologies for news and innovations and presents IT professionals with updates on WebLogic related technology trends, products, and services.

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