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Re: FIX to Any format - Use cases
Mahesh Kumaraguru <> 30 Aug 2007 10:57PM ET I could not get the "need" factor in your question. I am a programmer and hence the "need" comes from business. Recursively for them the need to convert between FIX and a non-FIX format comes from their need to use different software (some may be legacy) and these softwares are not by design directly interoperable, So I as programmer "glue" these software(s) together - Enterprise Application Integration (EAI).
When I say "the need comes from business" - I mean the business tells technology "integrate x with y". For example :- the business already is using an accounting system and a trading system, but these are currently not integrated - data transfer between them is manual. Now with the idea of streamlining operations an EAI project starts to integrate the accounting and trading system. This is the need.
I as technology may have alternatives like "build an inhouse product z which is x + y + whatever else you need", but the business would not prefer this if the cost difference between building z is large compared to integrating x <-> y. Another alternative may be "find a product z2 = x + y" and procure and migrate. Again similar criteria may rule it out :-(
> Hi,
>
> Thanks for your reply, Are you familiar with the business case behind
> the need to convert between COBOL and Fix messages? Who has this
> problem? Any other cases like this one that you know of?
>
> Thanks a lot for your help.
>
>
>
>
>
> > Refer
> >
> > http://fixprotocol.org/discuss/read/0c88025f
> >
> > where there is an example of "FIXML DTD to Cobol record". Please feel
> > free to post any questions you have.
> >
> > Regards,
> > K. Mahesh
> >
> > > Hi,
> > >
> > >
> > >
> > > My name is Ophir Chen, and I'm currently doing my first steps in the
> > > FIX world.
> > >
> > > I'm trying to answer a simple question:
> > >
> > > What are the use cases where there is a need to convert to/from FIX
> > > and any other format or take FIX into non FIX system?
> > >
> > >
> > >
> > > One example I could think of :
> > >
> > > Back office that needs to load to TLM system all FIX transaction and
> > > therefore needs to convert FIX messages to TLM format (can be CSV,
> > > DB, XML etc.)
> > >
> > >
> > >
> > >
> > >
> > > I would appreciate a lot any kind of help.
> > >
> > > Thanks for your time.
> > >
> > >
> > >
> > > -----------------
> > > Ophir Chen
> > >
> > > Sales consultant, Complex Data Exchange
> > >
> > > Email: ochen@informatica.com
Re: FIX to Any format - Use cases Mahesh Kumaraguru 30 Aug 2007 10:57PM ET |