Active and Real-Time Functionalities for Electronic Brokerage Design

Authors:
M. Beck;P. Konana;G. Liu;Y. Liu;A. Mok
Affiliations:
-;-;-;-;-
Venue:
WECWIS '99 Proceedings of the International Workshop on Advance Issues of E-Commerce and Web-Based Information Systems
Year:
1999

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Abstract

In this position paper, we discuss an architecture for developing next generation electronic brokerages using active and real-time functionalities. These electronic brokerages support timeliness requirements and allow users to express complex preferences. User preferences can be conveniently captured as Event-Condition-Action (ECA) rules. The design allows pro-active monitoring of user preferences and execution of actions in a timely manner. A proof-of-concept prototype is implemented using Java in the context of online trading. The prototype consists of three major components: Rule validator, Active Rule Manager and Event Monitor.