No SOAs Yet in Front Office

SPECIAL REPORT

NEW YORK—Service-oriented architectures (SOAs) have yet to impact front-office trading technologies, according to participants at the 2006 Web Services/SOA on Wall Street conference held last week.

A case in point is Merrill Lynch, which has been pioneering SOAs and Web services since 2001. By early 2003, the firm had developed X4ML, a solution that lets mainframe developers build Web services for their applications, according to Jim Crew, a vice president with SOA Software who is also a Merrill

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