This example represents a simplified securities workflow without considering additional events such as: handling of partial executions, order rejection at any stage, various confirmations of receipt, settlement and reconciliation issues, foreign exchange rate inputs.
All these events and their associated workflows can be predefined in the SOFGEN EVENT MANAGER without having to build any routine.
Routines are convenient and powerful but the excessive usage of such tools can lead to destabilized system, degraded slower performances and often triggers heavy maintenance costs for each TEMENOS GLOBUS™/ T24™ upgrade.