Discover Event-Driven Integrations with SAP | SAP Community Call

Published on March 12, 2023

Find Interesting Stories Relevant to Event Driven Strategy PDF, Discover Event-Driven Integrations with SAP | SAP Community Call.


Today’s business world is fast-paced and always changing. To keep up with this speed and the dynamics, IT needs to be able to react to changes in real-time and to provide options to rewire business processes easily. Event-Driven architecture offers all of this: real time reactions, flexibility, loose coupling and extraordinary scaling are some of the benefits it brings. It is a perfect fit for today’s business world.
This session will introduce you to Event-Driven Architecture with a specific focus on the SAP Event-Driven Ecosystem and with a long deep dive into the eventing capabilities of SAP S/4HANA and SAP S/4HANA Cloud.

With a clear focus on event-driven integrations, you will:
– Learn the basics of Event-Driven Architecture
– Hear about benefits and challenges
– Discover SAP’s Event-Driven Ecosystem
– Delve into event-driven use cases in the SAP cosmos
– Deep Dive into SAP S/4HANA and SAP S/4HANA Cloud from an Eventing perspective

More information:
All raised questions during this call are addressed in a blog post which speaker Karsten has published as a follow-up:
More about SAP Integration Strategy:

00:00 [Introduction]
01:32 [Speaker Introduction & Agenda]
02:48 [SAP’s Integration Plan in the Cloud]
03:21 [Event-Driven Architecture]
08:08 [Activity Events & Data Events]
10:10 [Notification & Data Events]
11:52 [Benefits and Challenges of Event-Driven Architectures]
14:21 [SAP’s Event-Driven Ecosystem]
16:51 [SAP Event Mash]
18:41 [Selected SAP Specific Example Use Cases]
21:47 [Events in SAP S/4HANA]
22:16 [Where to use them and where not]
26:08 [Examples of Event-like Mechanisms in SAP ECC and SAP S/4HANA]
27:00 [Events in SAP S/4HANA – Concepts]
29:00 [Implementation]
32:54 [Example: Business Event “SalesOrder.Changed”]
33:55 [Business Event “Business Event Handling” (BEH)]
34:57 [Events with Restful ABAP Programming Model (Outlook) – Architecture]
36:13 [Content on SAP API Business Hub]
38:37 [Message-based Integration – An Outlook]
39:58 [Other Options for Events in SAP S/4HANA]
41:22 [Your Path to Becoming an Integrated Intelligent Enterprise]
41:43 [Q&A with live participants]

Discover Event-Driven Integrations with SAP | SAP Community Call, Event Driven Strategy PDF

Event Driven Strategy PDF, Discover Event-Driven Integrations with SAP | SAP Community Call.


Measurable Event Trading Versus Over-Simplistic Assumptions

Spikes do not vary much hereof, they just occur over a smaller home window of time. A spike occurs to begin with because the market has simply discovered new info, details which is not yet “valued in”. Depending on the severity of the information, the spike will certainly be huge or little, and proceed or fail. To discuss this principle a little much better, I’m mosting likely to cite what numerous event-driven measurable techniques do on a regular basis:

Designers of these event-based (spike) trading techniques have the ability to evaluate data recovered from economic information launches rather quickly. They simply take the inconsistency from the real and also anticipated number, pair it with various other financial information releases that occur at that point in time (if required), take the average modification in cost prior to as well as after certain deviations take place, the timeframe in which these modifications happen, as well as have the ability to maximize a method based upon this as well as any other technical factors they desire. They have a history of information (numbers) with which to function.

In all of the variables provided above, numbers are readily available, and also equipments need numbers. Yet what takes place when a spike is caused by a comment from a high ranking government official? No numbers there, just words. Yes, words.

What concerning words? Words, when it pertains to shows, can be numbers. Let me describe:

Words are weights, when determined versus each other in regard to cost motions. “downgrade” lugs a various weight than “stimulation” or “defend” or “shield the money”, and so on, relying on that it is originating from and also the context of other words used at the time.

High and low ranking government officials can be weights. The high ranking government official evaluates more than a reduced ranking government official, etc. A rating firm, and also words used in their news release, can be weight. Etc. etc.

So when you take an industry-standard information feed, assign weights (numbers) to every little thing stated over against average cost movements, time, other technological factors, etc., you wind up with an example of data that can be maximized into a potentially successful trading method.

As well as while I understand it all might seem outrageous at first, if you think I’m simply pulling your leg on all of this, reconsider. While I’m providing an extremely streamlined description of the idea, it is certainly utilized in mainly all markets by various participants, and most definitely in this one.

Just how is the foreign exchange market managed?

Regardless of the substantial size of the foreign exchange market, there is very little regulation since there is no regulating body to police it 24/7. Instead, there are a number of nationwide trading bodies around the globe who manage residential foreign exchange trading, along with various other markets, to guarantee that all foreign exchange service providers stick to particular criteria. For example, in Australia the governing body is the Australian Securities as well as Investments Compensation (ASIC).

How much money is traded on the foreign exchange market daily?

Roughly $5 trillion well worth of foreign exchange transactions happen daily, which is an average of $220 billion per hr. The marketplace is mostly comprised of organizations, corporations, governments and currency speculators supposition comprises approximately 90% of trading volume as well as a large bulk of this is focused on the US dollar, euro as well as yen.

What are spaces in forex trading?

Gaps are points in a market when there is a sharp motion up or down with little or no trading in between, leading to a ‘space’ in the typical rate pattern. Spaces do happen in the foreign exchange market, but they are significantly less common than in various other markets since it is traded 24 hours a day, 5 days a week.

Nonetheless, gapping can take place when financial data is released that comes as a surprise to markets, or when trading returns to after the weekend or a holiday. Although the forex market is closed to speculative trading over the weekend, the market is still open up to reserve banks as well as associated organisations. So, it is possible that the opening rate on a Sunday evening will be various from the closing price on the previous Friday evening resulting in a space.

Final Thoughts:

Matching different types of trading to an individual’s personality type is definitely no assurance for forex trading success. Nevertheless, locating a trading design that’s well matched to your personality type can assist brand-new traders locate their feet and also make the right moves in the market. Just take the quiz as well as address the 15 concerns truthfully to expose which trading style is the ideal fit for you.

Find Interesting Posts Top Searched Event Driven Strategy PDF and Financial market information, analysis, trading signals as well as Foreign exchange financial expert evaluations.

Please Note:

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