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Composer is Cicada’s core data management infrastructure, comprising components and tools that can be deployed by Cicada as a complete end-to-end reference data validation and cleansing solution. Because it is componentized, Composer’s facilities can also be used to form individual packaged solutions to solve specific data management “pain points”.
The strength of Composer as a reference data engine is in its process-oriented nature and its empowerment of the end user to define and configure rules, workflows, data model and security. In quick summary, following are some of the key functionality areas offered by Composer:
- Strong workflow-driven framework
- Complete data schema independence, with a Data Modeler tool to define and modify the data model
- Easy vendor and internally-sourced data acquisition,
including feed handlers for a wide range of third-party sources
- Automatic data validation
- Extensive functionality for data composition and value-added enhancement
- Easy-to-use facilities for manual data correction
- Fine data permissioning and access control
- Flexible data distribution, in timing, protocol and format
- Graphical workflow editor to define processes for specific
business requirements, activities and participants
- Easy report designer to define customized reports
- Graphical, object-based rules editor to define business rules
- Full compatibility with the WebDAV protocol for interfacing to commonly used document management systems
- Detailed audit trail
- Full scalability
- Manages both instrument and counterparty/legal entity reference data
The features and functionality are organized into three major building blocks – Composer Workplace, the Data Processing Engine and the Database. The following diagram illustrates the relationship between the various building blocks and elements inside them.
Note: For more information, place your cursor on the individual building blocks .
Along with Composer’s core functionalities outlined above, it includes a suite of existing feed handlers for vendor data, and a set of powerful tools for use in a reference data solution.
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