M

Market Data Feed

Real-time prices, trades and order-book information.

External Stream

N

News / Events

Event-driven information entering the data ecosystem.

External Event

A

Alternative Data

Non-traditional datasets used as additional context.

External Stream

DI

Data Ingestion

Receives, validates and normalizes incoming information.

Pipeline Active

EB

Event Bus

Asynchronous message distribution between services.

Messaging Online

TS

Time-Series Storage

Historical market data and system state persistence.

Storage Ready

DP

Data Processing

Cleansing, transformation and stream processing.

Compute Active

FE

Feature Engine

Converts processed data into strategy-ready features.

Compute Active

RA

Research / Analytics

Historical analysis and research infrastructure.

Research Ready

SE

Strategy Engine

Evaluates strategy logic using available context.

Logic Active

SG

Signal Generator

Converts abstract strategy evaluation into structured signals.

Decision Active

RM

Risk Management

Applies constraints, exposure checks and risk controls.

Control Guarded

OM

Order Management

Maintains order state and manages order lifecycle.

Orders Ready

EX

Execution Engine

Handles routing and execution-oriented order logic.

Execution Online

BX

Broker / Exchange

External venue interface receiving execution requests.

External Connected

MO

Monitoring

Observes system state, latency and operational signals.

Ops Watch

OB

Observability

Telemetry, logs and execution feedback across the system.

Telemetry Active