Data distribution architecture

A computer implemented method for communicating data messages generated by a transaction processor operative to generate, as the transaction processor processes each of a plurality of incoming electronic transaction messages received from any of a plurality of participants, data messages comprising transaction event data indicative thereof, the method comprising:

• receiving, by an electronic data publisher coupled with the transaction processor and with at least a subset of the plurality of participants so as to be able to transmit data messages thereto and further comprising a control database which stores data operative to control communication with one or more of the subset of the plurality of participants coupled therewith, a data message from the transaction processor, the received data message comprising transaction event data, data indicative of a modification to the data stored in the control database, or data indicative of timing information indicative of a relationship between previously received transaction event data or data indicative of a modification to the data stored in the control database and subsequently received transaction event data or data indicative a modification to the data stored in the control database;
• performing, by the electronic data publisher upon receipt of the data message, an action comprising:
• when the received data message comprises data indicative of a modification to the data stored in the control database, updating the data stored in the control database in accordance therewith;
• and
• when the received data message comprises transaction event data, determining, based on the data currently stored in the control database, a subset of at least the subset of the plurality of participants coupled with the electronic data publisher to which to transmit the transaction event data and/or when to transmit the transaction event data thereto, and transmitting the transaction event data to the determined subset of the plurality of participants and/or at the determined time;
• and
• wherein the electronic data publisher operates identically to another electronic data publisher in receipt of a same data message in a same relationship to a previously performed action which was performed based on a previously received data message regardless of whether the electronic data publishers receive the same data messages at the same or at different times, such that when the received data message comprises data indicative of a modification to the data stored in the control database of the other electronic data publisher, the other electronic data publisher updates the data stored in a control database coupled therewith in accordance therewith, and when the received data message comprises transaction event data, the other data publisher determines, based on the data currently stored in the control database coupled therewith, a subset of at least the subset of the plurality of participants coupled with the other electronic data publisher to which to transmit the transaction event data and/or when to transmit the transaction event data thereto, and transmit the transaction event data to the determined subset of the plurality of participants and/or at the determined time.

A system for communicating data messages generated by a transaction processor operative to generate, as the transaction processor processes each of a plurality of incoming electronic transaction messages received from any of a plurality of participants, data messages comprising transaction event data indicative thereof, the system comprising:

• means for receiving, by an electronic data publisher coupled with the transaction processor and with at least a subset of the plurality of participants so as to be able to transmit data messages thereto and further comprising a control database which stores data operative to control communication with one or more of the subset of the plurality of participants coupled therewith, a data message from the transaction processor, the received data message comprising transaction event data, data indicative of a modification to the data stored in the control database, or data indicative of timing information indicative of a relationship between previously received transaction event data or data indicative of a modification to the data stored in the control database and subsequently received transaction event data or data indicative a modification to the data stored in the control database;
• means for performing, by the electronic data publisher upon receipt of the data message, an action comprising:
• when the received data message comprises data indicative of a modification to the data stored in the control database, updating the data stored in the control database in accordance therewith;
• and
• when the received data message comprises transaction event data, determining, based on the data currently stored in the control database, a subset of at least the subset of the plurality of participants coupled with the electronic data publisher to which to transmit the transaction event data and/or when to transmit the transaction event data thereto, and transmitting the transaction event data to the determined subset of the plurality of participants and/or at the determined time;
• and
• wherein the electronic data publisher operates identically to another electronic data publisher in receipt of a same data message in a same relationship to a previously performed action which was performed based on a previously received data message regardless of whether the electronic data publishers receive the same data messages at the same or at different times, such that when the received data message comprises data indicative of a modification to the data stored in the control database of the other electronic data publisher, the other electronic data publisher updates the data stored in a control database coupled therewith in accordance therewith, and when the received data message comprises transaction event data, the other data publisher determines, based on the data currently stored in the control database coupled therewith, a subset of at least the subset of the plurality of participants coupled with the other electronic data publisher to which to transmit the transaction event data and/or when to transmit the transaction event data thereto, and transmit the transaction event data to the determined subset of the plurality of participants and/or at the determined time.