Education Case StudyDeakin University

Deakin University creating the ‘real world’ for future traders with Telstra Trading Room

The Brief

Preliminary discussions started with the Deakin University Business and Law faculty in September 2012. The Faculty wanted to create a more “real-life” experience for their Trading students.

Telstra conducted a consultancy with the Faculty members, Head of Campus, and Deakin University eSolutions to capture the scope of requirements for the room that defined what was to be designed and commissioned.

The intended outcome of Telstra Trading Room requested by Deakin University was to provide students with a ‘real life’ experience of how a Securities Exchange can operate in order for Deakin University students to be more competitive and ‘job ready’ at the completion of their studies.

The Solution

Per the project Brief, an extensive consultation with the customer was conducted to ensure the business requirements of the project outcome were fully understood, captured, and agreed to before the design was committed to paper.

Past this point a technology solution was constructed to meet the needs of Deakin University.

AMX was selected as the room automation system of choice based on its known history with similar projects, ability to customise specifically to meet the customer’s requirements, and the proven reliability of the AMX products.

In addition to the comprehensive AMX solution deployed in the Telstra Trading Room, the installation of a large video display wall and a Securities Exchange ticker helped complete the learning component of the solution, and provide the real life experience of the room for Deakin University students.

'The Telstra Trading Room is a high tech teaching space that will teach real-world financial modelling and concepts to our accounting and finance students,’ explains Lorri Cahill, Deputy General Manager of Deakin’s Faculty of Business and Law.

‘The Telstra Trading Room is an innovative teaching tool, resulting from a unique collaboration between Telstra and Deakin University. Once completed, the room, which will be located at Deakin’s Melbourne Burwood Campus, will look and function like a miniature stock exchange. Students will break up into small groups of three and each will take on a role that currently exists in the stock exchange including trading on currency or the futures market, depending on what they are learning at the time.’ Not everything is a simulation, though. ‘What will not be pretence will be the decisions the students make,’ says Lorri. ‘Although it will be based on real feed from ASX and Bloomberg, students will have access to live market data from various sources, and their decisions will be informed by real information.’ ‘The centrepiece will be the big trading wall with all the technology that entails,’ explains Jamie Hewett, who heads up the project for Telstra. ‘But we are also creating a teaching tool, where up to 15 teaching activities can be happening at the same time. Each of the little pods will have audio and video, so the experience can be recorded.’ ‘This provides the opportunity to close the feedback loop with the students,’ adds Lorri.

Manufacturer
Brand
Product Code
Qty
AMX by Harman
NetLinx Integrated Controller
NI-4100
1
AMX by Harman
20.3"" Modero X-Series Panoramic Table-Top Touch Panel"
MXT-2000XL-PAN
2
AMX by Harman
8-Button Key Pad
SP-08-AX-US-xx
2
AMX by Harman
Enova DGX 16x16 Enclosure
ENOVADGX16-ENC
2
AMX by Harman
16 Audio Insert or Extract
ENOVADGX-AUD-INS
1
AMX by Harman
DXLINK HDMI UTP Transmitter with HDCP
TX-HDMI-DXLINK
39
AMX by Harman
4 DXLINK Input with HDCP
ENOVADGX-VI-DXLINK#
12
AMX by Harman
4 HDMI Output with Smart Scale
ENOVADGX-VO-HDMI#
1
AMX by Harman
4 DXLINK Output
ENOVADGX-VO-DXLINK#
3
AMX by Harman
DXLINK Multi-Format Twisted Pair Transmitter Module
TX-MULTI-DXLINK#
3
AMX by Harman
DXLINK HDMI Twisted Pair Receiver Module
RX-HDMI-DXLINK#
10
AMX by Harman
4 HDMI Input with HDCP
ENOVADGX-VI-HDMI#
1
AMX by Harman
FG1058-580 Enova DGX Output Boards
DGX-O-DXL
1
AMX by Harman
Power Distribution Unit
NXA-PDU-1508-8
2

Organisation
Deakin University

Location
Burwood Campus, Melbourne

Project Contributors
Integrator
Architects
Builders


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