scholarly journals Digitalization of the Process Landscape for Proprietary Bond Trading

2021 ◽  
Vol 3 (6) ◽  
pp. 76-89
Author(s):  
Timothy Petrov ◽  
Wolfgang Neussner ◽  
Maximilian Lackner
Keyword(s):  
Value Chain ◽  
Software Applications ◽  
Front Office ◽  
The Right ◽  
Automated Software ◽  
Securities Trading ◽  
Functional Areas ◽  
Back Office ◽  
Complex Activities ◽  
Made In

On the surface, the process landscape for fixed income securities trading within most banks has changed only slightly in the past four decades. The value chain remains divided amongst front-, middle-, and back office, with IT in support. Front office negotiates deals with customers and other banks, middle office manages risks and reporting, and back office ensures that payments are made in exchange for a transfer of the bonds that have been traded. Though these processes have gradually migrated to electronic mediums, much of the work in all functional areas remains manual. But the advent of digital technologies, primarily process automation software and data integration in an open software architecture, allows banks to dramatically change how the processes along the value chain are carried out. Repetitive and predictable tasks can be performed by automated software, allowing humans to concentrate on complex activities that require flexibility and discretion. Those tasks that remain in the hands of humans can also be made more efficient by extracting data from software applications along the entire process chain and providing them to the human user at the right point in time in the right system.

The Memory of Banking

2011 ◽  
Author(s):  
Vincent Antonin Lépinay
Keyword(s):  
Complex Topography ◽  
Front Office ◽  
The Right ◽  
Back Office ◽  
The Way

This chapter studies the difficulties encountered by the various operators trying to keep track of the changes a typical product goes through. The customized nature of the services offered by General Bank and the right of the clients to revise their products along the way creates a puzzle for an organization needing to be collectively reactive to these changes. From the perspective of the back office, capital guarantee products (CGPs) are disruptive: they impose themselves on a bank's conservation methods and demand new rules. The challenge for the bank comes from its complex topography, as contacts with the outside world morph from being driven by the front office (salespeople, traders, engineers) to being the realm of the back-office managers.

Cancellation and Termination of Assignment Contract of Patrimonial Rights of the Author

2019 ◽  
Vol 25 (2) ◽  
pp. 197-201
Author(s):  
Tudor-Vlad Sfârlog
Keyword(s):  
Scientific Research ◽  
Legal Provisions ◽  
The Right ◽  
Made In

Abstract The present study offers the doctrine of the right of intellectual creation new perspectives on the study of the institution of termination of the assignment contract for the patrimonial rights resulting from the intellectual creation. We believe that the present study is rich in doctrinal contributions, formulating new theses and opening the prospect for new perspectives of scientific research. Last but not least, we appreciate that the proposals made in the present study contribute not only to the activity of opinionated in the field, but also to the work of practitioners and direct beneficiaries of the legal provisions on the assignment of patrimonial rights of authors.

scholarly journals Enabling Knowledge Sharing within e-Government Back-Office through Ontological Engineering

2007 ◽  
Vol 2 (1) ◽  
pp. 33-48
Author(s):  
Graciela Brusa ◽  
María Laura Caliusco ◽  
Omar Chiotti
Keyword(s):  
Organizational Innovation ◽  
Santa Fe ◽  
Ontological Engineering ◽  
The Public ◽  
Software Applications ◽  
Process Characteristics ◽  
Main Requirement ◽  
The Government ◽  
Back Office

Nowadays, organizational innovation constitutes the government challenges for providing better and more efficient services to citizens, enterprises or other public offices. E–government seems to be an excellent opportunity to work on this way. The applications that support front-end services delivered to users have to access information systems of multiple government areas. This is a significant problem for e-government back-office since multiple platforms and technologies coexist. Moreover, in the back-office there is a great volume of data that is implicit in the software applications that support administration activities. In this context, the main requirement is to make available the data managed in the back-office for the e-government users in a fast and precise way, without misunderstanding. To this aim, it is necessary to provide an infrastructure that make explicit the knowledge stored in different government areas and deliver this knowledge to the users. This paper presents an approach on how ontological engineering techniques can be applied to solving the problems of content discovery, aggregation, and sharing in the e-government back-office. This approach is constituted by a specific process to develop an ontology in the public sector and an ontology-based architecture. In order to present the process characteristics, a case study applied to a local government domain is analyzed. This domain is the budget and financial information of Santa Fe Province (Argentine).

The "Right to Die": A Case Study in American Lawmaking*

1996 ◽  
Vol 3 (1) ◽  
pp. 49-74
Author(s):  
Alan Meisel
Keyword(s):  
Legal System ◽  
Right To Die ◽  
Judicial Process ◽  
Clinical Issue ◽  
The Press ◽  
American Law ◽  
American Legal System ◽  
The Right ◽  
Made In

AbstractIn the 20 years that have passed since the Karen Quinlan case exposed a simmering clinical issue to the light of day — more precisely, to the press and to judicial process — a consensus has developed in American law about how end-of-life decisionmaking should occur. To be sure, there are dissenting voices from this consensus, but they are often (though not always) about minor issues. By illustrating how this consensus has evolved, this paper explores how law is made in the American legal system and the roles that different legal and extra-legal institutions play in lawmaking.

Investing in the Ugandan dairy sector

2021 ◽  
Vol 11 (2) ◽  
pp. 1-25
Author(s):  
Jorge Fernandez Vidal
Keyword(s):  
Value Chain ◽  
Dairy Farm ◽  
Market Demand ◽  
Content Type ◽  
Academic Level ◽  
Doing Business ◽  
The Right ◽  
Value Disciplines ◽  
Investment Firm ◽  
Agricultural Investments

Learning outcomes Industry analysis and market attractiveness: Understand how to analyse an industry, using the dairy sector in Uganda as an example and what makes a market attractive for incumbents or future entrants. Value disciplines: Understand and apply the different value disciplines companies can choose from to achieve market-leading positions. Business integration: Understand some of the key benefits of vertical integration and when it may or may not make sense to integrate. Doing business in Africa: Understand the specific generic challenges of doing business in Africa, particularly in the agricultural and manufacturing sectors. Generalisability of frameworks: Realise that the same frameworks that are used to analyse large firms and mature markets can be applied to smaller firms in less developed markets. Case overview/synopsis The case is set in the early months of 2020, as Bernd Schanzenbächer, founder and managing partner of EBG Capital (a Swiss investment firm that manages a multimillion global portfolio of agricultural investments), and his team are deciding whether to invest in a dairy farm in Uganda. The opportunity looks quite interesting and the EBG Capital team believes there is a good fit between the farm owners’ needs, its management team’s objectives and EBG Capital’s strengths and interests. However, the dairy market in Uganda faces many challenges and, while the market-demand fundamentals appear promising, the team wonders if it is the right time to invest. The issue for EBG Capital is to understand what makes the Ugandan dairy industry so challenging and to determine how to fix or mitigate some of the industry’s most pressing problems – given that it will be the firm’s first investment in the country – as well as for deciding where it makes sense to play in the broad value chain (i.e. only in milk production or also in milk processing). Complexity academic level Masters in Business Administration and Executive Education courses. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 11: Strategy.

Summary judgment — Quo vadis?

2021 ◽  
Vol 138 (1) ◽  
pp. 88-114
Author(s):  
Thino Bekker
Keyword(s):  
South African ◽  
Historical Development ◽  
Access To Justice ◽  
High Court ◽  
The Core ◽  
Golden Opportunity ◽  
Quo Vadis ◽  
The Right ◽  
Summary Judgment ◽  
Made In

The summary judgment procedure in South African law provides for a speedy judgment in favour of a deserving plaintiff where it can be shown that the defendant does not have a triable defence. In 2019 the Rules Board made certain drastic amendments to the procedure of summary judgment in the high court. In this article the historical development of the procedure of summary judgment will be discussed, and the new amendments to rule 32 of the Uniform Rules of Court critically evaluated. It will be argued that the amendments to rule 32 were unnecessary and that it may diminish the right to access to justice in civil disputes. It will, however, also be argued that there are some merits in the critique raised by the Rules Board in relation to rule 32 and that the Rules Board missed a golden opportunity to overhaul the entire summary judgment procedure in a more sensible manner and in line with the core constitutional values of s 34 of the Constitution. It will be argued that rule 32 should be replaced in its entirety by a new, more streamlined procedure, and some recommendations for legal reform will be made in this regard.

scholarly journals XXXIV. On the transit of Venus in 1769. To the Right Honourable The Earl of Morton, President to the Council and Fellows of the Royal Society, this discourse is, with all humility, inscribed, by their humble servant, Thomas Hornsby

1765 ◽  
Vol 55 ◽  
pp. 326-344 ◽  
Keyword(s):  
Royal Society ◽  
The Sun ◽  
The Real ◽  
The Earth ◽  
Theory Of Gravity ◽  
The Right ◽  
Made In

The observations of the late transit of Venus, though made with all possible care and accuracy, have not enabled us to determine with certainty the real quantity of the sun's parallax; since, by a comparison of the observations made in several parts of the globe, the sun's parallax is not less than 8" 1/2, nor does it seem to exceed 10". From the labours of those gentlemen, who have attempted to deduce this quantity from the theory of gravity, it should seem that the earth performs its annual revolution round the sun at a greater distance than is generally imagined: since Mr. Professor Stewart has determined the sun's parallax to be only 6', 9, and Mr. Mayer, the late celebrated Professor at Gottingen, who hath brought the lunar tables to a degree of perfection almost unexpected, is of opinion that it cannot exceed 8".

Development of Bionic Design Concepts for Structure Optimisation of Forming Tools According to Production and Stress Constraints

2011 ◽  
Vol 473 ◽  
pp. 209-216
Author(s):  
Eugen Oswald ◽  
Mathias Liewald ◽  
Oliver Stephan
Keyword(s):  
Automotive Industry ◽  
Stress Constraints ◽  
Bionic Design ◽  
Design Concepts ◽  
Special Cases ◽  
Current Design ◽  
The Right ◽  
Forming Tools ◽  
Current Standards ◽  
Made In

In the automotive industry, current design and dimensioning of forming tools and bearing tool components occurs according to guidelines. Possible interactions between arising loads as well as dimensioning are empirically estimated. Simulative computations, which are based on CAE-methods, are only realized in special cases. Therefore, most often current standards lead to oversized tools. In consequence, new studies based on CAE-analyses are supposed to investigate new possibilities to design forming tools and components optimized in their structure corresponding to the right distribution of forces and stress. This is made in order to increase reliability during the manufacturing process, as well as the tools’ stiffness and contribute to decrease of investment costs.

Power and Organizational Transformation through Technology: Hybrids of Electronic Government

2009 ◽  
Vol 30 (5) ◽  
pp. 461-487 ◽  
Author(s):  
Brian P. Bloomfield ◽  
Niall Hayes
Keyword(s):  
Organizational Transformation ◽  
Electronic Government ◽  
The North ◽  
Organizational Configurations ◽  
Front Office ◽  
Service Departments ◽  
The Uk ◽  
Back Office ◽  
Radical Transformation ◽  
Shed Light

This paper considers the UK Government's major modernization programme for local government and its aim to use technology to bring about a radical transformation in the delivery of public services by joining up hitherto separate service departments and focusing the organization of services around the citizen. Drawing upon empirical fieldwork in the North of England, the paper seeks to shed light on the realization and operation of modernization and considers the issues of power and hybridity involved in the emplacement of new organizational configurations (`front office' contact centres and `back office' service departments) to handle citizen inquiries.

scholarly journals Studies on Amphibian Metamorphosis

1939 ◽  
Vol 16 (1) ◽  
pp. 96-120
Author(s):  
O. M. HELFF
Keyword(s):  
Great Majority ◽  
Gill Tissue ◽  
Shoulder Girdle ◽  
The Other ◽  
Histological Structure ◽  
Serial Sections ◽  
Stages Of Development ◽  
Amphibian Metamorphosis ◽  
The Right ◽  
Made In

(1) Opercular integument, homoplastically transplanted to the back and side of R. temporaria larvae, underwent a process of partial degeneration. The histolysis was not confined to any localized region of the transplant. (2) Autoplastic transplantation of opercular integument to the back and side produced a variety of results. Normal histological structure was maintained in certain transplants, generalized degeneration was observed in others, while in several instances localized histolysis resulting in perforation formation occurred. (3) Homoplastic and autoplastic transplantation of back and side skin to the opercular region resulted in histolysis and perforation formation in such transplants during larval involution. (4) The right forelimbs (in early stages of development) with attached portions of the shoulder girdle were extirpated in R. temporaria and B. bufo. During subsequent metamorphosis, normal opercular histolysis followed by perforation formation in many cases was observed. In most instances, serial sections of the peribranchial cavity revealed the absence of cutaneous glands. (5) Extirpation of the right forelimb only was made in the same two species. Opercular histolysis subsequently occurred in all instances, resulting in perforation formation in the great majority of cases during larval involution. In many of the B. bufo animals two separate perforations developed, one filled with limb stump and the other with gill tissue. (6) It is concluded that in R. temporaria a particular area of the operculum may in some individuals possess self-degenerative potentialities conducive to histolysis and perforation formation during metamorphosis. In both R. temporaria and B. bufo histolytic influences emanating from the atrophying gill tissue and the cutaneous glands of the forelimb are probably also responsible for opercular histolysis and perforation formation. Limb pressure must be considered a supplemental factor. (7) The results are discussed in general and attention called to the fact that opercular histolysis and perforation formation are "doubly assured" in some species and possibly even "triply assured" in others. Emphasis is placed on the evidently wide divergence between species as regards the particular combination of factors responsible for opercular histolysis and perforation formation. Apparently, no one explanation can serve to account for the phenomenon as it occurs in various species of anurans.

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