a practical framework for planning pro development climate policies

... PM initiatives and business process applications.) 3.3.2 Analytic Applications Analytic applications package BI capabilities for a particular domain or business problem Analytic applications consist ... different analytic applications from the operations manager of a highly automated manufacturing environment What metrics, data and applications they have and/or need? Analytic applications turn data ... capability of “forecasting” becomes packaged as an analytic application of “sales forecasting” and put in the hands of a sales manager 12 represent emerging markets Analytic applications can...

Ngày tải lên: 29/08/2014, 22:24

... create a class to handle items in a collection Start up a new console application in Visual Studio and add a class called ListBase Now we need to add the necessary namespaces and declare the class ... Last But Not Least: Audio with XACT Love it or hate it, the way to go for XNA audio is the Cross-Platform Audio Creation Tool (XACT) Essentially, an XACT project organizes wave files and a healthy ... properties instead of public fields to hold and maintain data Properties are a quick way of writing access methods for a private field and can contain any standard code class Box { // private int height;...

Ngày tải lên: 05/03/2014, 22:21

... Guidance for Industry PAT — A Framework for Innovative Pharmaceutical Development, Manufacturing, and Quality Assurance Additional copies are available from: Office of Training and Communication ... adopted for implementation To facilitate adoption or approval of a PAT process, manufacturers may request a preoperational review of a PAT manufacturing facility and process by the PAT Team (see ORA ... proposals for postapproval changes Approaches and information technology systems that support knowledge acquisition from such databases are valuable for the manufacturers and can also facilitate scientific...

Ngày tải lên: 18/03/2014, 00:20

... STRATEGIC STAFFING @Team-FLY This Page Intentionally Left Blank STRATEGIC STAFFING A Practical Toolkit for Workforce Planning Thomas P Bechet American Management Association New York • Atlanta ... for the same planning period/time frame While this approach may bring consistency, it also forces every unit to adopt a process and a set of planning parameters that may not be appropriate Rather ... difference between data and information Data are just that—facts, figures, numbers, and the like Data that are used to make a decision are information If, for example, you reallocate staff because of something...

Ngày tải lên: 09/04/2014, 15:26

... STRATEGIC STAFFING @Team-FLY This Page Intentionally Left Blank STRATEGIC STAFFING A Practical Toolkit for Workforce Planning Thomas P Bechet American Management Association New York • Atlanta ... for the same planning period/time frame While this approach may bring consistency, it also forces every unit to adopt a process and a set of planning parameters that may not be appropriate Rather ... difference between data and information Data are just that—facts, figures, numbers, and the like Data that are used to make a decision are information If, for example, you reallocate staff because of something...

Ngày tải lên: 09/04/2014, 18:56

... Brown, Phil Bruce, Mary Ann Callahan, Patrick Cirier, Ed Condon, Danny Corrigan, Peter Cox, John Damgard, Bernie Dan, John Davidson, Mike Dawley, Dr Gary Alan DeWaal, Adrian Farnham, Ann Flodstr¨ m, ... Aktiengesellschaft American Stock Exchange Application Programming Interface Archipelago Alternative Trading Systems Bank for International Settlements Business Model Impact Matrix Bank of New York Board ... Deutsche WertpapierService Bank AG European Association of Central Counterparty Clearing Houses Earnings before interest and tax Eurex Clearing AG European Central Bank European Capital Markets Institute...

Ngày tải lên: 20/06/2014, 18:20

... that margin requirements are covered by available collateral If there is a collateral shortfall, a collateral call is generated If there is collateral excess, a collateral release is generated ... Outlines value-added of clearing for individual market participants, for capital markets as a whole and according to asset classes 2.3 The Value Provision Network Defines the ‘Value Provision ... 2.1.3 20 Clearing Services for Global Markets BASIC CLEARING SERVICES Trade Confirmation Novation Netting Risk Management Transaction / Position Management Collateral Cash Management Management Delivery...

Ngày tải lên: 20/06/2014, 18:20

... financial resources available in a default situation than for internal offsets This means that in case the defaulting clearing member’s account is in pro t at one clearing house (in terms of margin ... efficiency and network strategies The elimination of poor data, manual processes and weak communications that typically cause such failures could obviate the need for an error account and thus ... For the clearing members, both approaches can either function automatically or require the manual selection of positions available for crossmargining Clearing members generally prefer to manage...

Ngày tải lên: 20/06/2014, 18:20

... systems are then largely proprietary and it is very difficult actually to share data among clearing intermediaries – if at all; data sharing almost never occurs in real 56 57 with release management ... enough capital available; r clearing houses can serve as a cheap form of custody; and r clearing houses pay interest on most collateral The collateral-rich clearing members usually have large bond ... examines various aspects of European derivatives clearing costs, presents findings from the empirical study and provides a number of quantitative and qualitative transaction cost analyses 5 Analysing...

Ngày tải lên: 20/06/2014, 18:20

... replacing manual processes with machines, particularly for repetitive and redundant tasks Internal measures are critical for clearers, because such initiatives can potentially reap significant savings ... pursue a centralisation or regionalisation strategy Centralisation entails the concentration of all clearing-related mechanical and functional activities in one location, because ‘[b]anks which process ... interfaces (APIs), standard formatted language, 111 Cf Berliand (2006), p 27 183 Analysing costs of derivatives clearing – transaction cost studies collateral management capabilities, delivery processes,112...

Ngày tải lên: 20/06/2014, 18:20

... on a broader sample of data available for their focus area Book (2001) on the other hand copes with the problems related to the limited availability of data for his research by providing an analysis ... indicators for a quantification of the output (e.g balance sheet variables such as revenue or pro t) is not adequate for this analysis, as these indicators generate a biased picture for a number ... financial intermediaries should engage both in balance and off-balance activities Malkam¨ ki a (1999) and Schmiedel/Malkam¨ ki/Tarkka (2002) estimate translog cost functions for their studies, a...

Ngày tải lên: 20/06/2014, 18:20

... strategies translate into a proportional pro t increase, whereas for globally active clearers with an agency focus, Single CCP and clearing link initiatives can lead to a disproportional decrease ... (regionally-to-globally active clearers with a prop or an agency focus) and CMPG /CMAG (globally active clearers with a prop or an agency focus) r For regionally active clearers with a prop or an agency focus, ... clearing houses (the OCC, the CME and ECAG) and has maintained its status as Europe’s largest exchange-traded derivatives CCP.45 Market participants can apply for admission as either a General...

Ngày tải lên: 20/06/2014, 18:20

... London Clearing House Ltd (LCH) and the Paris-based clearing house Clearnet SA This network initiative provides valuable material for a case study analysis for various reasons The transaction constitutes ... technical, operational and legal adaptations than CCorp Although Phase II has not been implemented to date, both clearing houses had already started to engage in the development of necessary changes ... significant cost advantages;111 on the other hand, most globally active clearers with an agency focus have already established a well-functioning internal workaround to compensate for the fact that...

Ngày tải lên: 20/06/2014, 18:20

... partners usually not have the leeway to benefit from and further leverage their installed base r Single CCP initiatives (as a particular form of M &A initiatives) have the drawback that the majority ... exchange strategy, but has a stand-alone value proposition For LCH.Clearnet, the Code offers an opportunity to balance the wants and needs of its major owners (and users), and reposition and realign ... widespread belief that clearing generally qualifies as a natural monopoly, no evidence of this was found in multinational markets, such as the European clearing industry, in which ‘[n]ew clearing arrangements...

Ngày tải lên: 20/06/2014, 18:20

... European clearing A basic framework was provided that could serve as a preliminary guide for European CCP managers to identify the most appropriate clearing link strategy Additional research is ... intra-day margin calls • Collateral/cash deposited at clearing house for variation margin • Amount of liquidity at customer tied to ensure funding of intra-day margin calls • Collateral/cash ... of activity and average European cleared market share: regionally active (low volume) clearers with a prop or an agency focus, regionally-to-globally active (medium volume) clearers with a prop...

Ngày tải lên: 20/06/2014, 18:20

... effort in mandays No … did you have to adapt your operational/back-office procedures? Yes (no of man-days) (no of man-days) (no of man-days) (no of man-days) (no of man-days) ... 484 Appendix 44 How would you classify your organisational structure (i.e functional organisation or organisation according to business areas/asset classes)? Functional organisation Organisation ... which are accounted for at a later stage of the calculation of total clearing house charges; refer to step 1.3) r Based on the publicly available information on the number of cleared contracts...

Ngày tải lên: 20/06/2014, 18:20

... individual market participants, but for capital markets as a whole ‘Central Counterparties are among the crucial building blocks of any well-organised financial system They facilitate the allocation ... to so as long as it meets the standards set by the SEC In addition, any organisation can apply for approval and registration as a clearing agency’.266 Although clearing under SEC regulation is ... is transferred across a technologically separable interface’.18 Transaction costs arise for ex ante reasons (drafting, negotiating and safeguarding agreements between the parties to a transaction)...

Ngày tải lên: 21/06/2014, 07:20

... financial resources available in a default situation than for internal offsets This means that in case the defaulting clearing member’s account is in pro t at one clearing house (in terms of margin ... efficiency and network strategies The elimination of poor data, manual processes and weak communications that typically cause such failures could obviate the need for an error account and thus ... For the clearing members, both approaches can either function automatically or require the manual selection of positions available for crossmargining Clearing members generally prefer to manage...

Ngày tải lên: 21/06/2014, 07:20

... systems are then largely proprietary and it is very difficult actually to share data among clearing intermediaries – if at all; data sharing almost never occurs in real 56 57 with release management ... enough capital available; r clearing houses can serve as a cheap form of custody; and r clearing houses pay interest on most collateral The collateral-rich clearing members usually have large bond ... examines various aspects of European derivatives clearing costs, presents findings from the empirical study and provides a number of quantitative and qualitative transaction cost analyses 5 Analysing...

Ngày tải lên: 21/06/2014, 07:20

... on a broader sample of data available for their focus area Book (2001) on the other hand copes with the problems related to the limited availability of data for his research by providing an analysis ... indicators for a quantification of the output (e.g balance sheet variables such as revenue or pro t) is not adequate for this analysis, as these indicators generate a biased picture for a number ... financial intermediaries should engage both in balance and off-balance activities Malkam¨ ki a (1999) and Schmiedel/Malkam¨ ki/Tarkka (2002) estimate translog cost functions for their studies, a...

Ngày tải lên: 21/06/2014, 07:20