Straight Through Processing for Financial Services Book
Score: 3.5
From 2 Ratings

Straight Through Processing for Financial Services

  • Author : Ayesha Khanna
  • Publisher : Academic Press
  • Release Date : 2010-08-03
  • Genre: Business & Economics
  • Pages : 264
  • ISBN 10 : 9780080554846

Straight Through Processing for Financial Services Book Description :

As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way for firms to remain competitive. According to the Securities Industry Association, the US securities industry will spend $8 billion to implement STP initiatives, and 99% percent of this investment will be made in systems internal to the firm. Straight-Through Processing for Financial Services: The Complete Guide provides the knowledge and tools required by operations managers and systems architects to develop and implement STP processing systems that streamline business processes to maintain competitiveness in the market. * Learn the tools and techniques for developing software systems and for streamlining business processes * Keep up to date and well informed in this highly regulated and ever changing market * Gain the knowledge and experience for a leading consultant in the field

Handbook of Technology in Financial Services Book

Handbook of Technology in Financial Services

  • Author : Jessica Keyes
  • Publisher : CRC Press
  • Release Date : 1998-12-18
  • Genre: Computers
  • Pages : 752
  • ISBN 10 : 0849399815

Handbook of Technology in Financial Services Book Description :

The calculus of IT support for the banking, securities and insurance industries has changed dramatically and rapidly over the past few years. Unheard of just a few years ago, corporate intranets are now used for everything from job postings to enhanced team communications. Whole new departments are being created to support e-commerce. And the Internet/Intranet/Extranet triple-whammy is the most critical component of most financial IT shops. At the same time, new intelligent agents stand ready to take on such diverse functions as customer profiling and data mining. Get a handle on all these new and newer ripples with Handbook of Technology in Financial Services. Here, in this exhaustive new guide and reference book, industry guru Jessica Keyes gives you the no-nonsense scoop on not just the tried and true IT tools of today, but also the up-and-coming "hot" technologies of tomorrow, and how to plan for them. Keyes gives you extensive, example-driven explanations of such topics as: digital check imaging and Internet-based billing e-commerce and Internet banking portfolio management systems for the 21st century GIS technology in financial services and much more. Focusing on problems from both a technology perspective and a business perspective, the Handbook also addresses challenges and solutions associated with: supporting the self-service revolution by servicing kiosks and ATMs efficiently and economically straight-through processing for the securities industry outsourcing business communications in the insurance industry distributed integration as a cost-effective alternative to data warehousing and putting inbound fax automation to work in financial organizations. Packed with real-world case-studies and practical solutions to problems confronting financial services IT managers every day of the week, Handbook of Technology in Financial Services covers everything from system security to IT support for the Web marketing of financial services. In short, it is a compendi

Financial Services Information Systems Book

Financial Services Information Systems

  • Author : Jessica Keyes
  • Publisher : CRC Press
  • Release Date : 2000-03-24
  • Genre: Business & Economics
  • Pages : 952
  • ISBN 10 : 0203997611

Financial Services Information Systems Book Description :

The calculus of IT support for the banking, securities, and insurance industries has changed dramatically and rapidly over the past few years. Consolidation and deregulation are creating opportunities and challenges never before seen. Unheard of just a few years ago, e-commerce has given birth to new infrastructures and departments needed to suppor

Securities Operations Book
Score: 4
From 1 Ratings

Securities Operations

  • Author : Michael Simmons
  • Publisher : John Wiley & Sons
  • Release Date : 2003-07-07
  • Genre: Business & Economics
  • Pages : 486
  • ISBN 10 : 9780470857151

Securities Operations Book Description :

The only comprehensive account of operational risk in securities settlements Securities Operations focuses on the settlement aspects of a securities transaction. As financial analysts make a greater effort toward quantifying and managing operational risk, they are paying more attention to securities transactions in general and to the settlement phase in particular. While describing the practical issues, this book enumerates the different "back office" related risks potentially encountered throughout the settlement. Simmons also covers more advanced topics such as derivatives, trade compensation, internal allocation of funding costs, and operational performance measurement. Michael Simmons (London, UK) is currently Head of Business Consultancy at Wilco International, a major software systems provider to the financial markets. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Back Office and Beyond Book
Score: 4
From 1 Ratings

Back Office and Beyond

  • Author : Mervyn J. King
  • Publisher : Harriman House Limited
  • Release Date : 2003
  • Genre: Business & Economics
  • Pages : 274
  • ISBN 10 : 189759724X

Back Office and Beyond Book Description :

The 1st edition of Back Office and Beyond became the benchmark source and reference for 'best practice' in back office procedures. Better attention to back office procedures would have prevented disasters at Barings, Sumitomo, and other causes celebres - not to mention the latest debacle at Allfirst in the USA.This ground breaking book is an essential read for anyone wanting his/her organisation to thrive and survive, containing particularly practical guidance and advice and now extends its cover to the implications of CAD II. There is a compelling requirement for aspects of risk to be situated in the Back/Middle Office areas. Indeed, they should be involved at first base: for if data is not captured accurately, there is little chance of the institution's risk profile being accurate. With so many banks offering similar products and pricing, accurate and speedy settlements have become a competition issue not to be ignored. As an additional reason for purchase, this edition now offers a guide to Equities' settlement also.

Managing Financial Information in the Trade Lifecycle Book

Managing Financial Information in the Trade Lifecycle

  • Author : Martijn Groot
  • Publisher : Elsevier
  • Release Date : 2010-07-28
  • Genre: Business & Economics
  • Pages : 288
  • ISBN 10 : 008055993X

Managing Financial Information in the Trade Lifecycle Book Description :

Information is the oxygen supply of the financial markets. Financial information, or data, is so important that companies such as Barclays and Citigroup now have executive positions of Chief Data Officer or Head of Data Acquisition. This book, by a long-time industry insider at one of the leading data management vendors, discusses the present and future of financial data management by focusing on the lifecycle of the financial instruments (stocks, bonds, options, derivatives) that generate and require data to keep the markets moving. This book is a concise reference manual of the financial information supply chain and how to maximize effectiveness and minimize cost. *First book fully dedicated to financial information supply chain and how to manage it effectively *Addresses hot topics that readers need to know: regulatory reporting regulations, data pooling, hubs, and data exchanges *Draws from actual lessons learned and presents many real-life scenarios of the business

Transaction Processing  Past  Present  and Future Book

Transaction Processing Past Present and Future

  • Author : Alex Louwe Kooijmans
  • Publisher : IBM Redbooks
  • Release Date : 2012-09-29
  • Genre: Computers
  • Pages : 66
  • ISBN 10 : 9780738450780

Transaction Processing Past Present and Future Book Description :

The role of IT is becoming more prominent in people's daily lives and we are becoming increasingly dependent on computers. More and more business transactions are being automated, for example, ordering a book at an online bookstore or transferring money to a bank account in another part of the world. No matter the type of transaction, we want it to be accurate and we want to have no doubts about its outcome. Transactions are also becoming more complex, driven by new ways of conducting business and new technologies. Smartphones now allow us to conduct transactions anywhere and at anytime. Technology paradigms, such as Web 2.0 and business event processing, enable businesses to increase the dynamics of a transaction through instrumentation that captures events, analyzes the associated data, and proactively interacts with the client in order to improve the customer experience. To adapt to the increasing volume and complexity of transactions requires an ongoing assessment of the current way of supporting transactions with IT. No matter what your business is, you need to ensure that your transactions are properly completed with integrity. Wrong or incomplete results can adversely affect client loyalty, affect company profits, and lead to claims, lawsuits, or fines. Companies need to be able to rely on computer systems that are 100% reliable and guarantee transaction integrity at all times. The IBM® mainframe is such a platform. Clients that have been using an IBM mainframe are conscious of its added value. For this IBM RedguideTM publication, we surveyed a number of companies that use the IBM mainframe and we asked them to tell us its most distinguishing qualities. They answered unanimously "reliability, availability, and scalability." They also do not see an alternative for running their mission-critical business workloads other than the IBM mainframe. When we surveyed our clients, we also asked them about the future. Clearly, major future trends demand significantly s

Business Knowledge for IT in Investment Banking Book
Score: 3.5
From 4 Ratings

Business Knowledge for IT in Investment Banking

  • Author : Essvale Corporation Limited
  • Publisher : Essvale Corporation Limited
  • Release Date : 2006
  • Genre: Business & Economics
  • Pages : 140
  • ISBN 10 : 9780955412400

Business Knowledge for IT in Investment Banking Book Description :

Gives the IT professional an insight into the business world of investment banking. This book contains 12 chapters that cover: a description of business divisions for and boutique investment banks; trends in investment banking; overview of the asset classes; the trading life cycle and how it maps to the software development life cycle; and more.

Life Cycle of a Security Book

Life Cycle of a Security

  • Author : Virginia B. Morris
  • Publisher : Lightbulb Press, Inc.
  • Release Date : 2010-11-01
  • Genre: Investment banking
  • Pages : 36
  • ISBN 10 : 9780982907528

Life Cycle of a Security Book Description :

Electronic Finance Book
Score: 4
From 1 Ratings

Electronic Finance

  • Author : Stijn Claessens
  • Publisher : World Bank Publications
  • Release Date : 2002-01-01
  • Genre: Business & Economics
  • Pages : 97
  • ISBN 10 : 0821351044

Electronic Finance Book Description :

Technological developments in electronic finance have changed the nature and delivery of financial services in recent years, especially through the use of online banking, online trading and brokerage services. This report reviews the developments in e-finance and analyses the implications for consumers, financial service providers and governments. Issues discussed include: the impact on competition within the financial services industry; how financial sector policies in emerging markets are affected; public policy and regulatory requirements.

Introduction to Financial Technology Book
Score: 5
From 1 Ratings

Introduction to Financial Technology

  • Author : Roy S. Freedman
  • Publisher : Elsevier
  • Release Date : 2006-04-24
  • Genre: Computers
  • Pages : 368
  • ISBN 10 : 0080461840

Introduction to Financial Technology Book Description :

The financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive overview of this dynamic area. He covers the broad range of topics involved in this industry--including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management—in order to present an in-depth treatment of the current state-of-the-art in financial technology. Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies. With amazing clarity, Freedman explains both the technology side and the finance side of financial technology Accessible to both finance professionals needing to upgrade their technology knowledge and technology specialists needing to upgrade their finance knowledge

Disrupting Finance Book

Disrupting Finance

  • Author : Theo Lynn
  • Publisher : Springer
  • Release Date : 2018-01-01
  • Genre: Bank marketing
  • Pages : 175
  • ISBN 10 : 9783030023300

Disrupting Finance Book Description :

This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry.

A Transformation Approach to Smarter Core Banking Book

A Transformation Approach to Smarter Core Banking

  • Author : Alex Louwe Kooijmans
  • Publisher : IBM Redbooks
  • Release Date : 2012-09-23
  • Genre: Computers
  • Pages : 70
  • ISBN 10 : 9780738450537

A Transformation Approach to Smarter Core Banking Book Description :

The extensive experience brought by IBM to core banking transformation indicates that the most successful transformation approach is a progressive one in which modernization is a process that incorporates flexibility and business acumen, and can adapt as requirements change. Creating a componentized architecture that separates key constructs and their assets from the core transaction engine is a critical factor in achieving a successful transformation. Such a scenario makes the architecture the central concern and allows a bank to benefit from the necessary flexibility and efficiency. After the core architecture is established, the bank can address each requirement and modification on a case-by-case basis by choosing from custom and packaged options. Further, the core transformation method outlined in this IBM® RedguideTM publication allows a bank to make deployment decisions based purely on business benefits by using a progressive program that delivers value at each step of the process, and every step can be tailored to keep pace as needs and requirements change. Finally, this method ensures that the overall transformation process remains in line with evolving business objectives.

Electronic and Algorithmic Trading Technology Book
Score: 2.5
From 2 Ratings

Electronic and Algorithmic Trading Technology

  • Author : Kendall Kim
  • Publisher : Academic Press
  • Release Date : 2010-07-27
  • Genre: Business & Economics
  • Pages : 224
  • ISBN 10 : 0080548865

Electronic and Algorithmic Trading Technology Book Description :

Electronic and algorithmic trading has become part of a mainstream response to buy-side traders’ need to move large blocks of shares with minimum market impact in today’s complex institutional trading environment. This book illustrates an overview of key providers in the marketplace. With electronic trading platforms becoming increasingly sophisticated, more cost effective measures handling larger order flow is becoming a reality. The higher reliance on electronic trading has had profound implications for vendors and users of information and trading products. Broker dealers providing solutions through their products are facing changes in their business models such as: relationships with sellside customers, relationships with buyside customers, the importance of broker neutrality, the role of direct market access, and the relationship with prime brokers. Electronic and Algorithmic Trading Technology: The Complete Guide is the ultimate guide to managers, institutional investors, broker dealers, and software vendors to better understand innovative technologies that can cut transaction costs, eliminate human error, boost trading efficiency and supplement productivity. As economic and regulatory pressures are driving financial institutions to seek efficiency gains by improving the quality of software systems, firms are devoting increasing amounts of financial and human capital to maintaining their competitive edge. This book is written to aid the management and development of IT systems for financial institutions. Although the book focuses on the securities industry, its solution framework can be applied to satisfy complex automation requirements within very different sectors of financial services – from payments and cash management, to insurance and securities. Electronic and Algorithmic Trading: The Complete Guide is geared toward all levels of technology, investment management and the financial service professionals responsible for developing and implementing cu

Practical  NET for Financial Markets Book

Practical NET for Financial Markets

  • Author : Vivek Shetty
  • Publisher : Apress
  • Release Date : 2006-11-17
  • Genre: Computers
  • Pages : 514
  • ISBN 10 : 1430201479

Practical NET for Financial Markets Book Description :

* Hardcore .NET solutions for advanced, distributed financial applications. * Fascinating insight into operation of Equity markets and the challenges this poses for technology solutions – you do not have to be an equity market insider to use this book. * Examines next generation trading challenges, and potential solutions using .NET 2.0 and emerging technology, such as Avalon, Indigo and Longhorn.

The Society for Worldwide Interbank Financial Telecommunication  SWIFT  Book
Score: 5
From 1 Ratings

The Society for Worldwide Interbank Financial Telecommunication SWIFT

  • Author : Susan V. Scott
  • Publisher : Routledge
  • Release Date : 2013-10-30
  • Genre: Political Science
  • Pages : 174
  • ISBN 10 : 9781317909538

The Society for Worldwide Interbank Financial Telecommunication SWIFT Book Description :

A PDF version of this book is available for free in open access via as well as the OAPEN Library platform, It has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license and is part of the OAPEN-UK research project. This book traces the history and development of a mutual organization in the financial sector called SWIFT, the Society for Worldwide Interbank Financial Telecommunication. Over the last forty years, SWIFT has served the financial services sector as proprietary communications platform, provider of products and services, standards developer, and conference organizer ("Sibos"). Founded to create efficiencies by replacing telegram and telex (or ‘wires’) for international payments, SWIFT now forms a core part of the financial services infrastructure. It is widely regarded as the most secure trusted third party network in the world serving 212 countries and over 10,000 banking organizations, securities institutions and corporate customers. Through every phase of its development, SWIFT has maintained the status of industry cooperative thus presenting an opportunity to study broader themes of globalization and governance in the financial services sector. In this book the authors focus on how the design and current state of SWIFT was influenced by its historical origins, presenting a comprehensive account in a succinct form which provides an informative guide to the history, structure, activities and future challenges of this key international organization. This work will be of great interest to students and scholars in a wide range of fields including IPE, comparative political economy, international economics, business studies and business history.

Designing a Document Strategy Book

Designing a Document Strategy

  • Author : Kevin Craine
  • Publisher : MC2 Books
  • Release Date : 2000-01-01
  • Genre: Business & Economics
  • Pages : 166
  • ISBN 10 : 1893347001

Designing a Document Strategy Book Description :

Finding ways to reduce costs is difficult but the latest books from MC2 Books, Designing a Document Strategy by Kevin Craine has the cure. This book tells managers how to better manage the process that consumes paper, toner, and manpower in every business environment. In support of the book, Craine has unveiled a support website,, offering a preview of the coverage. While there are many books on business strategy and workflow, few tackle the lifeblood of business, the document. Designing a Document Strategy targets managers, technicians and consultants who see the benefit and cost savings inherent in implementing a document strategy. The clearly defined five-phase process can be tailored to any environment. It includes Cause-effect diagrams, flow charts, and ROI formulas that can be copied and put into use. Case examples demonstrate application of the theories in the real world, leading to meaningful and informed action. Regardless of their final recommendations, readers will be more likely to bring about real-world, bottom-line benefits. There is no better educational resource on designing a document strategy than this book. Book reviewers in the document industry give it rave reviews.

The Future of FinTech Book
Score: 5
From 1 Ratings

The Future of FinTech

  • Author : Bernardo Nicoletti
  • Publisher : Springer
  • Release Date : 2017-03-02
  • Genre: Business & Economics
  • Pages : 328
  • ISBN 10 : 9783319514154

The Future of FinTech Book Description :

This book provides an introduction to the state of the art in financial technology (FinTech) and the current applications of FinTech in digital banking. It is a comprehensive guide to the various technologies, products, processes, and business models integral to the FinTech environment. Covering key definitions and characteristics, models and best practice, as well as presenting relevant case studies related to FinTech and e-Business, this book helps build a theoretical framework for future discussion.

The Future of Finance Book

The Future of Finance

  • Author : Henri Arslanian
  • Publisher : Springer
  • Release Date : 2019-07-15
  • Genre: Business & Economics
  • Pages : 312
  • ISBN 10 : 9783030145330

The Future of Finance Book Description :

This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.