Finance Sector

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F Sharkey - One of the best experts on this subject based on the ideXlab platform.

  • HASE - Finance Sector: Requirements for High Assurance within Spatial SOA Based Grid Infrastructures
    10th IEEE High Assurance Systems Engineering Symposium (HASE'07), 2007
    Co-Authors: P C Donachy, R H Perrott, T J Harmer, F Sharkey
    Abstract:

    Businesses are increasingly reliant upon their IT infrastructure. A company's IT infrastructure often supports both a means of interacting with customers and of supporting basic day-to-day business operations. Recently, SOA based Grid infrastructure has emerged as a viable commercial alternatives to expensive dedicated high assurance IT systems, especially within the Finance Sector. This paper presents from a commercial perspective a critical assessment of the limitations of today's SOA based approaches to high assurance. A use case from the Finance Sector is presented, which has deep implications in terms of high availability, security and spatial awareness in a SOA environment. Finally the requirements for a high assurance framework to manage the lifecycle of applications and services deployed within such SOA based Grid infrastructures is presented.

  • Finance Sector: Requirements for High Assurance within Spatial SOA Based Grid Infrastructures
    10th IEEE High Assurance Systems Engineering Symposium (HASE'07), 2007
    Co-Authors: P C Donachy, R H Perrott, T J Harmer, F Sharkey
    Abstract:

    Businesses are increasingly reliant upon their IT infrastructure. A company's IT infrastructure often supports both a means of interacting with customers and of supporting basic day-to-day business operations. Recently, SOA based Grid infrastructure has emerged as a viable commercial alternatives to expensive dedicated high assurance IT systems, especially within the Finance Sector. This paper presents from a commercial perspective a critical assessment of the limitations of today's SOA based approaches to high assurance. A use case from the Finance Sector is presented, which has deep implications in terms of high availability, security and spatial awareness in a SOA environment. Finally the requirements for a high assurance framework to manage the lifecycle of applications and services deployed within such SOA based Grid infrastructures is presented.

Willy Vega Ramirez - One of the best experts on this subject based on the ideXlab platform.

  • improving itil compliance using change management practices a Finance Sector case study
    Business Process Management Journal, 2012
    Co-Authors: Peter Yamakawa, Claudio Obregon Noriega, Alfredo Novoa Linares, Willy Vega Ramirez
    Abstract:

    Purpose – Although various practices to facilitate organizational change are proposed in the literature, very little is known about how these practices impact on ITIL adoptions. Therefore, the purpose of this study is to address this gap in the literature by offering insights on how change management practices impact on levels of ITIL compliance.Design/methodology/approach – This exploratory research reports on four case studies of completed implementations of IT service management using the process – based ITILv2 framework. The firms studied are from the Peruvian financial Sector. Data were gained primarily through semi‐structured in‐depth interviews with managers involved in the implementation process. Compliance was measured using the itSMF self assessment questionnaire, which assesses the overall process capability.Findings – This study finds that not all of the case firms took full advantage of change management practices while implementing the ITIL framework. The results show that the firms with a h...

Isabelle Bell - One of the best experts on this subject based on the ideXlab platform.

P C Donachy - One of the best experts on this subject based on the ideXlab platform.

  • HASE - Finance Sector: Requirements for High Assurance within Spatial SOA Based Grid Infrastructures
    10th IEEE High Assurance Systems Engineering Symposium (HASE'07), 2007
    Co-Authors: P C Donachy, R H Perrott, T J Harmer, F Sharkey
    Abstract:

    Businesses are increasingly reliant upon their IT infrastructure. A company's IT infrastructure often supports both a means of interacting with customers and of supporting basic day-to-day business operations. Recently, SOA based Grid infrastructure has emerged as a viable commercial alternatives to expensive dedicated high assurance IT systems, especially within the Finance Sector. This paper presents from a commercial perspective a critical assessment of the limitations of today's SOA based approaches to high assurance. A use case from the Finance Sector is presented, which has deep implications in terms of high availability, security and spatial awareness in a SOA environment. Finally the requirements for a high assurance framework to manage the lifecycle of applications and services deployed within such SOA based Grid infrastructures is presented.

  • Finance Sector: Requirements for High Assurance within Spatial SOA Based Grid Infrastructures
    10th IEEE High Assurance Systems Engineering Symposium (HASE'07), 2007
    Co-Authors: P C Donachy, R H Perrott, T J Harmer, F Sharkey
    Abstract:

    Businesses are increasingly reliant upon their IT infrastructure. A company's IT infrastructure often supports both a means of interacting with customers and of supporting basic day-to-day business operations. Recently, SOA based Grid infrastructure has emerged as a viable commercial alternatives to expensive dedicated high assurance IT systems, especially within the Finance Sector. This paper presents from a commercial perspective a critical assessment of the limitations of today's SOA based approaches to high assurance. A use case from the Finance Sector is presented, which has deep implications in terms of high availability, security and spatial awareness in a SOA environment. Finally the requirements for a high assurance framework to manage the lifecycle of applications and services deployed within such SOA based Grid infrastructures is presented.

Kerrie Sadiq - One of the best experts on this subject based on the ideXlab platform.

  • The case for unitary taxation with formulary apportionment in the Finance Sector and the effect on developing nations
    2015
    Co-Authors: Kerrie Sadiq
    Abstract:

    In 2013 the OECD released its 15 point Action plan to deal with base erosion and profit shifting (BEPS). In that plan it was recognised that BEPS has a significant effect on developing countries. This is because the lack of tax revenue can lead to a critical underfunding of public investment that would help promote economic growth. To this end, the BEPS project is aimed at ensuring an inclusive approach to take into account not only views of the G20 and OECD countries but also the perspective of developing nations. With this focus in mind and in the context of developing nations, the purpose of this article is to consider a possible solution to profit shifting which occurs under the current transfer pricing regime, with that solution being unitary taxation with formulary apportionment. It does so using the Finance Sector as a specific case for application. Multinational financial institutions (MNFIs) play a significant role in financing activities of their clients in developing nations. Consistent with the ‘follow-the-client’ phenomenon which explains financial institution expansion, these entities are increasingly profiting from activities associated with this growing market. Further, not only are MNFIs persistent users of tax havens but also, more than other industries, have opportunities to reduce tax through transfer pricing measures. This article establishes a case for an industry specific adoption of unitary taxation with formulary apportionment as a viable alternative to the current regime. It argues that such a model would benefit not only developed nations but also developing nations which are currently suffering the effects of BEPS. In doing so, it considers the practicalities of such an implementation by examining both definitional issues and a possible formula for MNFIs. This article argues that, while there would be implementation difficulties to overcome, the current domestic models of formulary apportionment provide important guidance as to how the unitary business and business activities of MNFIs should be defined as well as factors that should be included in an allocation formula, along with the appropriate weighting. While it would be difficult for developing nations to adopt such a regime, it is argued that it would be no more difficult than addressing issues they face with the current transfer pricing regime. As such, this article concludes that unitary taxation with formulary apportionment is a viable industry specific alternative for MNFIs which would assist developing nations and aid independent fiscal soundness.

  • Unitary Taxation of the Finance Sector
    SSRN Electronic Journal, 2014
    Co-Authors: Kerrie Sadiq
    Abstract:

    international tax; unitary taxation; formulary apportionment; multinational banks; developing nations.