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• Update: GTAS and EBS

  - by jeffrey.waterman

  Provided below are updated target date timeframes for provided patches for upcoming legislative enhancements.   Dates have been pushed out from previous dates provided due to changes in Treasury mandatory dates.  Mandatory dates for GTAS and IPAC have changes since previous target dates for patches were provided.   These are target dates, not commitments to deliver functionality. Deliverable Target Timeframes for Customer Patches Comments R12 GTAS Configuration Apr 2012 Patch is available GTAS Key Processes Oct/Nov 2012 Includes GTAS processes necessary to create the GTAS interface file, migration of FACTS balances to GTAS, GTAS Trial Balance, and GTAS Transaction Register. GTAS Reports Nov/Dec 2012 GTAS Trial Balance GTAS Transaction Register Capture of Trading Partner TAS/BETC Apr/May 2013 Includes modification necessary to capture BETC, Trading Partner TAS/BETC on relevant transactions. GTAS Other Processes May/Jun  2013 Includes GTAS Customer and Vendor  update processes. IPAC Aug/Sep Includes modification required to IPAC to accommodate Componentized TAS and BETC. 11i GTAS Configuration May 2012 Patch is available GTAS Key Processes Nov/Dec 2012 Includes GTAS processes necessary to create the GTAS interface file, migration of FACTS balances to GTAS, GTAS Trial Balance, and GTAS Transaction Register. GTAS Reports Dec/Jan 2012 GTAS Trial Balance GTAS Transaction Register Capture of Trading Partner TAS/BETC May/Jun 2013 Includes modification necessary to capture BETC, Trading Partner TAS/BETC on relevant transactions. GTAS Other Processes Jun/Jul 2013 Includes GTAS Customer and Vendor  update processes. IPAC Sep/Oct 2013 Includes modification required to IPAC to accommodate Componentized TAS and BETC.

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• A Knights Tale

  - by Phil Factor

  There are so many lessons to be learned from the story of Knight Capital losing nearly half a billion dollars as a result of a deployment gone wrong. The Knight Capital Group (KCG N) was an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading. According to the recent order (File No.3.15570) against Knight Capital by U.S. Securities and Exchange Commission?, Knight had, for many years used some software which broke up incoming “parent” orders into smaller “child” orders that were then transmitted to various exchanges or trading venues for execution. A tracking ‘cumulative quantity’ function counted the number of ‘child’ orders and stopped the process once the total of child orders matched the ‘parent’ and so the parent order had been completed. Back in the mists of time, some code had been added to it  which was excuted if a particular flag was set. It was called ‘power peg’ and seems to have had a similar design and purpose, but, one guesses, would have shared the same tracking function. This code had been abandoned in 2003, but never deleted. In 2005, The tracking function was moved to an earlier point in the main process. It would seem from the account that, from that point, had that flag ever been set, the old ‘Power Peg’ would have been executed like Godzilla bursting from the ice, making child orders without limit without any tracking function. It wasn’t, presumably because the software that set the flag was removed. In 2012, nearly a decade after ‘Power Peg’ was abandoned, Knight prepared a new module to their software to cope with the imminent Retail Liquidity Program (RLP) for the New York Stock Exchange. By this time, the flag had remained unused and someone made the fateful decision to reuse it, and replace the old ‘power peg’ code with this new RLP code. Had the two actions been done together in a single automated deployment, and the new deployment tested, all would have been well. It wasn’t. To quote… “Beginning on July 27, 2012, Knight deployed the new RLP code in SMARS in stages by placing it on a limited number of servers in SMARS on successive days. During the deployment of the new code, however, one of Knight’s technicians did not copy the new code to one of the eight SMARS computer servers. Knight did not have a second technician review this deployment and no one at Knight realized that the Power Peg code had not been removed from the eighth server, nor the new RLP code added. Knight had no written procedures that required such a review.” (para 15) “On August 1, Knight received orders from broker-dealers whose customers were eligible to participate in the RLP. The seven servers that received the new code processed these orders correctly. However, orders sent with the repurposed flag to the eighth server triggered the defective Power Peg code still present on that server. As a result, this server began sending child orders to certain trading centers for execution. Because the cumulative quantity function had been moved, this server continuously sent child orders, in rapid sequence, for each incoming parent order without regard to the number of share executions Knight had already received from trading centers. Although one part of Knight’s order handling system recognized that the parent orders had been filled, this information was not communicated to SMARS.” (para 16) SMARS routed millions of orders into the market over a 45-minute period, and obtained over 4 million executions in 154 stocks for more than 397 million shares. By the time that Knight stopped sending the orders, Knight had assumed a net long position in 80 stocks of approximately $3.5 billion and a net short position in 74 stocks of approximately $3.15 billion. Knight’s shares dropped more than 20% after traders saw extreme volume spikes in a number of stocks, including preferred shares of Wells Fargo (JWF) and semiconductor company Spansion (CODE). Both stocks, which see roughly 100,000 trade per day, had changed hands more than 4 million times by late morning. Ultimately, Knight lost over $460 million from this wild 45 minutes of trading. Obviously, I’m interested in all this because, at one time, I used to write trading systems for the City of London. Obviously, the US SEC is in a far better position than any of us to work out the failings of Knight’s IT department, and the report makes for painful reading. I can’t help observing, though, that even with the breathtaking mistakes all along the way, that a robust automated deployment process that was ‘all-or-nothing’, and tested from soup to nuts would have prevented the disaster. The report reads like a Greek Tragedy. All the way along one wants to shout ‘No! not that way!’ and ‘Aargh! Don’t do it!’. As the tragedy unfolds, the audience weeps for the players, trapped by a cruel fate. All application development and deployment requires defense in depth. All IT goes wrong occasionally, but if there is a culture of defensive programming throughout, the consequences are usually containable. For financial systems, these defenses are required by statute, and ignored only by the foolish. Knight’s mistakes weren’t made by just one hapless sysadmin, but were progressive errors by an  IT culture spanning at least ten years.  One can spell these out, but I think they’re obvious. One can only hope that the industry studies what happened in detail, learns from the mistakes, and draws the right conclusions.

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• AS11 Oracle B2B Sync Support - Series 1

  - by sinkarbabu.kirubanithi

  Synchronous message support has been enabled in Oracle B2B 11G. This would help customers to send the business message and receive the corresponding business response synchronously. We would like to keep this blog entry as three part series, first one would carry Oracle B2B configuration related details followed by 'how it can be consumed and utilized in an enterprise' using composites backed model. And, the last one would talk about more sophisticated seeded support built on Oracle B2B platform (Note: the last one is still in description phase and ETA hasn't been finalized yet). Details: In an effort to enable synchronous processing in Oracle B2B, we provided a platform using the existing 'callout' mechanism. In this case, we expect the 'callout' attached to the agreement to deliver incoming business message (inbound) to back-end application and get the corresponding business response from back-end and deliver it to Oracle B2B as its output. The output of 'callout' would be processed as outbound message and the same will be attached as a response for the inbound message. Requirements to enable Sync Support: Outbound side: Outbound Agreement - to send business message request Inbound Agreement - to receive business message response Inbound side: Inbound Agreement - to receive business message request Outbound Agreement - to send business message response Agreement Level Callout - to deliver the inbound request to back-end and get the corresponding business response This feature is supported only for HTTP based transport to exchange messages with Trading Partners. One may initiate the outbound message (enqueue) using any of the available Transports in Oracle B2B. Configuration: Outbound side: Please add "syncresponse=true" as "Additional Transport Header" parameter for remote Trading Partner's HTTP delivery channel configuration. This would enable Oracle B2B to process the HTTP response as inbound message and deliver the same to back-end application. All other configuration related to Agreement and Document setup remain same. Inbound side: There is no change in Agreement and Document setup. To enable "Sync Support", you need to build a 'callout' that takes the responsibility of delivering inbound message to back-end and get the corresponding business response from the back-end and attach the same as its output. Oracle B2B treats the output of 'callout' as outbound message and deliver it to Trading Partner as synchronous HTTP response. The requests that needs to processed synchronously should be received by "syncreceiver" (http://:/b2b/syncreceiver) endpoint in Oracle B2B. Exception Handling: Existing Oracle B2B exception handling applies to this use case as well. Here's the sample callout, SampleSyncCallout.java We will get you second part that talks about 'SOA composites' backed model to design the "Sync Support" use case from back-end to Trading Partners, stay tuned.

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• Setting up gcov in Xcode 3.1

  - by Algorithmic

  I'm trying to setup my Xcode project to be instrumented with gcov so I can determine the code coverage of my unit tests. All of the documentation I find online talks about settings that I don't find in Xcode 3.1, though. An example: To work with Coverstory, first you need to set up your target to work with gcov. This requires turning on "Instrument Program Flow", "Generate Test Coverage Files" and linking with the gcov library. (Using Coverstory) The closest thing I can find to "Instrument Program Flow" and "Generate Test Coverage Files" in my build settings is "Generate Profiling Code", which doesn't appear to do what I want it to do. Am I looking in the wrong place for these settings or are all of the examples I'm finding online stale?

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• How important is Domain knowledge vs. Technical knowledge?

  - by Mayank

  I am working on a Trading and Risk Management application and although from a C# background, I have been asked to work on SSIS packages. Now I can live with that. The pain point is that there is too much emphasis on business understanding. Trading (Energy Trading to be exact) is a HUGE area and understanding every little bit of it is overwhelming. But for the past two months I have been working on understanding the business terms - Mark To Market, Risk Metrics, Positions, PnL, Greeks, Instruments, Book Structure... every little detail (you get the point). Now IMHO, this is the job of a BA. Sure it is very important for developers to understand the business but where do you draw the line? When I talked to my manager about this, he almost mocked me by saying that anybody can learn a technology in a week. It's the business that's harder. My long term aspiration is to remain on the technical side, probably become an architect (if possible). If I wanted to focus so much on business I would have pursued an MBA! I want to know if I am wrong or too naive in understanding the business importance or is my frustration justified?

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• I need help with algorithms, how do I improve?

  - by David Burr

  I usually do well at figuring out solutions to programming assignments but for some reason, I'm really struggling in my Algorithms class. I'm not failing but I know I can do better. When I'm confronted with problems like "Divide the array to 2 subarrays so that the sum of each subarray is equal to the other subarray," I feel like my brain won't cooperate and think and I end up not being able to solve it. Some of the things I'm doing right now to help myself: reading CLR (1st ed.) -- it takes a lot of time for stuff to sink in and I can't understand most of it solving some problems -- no matter how much I try, most of the time, I end up googling for the solution before I understand how to solve it I know that good algorithmic skills are very important because lots of good companies ask these sorts of questions in their interview process so I'm a bit worried right now. What else can can I do to improve my algorithmic/problem solving skills? Any advice on how to deal with this?

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• Customisation / overriding of the Envelop ecs files

  - by Dheeraj Kumar M

  There are few usecases where the requirement is to customise the envelop information (Interchange/Group ecs file). Such scenarios might be required to be used for only few of the customers. Hence, in addition to the default seeded envelop definitions, it also required to upload the customised definitions. Here is the steps for achieving the same. 1. Create only the Interchange ecs and save 2. Create only the group ecs and save 3. Use the same in B2B 1. Create only the Interchange ecs and save :       Open the document editor and select the required version and doctype. During creating new ecs, ensure to select the checkbox for insert envelop.       Once created, delete the group and transactionset nodes and retain only the Interchange ecs nodes, including both header and trailer. Save this file. 2. Create only the group ecs and save       After creating the ecs file as mentioned in steps of Interchange creation, delete the Interchange and transactionset nodes and retain only the group ecs nodes, including both header and trailer. Save this file. 3. Use the same in B2B       These newly created ecs can be used in B2B by 2 ways.              a. By overriding at the trading partner Level:              This will be very useful when the configuration is complete and then need to incorporate the customisation. In this case, just select the Trading partner - document - select the document which need to be customised.              Upload the newly created Interchange and group ECS files under the Interchange and group tabs respectively and re-deply the associated agreement.              The advantage of this approach is              - Flexibility to add customised envelop definitions to the partners              - Save the re-work of design time effort.              b. By adding another document definition in Administration - document screen:              This scenario can be used if there is no configuration done at the trading partner level. Create the required document revision and overtide the Interchange and group ECS files under the Interchange and group tabs respectively. Add the document in Trading partner - document. Create and deploy the agreements

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• Latency Matters

  - by Frederic P

  A lot of interest in low latencies has been expressed within the financial services segment, most especially in the stock trading applications where every millisecond directly influences the profitability of the trader. These days, much of the trading is executed by software applications which are trained to respond to each other almost instantaneously. In fact, you could say that we are in an arms race where traders are using any and all options to cut down on the delay in executing transactions, even by moving physically closer to the trading venue. The Solaris OS network stack has traditionally been engineered for high throughput, at the expense of higher latencies. Knowledge of tuning parameters to redress the imbalance is critical for applications that are latency sensitive. We are presenting in this blog how to configure further a default Oracle Solaris 10 installation to reduce network latency. There are many parameters in fact that can be altered, but the most effective ones are intr_blank_time and intr_blank_packets. These parameters affect on-board network throughput and latency on Solaris systems. If interrupt blanking is disabled, packets are processed by the driver as soon as they arrive, resulting in higher network throughput and lower latency, but with higher CPU utilization. With interrupt blanking disabled, processor utilization can be as high as 80–90% in some high-load web server environments. If interrupt blanking is enabled, packets are processed when the interrupt is issued. Enabling interrupt blanking can result in reduced processor utilization and network throughput, but higher network latency. Both parameters should be set at the same time. You can set these parameters by using the ndd command as follows: # ndd -set /dev/eri intr_blank_time 0 # ndd -set /dev/eri intr_blank_packets 0 You can add them to the /etc/system file as follows: set eri:intr_blank_time 0 set eri:intr_blank_packets 0 The value of the interrupt blanking parameter is a trade-off between network throughput and processor utilization. If higher processor utilization is acceptable for achieving higher network throughput, then disable interrupt blanking. If lower processor utilization is preferred and higher network latency is the penalty, then enable interrupt blanking. Our experience at ISV Engineering is that under controlled experiments the above settings result in reduction of network latency by at least 50%; on a two-socket 3GHz Sun Fire X4170 M2 running Solaris 10 Update 9, the above settings improved ping-pong latency from 60µs to 25-30µs with the on-board NIC.

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• inforsacom ist Oracle EMEA Database Partner of the Year – wir gratulieren!

  - by A&C Redaktion

  Der Jubel war groß auf der Oracle Open World 2012 in San Francisco: inforsacom ist EMEA Specialized Database Partner of the Year! Bei der Verleihung betonte David Callaghan, Senior Vice President EMEA A&C, die Auszeichnung gehe an die spezialisierten Partner, „die höchste Level an Innovation und Leistungsfähigkeit in ihren Spezialgebieten erzielt haben.“ Die inforsacom Informationssysteme GmbH mit Sitz in Deutschland entwickelt und liefert seit 1997 integrierte IT-Lösungen im Data-Center. Die Auszeichnung des Platinum Partners ist die Krönung einer langjährigen erfolgreichen Zusammenarbeit mit Oracle. Kunden schätzen das Unternehmen als Experten für Infrastruktur-Lösungen und -Services im Bereich Rechenzentren. Neben dem Fokus auf Oracle Datenbank-Technologien ist inforsacom auch auf das Hardware- und Engineered Systems Portofolio spezialisiert. inforsacom hat als „trusted advisor“ immer den größtmöglichen Kundennutzen im Blick – das zahlt sich aus. Herzlichen Glückwunsch! Hier ist die Pressemeldung zur Award-Verleihung und das sind die Gewinner in den sechs weiteren Kategorien: Middleware: egabi Solutions (Ägypten) Applications: Accenture (Niederlande) Industry: Mannai Trading Corporation (Katar) Oracle Accelerate for Midsize Companies: Inoapps Ltd (United Kingdom) Oracle on Oracle: Capgemini Espania, S.L. (Spanien) Server and Storage Systems: Mannai Trading Corporation (Katar)

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• inforsacom ist Oracle EMEA Database Partner of the Year – wir gratulieren!

  - by A&C Redaktion

  Der Jubel war groß auf der Oracle Open World 2012 in San Francisco: inforsacom ist EMEA Specialized Database Partner of the Year! Bei der Verleihung betonte David Callaghan, Senior Vice President EMEA A&C, die Auszeichnung gehe an die spezialisierten Partner, „die höchste Level an Innovation und Leistungsfähigkeit in ihren Spezialgebieten erzielt haben.“ Die inforsacom Informationssysteme GmbH mit Sitz in Deutschland entwickelt und liefert seit 1997 integrierte IT-Lösungen im Data-Center. Die Auszeichnung des Platinum Partners ist die Krönung einer langjährigen erfolgreichen Zusammenarbeit mit Oracle. Kunden schätzen das Unternehmen als Experten für Infrastruktur-Lösungen und -Services im Bereich Rechenzentren. Neben dem Fokus auf Oracle Datenbank-Technologien ist inforsacom auch auf das Hardware- und Engineered Systems Portofolio spezialisiert. inforsacom hat als „trusted advisor“ immer den größtmöglichen Kundennutzen im Blick – das zahlt sich aus. Herzlichen Glückwunsch! Hier ist die Pressemeldung zur Award-Verleihung und das sind die Gewinner in den sechs weiteren Kategorien: Middleware: egabi Solutions (Ägypten) Applications: Accenture (Niederlande) Industry: Mannai Trading Corporation (Katar) Oracle Accelerate for Midsize Companies: Inoapps Ltd (United Kingdom) Oracle on Oracle: Capgemini Espania, S.L. (Spanien) Server and Storage Systems: Mannai Trading Corporation (Katar)

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• How to react when asked a question you already know during an interview

  - by DevNull

  The short story:- If you are asked a tough algorithmic/puzzle question during an interview, whose solution is already known to you, do you:- Honestly tell the interviewer that you know this question already? -- this could result in bursting the interviewer's ego and him increasing the complexity level of the subsequent questions. Do an Oscar deserving performance and act as if you are thinking and trying hard and slowly getting to the solution? -- depending on your acting skills, could majorly impress the interviewer making the rest of the interview easier. Long story:- OK, this question comes as a result of what happened to me in a recent telephonic interview that I gave - the interview was supposed to be all algorithmic. The interviewer started with an algorithmic question which I had luckily already seen here on Stackoverflow. The best solution to that problem is not very intuitive and is more of a you-get-it-if-you-know-it kind. Now, just to not disappoint the interviewer too much, I took a few seconds as if I was pondering on the problem and then blurted out the answer which I knew too well having read and admired it on SO already. But I guess that gave it away to the interviewer that I already knew this question and since then, he started asking me for more efficient solutions and I kept coming up with approaches (even if not correct or more efficient, but I did touch a lot of different data structures and algos) and he kept asking for more efficient solutions and generally seemed put off by my initial salvo which was unexpected. What should I have done? Cheers!

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• SEO: Nested List vs List, Split Over Divs vs Definition List

  - by Jon P

  From an SEO perspective which, if any, is better: Option 1: Nested lists with h2 tags <ul id="mainpoints"> <li><h2>Powerful Analysis</h2> <ul> <li>Charting and indicators</li> <li>Daily trading signals</li> <li>Company health checks</li> </ul> </li> <li><h2>World Market Data</h2> <ul> [List Items removed for brevity] </ul> </li> <li><h2>Daily Market Data</h2> <ul> [List Items removed for brevity] </ul> </li> </ul> Option 2: Divs with h2 and lists <div id="mainpoints"> <div> <h2>Powerful Analysis</h2> <ul> <li>Charting and indicators</li> <li>Daily trading signals</li> <li>Company health checks</li> </ul> </div> <div> <h2>World Market Data</h2> <ul> [List Items removed for brevity] </ul> </div> <div> <h2>Daily Market Data</h2> <ul> [List Items removed for brevity] </ul> </div> </div> Option 3: Definition List <dl id="mainpoints"> <dt>Powerful Analysis</dt> <dd>- Charting and indicators</dd> <dd>- Daily trading signals</dd> <dd>- Company health checks</dd> <dt>World Market Data</dt> [List Items removed for brevity] <dt>Daily Market Data</dt> [List Items removed for brevity] </dl> My instincts tell me that semanticaly the pure list options (1 & 3) are the best and that h2 may be more SEO friendly (1 & 2) which would point to option 1 as being the best option. I do love the lean makeup of the definition list but will I take an SEO hit by losing the h2 tags? Before anyone asks, h2 is not valid markup in a dt tag. Are my instincts right with a nested list being the way to go?

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• AS2 Server Software Costs

  - by CandyCo

  We're currently using Cleo LexiCom as our server software for receiving EDI transmissions via the AS2 protocol. We have 7 trading partners per year, and this runs us about $800/year for support from Cleo. We need to expand from 7 trading partners to 10 or so, and Cleo charges roughly $600 per new host, plus an expanded yearly support fee. My question(s) are: Does anyone know of a cheaper developer of AS2 server software, and perhaps one that doesn't charge per new host? Does anyone have any clue why we are being charged an upfront fee for new hosts, and if this is a standard practice for AS2 software providers? It seems really odd that we are required to pay upfront costs for this. I could completely understand an increase in the yearly support, however.

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• AS2 Server Software Costs

  - by CandyCo

  We're currently using Cleo LexiCom as our server software for receiving EDI transmissions via the AS2 protocol. We have 7 trading partners per year, and this runs us about $800/year for support from Cleo. We need to expand from 7 trading partners to 10 or so, and Cleo charges roughly $600 per new host, plus an expanded yearly support fee. My question(s) are: Does anyone know of a cheaper developer of AS2 server software, and perhaps one that doesn't charge per new host? Does anyone have any clue why we are being charged an upfront fee for new hosts, and if this is a standard practice for AS2 software providers? It seems really odd that we are required to pay upfront costs for this. I could completely understand an increase in the yearly support, however.

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• South Korea Upcoming Cap and Trade Legislation

  - by Evelyn Neumayr

  In my previous blogs I talked about climate change legislation trends in California, Australia and the European Union. In the next series of blogs, I am going to highlight how carbon trading and sustainability reporting legislation is evolving in other Asia Pacific countries, including South Korea, China, Japan, India and Taiwan - starting with South Korea. South Korea passed legislation to begin a national cap-and-trade program in May 2012. Korea is the 8th biggest source of GHG emissions in the world and has a national target of cutting them 30% by 2020. South Korea's program will cover about 60% of emissions and will affect big emitters across the economy, including utilities, major manufacturers and even large universities. Emissions trading is scheduled to begin in Korea in 2015, the same year as in Australia and China. Oracle Environmental Accounting and Reporting supports the needs of South Korea and helps ensure consistency across organizations in how data is collected, retained, controlled, consolidated and used in calculating and reporting emissions inventory. Learn more about the upcoming cap and trade legislation in South Korea and how to use Oracle Environmental Accounting and Reporting to meet those requirements here. By Elena Avesani, Principal Product Strategy Manager, Oracle

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• B2B communication using IBM MQ

  - by Dheeraj Kumar M

  Oracle B2B 11g, provides the out-of-the box ability to connect to IBM MQ to exchange the message. This is support is provided via JMS offering of Oracle B2B. This is an addition to the stack of existing communication capabilities of B2B with trading partners. There are 2 ways of connecting to IBM MQ using B2B 1. Credential based connectivity 2. .bindings based connectivity As a pre-requisite to connect to IBM MQ, it is required to provide the following libraries in classpath: a. com.ibm.mqjms.jar b. dhbcore.jar c. com.ibm.mq.jar d. com.ibm.mq.jmqi.jar e. mqcontext.jar f. com.ibm.mq.pcf.jar g. com.ibm.mq.commonservices.jar h. com.ibm.mq.headers.jar i. fscontext.jar j. jms.jar Add the above jars into domain library directory and the directory usually located at $DOMAIN_DIR/lib. The jars located in this($DOMAIN_DIR/lib) directory will be picked up and added dynamically to the end of the server classpath at server startup. For eg. /user_projects/domains//lib/ Alternatively the above jar’s can also be added as part of the setDomainEnv.sh Credential based connectivity : Outbound: : Configure the trading partner delivery channel for using "Generic JMS" protocol Inbound: : Configure the internal delivery channel for using "Generic JMS" protocol with the following details: Parameter NameDescription Destination NameMQ Queue Name Connection FactoryMQ Queue Manager Name Destination Providerjava.naming.factory.initial=com.ibm.mq.jms.context.WMQInitialContextFactory;java.naming.provider.url=<host>:<QM Listen port>/<MQ Channel Name>; User NameMQ User Name passwordMQ password .bindings based connectivity As a pre-requisite, get/generate the .bindings file in MQServer. This can be done by MQ Administrator Set the following values in the respective delivery channel for outbound / inbound Parameter NameDescription Destination NameMQ Queue Name Connection FactoryMQ Queue Manager Name Destination Providerjava.naming.factory.initial=com.ibm.mq.jms.context.WMQInitialContextFactory;java.naming.provider.url=file:///<location of .bindings file>;

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• NINTENDO, EDCON and ALLEGIS GROUP @ Oracle Open World 2012 Conference Session (CON9418): The Business Case for Oracle Exalogic: A Customer Perspective

  - by Sanjeev Sharma

   Are you looking to deliver breakthrough performance for packaged and custom  applications? For many front-office applications such as Oracle WebCenter Sites, Oracle Transportation Management, and Oracle’s ATG and Siebel product families,  improved  performance leads directly to greater revenue or cost savings from the business - a  compelling  proposition. For back-office applications, improved performance has tangible benefits  in terms of  footprint reductions. For all applications, Oracle Exalogic and Oracle Exadata provide an engineered solution that provides shorter time to value and lower operational costs.  Edcon is a leading clothing, footwear and textiles (CFT) retailing group in southern Africa trading through a range of retail formats. The Company has grown from opening it's first store in 1929, to ten retail brands trading in over 1000 stores in South Africa, Botswana, Namibia, Swaziland and Lesotho. Edcon's retail business has, through recent acquisitions, added top stationery and houseware brands as well as general merchandise to its CFT portfolio. Edcon was looking to consolidate their existing middleware components (Weblogic and Oracle SOA) and retail applications (Retek, Siebel and E-Business Suite) on a common platform and turned to Oracle Exalogic. With Oracle Exalogic, Edcon is able to derive significant HW CAPEX savings, improve response-time of core business applications and mitigate operating risk. Hear senior business leaders from Nintendo, Edcon and Allegis Group discuss how the business value of  leveraging Oracle Exalogic at the following conference session at Oracle Open World 2012: Session:  CON9418 - The Business Case for Oracle Exalogic: A Customer PerspectiveDate: Monday, 1 Oct, 2012Time: 1:45 pm - 2:45 pm (PST)Venue: Moscone South (306)

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• b2b SOA Suite partner training November 13th & 14th Bucharest

  - by JuergenKress

  Description: Oracle SOA Suite 11g is a complete infrastructure for building, deploying, and managing composite applications and business processes. For an enterprise to extend business processes to its trading partners, it requires a platform that addresses compliance, security, visibility, scalability, and standards. The Oracle SOA Suite (Oracle B2B) is this platform. Oracle B2B, the "Edge Component", enables an enterprise to define, configure, manage, and monitor the exchange of information, with its trading partners. Oracle SOA Suite, the "B2B Infrastructure", enables business process orchestration, administration, monitoring, auditing, inter-enterprise connectivity, governance and security. Together they provide a complete end-to-end business process integration platform. Date Location Time Facilitator Register 13-14 November Oracle Room MtgRm15_6, Bucharest - Nusco Tower, Romania D1: 08:30 - 17:30 D2: 09:00 - 17:30 Krishnaprem Bhatia Please contact us directly Registration Please contact us directly - Please note that there are limited seats and confirmation will be on a first come, first served basis Travel Each delegate is responsible for his/her own travel arrangements. Please obtain approval from your manager first. Contact For logistic questions, please contact Nadja Vogl SOA & BPM Partner Community For regular information on Oracle SOA Suite become a member in the SOA & BPM Partner Community for registration please visit  www.oracle.com/goto/emea/soa (OPN account required) If you need support with your account please contact the Oracle Partner Business Center. Blog Twitter LinkedIn Mix Forum Technorati Tags: b2b,SOA Suite,training,eduction,b2b training,SOA Community,Oracle SOA,Oracle BPM,Community,OPN,Jürgen Kress

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• Microsoft F#

  - by Aamir Hasan

  F# brings you type safe, succinct, efficient and expressive functional programming language on the .NET platform. It is a simple and pragmatic language, and has particular strengths in data-oriented programming, parallel I/O programming, parallel CPU programming, scripting and algorithmic development. F# cannot solve any problem C# could. F# is a functional language, statically typed. F# is a functional language that supports O-O-Programming References:http://msdn.microsoft.com/en-us/fsharp/cc835246.aspx http://research.microsoft.com/en-us/um/cambridge/projects/fsharp/

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• Pirate Problem In Interview Question

  - by Hafiz

  Some one asked me this question in an interview, so I want to know that what can be technical or algorithmic or strategical solution can we provide? If I am a leader of Pirates who looted 100kg gold, now every pirate has 1 bullet in gun and every pirate wants to get each other's share. They are 5 in number including me. So what strategy I will use to get to kill others while being safe or is there way to decrease probability?

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• Complex Event Processing and SQL in London next week

  - by simonsabin

  Don’t forget that we have the Stream Insight team coming to London and will be presenting at a SQL Social event on the 9th June. Stream Insight is one of the exciting new features in SQL Server 2008 R2. There are numerous uses of Stream Insight one being Algorithmic Trading an exciting topic in the banking sector. For details of what Stream Insight is go to the teams blog http://blogs.msdn.com/streaminsight/archive/2010/04/22/rtm.aspx and follow some of the links. For more details of the SQL Social...(read more)

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• When is it reasonable to create my own programming language?

  - by Daniel Rikowski

  Are there types of killer applications, classes of algorithmic problems, etc., where it is better, in the long run, to create my own language? PS: Just to be sure, I mean a new programming language and a compiler, not a new compiler for an existing language. EDIT: Thank you for the answers. Can you provide some examples, where it is absolutly unnecessary to create a DSL or cases in which a DSL might be a good idea?

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• SEO Courses Are of the Utmost Importance When Setting Up a Website

  After completing one of the many SEO courses one will be able to improve the volume of traffic to their website as well as blogs from sources such as algorithmic search results instead of using other SEM which may include payments. You will also be able to become visible to other visitors as SEO targets different kinds of searches which may include image search, video searches and local searches as this gives a website presence.

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• Is This the Death Or Birth of the Long Tail?

  When it comes to algorithmic changes that affect webmasters, Google is King. This most recent update seems to be centered around the long tail keyword, or phrase. Is there more to it?

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• The Complementary Roles of PLM and PIM

  - by Ulf Köster

  Oracle Product Value Chain Solutions (aka Enterprise PLM Solutions) are a comprehensive set of product management solutions that work together to provide Oracle customers with a broad array of capabilities to manage all aspects of product life: innovation, design, launch, and supply chain / commercialization processes beyond the capabilities and boundaries of traditional engineering-focused Product Lifecycle Management applications. They support companies with an integrated managed view across the product value chain: From Lab to Launch, From Farm to Fork, From Concept to Product to Customer, From Product Innovation to Product Design and Product Commercialization. Product Lifecycle Management (PLM) represents a broad suite of software solutions to improve product-oriented business processes and data. PLM success stories prove that PLM helps companies improve time to market, increase product-related revenue, reduce product costs, reduce internal costs and improve product quality. As a maturing suite of enterprise solutions, PLM is still evolving to realize the promise it can provide across all facets of a business and all phases of the product lifecycle. The vision for PLM includes everything from gathering early requirements for a product through multiple stages of the product lifecycle from product design, through commercialization and eventual product retirement or replacement. In discrete or process industries, PLM is typically more focused on Product Definition as items with respect to the technical view of a material or part, including specifications, bills of material and manufacturing data. With Agile PLM, this is specifically related to capabilities addressing Product Collaboration, Governance and Compliance, Product Quality Management, Product Cost Management and Engineering Collaboration. PLM today is mainly addressing key requirements in the early product lifecycle, in engineering changes or in the “innovation cycle”, and primarily adds value related to product design, development, launch and engineering change process. In short, PLM is the master for Product Definition, wherever manufacturing takes place. Product Information Management (PIM) is a product suite that has evolved in parallel to PLM. Product Information Management (PIM) can extend the value of PLM implementations by providing complementary tools and capabilities. More relevant in the area of Product Commercialization, the vision for PIM is to manage product information throughout an enterprise and supply chain to improve product-related knowledge management, information sharing and synchronization from multiple data sources. PIM success stories have shown the ability to provide multiple benefits, with particular emphasis on reducing information complexity and information management costs. Product Information in PIM is typically treated as the commercial view of a material or part, including sales and marketing information and categorization. PIM collects information from multiple manufacturing sites and multiple suppliers into its repository, but also provides integration tools to push the information back out to the other systems, serving as an active central repository with the aim to provide a holistic view on any product sold by a company (hence the name “Product Hub”). In short, PIM is the master of commercial Product Information. So PIM is quickly becoming mandatory because of its value in optimizing multichannel selling processes and relationships with customers, as you can see from the following table: Viewpoint PLM Current State PIM Key Benefits PIM adds to PLM Product Lifecycle Primarily R&D Front end Innovation Cycle Change process Primarily commercial / transactional state of lifecycle Provides a seamless information flow from design and manufacturing through the ultimate selling and servicing of products Data Primarily focused on “item” vs. “product” data Product structures Specifications Technical information Repository for all product information. Reaches out to entire enterprise and its various silos of product information and descriptions Provides a “trusted source” of accurate product information to the internal organization and trading partners Data Lifecycle Repository for all design iterations Historical information Released, current information, with version management and time stamping Provides a single location to track and audit historical product information Communication PLM release finished product to ERP PLM is the master for Product Definition Captures information from disparate sources, including in-house data stores Recognizes the reality of today’s data “mess” across information silos Provides the ability to package product information to its audience in the desired, relevant format to meet their exacting business requirements Departmental R&D Manufacturing Quality Compliance Procurement Strategic Marketing Focus on Marketing and Sales Gathering information from other Departments, multiple sites, multiple suppliers A singular enterprise solution that leverages existing information silos and data stores Supply Chain Multi-site internal collaboration Supplier collaboration Customer collaboration Works with customers, exchanges / data pools, and trading partners to provide relevant product information packaged the way the customer desires Provides ability to provide trading partners and internal customers with information in a manner they desire, continuously Tools Data Management Collaboration Innovation Management Cleansing Synchronization Hub functions Consistent, clean and complete commercial product information The goals of both PLM and PIM, put simply, are to help companies make more profit from their products. PLM and PIM solutions can be easily added as they share some of the same goals, while coming from two different perspectives: the definition of the product and the commercialization of the product. Both can serve as a form of product “system of record”, but take different approaches to delivering value. Oracle Product Value Chain solutions offer rich new strategies for executives to collectively leverage Agile PLM, Product Data Hub, together with Enterprise Data Quality for Products, and other industry leading Oracle applications to achieve further incremental value, like Oracle Innovation Management. This is unique on the market today.

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