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  • Making Money from your SQL Server Blog

    - by Bill Graziano
    My SQL Server blog reading list is around one hundred blogs.  Many people are writing great content and generating lots of page views.  I see some of them running Google AdSense and trying to make a little money off their traffic.  If you want to earn some some extra money from what you’ve written there are a couple of options.  And one new option that I’m announcing here. Background Internet advertising is sold based on a few different pricing schemes.  Flat Fee.  You offer either all your impressions (page views) or some percentage of your impressions in exchange for a flat monthly fee.  CPM or cost per thousand impressions.  If the quoted price is $2 CPM you’ll get $2 for every 1,000 times the ad is displayed.  While you might think the “M” means millions, the “M” in CPM is the roman numeral for 1,000. CPC or cost per click.  This is also called PPC or pay per click.  In this method you get paid based on how many clicks there are on the ad.  CPA or cost per action.  In this method you get paid based on an action that occurs on the advertisers site after they click on the ad.  This is typically some type of sign up form.  This is how most affiliate programs work. Darren Rowse at ProBlogger has been writing about blogging and making money off blogs for years.  He has a good introduction to making money on your blog in his “Making Money” section.  If you’re interested in learning more he has a post up titled How to Make More Money From Your Blog in the New Year that links to many of his best posts on the subject. Google AdSense This is the most common method for people earning money from their blogging.  It’s easy to setup and administer.  You tell AdSense what size ads you’d like to run and it gives you a little piece of JavaScript to put on your site.  AdSense quickly learns the topics you write about and displays ads that are appropriate for your site.  I typically see ads for hosting, SQL Server tools and developer tools running in AdSense slots.  AdSense pays on a CPC model.  If you translate that back to CPM pricing you’ll see rates from $0.50 to $1.00 CPM. Amazon While you might not make much money writing books it’s now possible to make even less helping Amazon sell them.  You can sign up for an Amazon affiliate program.  Each time you send Amazon a link and someone buys the book you get a cut of that sale.  This is the CPA model from above.  Amazon can help you build some pretty nice “stores”.  Here’s the SQL Server bookstore I built for SQLTeam.com.  If you’re just putting in a page with books like I’ve done on SQLTeam you should keep your expectations low.  If you’re writing book reviews of suggesting books on your blog it really does make sense to setup an Amazon affiliate link.  People are much more likely to buy a book based on a review from a trusted source.  I always try to buy through a referral link if there is one. Amazon pays about 4% of the price as a referral fee.  You also get credit for anything else they buy while on the site.  I recently had someone buy an iPod nano with their SQL Server book making me an extra $5.60 richer!  Estimating how much you can make is difficult though.  How much attention you draw to the links and book reviews can dramatically affect the earnings. Private Ad Sales This is the hardest but potentially most lucrative option.  You sell advertising directly to companies that want to sell things to your readers.  Typically this would be SQL Server tool vendors, hosting companies or anyone else that wants to make money off database administrators.  This is also the most difficult to do.  You’ll need the contacts at the companies and enough page views to make it worth their while.  You’ll also need software to track the page views and clicks, geo-target your ads and smooth out the impressions.  Your earnings are based on whatever you can negotiate with the companies. SQL Server Ad Network For the last couple of years I’ve run any extra ads that I sold on the SQLTeam Weblogs.  You can see an example of that on Mladen’s blog.  The ad in the upper right corner is one that I’m running for him.  (Note: Many of the ads I’m running are geo-targeted to only appear in English speaking countries.  You may see a different set of ads outside the US, Canada and the UK.  You can also see he has a couple of Google ads on his blog.)  When I run ads on his blog I split the advertising revenue with him.  They make a little and I make a little. I recently started to expand this and sell advertising specifically to run on SQL Server-related blogs.  I’m also starting to run ads on non-SQLTeam blogs.  The only way I can sell more advertising is to have more blogs to run it on.  And that’s where you come in. I’ve created a SQL Server advertising network.  I handle all the ad sales and provide the technology to serve the ads.  I handle collections and payments back to you.  You get paid at the end of each month regardless of when (or if) the advertiser actually pays.  All you need to do is add a small piece of JavaScript to your site to display the ads. If you’re writing about SQL Server and interested in earning a little money for your site I’d like to talk to you.  You can use the Contact Us page on SQLTeam.com to reach me.  Running advertising on your blog isn’t for everyone.  If you’re concerned about what advertisers might think about certain posts then you might not be a good fit.  For the most part this isn’t an issue.  You’ll also need to have a PayPal account to receive payments.  You probably won’t get rich doing this.  But you can earn extra cash on the side for doing what you would do anyway.  I do know that people have earned enough to buy themselves a nice laptop doing this. My initial target is blogs with more than 10,000 page views per month.  I expect to pay two to three times what Google pays.  If you have less than 10,000 page views per month but are still interested I’d still like to hear from you.  I may not be able to sign up smaller blogs right away but we’ll get the process started.  If you’re unsure about your traffic Google Analytics is a free tool that provides great reporting on traffic, popular posts and how people find your blog.  If you have any questions or are just curious drop me a line and I’ll try to answer your questions.

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  • Blogging tips for SQL Server professionals

    - by jamiet
    For some time now I have been intending to put some material together relating my blogging experiences since I began blogging in 2004 and that led to me submitting a session for SQLBits recently where I intended to do just that. That didn’t get enough votes to allow me to present however so instead I resolved to write a blog post about it and Simon Sabin’s recent post Blogging – how do you do it? has prompted me to get around to completing it. So, here I present a compendium of tips that I’ve picked up from authoring a fair few blog posts over the past 6 years. Feedburner Feedburner.com is a service that can consume your blog’s default RSS feed and provide another, replacement, feed that has exactly the same content. You can then supply that replacement feed on your blog site for other people to consume in their RSS readers. Why would you want to do this? Well, two reasons actually: It makes your blog portable. If you ever want to move your blog to a different URL you don’t have to tell your subscribers to move to a different feed. The feedburner feed is a pointer to your blog content rather than being a copy of it. Feedburner will collect stats telling you how many people are subscribed to your feed, which RSS readers they use, stuff like that. Here’s a sample screenshot for http://sqlblog.com/blogs/jamie_thomson/: It also tells you what your most viewed posts are: Web stats like these are notoriously inaccurate but then again the method of measurement here is not important, what IS important is that it gives you a trustworthy ranking of your blog posts and (in my opinion) knowing which are your most popular posts is more important than knowing exactly how many views each post has had. This is just the tip of the iceberg of what Feedburner provides and I recommend every new blogger to try it! Monitor subscribers using Google Reader If for some reason Feedburner is not to your taste or (more likely) you already have an established RSS feed that you do not want to change then Google provide another way in which you can monitor your readership in the shape of their online RSS reader, Google Reader. It provides, for every RSS feed, a collection of stats including the number of Google Reader users that have subscribed to that RSS feed. This is really valuable information and in fact I have been recording this statistic for mine and a number of other blogs for a few years now and as such I can produce the following chart that indicates how readership is trending for those blogs over time: [Good news for my fellow SQLBlog bloggers.] As Stephen Few readily points out, its not the numbers that are important but the trend. Search Engine Optimisation (SEO) SEO (or “How do I get my blog to show up in Google”) is a massive area of expertise which I don’t want (and am unable) to cover in much detail here but there are some simple rules of thumb that will help: Tags – If your blog engine offers the ability to add tags to your blog post, use them. Invariably those tags go into the meta section of the page HTML and search engines lap that stuff up. For example, from my recent post Microsoft publish Visual Studio 2010 Database Project Guidance: Title – Search engines take notice of web page titles as well so make them specific and descriptive (e.g. “Configuring dtsConfig connection strings”) rather than esoteric and meaningless in a vain attempt to be humorous (e.g. “Last night a DJ saved my ETL batch”)! Title(2) – Make your title even more search engine friendly by mentioning high level subject areas, not dissimilar to Twitter hashtags. For example, if you look at all of my posts related to SSIS you will notice that nearly all contain the word “SSIS” in the title even if I had to shoehorn it in there by putting it in square brackets or similar. Another tip, if you ARE putting words into your titles in this artificial manner then put them at the end so that they’re not that prominent in search engine results; they’re there for the search engines to consume, not for human beings. Images – Always add titles and alternate text (ALT attribute) to images in your blog post. If you use Windows 7 or Windows Vista then you can use Live Writer (which Simon recommended) makes this easy for you. Headings – If you want to highlight section headings use heading tags (e.g. <H1>, <H2>, <H3> etc…) rather than just formatting the text appropriately – again, Live makes this easy. These tags give your blog posts structure that is understood by search engines and RSS readers alike. (I believe it makes them more amenable to CSS as well – though that’s not something I know too much about). If you check the HTML source for the blog post you’re reading right now you’ll be able to scan through and see where I have used heading tags. Microsoft provide a free tool called the SEO Toolkit that will analyse your blog site (for free) and tell you what things you should change to improve SEO. Go read more and download for free at Search Engine Optimization Toolkit. Did I mention that it was free? Miscellaneous Tips If you are including code in your blog post then ensure it is formatted correctly. Use SQL Server Central’s T-SQL prettifier for formatting T-SQL code. Use images and videos. Personally speaking there’s nothing I like less when reading a blog than paragraph after paragraph of text. Images make your blog more appealing which means people are more likely to read what you have written. Be original. Don’t plagiarise other people’s content and don’t simply rewrite the contents of Books Online. Every time you publish a blog post tweet a link to it. Include hashtags in your tweet that are more likely to grab people’s attention. That’s probably enough for now - I hope this blog post proves useful to someone out there. If you would appreciate a related session at a forthcoming SQLBits conference then please let me know. This will likely be my last blog post for 2010 so I would like to take this opportunity to thank everyone that has commented on, linked to or read any of my blog posts in that time. 2011 is shaping up to be a very interesting for SQL Server observers with the impending release of SQL Server code-named Denali and I promise I’ll have lots more content on that as the year progresses. Happy New Year. @Jamiet

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  • Shallow Copy vs DeepCopy in C#.NET

    Hope below example helps to understand the difference. Please drop a comment if any doubts. using System; using System.IO; using System.Runtime.Serialization.Formatters.Binary; namespace ShallowCopyVsDeepCopy {     class Program     {         static void Main(string[] args)         {             var e1 = new Emp { EmpNo = 10, EmpName = "Smith", Department = new Dep { DeptNo = 100, DeptName = "Finance" } };             var e2 = e1.ShallowClone();             e1.Department.DeptName = "Accounts";             Console.WriteLine(e2.Department.DeptName);             var e3 = new Emp { EmpNo = 10, EmpName = "Smith", Department = new Dep { DeptNo = 100, DeptName = "Finance" } };             var e4 = e3.DeepClone();             e3.Department.DeptName = "Accounts";             Console.WriteLine(e4.Department.DeptName);         }     }     [Serializable]     class Dep     {         public int DeptNo { get; set; }         public String DeptName { get; set; }     }     [Serializable]     class Emp     {         public int EmpNo { get; set; }         public String EmpName { get; set; }         public Dep Department { get; set; }         public Emp ShallowClone()         {             return (Emp)this.MemberwiseClone();         }         public Emp DeepClone()         {             MemoryStream ms = new MemoryStream();             BinaryFormatter bf = new BinaryFormatter();             bf.Serialize(ms, this);             ms.Seek(0, SeekOrigin.Begin);             object copy = bf.Deserialize(ms);             ms.Close();             return copy as Emp;         }     } } span.fullpost {display:none;}

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  • Upgrading from 12.10 to 13.04 -> dpkg: error processing sudo (--configure)

    - by Korrigan Nagirrok
    Here's the deal and reason I'm asking for your help. Last night I went on upgrading my Xubuntu 12.10 installation to 13.04, so at tty1 I run the command sudo do-release-upgrade and everything seemed to went well except that after rebooting and when I run sudo apt-get update && sudo apt-get upgrade I get this error: sudo apt-get update && sudo apt-get upgrade Hit http://pt.archive.ubuntu.com raring Release.gpg Hit http://pt.archive.ubuntu.com raring-updates Release.gpg Hit http://dl.google.com stable Release.gpg Hit http://pt.archive.ubuntu.com raring-backports Release.gpg Hit http://pt.archive.ubuntu.com raring Release Hit http://archive.canonical.com raring Release.gpg Hit http://ppa.launchpad.net raring Release.gpg Hit http://pt.archive.ubuntu.com raring-updates Release Hit http://extras.ubuntu.com raring Release.gpg Hit http://pt.archive.ubuntu.com raring-backports Release Hit http://dl.google.com stable Release Hit http://pt.archive.ubuntu.com raring/main Sources Hit http://pt.archive.ubuntu.com raring/restricted Sources Hit http://extras.ubuntu.com raring Release Hit http://archive.canonical.com raring Release Hit http://ppa.launchpad.net raring Release.gpg Hit http://pt.archive.ubuntu.com raring/universe Sources Hit http://pt.archive.ubuntu.com raring/multiverse Sources Hit http://dl.google.com stable/main i386 Packages Get:1 http://security.ubuntu.com raring-security Release.gpg [933 B] Hit http://pt.archive.ubuntu.com raring/main i386 Packages Hit http://extras.ubuntu.com raring/main Sources Hit http://ppa.launchpad.net raring Release Hit http://archive.canonical.com raring/partner i386 Packages Hit http://pt.archive.ubuntu.com raring/restricted i386 Packages Hit http://pt.archive.ubuntu.com raring/universe i386 Packages Hit http://extras.ubuntu.com raring/main i386 Packages Hit http://pt.archive.ubuntu.com raring/multiverse i386 Packages Hit http://ppa.launchpad.net raring Release Hit http://pt.archive.ubuntu.com raring/main Translation-en Hit http://ppa.launchpad.net raring/main Sources Hit http://ppa.launchpad.net raring/main i386 Packages Hit http://pt.archive.ubuntu.com raring/multiverse Translation-en Hit http://pt.archive.ubuntu.com raring/restricted Translation-en Hit http://pt.archive.ubuntu.com raring/universe Translation-en Hit http://pt.archive.ubuntu.com raring-updates/main Sources Hit http://pt.archive.ubuntu.com raring-updates/restricted Sources Hit http://ppa.launchpad.net raring/main Sources Hit http://pt.archive.ubuntu.com raring-updates/universe Sources Hit http://pt.archive.ubuntu.com raring-updates/multiverse Sources Hit http://pt.archive.ubuntu.com raring-updates/main i386 Packages Hit http://ppa.launchpad.net raring/main i386 Packages Hit http://pt.archive.ubuntu.com raring-updates/restricted i386 Packages Hit http://pt.archive.ubuntu.com raring-updates/universe i386 Packages Hit http://pt.archive.ubuntu.com raring-updates/multiverse i386 Packages Ign http://dl.google.com stable/main Translation-en_US Hit http://pt.archive.ubuntu.com raring-updates/main Translation-en Ign http://archive.canonical.com raring/partner Translation-en_US Ign http://extras.ubuntu.com raring/main Translation-en_US Ign http://dl.google.com stable/main Translation-en Ign http://archive.canonical.com raring/partner Translation-en Hit http://pt.archive.ubuntu.com raring-updates/multiverse Translation-en Ign http://extras.ubuntu.com raring/main Translation-en Hit http://pt.archive.ubuntu.com raring-updates/restricted Translation-en Hit http://pt.archive.ubuntu.com raring-updates/universe Translation-en Hit http://pt.archive.ubuntu.com raring-backports/main Sources Hit http://pt.archive.ubuntu.com raring-backports/restricted Sources Hit http://pt.archive.ubuntu.com raring-backports/universe Sources Hit http://pt.archive.ubuntu.com raring-backports/multiverse Sources Hit http://pt.archive.ubuntu.com raring-backports/main i386 Packages Hit http://pt.archive.ubuntu.com raring-backports/restricted i386 Packages Hit http://pt.archive.ubuntu.com raring-backports/universe i386 Packages Hit http://pt.archive.ubuntu.com raring-backports/multiverse i386 Packages Hit http://pt.archive.ubuntu.com raring-backports/main Translation-en Hit http://pt.archive.ubuntu.com raring-backports/multiverse Translation-en Get:2 http://security.ubuntu.com raring-security Release [40.8 kB] Hit http://pt.archive.ubuntu.com raring-backports/restricted Translation-en Hit http://pt.archive.ubuntu.com raring-backports/universe Translation-en Ign http://ppa.launchpad.net raring/main Translation-en_US Ign http://ppa.launchpad.net raring/main Translation-en Get:3 http://security.ubuntu.com raring-security/main Sources [2,109 B] Ign http://ppa.launchpad.net raring/main Translation-en_US Ign http://ppa.launchpad.net raring/main Translation-en Get:4 http://security.ubuntu.com raring-security/restricted Sources [14 B] Get:5 http://security.ubuntu.com raring-security/universe Sources [14 B] Get:6 http://security.ubuntu.com raring-security/multiverse Sources [14 B] Get:7 http://security.ubuntu.com raring-security/main i386 Packages [3,670 B] Get:8 http://security.ubuntu.com raring-security/restricted i386 Packages [14 B] Get:9 http://security.ubuntu.com raring-security/universe i386 Packages [2,824 B] Get:10 http://security.ubuntu.com raring-security/multiverse i386 Packages [14 B] Ign http://pt.archive.ubuntu.com raring/main Translation-en_US Ign http://pt.archive.ubuntu.com raring/multiverse Translation-en_US Ign http://pt.archive.ubuntu.com raring/restricted Translation-en_US Ign http://pt.archive.ubuntu.com raring/universe Translation-en_US Ign http://pt.archive.ubuntu.com raring-updates/main Translation-en_US Ign http://pt.archive.ubuntu.com raring-updates/multiverse Translation-en_US Hit http://security.ubuntu.com raring-security/main Translation-en Ign http://pt.archive.ubuntu.com raring-updates/restricted Translation-en_US Ign http://pt.archive.ubuntu.com raring-updates/universe Translation-en_US Ign http://pt.archive.ubuntu.com raring-backports/main Translation-en_US Ign http://pt.archive.ubuntu.com raring-backports/multiverse Translation-en_US Ign http://pt.archive.ubuntu.com raring-backports/restricted Translation-en_US Hit http://security.ubuntu.com raring-security/multiverse Translation-en Ign http://pt.archive.ubuntu.com raring-backports/universe Translation-en_US Hit http://security.ubuntu.com raring-security/restricted Translation-en Hit http://security.ubuntu.com raring-security/universe Translation-en Ign http://security.ubuntu.com raring-security/main Translation-en_US Ign http://security.ubuntu.com raring-security/multiverse Translation-en_US Ign http://security.ubuntu.com raring-security/restricted Translation-en_US Ign http://security.ubuntu.com raring-security/universe Translation-en_US Fetched 50.4 kB in 6s (7,454 B/s) Reading package lists... Done Reading package lists... Done Building dependency tree Reading state information... Done 0 upgraded, 0 newly installed, 0 to remove and 0 not upgraded. 2 not fully installed or removed. Need to get 0 B/373 kB of archives. After this operation, 0 B of additional disk space will be used. Do you want to continue [Y/n]? Y dpkg: error processing sudo (--configure): Package is in a very bad inconsistent state - you should reinstall it before attempting configuration. No apport report written because MaxReports is reached already dpkg: dependency problems prevent configuration of ubuntu-minimal: ubuntu-minimal depends on sudo; however: Package sudo is not configured yet. dpkg: error processing ubuntu-minimal (--configure): dependency problems - leaving unconfigured No apport report written because MaxReports is reached already Errors were encountered while processing: sudo ubuntu-minimal E: Sub-process /usr/bin/dpkg returned an error code (1) I've tried everything I thought logical, like sudo dpkg --configure -a dpkg: error processing sudo (--configure): Package is in a very bad inconsistent state - you should reinstall it before attempting configuration. dpkg: dependency problems prevent configuration of ubuntu-minimal: ubuntu-minimal depends on sudo; however: Package sudo is not configured yet. dpkg: error processing ubuntu-minimal (--configure): dependency problems - leaving unconfigured Errors were encountered while processing: sudo ubuntu-minimal sudo apt-get install -f Reading package lists... Done Building dependency tree Reading state information... Done 0 upgraded, 0 newly installed, 0 to remove and 0 not upgraded. 2 not fully installed or removed. Need to get 0 B/373 kB of archives. After this operation, 0 B of additional disk space will be used. dpkg: error processing sudo (--configure): Package is in a very bad inconsistent state - you should reinstall it before attempting configuration. dpkg: dependency problems prevent configuration of ubuntu-minimal: ubuntu-minimal depends on sudo; however: Package sudo is not configured yet. dpkg: error processing ubuntu-minimal (--configure): dependency problems - leaving unconfigured No apport report written because MaxReports is reached already No apport report written because MaxReports is reached already Errors were encountered while processing: sudo ubuntu-minimal E: Sub-process /usr/bin/dpkg returned an error code (1) Can someone help me, please. Edit: Here's some more info that could be of help for anyone. The output of apt-cache policy linux-image-generic-pae linux-generic-pae is linux-image-generic-pae: Installed: (none) Candidate: 3.8.0.19.35 Version table: 3.8.0.19.35 0 500 http://pt.archive.ubuntu.com/ubuntu/ raring/main i386 Packages linux-generic-pae: Installed: (none) Candidate: 3.8.0.19.35 Version table: 3.8.0.19.35 0 500 http://pt.archive.ubuntu.com/ubuntu/ raring/main i386 Packages

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  • JavaOne 2012 - The Power of Java 7 NIO.2

    - by Sharon Zakhour
    At JavaOne 2012, Mohamed Taman of e-finance gave a presentation highlighting the power of NIO.2, the file I/O APIs introduced in JDK 7. He shared information on how to get the most out of NIO.2, gave tips on migrating your I/O code to NIO.2, and presented case studies. The File I/O (featuring NIO.2) lesson in the Java Tutorials has extensive coverage of NIO.2 and includes the following topics: Managing Metadata Walking the File Tree Finding Files, including information on using PatternMatcher and globs. Watching a Directory for Changes Legacy File I/O Code includes information on migrating your code. From the conference session page, you can watch the presentation or download the materials.

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  • Oracle Announces the Winners of the 2014 Oracle Sustainability Innovation Award

    - by Evelyn Neumayr
    Oracle will be honoring the winners of the 2014 Sustainability Innovation Award, one of the Oracle Excellence Awards, at the Oracle OpenWorld conference in San Francisco. This award recognizes the innovative use of Oracle technology to address global sustainability business challenges. The winning customers reduced their environmental footprint while also reducing costs using green business practices and Oracle technology. For these customers, environmental sustainability has become an essential ingredient to doing business responsibly and successfully. Oracle will also be awarding Lacey Lewis, Senior Vice President – Finance at Cox Enterprises, with Oracle's 2014 Chief Sustainability Officer of the Year award. Lacey is being honored for the comprehensive, deep-rooted environmental sustainability program at Cox Enterprises. With a focus on conserving and protecting the environment, Cox Enterprises uses Oracle Applications and technology to drive efficiency and green business processes throughout its organization. These awards will be presented by Jeff Henley, Oracle Chairman of the Board, in Oracle's seventh annual sustainability awards session. Please join us at this awards session on Wednesday October 1 in Moscone West Room 3002 if you will be attending Oracle OpenWorld.

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  • Watch the Dec. 8 Webcast: Oracle CFO Discusses Planning and Forecasting

    - by Theresa Hickman
    Watch CFO,com's webcast featuring Oracle's CFO, Jeff Epstein, discuss how CFOs and CIOs lead their organizations to better planning, forecasting and performance. Date: Weds. December 8, 2010 Time: 2:00 PM E.S.T Duration: 30 mins In this webcast, Celina Rogers, director of research with CFO Research Services, summarizes the latest findings from a fall 2010 survey surrounding the issues regarding timely, accurate and relevant forecasting and planning. Included in this webcast, you will hear firsthand from Jeff Epstein, CFO of Oracle, on how a senior finance leader can partner successfully with IT to support growth during the course of the economic recovery. Click here, to register for this webcast

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  • The Virtues and Challenges of Implementing Basel III: What Every CFO and CRO Needs To Know

    - by Jenna Danko
    The Basel Committee on Banking Supervision (BCBS) is a group tasked with providing thought-leadership to the global banking industry.  Over the years, the BCBS has released volumes of guidance in an effort to promote stability within the financial sector.  By effectively communicating best-practices, the Basel Committee has influenced financial regulations worldwide.  Basel regulations are intended to help banks: More easily absorb shocks due to various forms of financial-economic stress Improve risk management and governance Enhance regulatory reporting and transparency In June 2011, the BCBS released Basel III: A global regulatory framework for more resilient banks and banking systems.  This new set of regulations included many enhancements to previous rules and will have both short and long term impacts on the banking industry.  Some of the key features of Basel III include: A stronger capital base More stringent capital standards and higher capital requirements Introduction of capital buffers  Additional risk coverage Enhanced quantification of counterparty credit risk Credit valuation adjustments  Wrong  way risk  Asset Value Correlation Multiplier for large financial institutions Liquidity management and monitoring Introduction of leverage ratio Even more rigorous data requirements To implement these features banks need to embark on a journey replete with challenges. These can be categorized into three key areas: Data, Models and Compliance. Data Challenges Data quality - All standard dimensions of Data Quality (DQ) have to be demonstrated.  Manual approaches are now considered too cumbersome and automation has become the norm. Data lineage - Data lineage has to be documented and demonstrated.  The PPT / Excel approach to documentation is being replaced by metadata tools.  Data lineage has become dynamic due to a variety of factors, making static documentation out-dated quickly.  Data dictionaries - A strong and clean business glossary is needed with proper identification of business owners for the data.  Data integrity - A strong, scalable architecture with work flow tools helps demonstrate data integrity.  Manual touch points have to be minimized.   Data relevance/coverage - Data must be relevant to all portfolios and storage devices must allow for sufficient data retention.  Coverage of both on and off balance sheet exposures is critical.   Model Challenges Model development - Requires highly trained resources with both quantitative and subject matter expertise. Model validation - All Basel models need to be validated. This requires additional resources with skills that may not be readily available in the marketplace.  Model documentation - All models need to be adequately documented.  Creation of document templates and model development processes/procedures is key. Risk and finance integration - This integration is necessary for Basel as the Allowance for Loan and Lease Losses (ALLL) is calculated by Finance, yet Expected Loss (EL) is calculated by Risk Management – and they need to somehow be equal.  This is tricky at best from an implementation perspective.  Compliance Challenges Rules interpretation - Some Basel III requirements leave room for interpretation.  A misinterpretation of regulations can lead to delays in Basel compliance and undesired reprimands from supervisory authorities. Gap identification and remediation - Internal identification and remediation of gaps ensures smoother Basel compliance and audit processes.  However business lines are challenged by the competing priorities which arise from regulatory compliance and business as usual work.  Qualification readiness - Providing internal and external auditors with robust evidence of a thorough examination of the readiness to proceed to parallel run and Basel qualification  In light of new regulations like Basel III and local variations such as the Dodd Frank Act (DFA) and Comprehensive Capital Analysis and Review (CCAR) in the US, banks are now forced to ask themselves many difficult questions.  For example, executives must consider: How will Basel III play into their Risk Appetite? How will they create project plans for Basel III when they haven’t yet finished implementing Basel II? How will new regulations impact capital structure including profitability and capital distributions to shareholders? After all, new regulations often lead to diminished profitability as well as an assortment of implementation problems as we discussed earlier in this note.  However, by requiring banks to focus on premium growth, regulators increase the potential for long-term profitability and sustainability.  And a more stable banking system: Increases consumer confidence which in turn supports banking activity  Ensures that adequate funding is available for individuals and companies Puts regulators at ease, allowing bankers to focus on banking Stability is intended to bring long-term profitability to banks.  Therefore, it is important that every banking institution takes the steps necessary to properly manage, monitor and disclose its risks.  This can be done with the assistance and oversight of an independent regulatory authority.  A spectrum of banks exist today wherein some continue to debate and negotiate with regulators over the implementation of new requirements, while others are simply choosing to embrace them for the benefits I highlighted above. Do share with me how your institution is coping with and embracing these new regulations within your bank. Dr. Varun Agarwal is a Principal in the Banking Practice for Capgemini Financial Services.  He has over 19 years experience in areas that span from enterprise risk management, credit, market, and to country risk management; financial modeling and valuation; and international financial markets research and analyses.

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  • The Recovery: New Challenges for your Supply Chain!

    - by [email protected]
    Nearly half of CFOs are planning to reduce their inventory during the first half of 2010 in part due to supply chain improvements that allow them to hold less product, but also because of reduced demand according to Kate O'Sullivan, Sr Editor at CFO Magazine. Her view is based on this quarter's Duke University Global Business Outlook Survey. Highlights: Employment will be a drag on the economy- full-time employment to increase by 1%. Temp hiring to grow <1%, Outsourcing 4%.  70% of CFOs at SMEs say credit conditions are worse then 12 mos ago - placing strains on inventory growth Asia and China finance execs are more optimistic than their EMEA or US counterparts and expect stronger growth in capital spending with a 16% gain Source: "Slouching Towards Recovery", CFO Magazine, April 2010, pgs 19-20    

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  • What languages are most commonly used in medical research?

    - by Chris Taylor
    For someone about to go into a career in medical research, what language would be the most useful to learn? From my limited experience (I have been a researcher in mathematics and in finance) I have been able to recommend looking at R (for statistics) Matlab (for general numeric processing) and Python (for general purpose programming with statistics/numerics as an add-on) but I don't know which of those (if any) are in common use -- or if there are other, more specialized languages that are used. To be clear, I'm not talking about a professional programmer working in a medical setting. I am talking about a medical or genetics researcher who uses programming to analyse data, or generally to help get their work done.

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  • New Exadata, Exalogic, Exalytics Public References

    - by Javier Puerta
    Deutschetelekom (Germany) Exalytics, OBIEE, Essbase, ACS (with partners T-Systems and Deloitte Consulting) - Published: June 04, 2014 Daelim Industrial (Korea) [Korean] Oracle Exalytics, Oracle Exadata, Oracle Hyperion (with partner Kolon Benit) - Published: May 29, 2014 Algar Telecom (Brazil) [also in Portuguese] Oracle Exadata, Oracle Advanced Customer Support Services - Published: May 23, 2014 Globacom (Nigeria) [also in Spanish] Big Data Appliance, NoSQL DB Community Edition, ACS (with partner mCentric, Ltd.) - Published: May 22, 2014 MagtiCom LTD (Georgia) Oracle Exadata, Oracle Consulting (with partner UGT) - Published: May 21, 2014 Hospital Alemão Oswaldo Cruz (Brazil - local language) Oracle Exadata, Oracle Active Data Guard, Oracle ZFS (with partner Teiko) - Published: May 13, 2014 Accelya Kale (India) Oracle Exadata (with partner Softcell Technologies Limited) - Published: May 12, 2014 Autoridade Tributária e Aduaneira (Portugal) [also Portuguese] Exadata, Exalogic (with partner Timestamp) - Published: May 06, 2014 Reliance Commercial Finance (India) Oracle Exadata, Oracle Exalogic, Oracle WebLogic Suite, Oracle Advanced Customer Support Services - Published: May 01, 2014

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  • Live from the #summit13 keynote : 2013-10-17

    - by AaronBertrand
    Douglas McDowell (EVP Finance) takes the stage (no kilt), and talks numbers. PASS has an impressive $1MM in reserves as a "rainy day" fund. Last fiscal year they spent $7.6MM on community; 30% of that internationally. Bill Graziano comes on (no kilt) to say goodbye and thanks to the outgoing board members, Douglas McDowell, Rob Farley and Rushabh Mehta. Thomas LaRock comes on. No kilt , but he did tuck his shirt in . He introduces the incoming executive team. The 2014 PASS Business Analytics Conference...(read more)

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  • Securely expose WebService from Enterprise Network to Internet Client

    - by hotzen
    Are there any standards (or certified solutions) to expose a (Web-)Service to the internet from a very security-sensitive network (e.g. Banking/Finance)? I am not specifically talking about WS-* or any other transport-layer security á la SSL/TLS, rather about important standards or certifications that must be obeyed. Are there any known products (coming from an SAP-environment) that can provide a "high-security proxy" of some sort to expose specific web-services to the internet? Any buzzwords that a CIO/CTO is aware of about this subject?

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  • Get Ready...Oracle CloudWorld is Coming to a City Near You in 2013

    - by Gene Eun
    Is your organization considering the cloud for deploying enterprise applications? Are mobile and social part of your cloud strategy? If you answered YES to either question, then you should plan to join us at an Oracle CloudWorld event, coming to a city near you in 2013. If you attend, you'll get an opportunity to learn firsthand about Oracle Cloud, talk to product experts, see live demos, and network with other industry professionals. By the way, did I mention that Oracle CloudWorld is a FREE event?Whether you're a C-level executive, line of business manager, or hardcore application developer, Oracle CloudWorld will have valuable information for you with keynotes, breakout sessions, demos, and dedicated tracks for: Sales and Marketing Customer Service and Support Finance and Operations Human Resources Application Developers Applications IT Click here to learn more about Oracle CloudWorld, including cities and dates. Hope to see you there!

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  • My Oracle Support E-Business CRM Communities = Answer Hubs

    - by Oracle_EBS
    Want a quick answer to your EBS CRM problem?  Try our My Oracle Support E-Business CRM Communities.  Another avenue to get timely and accurate support and solutions from Oracle Support experts, industry peers and it's searchable to learn from others experiencing the same issues.  Give them a try! Oracle Complex Maintenance, Repair and Overhaul Community Oracle Contracts Community Oracle Depot Repair Oracle Install Base Community Oracle Lease & Finance Community Oracle Mobile Field Service Community Oracle Quoting Oracle Sales and Marketing Oracle Sales Compensation Oracle Service Community Oracle Telesales Oracle Trade Management

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  • Topeka Dot Net User Group (DNUG) Meeting &ndash; April 6, 2010

    Topeka DNUG is free for anyone to attend! Mark your calendars now! SPEAKER: Troy Tuttle is a self-described pragmatic agilist, and Kanban practitioner, with more than a decade of experience in delivering software in the finance and health industries and as a consultant. He advocates teams improve their performance through pursuit of better practices like continuous integration and automated testing. Troy is the founder of the Kansas City Limited WIP Society and is a speaker at local area groups...Did you know that DotNetSlackers also publishes .net articles written by top known .net Authors? We already have over 80 articles in several categories including Silverlight. Take a look: here.

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  • How can I share my python scripts with my less python-savvy business person partner?

    - by Alex
    I'm taking financial mathematics as an elective, and I'm working with real life finance industry worker type people. It's actually kind of fun. When I pulled out a macbook at one of our meetings, I had four lifelong windows users look at me like I had three heads. Anyway, I'm helping with design and simulation of our trading strategy, and I wrote a little thing using matplotlib to visualize historical stock data. However, these guys don't know how to use git, or install python, or deal with path-related package management things. I need to be able to send my scripts to them to use, and I need to do it with absolutely minimal effort on their part. I was thinking something on the lines of py2exe, but I'd like to hear some advice before I go ahead.

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  • Topeka Dot Net User Group (DNUG) Meeting &ndash; April 6, 2010

    Topeka DNUG is free for anyone to attend! Mark your calendars now! SPEAKER: Troy Tuttle is a self-described pragmatic agilist, and Kanban practitioner, with more than a decade of experience in delivering software in the finance and health industries and as a consultant. He advocates teams improve their performance through pursuit of better practices like continuous integration and automated testing. Troy is the founder of the Kansas City Limited WIP Society and is a speaker at local area groups...Did you know that DotNetSlackers also publishes .net articles written by top known .net Authors? We already have over 80 articles in several categories including Silverlight. Take a look: here.

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  • Is it best to try to work at a company where your software directly makes the company money?

    - by Ryan Hayes
    I was told once that the best place to work as a developer is a company where the software you write is what makes the company money, whether it be software production or software services like consulting. This is opposed to a company where the software you write is just to support some other part of the business that makes the money, like manufacturing or finance. I know there are always exceptions, but in general, are employees treated better if they are on the front lines of profit generation, as opposed to being just another cost center? cost center (n.) - A cost center is part of an organization that does not produce direct profit and adds to the cost of running a company. Examples of cost centers include research and development departments, marketing departments, help desks and customer service/contact centers.

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  • Shallow Copy vs DeepCopy in C#.NET

    Hope below example helps to understand the difference. Please drop a comment if any doubts. using System; using System.IO; using System.Runtime.Serialization.Formatters.Binary; namespace ShallowCopyVsDeepCopy {     class Program     {         static void Main(string[] args)         {             var e1 = new Emp { EmpNo = 10, EmpName = "Smith", Department = new Dep { DeptNo = 100, DeptName = "Finance" } };             var e2 = e1.ShallowClone();             e1.Department.DeptName = "Accounts";             Console.WriteLine(e2.Department.DeptName);             var e3 = new Emp { EmpNo = 10, EmpName = "Smith", Department = new Dep { DeptNo = 100, DeptName = "Finance" } };             var e4 = e3.DeepClone();             e3.Department.DeptName = "Accounts";             Console.WriteLine(e4.Department.DeptName);         }     }     [Serializable]     class Dep     {         public int DeptNo { get; set; }         public String DeptName { get; set; }     }     [Serializable]     class Emp     {         public int EmpNo { get; set; }         public String EmpName { get; set; }         public Dep Department { get; set; }         public Emp ShallowClone()         {             return (Emp)this.MemberwiseClone();         }         public Emp DeepClone()         {             MemoryStream ms = new MemoryStream();             BinaryFormatter bf = new BinaryFormatter();             bf.Serialize(ms, this);             ms.Seek(0, SeekOrigin.Begin);             object copy = bf.Deserialize(ms);             ms.Close();             return copy as Emp;         }     } } span.fullpost {display:none;}

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  • Le projet Quaero s'impose dans l'analyse des contenus multimédia, et apporte de nouvelles technologi

    Le projet Quaero s'impose dans l'analyse des contenus multimédia, et apporte de nouvelles technologies innovantes Le projet franco-allemand Quaero s'impose dans l'analyse des contenus multimédias depuis 2008. Ce programme de recherche, décrit comme un «*accélérateurde l'innovation en Europe*», est en pleine ébullition depuis deux ans. Financé à hauteur de 40 millions d'euros annuel, il a généré*230 publications,*19 distinctions*dans des conférences ; et ses laboratoires ont produit 45 nouvelles technologies.* Des industriels partenaires financent et portent certains projets de la recherche vers l'industrie. Certaines technologies sont donc déjà en service, comme par exemple celle développée par Exalead permettant de ...

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  • Learning low latency C++ and Java?

    - by user997112
    I'm currently in a role where I dont get to write any C++ or Java. However, the role is good because provides me with exposure to the business side (i'm interested in finance). Eventually I would like to get into high frequency trading infrastructure. Therefore, outside of work hours i'd like to maximise the knowledge I can gain about high performance Java and C++. I already have the Java Performance Tuning book, which is ok but not impressive. Can people recommend anymore latency blogs/books/websites for learning about making C++/C/Java or even Unix very fast? Or perhaps making the network parts of the OS (if re-writing Unix components) faster? EDIT: Or perhaps we could make this THE thread for advice on writing fast code

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  • Getting Started with Oracle Fusion Financials

    Designed from the ground-up using the latest technology advances and incorporating the best practices gathered from Oracle's thousands of customers, Fusion Applications are 100 percent open standards-based business applications that set a new standard for the way we innovate, work and adopt technology. Delivered as a complete suite of modular applications, Fusion Applications work with your existing portfolio to evolve your business to a new level of performance. In this AppCast, part of a special series on Fusion Applications, you hear about the unique advantages of Fusion Financials, learn about the scope of the first release and discover how Fusion Financials modules can be used to complement and enhance your existing finance solutions.

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  • Help Improve Oracle Products Usability at OOW

    - by Shay Shmeltzer
    We already wrote about all the great ADF related activities at OOW. But we wanted to also let you know about an additional activity you can participate in at OpenWorld: The Oracle Middleware User Experience team will be conducting focus groups and customer feedback activities at Oracle OpenWorld 2012 (Oct. 1st - Oct. 3rd). Customer participation helps Oracle develop outstanding products and solutions. Professionals of all types are invited to participate: Directors, Project & Product Managers, Finance, Sales, Human Resources, Marketing, Recruiters, Budget Managers,  and more. **To participate in these sessions you do not have to be registered for Oracle OpenWorld.** If you or someone you know is interested in participating, please email [email protected] with the following information: Name: Company Name:  Job Title: Email: Phone Number (work, mobile, include country code):

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  • Programming a trading strategy

    - by Rob
    Excuse me if I'm not descriptive enough, as I do not have much of a background when it comes to these things: How would I go about coding a primitive trading strategy and link it to some sort of artificial trading environment? Where do I start, and what are some other essential questions I should be asking? I am interested more in doing this because it interests me than making returns. Ideally it utilizes random/historical market data and doesn't actually execute any real trades. My background: I'm almost done my undergrad degree in computer science, and have had intro finance and economic courses. Familiar mostly with C and Java.

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