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July 2012 Blog Posts (2)

Standards and data flows

Three assertions that I hold to be true:

  1. The understanding of the flow of data is fundamental to an organization’s financial well-being. [more]
  2. Business resources, including people and IT assets, are either providers of data, consumers of data, or they provide the conduit through which the data can flow. […
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Added by Paul Wallis on July 18, 2012 at 4:00 — No Comments

What explains the IT problems in banks?

The citizens of both California and Japan live in the shadow of ‘The Big One’ – earthquakes of catastrophic and devastating power that will inevitably occur, one day.

 

Before these events, numerous ‘foreshocks’ will take place, smaller earthquakes, associated in time and space with the ‘mainshock’.

 

Unless things change, the finance sector will one day suffer its own ‘Big One’ – a combination of events that will cause…

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Added by Paul Wallis on July 4, 2012 at 4:18 — No Comments

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