E-Book, Englisch, 408 Seiten, E-Book
Bradford The Investment Industry for IT Practitioners
1. Auflage 2012
ISBN: 978-1-119-94141-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
An Introductory Guide
E-Book, Englisch, 408 Seiten, E-Book
Reihe: SII Series on Financial Services Operations
ISBN: 978-1-119-94141-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
Giving IT professionals in financial services firms a rounded andcomprehensive grounding in their knowledge of their industry, thisbook offers a primer on the major financial instruments,transactions, and processes, as well as a sound knowledge of theprinciples of good IT management in the industry.
The book gives readers a clear understanding of equities, bonds,currencies, listed derivatives and OTC derivatives. It explainstransactions in those instruments and the requirements of businesssystems that process these transactions. Transactions coveredinclude (inter-alia) agency and principal purchases and sales,loans and deposits, repos and reverse repos, stock loans; and alsothe Sharia-compliant 'Islamic' transactions that may be used asalternatives to interest bearing transactions.
Andrew Bradford gives an introduction to how investment firms areregulated; offers an understanding of the STP(Straight-through-Processing) concept following the trade cycle forthe transactions from order through to execution throughpre-settlement to final settlement; covers basic accountingprocedures for the transactions; and conveys the basic principlesof good IT management in the investment industry.