tag:blogger.com,1999:blog-1684157780354336888.post4025979796738913441..comments2024-03-28T13:26:56.959+01:00Comments on Physics Perspective: Megabanks: too complex to manageMark Buchananhttp://www.blogger.com/profile/11288455251267863265noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1684157780354336888.post-20554942219835378062018-06-06T14:02:12.024+02:002018-06-06T14:02:12.024+02:00Thank you for sharing such valuable and helpful in...Thank you for sharing such valuable and helpful information and knowledge! This gives us more insights and inspiration. Looking forward to seeing more updates from you.<br /><br /><a href="http://www.parisfinancial.com.au/who-we-are/experience-counts/" rel="nofollow">Small Business Accounting</a>Nina Athenahttps://www.blogger.com/profile/11942457078940283392noreply@blogger.comtag:blogger.com,1999:blog-1684157780354336888.post-26447883529434624392017-10-26T08:04:02.627+02:002017-10-26T08:04:02.627+02:00Very Useful information Thank you!!
#TWB_’s #conte...<br />Very Useful information Thank you!!<br />#TWB_’s #content helps our customers differentiate their products and companies (#TWB_ #Marketing #Content) through Product <br /><br />Datasheets, Brochures & Flyers, White Papers, Case Studies, CxO speak; TWB_ makes the transition to new technology easier <br /><br />(TWB_ Product & Process Content) through Product Documentation.<br /><a href="http://www.twb.in/industries/banking-financial/" rel="nofollow"> Investment decisions on complex financial products | Policies <br /><br />Adherence|</a><br />World Trending Topicshttps://www.blogger.com/profile/01021099947275261637noreply@blogger.comtag:blogger.com,1999:blog-1684157780354336888.post-24264556173198353772016-12-06T19:11:21.651+01:002016-12-06T19:11:21.651+01:00I appreciate your efforts in preparing this post. ...I appreciate your efforts in preparing this post. I really like your blog articles. <a href="http://www.sopwriting.net/writing-a-statement-of-interest-for-internship/" rel="nofollow">statement of interest for internship</a><br />aliyaahttps://www.blogger.com/profile/06184256288293330921noreply@blogger.comtag:blogger.com,1999:blog-1684157780354336888.post-71340531887170563052014-06-20T16:45:33.255+02:002014-06-20T16:45:33.255+02:00It’s too difficult to manage megabanks because the...It’s too difficult to manage megabanks because there are too much borrowers. I hate our banks because of too long queues. You should have take a lot of papers with you for taking loan. And also the rates of these loans are high. I use <a href="http://northandloans.ca/" rel="nofollow">payday loans Canada </a> and don’t think about rising rates. Of course these loans are not long-term and the sums are not so big but it is more comfortable for me to use. Anonymoushttps://www.blogger.com/profile/16129023747891830441noreply@blogger.comtag:blogger.com,1999:blog-1684157780354336888.post-24183284411074750152014-05-09T05:18:28.497+02:002014-05-09T05:18:28.497+02:00I wanted to thank you for this great read!! I defi...I wanted to thank you for this great read!! I definitely enjoyed every little bit of it. 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This brings up s...Thank you very much for the link. This brings up such a raft of issues it's hard to know where to start.<br /><br />The period of the late 80s and early 90s will go down as a crucial one in my estimation. It was at that time that computer memory finally became cheap enough to allow Windows to function like a real operating system. It was also just after the release of the Internet protocols to the public. Finally, the first graphical web browser was made available in the early 90s.<br /><br />I'd already become aware of the fact that spreadsheets were being universally adopted by investment houses. It can't be any surprise that the development trajectory for ever-more complex financial instruments grows steeply from then on given all that global computing power sitting on endless desktops across the financial universe, every bit of it linked to a global computing environment.<br /><br />The idea of developing and managing such investments using nothing more than the ad-hoc processes and tools available in spreadsheets is very seductive. It's also extremely dangerous. Moreover, the overwhelming speed of adoption for the global internet and its protocols meant that this ad-hoc process would never be formalized. This industry got blindsided just as publishing, music, merchandising, and many other businesses have.<br /><br />The stark fact it that, at this point, that process can't be formalized. The constant need to innovate on ever and ever thinner margins guarantees that these highly paid digital minions will be chained to those spreadsheets forever, even as errors proliferate. There is little testing and very little debugging. In short there is no lifecycle management. That is deadly and it is not sustainable for any length of time. But it's not the biggest danger.<br /><br />That prize goes to a little-understood fact, one that you're blog goes a long way towards publicizing: the dynamics of these systems are now intertwined - thanks to that same networked computing power. It really is all one, an ecosystem. The banking and financial sector needs to understand that it is no longer just about competing against the guys and gals across the street, or a few routers down the line. The investment pools are global, the danger is global, because the damage will be global. The dynamics are global. We need to stop pretending otherwise.<br /><br />This will be difficult enough to figure out with simple agents. To allow these bloated, overly complex entities to be major players is a major mistake. It's one that we'll continue to pay for till they are broken up. Gigantism is not a virtue, far from it. We need a different understanding of the world, a world where networked agents scale up into larger and larger aggregations with emergent properties. That's a vastly different world than the one which existed even 20 years ago.<br /><br />Anonymoushttps://www.blogger.com/profile/14450473673434261689noreply@blogger.com