Book descriptionThis book is an essential read for any professional dealing with data and information challenges.
Imagine a collection of villages all beset upon by monsters. One village defeats their monsters using silver bullets. They convince all surrounding villages that their solution should be the only standard. The next village uses silver bullets to repel the monsters but fail! Why? Because the first village was fighting werewolves, the second village was fighting vampires.
This is our data challenge–recognizing not all problems are the same - and there are no single silver bullet solutions. There are many communities within financial services, each with nuanced needs that require slightly different solutions to address what may look like the same problem.
The financial services industry is unique for being based upon information and communication. It is the failure in understanding that multiple existing financial languages exist and pursuing interoperability that sits at the crux of financial crisis – not the lack of a single unified financial language. This book is an essential read for any professional dealing with data and information challenges.
The author presents a new, unique approach to broad industry issues, leveraging applied linguistics and discusses how to break barriers that exist between language and data; the aim to make it easier for the financial industry (including regulators) to communicate - for the benefit of all investors. Unconventional in the cross-disciplinary pairing of applied linguistics and financial services, it is practical and intuitive in pursuing solutions. While focused on financial services, the approach is relevant for other industries that have similar challenges.
Table of contents
- Half-Title Page
- Title Page
- Chapter 1 Introduction
- Chapter 2 Defining Financial Services: Roles and Interactions
- Chapter 3 An Introduction to Applied Linguistics
- Chapter 4 Intermission
- Chapter 5 Firm Type: Perspectives, Roles, and Languages
- Chapter 6 Front/Middle/Back Office/Enterprise (Silo Versus Cross-Silo)
- Chapter 7 Asset Class CoPs
- Chapter 8 The Investment Roadmap
- Chapter 9 Cross Border and Domestic Communities
- Chapter 10 Standards: Background
- Chapter 11 Standards in 2020 Financial Services
- Chapter 12 The Regulatory Community
- Chapter 13 Applying Communities of Practice
- Chapter 14 The Modest Proposal
- Appendix A
- About the Author
- Title: Understanding the Financial Industry Through Linguistics
- Release date: May 2021
- Publisher(s): Business Expert Press
- ISBN: 9781637420591
You might also like
51+ hours of video instruction. Overview The professional programmer’s Deitel® video guide to Python development with …
Clean Code: A Handbook of Agile Software Craftsmanship
Even bad code can function. But if code isn't clean, it can bring a development organization …
Python for Programmers, First Edition
The professional programmer's Deitel® guide to Python® with introductory artificial intelligence case studies Written for programmers …
Hands-On Machine Learning with Scikit-Learn, Keras, and TensorFlow, 2nd Edition
Through a series of recent breakthroughs, deep learning has boosted the entire field of machine learning. …