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Technology, while a powerful modernizing force, cannot be implemented in a vacuum. In financial and commodity markets, as in most other industries, technology becomes valuable only when applied to business issues. Cost pressures, impending regulatory changes, low trading volumes, and regulation  have combined to create a dangerous crisis of confidence. In cooperation with the business side, advances in technology have the power to help the …

Forecasting cash flows The initial step in the valuation process. In order to forecast cash flows, it is important to: Precisely define the components of cash flow. Develop statistical tools to aid in forecasting cash flows. Analyze different types of annuities, which are structured series of cash flows. We mathematically derive the cash flow statement as the result of creating and manipulating a …

Choosing a Linux distribution If you’re new to Linux you’ll face a choice between some unfamiliar distributions. In this article we try to de-mystify those choices. So many options When you’re creating a server instance you have to choose what Linux distribution you want to run. Fortunately the distributions all share a lot of common functionality. They mostly differ in …

Pricing theory for derivative securities is a highly technical topic in finance. Its foundations rely on trading practices and its theory relies on advanced methods from stochastic calculus and numerical analysis. Financial assets are subdivided into several classes, some being quite basic while others are structured as complex contracts referring to more other assets. Examples of elementary asset classes include stocks, which are ownership …