The ‘Volcker rule’, named after Paul Volcker, head of the newly formed Economic Recovery Advisory Board to the President, was outlined by Barack Obama on 21 January, proposing a ban on banks owning their own proprietary trading operations.The objective behind the rule seems sensible: to put a stop to those investment banks that, during the crisis... Plačiau
2010 04 22

Cloud nine

Cloud computing is the much-hyped model of internet-based computing that allows companies to access a range of platforms and applications without hosting them themselves. It combines familiar IT outsourcing benefits with advantages peculiar to flexible remote hosting. Firms employing cloud computing solutions need not develop, implement, maintain or upgrade their technology. Rather, they can leave this to the diverse providers and applications that populate the ‘cloud’. Plačiau