Interoperability of Databases on the Web in finance decision support Prof. Dale Dzemydiene [email protected].

Interoperability of Interoperability of Databases on the Web in Databases on the Web in finance decision support finance decision support

Prof. Dale DzemydieneProf. Dale Dzemydiene

[email protected]@mruni.lt

INTERNATIONAL FINANCE HIGHWAYS: 1

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INTERNATIONAL FINANCE HIGHWAYS: INTERNATIONAL FINANCE HIGHWAYS: TASKS AND AIMS OF THE SUBJECTTASKS AND AIMS OF THE SUBJECT

1. New opportunities of finance operations within web nets: all continents, 24 hours, 365 days; newest statistical data, quick global indicators.

2. Real time derivative operations and widening of financial risks’ evaluations.

3. Web Finance yellow pages – not enough professional evaluations,week special differentiation (p. ex. real estate evaluations).

4. As Internet highways we mean specialized groups of oriented servers or specifical information DB nets with adequate retrieval systems.


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INTERNATIONAL FINANCE HIGHWAYS: INTERNATIONAL FINANCE HIGHWAYS: TASKS AND AIMS OF THE SUBJECTTASKS AND AIMS OF THE SUBJECT

5. Criterial systems of retrieval guides as waymarks for better surfing within interconnected banking, investment and commercial law fields.

6. Comparisons of various international taxonomies: Descriptors of economic classification subjects JEL, WebEC, WebFin a.o.

7. Business, commerce, their consulting and economic analysis DB on Web. DB on management and marketing, business standards, foreign trade and fright.


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REQUIREMENTS TO STUDENTSREQUIREMENTS TO STUDENTS

TO PRESENT ONE TERM PAPER AFTER FIRST MONTH (10TO PRESENT ONE TERM PAPER AFTER FIRST MONTH (10thth

March, about 10-12 slides of diagrams, statistics or web March, about 10-12 slides of diagrams, statistics or web

sites not repeating lectures) on some special fields of sites not repeating lectures) on some special fields of

finance web (securities exchanges, money funds or other finance web (securities exchanges, money funds or other

investment operations).investment operations).

To discuss it openly at the presentation on Tuesdays To discuss it openly at the presentation on Tuesdays

seminars.seminars.

The marks for best papers can be taken as a basis for The marks for best papers can be taken as a basis for

final evaluations. final evaluations.

All presentations have to documented in detail.All presentations have to documented in detail.

Subject of papers follow the structure of course (below).Subject of papers follow the structure of course (below).


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STRUCTURE OF COURSE: 1STRUCTURE OF COURSE: 1subjects of infosearchsubjects of infosearch

Monetary policy on WebMonetary policy on Web::Site maps of Site maps of BIS - BIS - Bank for International SettlementsBank for International SettlementsThe Bank for International Settlements (BIS) is an international The Bank for International Settlements (BIS) is an international

organisation which fosters international monetary and financial organisation which fosters international monetary and financial cooperation and serves as a bank for central banks. cooperation and serves as a bank for central banks.

The BIS fulfils this mandate by acting as: The BIS fulfils this mandate by acting as: a forum to promote discussion and policy analysis among central a forum to promote discussion and policy analysis among central

banks and within the international financial community; banks and within the international financial community; a centre for economic and monetary research; a centre for economic and monetary research; a prime counterparty for central banks in their financial a prime counterparty for central banks in their financial

transactions; transactions; agent or trustee in connection with international financial agent or trustee in connection with international financial

operations. operations. As its customers are central banks and international organisations, As its customers are central banks and international organisations,

the BIS does not accept deposits from, or provide financial services the BIS does not accept deposits from, or provide financial services to, private individuals or corporate entities. The BIS strongly to, private individuals or corporate entities. The BIS strongly advises caution against advises caution against fraudulent schemesfraudulent schemes. .


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Monetary policy on WebMonetary policy on Web::

FRS - Company: FRS - Company: F R SF R S - - FinanceFinance Recruitment Solutions, Recruitment Solutions,

ECB – European Central Bank, the Web ECB – European Central Bank, the Web site of the site of the ECBECB provides extensive provides extensive information on the information on the ECBECB and the and the European System of Central Banks, European System of Central Banks, ESCB. ESCB.

, ,


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IMF- International Monetary Fund IMF- International Monetary Fund The International Monetary Fund (IMF) The International Monetary Fund (IMF)

is an organization of 185 countries, is an organization of 185 countries, working to foster global monetary working to foster global monetary cooperation, secure financial cooperation, secure financial stability, facilitate international stability, facilitate international trade, promote high employment and trade, promote high employment and sustainable economic growth, and sustainable economic growth, and reduce poverty around the world.reduce poverty around the world.


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What the IMF- International What the IMF- International Monetary Fund DoesMonetary Fund Does

IMF The work of the IMF is of three main types:IMF The work of the IMF is of three main types: SurveillanceSurveillance involves the monitoring of economic involves the monitoring of economic

and financial developments, and the provision of and financial developments, and the provision of policy advice, aimed especially at crisis-prevention. policy advice, aimed especially at crisis-prevention.

The IMF also The IMF also lendslends to countries with balance of to countries with balance of payments difficulties, to provide temporary payments difficulties, to provide temporary financing and to support policies aimed at financing and to support policies aimed at correcting the underlying problems; loans to low-correcting the underlying problems; loans to low-income countries are also aimed especially at income countries are also aimed especially at poverty reduction. poverty reduction.

Third, the IMF provides countries with Third, the IMF provides countries with technical assistancetechnical assistance and training in its areas of and training in its areas of expertise.expertise.

Supporting all three of these activities is IMF work Supporting all three of these activities is IMF work in economic in economic researchresearch and and statisticsstatistics..


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The World Bank is a vital source of financial and The World Bank is a vital source of financial and technical assistance to developing countries technical assistance to developing countries around the world. We are not a bank in the around the world. We are not a bank in the common sense. We are made up of two unique common sense. We are made up of two unique development institutions owned by 185 development institutions owned by 185 member countries—the member countries—the International Bank for Reconstruction and DeveInternational Bank for Reconstruction and Development (IBRD)lopment (IBRD) and the and the International Development Association (IDA)International Development Association (IDA)..

WB a/o centers of Intl Finances.WB a/o centers of Intl Finances. Web pages for Central Banking.Web pages for Central Banking. DB of International Money Markets, DB of International Money Markets,

Commercial and Investment Banking Commercial and Investment Banking


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Stock a/o Exchanges on WebStock a/o Exchanges on Web

Stock a/o Exchanges on WebStock a/o Exchanges on WebSite maps of Site maps of NYSE - NYSE Euronext, the holding company created by NYSE - NYSE Euronext, the holding company created by

the combination of NYSE Group, Inc. and Euronext N.V., the combination of NYSE Group, Inc. and Euronext N.V., was launched on April 4, 2007. NYSE Euronext was launched on April 4, 2007. NYSE Euronext (NYSE/New York and Euronext/Paris: NYX) operates the (NYSE/New York and Euronext/Paris: NYX) operates the world ' s largest and most liquid exchange group and world ' s largest and most liquid exchange group and offers the most diverse array of financial products and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives equities exchanges in five countries and six derivatives exchanges, is a world leader for listings, trading in cash exchanges, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and equities, equity and interest rate derivatives, bonds and the distribution of market data. the distribution of market data.


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Stock a/o Exchanges on WebStock a/o Exchanges on Web

AMEX- NYSE Euronext (NYX), the world's leading and most AMEX- NYSE Euronext (NYX), the world's leading and most diverse exchange group, completed its acquisition of the diverse exchange group, completed its acquisition of the American Stock Exchange® (Amex®), becoming the third-American Stock Exchange® (Amex®), becoming the third-largest U.S. options marketplace and enhancing the largest U.S. options marketplace and enhancing the company's leadership in ETFs, cash equities, closed-end company's leadership in ETFs, cash equities, closed-end funds and structured products.funds and structured products.

As a result, NYSE Euronext has begun to integrate amex.com As a result, NYSE Euronext has begun to integrate amex.com content and data into the nyse.com website. Effective the content and data into the nyse.com website. Effective the close of business, Friday, January 16, 2009, amex.com will close of business, Friday, January 16, 2009, amex.com will be phased out. NYSE website links for the most frequently be phased out. NYSE website links for the most frequently accessed information and data on amex.com can be found accessed information and data on amex.com can be found below:below:

US Stock QuotesUS Stock Quotes BondsBonds EquitiesEquities Exchange Traded ProductsExchange Traded Products IndicesIndices OptionsOptions , ,


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Stock a/o Exchanges on WebStock a/o Exchanges on WebNASDAQ - Stock Market - Official site of The NASDAQ - Stock Market - Official site of The NASDAQNASDAQ Stock Market Stock Market

featuring free stock quotes, stock exchange prices, stock market news, featuring free stock quotes, stock exchange prices, stock market news, and online stock .and online stock .

EuroNext -EuroNext -Euronext Euronext N.V.N.V. is a pan- is a pan-EuropeanEuropean stock exchangestock exchange based in based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Paris[1] and with subsidiaries in Belgium, France, Netherlands, Luxembourg, Portugal and the United Kingdom. In addition to equities Luxembourg, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and and derivatives markets, the Euronext group provides clearing and information services. As of 31 January 2006, markets run by Euronext information services. As of 31 January 2006, markets run by Euronext had a market capitalization of US$2.9 trillion, making it the 5th largest had a market capitalization of US$2.9 trillion, making it the 5th largest exchange on the planet.[2] Euronext merged with NYSE Group to form exchange on the planet.[2] Euronext merged with NYSE Group to form NYSE Euronext, the "first global stock exchange".NYSE Euronext, the "first global stock exchange".

Information Sites of main investment funds and Services of investment Information Sites of main investment funds and Services of investment bankingbanking

Financial Intermediation, Accounting and Consulting SitesFinancial Intermediation, Accounting and Consulting Sites Intermediation and Consulting on WebIntermediation and Consulting on Web Accounting and AuditingAccounting and Auditing

Insurance DB Net on WWWInsurance DB Net on WWWE-trade and Marketing DB on WebE-trade and Marketing DB on WebReal Estate and Hypothecation DBsReal Estate and Hypothecation DBs


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STRUCTURE OF COURSE: 2STRUCTURE OF COURSE: 2conceptual instrumentsconceptual instruments

Currency DB on WWW.Currency DB on WWW.

Financial Calculators and their sites.Financial Calculators and their sites.

International Business, Evaluation and Accounting Standards .International Business, Evaluation and Accounting Standards .

Intellectual Property Criteria and Knowledge Society DBs.Intellectual Property Criteria and Knowledge Society DBs.

Statistical DB:Statistical DB: Eurostat, ECB, IMF and National StatisticsEurostat, ECB, IMF and National Statistics

Business and Finance Law on WWW.Business and Finance Law on WWW.

Economic and Financial Terms and Translation Servers Economic and Financial Terms and Translation Servers

SUMMARY: GLOBALIZATION AND STRATEGIC DEVELOPMENT OF SUMMARY: GLOBALIZATION AND STRATEGIC DEVELOPMENT OF ECONOMIC AND FINANCIAL DB ON WEBECONOMIC AND FINANCIAL DB ON WEB


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Parameters of Web possibilities:Parameters of Web possibilities:

Google every day presents 100-150 Mln. search results from more than 1.5 Bln. Google every day presents 100-150 Mln. search results from more than 1.5 Bln. Web pages.Web pages.

Google finds about Google finds about 275 Mln275 Mln. pages using key term . pages using key term Economics Economics andand 464 Mln. – 464 Mln. – Finance, 347 Mln – Investments.Finance, 347 Mln – Investments.

Cross-checking search – both textual and graphical, helping searches within three-Cross-checking search – both textual and graphical, helping searches within three-dimensional objects (also illustrations) – p. ex., A9.com. dimensional objects (also illustrations) – p. ex., A9.com.

Last one helps to organize search surrounding according to Your needs:Last one helps to organize search surrounding according to Your needs:


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SOME OTHER SEARCH SERVERS:1SOME OTHER SEARCH SERVERS:1


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SOME OTHER SEARCH SERVERS: 2SOME OTHER SEARCH SERVERS: 2


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SOME SEARCH ASSOCIATIONSSOME SEARCH ASSOCIATIONS


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FIELDS OF ECONOMICS WITHIN GOOGLEFIELDS OF ECONOMICS WITHIN GOOGLE


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SOME ECONOMIC CONSULTING SITESSOME ECONOMIC CONSULTING SITES


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SEARCH OF INTELLECTUAL ECONOMIC RESOURCES IN NY UNIVERSITYSEARCH OF INTELLECTUAL ECONOMIC RESOURCES IN NY UNIVERSITYwww.oswego.eduwww.oswego.edu


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SOCIAL SCIENCES INFOHIGHWAY:SOCIAL SCIENCES INFOHIGHWAY:


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REUTERS.com site plan: About itREUTERS.com site plan: About it


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REUTERS.com site plan: InvestorsREUTERS.com site plan: Investors


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REUTERS.com site plan: FinDataREUTERS.com site plan: FinData


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REUTERS.com : interconnected 4000 infositesREUTERS.com : interconnected 4000 infosites


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REUTERS.com : other interconnected infositesREUTERS.com : other interconnected infosites


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Site of European Business SchoolSite of European Business School


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Lycos business data search site structureLycos business data search site structure

Interoperability of Databases on the Web in finance decision support Prof. Dale Dzemydiene [email protected].

Documents

international finance

international settlementsbank

international trade

international organisations

web nets

web finance yellow pages

web sites

monetary research