Enterprise applications and services in the finance industry : 3rd international workshop, FinanceCom 2007 : Montreal, Canada, December 8, 2007 : revised papers

This book contains the revised papers of the 3rd International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2007, held in Montreal, Canada, in December 2007. The volume presents one invited paper on Technology for Trading and 11 contributions, which were selected from 35 submissions. The papers presented in this volume all deal with innovative applications of novel technology such as, e.g. service-oriented architectures or grid computing in banking and finance, and are grouped in sections on Trading Models and Concepts; Banks, IT-Architecture and Settlement; Business Networks and Payment Systems; and Information Risk and Customer Management. Front Matter....Pages - Flexible VWAP Executions in Electronic Trading....Pages 1-14 A Process Model for Best Execution....Pages 15-31 Transferring Portfolio Selection Theory to Customer Portfolio Management – The Case of an e-Tailer....Pages 32-49 Trends in European Cross-Border Securities Settlement – TARGET2-Securities and the Code of Conduct....Pages 50-65 General Requirements of Banks on IT Architectures and the Service-Oriented Architecture Paradigm....Pages 66-80 IT Capabilities and Organizational Change: Digging Deeper into the Banking Industry....Pages 81-96 Cash Tokens for SAML Based Federations....Pages 97-111 Foreign Delisting and Domestic Stock Value: Multiple Frameworks, Different Views?....Pages 112-135 Instruments for an Integrated Business Network Redesign in the Financial Industry....Pages 136-150 Explaining the Adoption of Value Metrics in Retail Banks’ Customer Management....Pages 151-164 Information Risk in Financial Institutions: Field Study and Research Roadmap....Pages 165-180 Technology for Trading: What Works and What Fails....Pages 181-189 Back Matter....Pages - This book constitutes the proceedings of the 6th International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2012, held in Barcelona, Spain, on June 10, 2012. The workshop spans multiple disciplines, including technical, service, economic, sociological, and behavioral sciences. It reflects on technologically enabled opportunities, implications, and changes due to the introduction of new business models or regulations related to the financial services industry and the financial markets. The seven papers presented were carefully reviewed and selected from numerous submissions. The topics covered are: news and text analysis; algorithmic and high-frequency trading; and the role and impact of technology.