May 2004 - Vol. 47 No. 5

May 2004 issue cover image

Features

Opinion Editorial pointers May 1 2004

Editorial Pointers

Information and communication technologies (ICTs) have shaken the financial services industry to its deeply entrenched roots. Gone are the days of traditional banking, insurance, and brokerage transactions. In their wake is a global market of business opportunities with ICTs enabling the convergence of an expansive array of integrative financial services and new strategic directions for […]

Diane Crawford

Computing Applications

News News track May 1 2004

Great concerts will soon produce more lasting memories when clubs and concert halls are equipped with digital kiosks enabling concertgoers to download a recording of the show to a small USB drive almost immediately after the performance. San Diego-based eMusic Live, one of a growing number of music distributors pioneering instant digital recordings, has opened […]

CACM Staff

Computing Applications

Opinion Forum May 1 2004

I have found that LOC, as discussed in Phillip G. Armour’s "The Business of Software" column (Mar. 2004), is only weakly correlated with software functionality and complexity and not a useful metric for estimating system size. Systems with greater functionality generally have a greater LOC count, while the functionality-LOC relationship is overwhelmed by a number […]

Diane Crawford

Computing Applications

Opinion Staying connected May 1 2004

Reports of the demise of the telecom industry have been greatly exaggerated.

Meg McGinity

Architecture and Hardware

Practice Practical programmer May 1 2004

Matching Methodology to Problem Domain

Soliciting advice on choosing and applying appropriate software development methodologies.

Robert L. Glass

Computing Applications

Opinion Viewpoint May 1 2004

Wanted: Public Policies that Foster Creation of Knowledge

Don't enact laws and regulations that prevent or inhibit access to the facts and ideas needed for scientific research.

Jeff Grove

Computing Applications

Research and Advances New architectures for financial services May 1 2004

The financial services industry is in transition. Traditionally, financial services have been structured into four broad industry sectors: banking, insurance, equities/stock brokerage, and transaction services. The recent confluence of three trends---deregulation, globalization, and spread of information and communication technologies (ICTs)---has created new business opportunities. Deregulation has made it possible for financial service providers to expand their portfolio of services beyond their traditional sectorial offerings, while also allowing a variety of non-traditional participants to enter the financial services market. Concurrently, international and global trade agreements, for example, within the European Union, World Trade Organization, and the United Nations are attempting to harmonize regulations and standards across nations. Specification of international bank account formats, standardization of transaction interfaces for cross-bank and cross-national payments, security, and common customer-data privacy regulations are examples of such attempts at harmonization.

Kuldeep Kumar and Jos van Hillegersberg

Architecture and Hardware

Research and Advances New architectures for financial services May 1 2004

Success and Failure in Web-Based Financial Services

Examining the financial viability of the underlying business model.

Krishnan Dandapani

Architecture and Hardware

Research and Advances New architectures for financial services May 1 2004

Flexible Value Structures in Banking

How service-oriented architectures can help achieve the business objectives of the transformation process in banking.

Ulrich Homann, Michael Rill, and Andreas Wimmer

Architecture and Hardware

Research and Advances New architectures for financial services May 1 2004

An Alternative Architecture For Financial Data Integration

Exploring a new paradigm for mediated data integration.

Alberto Pan and Ángel Viña

Computing Applications

Research and Advances New architectures for financial services May 1 2004

Mobile Banking Services

Adopting new and innovative mobile financial applications and service provisioning methods.

Niina Mallat, Matti Rossi, and Virpi Kristiina Tuunainen

Architecture and Hardware

Research and Advances New architectures for financial services May 1 2004

Odc: a Global It Services Delivery Model

Achieving organizational innovation through modularization and outsourcing of business processes.

N. Chandrasekaran and Geert Ensing

Computing Applications

Research and Advances New architectures for financial services May 1 2004

Financial Services Business Process Outsourcing

Applying lessons learned from manufacturing to workflow processes in the financial services industry.

Jeroen Tas and Shyam Sunder

Computing Applications

Research and Advances New architectures for financial services May 1 2004

Detecting Money Laundering and Terrorist Financing via Data Mining

Using import-export information to improve financial transaction security.

John S. Zdanowicz

Computing Applications

Research and Advances New architectures for financial services May 1 2004

Who Will Rob You on the Digital Highway?

Traditionally at the forefront of security awareness, financial organizations must maintain this status as they move further into the Internet realm.

Ton Slewe and Mark Hoogenboom

Computing Applications

Practice May 1 2004

How to Measure the Relationship Between Training and Job Performance

Software companies could better predict the effect of training on their technical professionals' on-the-job performance and design training courses for future employees.

Sarv Devaraj and S. Ramesh Babu

Computing Applications

Research and Advances May 1 2004

Grasping the Complexity of Is Development Projects

To improve performance of IS development projects, first measure the key dimensions of project complexity and understand how they affect project outcomes.

Weidong Xia and Gwanhoo Lee

Computing Applications

Research and Advances May 1 2004

Can E-Learning Replace Classroom Learning?

In an e-learning environment that emphasizes learner-centered activity and system interactivity, remote learners can outperform traditional classroom students.

Dongsong Zhang, J. Leon Zhao, Lina Zhou, and Jay F. Nunamaker

Computing Applications

News 2004 ACM elections May 1 2004

2004 ACM Elections

April 8, 2004 PLEASE TAKE THIS OPPORTUNITY TO VOTE VIA POSTAL MAIL OR ELECTRONICALLY Dear ACM Member: The ACM Constitution provides that our Association hold a general election in even-numbered years for the positions of President, Vice President, Secretary/Treasurer, and Members-at-Large. Biographical information and statements of the candidates appear on the following pages. Enclosed with […]

Gerald Segal

Computing Applications

Practice May 1 2004

Improving Software Team Productivity

Choosing the most effective quantitative process design approach will not only improve a firm's project management but, ultimately, the bottom line.

I. Robert Chiang and Vijay S. Mookerjee

Computing Applications

Research and Advances May 1 2004

Tracing the Roots of Markup Languages

Markup languages provide efficient ways of storing information on the Web and make the retrieval process easier. Indeed, its simplicity and added intelligence to the document makes it useful for messaging between clients and server.

Rishi Toshniwal and Dharma P. Agrawal

Artificial Intelligence and Machine Learning

Opinion Technical opinion May 1 2004

Comma-Free Design For Dna Words

Considering data-coding procedures and sequence design.

Masanori Arita

Artificial Intelligence and Machine Learning

Opinion Inside risks May 1 2004

Artificial Stupidity

(The year is now 2100.) "Great-Grandma, my history teacher mentioned computers today. What were they?" So asked Ancath. "Yes, I remember them. They were among us when I was a child. My own grandfather was among the original inventors. They were everywhere and calculated everything. They were part of life. The biggest invention of all […]

Peter J. Denning and Dorothy E. Denning

Artificial Intelligence and Machine Learning

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