engleski

The business transformation and enterprise architecture framework the London interchange banking-the proof of concept

Financial budgeting and credit controls of a business transfonnation project and its enterprise architecture subproject (s) must be coherent with the enterprise's business and financial strategic planning goals (Trad & Kalpic, 2017a). Finance related development, governance, risk and legal standards alone are not sufficient and cannot be the only barrier. The enterprise must build a financial strategy that predicts its budgeting and crediting processes ; and above all it should apply cleansing of any toxic or corrupt financial interaction with financial bodies in order to avoid 2008-like crisis. Many crediting fonns and models exist, in this chapter the authors analyse the intercontinental exchange based credits or simply the London Interbank offered rate (UBOR) that serves as the first phase for calculating interest rates on known and various loans and financial products.

transformation project, budgeting, credit control

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