| PREFACE | 6 |
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| TABLE OF CONTENTS | 10 |
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| CONTRIBUTORS | 25 |
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| PART I IT Systems, Infrastructure and Applications in Finance | 35 |
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| Introduction to Part I | 36 |
| CHAPTER 1 SOA in the Financial Industry – Technology Impact in Companies’ Practice | 41 |
| CHAPTER 2 Information Systems and IT Architectures for Securities Trading | 61 |
| CHAPTER 3 Product Management Systems in Financial Services Software Architectures | 83 |
| CHAPTER 4 Management of Security Risks – A Controlling Model for Banking Companies | 104 |
| CHAPTER 5 Process- Oriented Systems in Corporate Treasuries: A Case Study from BMW Group | 125 |
| CHAPTER 6 Streamlining Foreign Exchange Management Operations with Corporate Financial Portals | 153 |
| CHAPTER 7 Capital Markets in the Gulf: International Access, Electronic Trading and Regulation | 170 |
| CHAPTER 8 Competition of Retail Trading Venues - Online- brokerage and Security Markets in Germany | 199 |
| CHAPTER 9 Strategies for a Customer-Oriented Consulting Approach | 221 |
| CHAPTER 10 A Reference Model for Personal Financial Planning | 237 |
| CHAPTER 11 Internet Payments in Germany | 266 |
| CHAPTER 12 Grid Computing for Commercial Enterprise Environments | 284 |
| CHAPTER 13 Operational Metrics and Technical Platform for Measuring Bank Process Performance | 317 |
| CHAPTER 14 Risk and IT in Insurances | 337 |
| CHAPTER 15 Resolving Conceptual Ambiguities in Technology Risk Management | 358 |
| CHAPTER 16 Extracting Financial Data from SEC Filings for US GAAP Accountants | 381 |
| PART II IT Methods in Finance | 400 |
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| Introduction to Part II | 401 |
| CHAPTER 17 Networks in Finance | 405 |
| CHAPTER 18 Agent- based Simulation for Research in Economics | 442 |
| CHAPTER 19 The Heterogeneous Agents Approach to Financial Markets – Development and Milestones | 464 |
| CHAPTER 20 An Adaptive Model of Asset Price and Wealth Dynamics in a Market with Heterogeneous Trading Strategies | 486 |
| CHAPTER 21 Simulation Methods for Stochastic Differential Equations | 521 |
| CHAPTER 22 Foundations of Option Pricing | 535 |
| CHAPTER 23 Long- Range Dependence, Fractal Processes, and Intra- Daily Data | 563 |
| CHAPTER 24 Bayesian Applications to the Investment Management Process | 606 |
| CHAPTER 25 Post- modern Approaches for Portfolio Optimization | 631 |
| CHAPTER 26 Applications of Heuristics in Finance | 653 |
| CHAPTER 27 Kernel Methods in Finance | 672 |
| CHAPTER 28 Complexity of Exchange Markets | 705 |
| Part III Further Aspects and Future Trends | 722 |
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| Introduction to Part III | 723 |
| CHAPTER 29 IT Security: New Requirements, Regulations and Approaches | 725 |
| CHAPTER 30 Legal Aspects of Internet Banking in Germany | 745 |
| CHAPTER 31 Challenges and Trends for Insurance Companies | 767 |
| CHAPTER 32 Added Value and Challenges of Industry- Academic Research Partnerships – The Example of the E- Finance Lab | 786 |
| Index | 800 |