The New Media Revolution

With the dawning of the Internet, something happened within media. This was the beginning of technological socialization. Everything began with the desire for information; information about everything. This slowly blossomed into social media, which let’s face it is really information about people.

Now, the Internet as a whole is being taken one step further. It is going beyond merely socializing or information seeking and is becoming something more, much more. Users are driving content in ways never before seen.

This New Media Revolution can best be illustrated by the analogy of a third grade classroom. In third grade there was that old adage, “No question is a stupid question.” But it was third grade, so no one ever raised their hand.

Imagine sitting in that classroom for years and years on end. With the same confusing lessons being taught and those same questions never resolved. At some point, those third grade hands would start to go up. And that is precisely what is happening within media today.

Instead of waiting for the teacher to call on them, these users have begun answering their own questions, for one another. In doing so they themselves have crafted the new, youthful face of media.

This has lead to the transformation in not just one medium but all forms of media. Billboards are being digitally crafted for video games, television programing is being exclusively aired on the Internet, and there is still so much more to come.

“It’s all about on-demand content. Users are screaming for what they want, and other users are listening. All we have to do, as new media companies, is listen too,” said Chief Financial Officer and Co-Founder of Rico Media, Inc. Steven Gonzalez.

And Gonzalez is right. Companies like Digg and Revision3 are listening to users and giving them exactly what they ask for.

Digg is a new media news source that is the latest in online publications. Instead of some grey haired editor deciding what people should know, users “Digg” or vote for article either they submit or find on the Internet, and the articles with the leading votes go to the top for all to see. This set up makes users the sole drivers of content.

Revision3, on the other hand, is a new take on the classic television network. Instead of being aired on any given cable provider, subject to the edits of the Federal Communications Commission, these shows solely broadcast on the Internet. While there is some variation of these internet television websites, the main difference being who can post a show, all bend to the viewer’s whim. Watch what you want, when you want to watch it.

There is an added benefit to the new media revolution, and not just centered around content. Revision3’s Chief Executive Officer Jim Louderback has been quoted as saying the production costs for an internet television show is about 10 percent of what it costs to product a traditional network television show. The significance of this is more than it may appear. For the first time in decades, significant cost or substantial monetary investment is not a barrier to entry in this industry.

The Easy Way to Borrow Money

The kind of loans one can apply for
In India, it is possible to apply online for short or long term loans. The money obtained this way can be used for various purposes, such as marriage, education, car, land or home purchase and so on. Loans generally start at Rs. 10,000. Make sure to pay maximum attention when you agree on the repayments period – you must make sure you can make repayments as promised.

Eligibility criteria
To obtain a loan online without any hassle, just make sure you follow the guidelines. Also, you need to meet the eligibility criteria. Before applying, the individual needs to gather all the documents required. The PAN card will usually be necessary, as well as Aadhar card. The client must provide an address proof. The electricity bills required are not always a substitute for this proof of address. As soon as all the documents are gathered, the client should scan these and send the copies online in the provided form. Lenders require to see each client’s credit score before they decide whether to approve the loan or not. In addition, borrowers definitely need to have a valid bank account, so the money can be delivered. Nationality and residency are also important matters here. Applicants need to make proof of their Indian nationality.

How the Aadhar card helps
Having an Aadhar card can help you obtain a loan on fair terms. The purpose of the project involving it was to secure everyone’s social identity permanently. A card with a unique identification number holding biometric data can easily and accurately provide proof of identity and residency. It’s the perfect solution for today’s technological advancements that have also made quick online loans possible.

Signs of a Decaying Financial Portfolio Management System

Here are the seven signs that will tell you if you have a decaying system and how it must ideally operate:

1. Facing difficulties while managing data due to disparate systems?

Maintaining data in different systems or manually moving move data from one system to another will lead to inconsistency and errors. Is your data quickly identifiable, consistent across multiple systems, complete, accurate, and reconciled among different systems? If your answer is a NO to these questions, you must reevaluate your platform. Your system must be able to eliminate manual data flow, update all the data with a single change, deliver timely and accurate reporting including intra-day, and make data easily traceable.

2. Are your client communications professional?

Investors expect your reporting to be clear, concise, and highly customized to their needs. This statement holds especially true for institutional investors. Organizations that can meet these expectations will have an immense competitive advantage over those that cannot. If your current system does not deliver the level of reporting your clients expect, you will run the risk of falling behind.

Your client expectations are not limited to the form and content of reporting, but also to how you deliver information. They expect instant access to real-time information, be it through a web portal or a mobile platform to stay relevant and highly competitive, your systems must be flexible enough to send and receive communications via any channel of your client’s choosing.

3. Struggling to cope with complex global investments?

Dealing with multiple regional and global investment regulations such as UCITS V and VI, Solvency II, AIFMD, and EMIR is a daunting task. All these regulations require you to maintain reliable, accurate, and transparent data. To comply with these regulations, you need Workflow Management, Data Management, and accurate reporting. Data, managing risk, and maintaining accuracy is critical to comply with regulatory reporting requirements.

With the increase in data sources and data complexities, your organizations need solution providers who can help you manage your data. Your system must not only be scalable but also provide actionable business intelligence in a format that is easily understood.

4. Finding it hard to achieve Integration of disparate systems?

Real integration is not a matter of simply connecting systems – your systems must be able to talk to each other seamlessly. Manually moving data from one system to another affects your efficiency, thereby, increasing the risk of errors. Integrating disparate systems not only reduces these risks but also improves efficiency by ensuring that back office and front office personnel can view transactions, cash positions, and holdings identically. This ensures that the entries are recorded accurately in your Investment Book of Records (IBOR).

Many organizations use multiple systems for accounting, reporting, reconciliation and managing client information. If different vendors have provided these systems, making them talk to each other could be a challenging process. If you have workarounds or portfolios that reside outside of your legacy system, it is time to rethink its usability. Your system must allow centralized and standardized portfolio management activity. In an end-to-end portfolio management solution that is built on open architecture, the work of multiple systems is consolidated into a single platform. Such a solution will allow easy access to third-party systems or any other system that is built in-house, thereby enabling you to reduce technology footprint while driving greater efficiency.

4 Tips to Save Money Buying a Computer

1. Shop around.

Shopping around will not only inform you about what is available out there, but it will also tell you where the cheap PC deals or cheap laptop deals are.

2. Don’t Get the Fastest, Most Expensive Computer.

That is unless you absolutely need it. Consider this, you have been working on the same computer for the past 4 years. Even a less expensive NEW computer would be a considerable upgrade from what you now have, right? It doesn’t have to necessarily be the LEAST expensive but getting the most expensive, fastest computer out there is somewhat overkill. If you don’t need that power, then it is wasted.

3. Install Your Own “Extras”.

Most stores will offer the Operating System (OS)and possibly some sort of lower end Word Processor with their new computers. All else will be extra. Chances are that you already have all the extra software you can use at home. If you do, simply install them when you get your new system home.

If you DO need extras, shop around! Often you will find better deals elsewhere.

4. Don’t Buy the Extended Warranty.

Most computers come with a one year warranty and if you are going to have trouble with your computer, it will usually happen during this time or much later. If it happens later, then in most cases, it would be less expensive to purchase a new computer instead of repairing your old one.

If you have an unlimited budget, consider yourself one of the lucky ones. If your computer is for business, then be sure to get everything you need in a computer, while trying to keep the price down.

The Case For Purchasing Builder’s Risk Insurance

Risks always exist at any point in time that people are constructing property that will eventually be where they will run their businesses. Because of this, people have builder’s risk insurance to protect them against these many risks. This type of insurance falls under the property insurance genre, and it will compensate the policy holders after the insured properties have been damaged.

Who Can Be Covered under the Policy?

When loss occurs, many people can be affected by it. Even though these people are working on different portions of the building project, they can all be named on the same policy. Important people to be named on this type of insurance coverage are:

– The owners of the property

– The people who will construct the building

– The building’s contractor

What Can Be Covered under the Policy?

When people make the decision to purchase this type of insurance, several of the physical parts of the construction process will be covered under the policy in case they are damaged. The building does not need to be in construction; it can be undergoing repairs or improvement. Of course, it will cover the building before it has been built, during the construction and sometimes, after.

During the construction, the materials will need to be transported to the construction site. They may be vulnerable to several kinds of loss while being stored at this location, so they will fall under the protection of the insurance coverage. Specifically, the building that is being created, the tools needed to construct the building and the materials used in the construction of the building will be covered.

When the Insurance Policy Pays

A builder’s insurance policy pays after the property has been damaged by one of the several applicable named perils. Just some of these named perils are:

– If the building catches fire

– Vandals trespass on the land and destroy property

– Damaging winds

– Being struck by lightning

– Theft

The Force Majeure

Insurance policies often mention the term, “Force Majeure.” Sometimes, the policy will exclude them, but there are times when they will be included as covered perils. If the building owners experience loss when extreme acts of force or accidents occur, they will be covered under this type of coverage. Examples of a Force Majeure are wars, riots or acts of natures, such as hurricanes, floods and earthquakes.