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Upcoming many core processors are expected to employ a distributed memory architecture similar to currently available supercomputers, but parallel pattern mining algorithms amenable to the architecture are not comprehensively studied. We…
Developing a structured method for analyzing various aspects of a system requires a novel methodology. This study is aimed at developing such as methodology through combining two major matrix methods, namely, Design Structure Matrix (DSM)…
The last decade has experienced a vast interest in Blockchain-based cryptocurrencies with a specific focus on the applications of this technology. However, slow confirmation times of transactions and unforeseeable high fees hamper their…
Open Banking powered machine learning applications require novel robustness approaches to deal with challenging stress and failure scenarios. In this paper we propose an hierarchical fallback architecture for improving robustness in high…
Commercially available business process management systems (BPMS) still suffer to support organizations to enact their business processes in an effective and efficient way. Current BPMS, in general, are based on BPMN 2.0 and/or BPEL. It is…
Blockchain technology provides a tamper-proof mechanism to execute inter-organizational business processes involving mutually untrusted parties. Existing approaches to blockchain-based process execution are based on code generation. In…
Instant payment infrastructures have stringent performance requirements, processing millions of transactions daily with zero-downtime expectations. Traditional monitoring approaches fail to bridge the gap between technical infrastructure…
The traceability of requirements in the information system design process is considered an essential property of the project, one of its quality characteristics. The point here is that traceability provides the methods of validation and…
Researchers and practitioners have recently proposed many Microservices Architecture (MSA) patterns and strategies covering various aspects of microservices system life cycle, such as service design and security. However, selecting and…
Recently, there are significant advances in the areas of networking, caching and computing. Nevertheless, these three important areas have traditionally been addressed separately in the existing research. In this paper, we present a novel…
The business model represents an increasingly important management concept. However, progress in research related to the concept is currently inhibited from inconsistencies in terms of formalizing and therewith also empirically measuring…
Heterogeneous computing is one of the most important computational solutions to meet rapidly increasing demands on system performance. It typically allows the main flow of applications to be executed on a CPU while the most computationally…
Digital payments play a pivotal role in the burgeoning digital economy. Moving forward, the enhancement of digital payment systems necessitates programmability, going beyond just efficiency and convenience, to meet the evolving needs and…
Throughout the history of functional programming, recursion has emerged as a natural method for describing loops in programs. However, there does often exist a substantial cognitive distance between the recursive definition and the simplest…
Process maps provide a high-level overview of an organisation's business processes. While used for many years in different shapes and forms, there is little shared understanding of the concept and its relationship to enterprise…
Programmable data plane technology enables the systematic reconfiguration of the low-level processing steps applied to network packets and is a key driver in realizing the next generation of network services and applications. This survey…
Interbank markets are fundamental for bank liquidity management. In this paper, we introduce a model of interbank trading with memory. Our model reproduces features of preferential trading patterns in the e-MID market recently empirically…
This paper highlights the common pitfalls of overcomplicating the software architecture, development and delivery process by examining two enterprise level web application products built using Microsoft.Net framework. The aim of this paper…
Networking data analytics is increasingly used for enhanced network visibility and controllability. We draw the similarities between the Software Defined Networking (SDN) architecture and the MapReduce programming model. Inspired by the…
This paper presents a comprehensive overview of model validation practices and advancement in the banking industry based on the experience of managing Model Risk Management (MRM) since the inception of regulatory guidance SR11-7/OCC11-12…