Hybrid Reality

Technology futurists Ayesha and Parag Khanna (whom Esquire magazine called one of the 75 people who will influence the 21st century) declare that we are rapidly moving from a point of co-existence with technology to a phase of co-evolution with it. In the Hybrid Age, technology is ubiquitous (with trillions of sensors coating our environment), intelligent (devices communicating with each other as well as with us), and social (encouraging us to develop emotional relationships with it). Technology no longer just processes our instruction; it has its own agency, and we respond to it as much as it responds to us. What this means for societies and individuals, as well as communities and nations, is truly world changing. How will we respond and adapt? TED Books  (March 2012)


Straight Through Processing

As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way for firms to remain competitive. According to the Securities Industry Association, the US securities industry will spend $8 billion to implement STP initiatives, and 99% percent of this investment will be made in systems internal to the firm. Straight-Through Processing for Financial Services: The Complete Guide provides the knowledge and tools required by operations managers and systems architects to develop and implement STP processing systems that streamline business processes to maintain competitiveness in the market. Elsevier  (November 2007)