IT User's Guide to Banking Definitions

Do you know your credit derivative swap from your nominee holding? Your asset management from your securitisation? Your Mudarabah from your Murabaha? Your service oriented architecture (SOA) from your suspicious activity report? Fear not, help is at hand. The extensive banking and systems knowledge of IBS Publishing has been condensed into this detailed but jargon-free and acronym-free reference guide. It explains in easy-to-follow definitions what is meant by a wide range of: financial sector terms; financial instruments (including Islamic); types of banking; forms of risk; types of institution; and, technology and compliance. It is an essential resource for IT/Operations teams. This accessible guide is an invaluable and handy resource for anyone involved in the financial services sector who is not an expert, especially those in complementary roles such as software development and other areas of technology provision. It will also be useful reading for: new recruits and trainees as part of continuing professional development; those in niche areas of finance who need a broader understanding of the rest of the sector; those in associated industries and services operating within or across the banking field; and, business, banking and finance students and academics.