Search results

This paper aims to make investment compliance professionals aware of the new model of the flexible, high‐service open architecture broker‐dealer – which is characterized as the “plug and play” online brokerage.

An analogy is made to “plug and play” computer devices, which allow computer systems to recognize and work with new devices as soon as they are connected. It is explained that, in the same way, the “plug and play” brokerage, because of its predominantly open architecture investment products and services, is able to much more easily “recognize” the investments, methodologies, and tools of investors and financial intermediaries new to its platform.

The model has a wide and deep array of brokerage and investment products and services available, many of them at much lower cost than similar products or services at full service or wirehouse firms. The previous “friction” of movement of investors and financial advisors from one brokerage to another, due to firm‐specific fund share classes, proprietary trading and investment management tools, or exclusive investment opportunities, has been dramatically reduced.

The developments described will help to ensure a more educated investor population and a more consistent investment activity experience for the investing public and their financial advisors. The regulatory and compliance issues confronted by this type of firm are not substantially different from those faced by any other online brokerage firm, except perhaps with respect to the substantial lack of proprietary products and therefore associated potential conflicts.

This thorough description of the services offered through this new model and its implications for the brokerage industry will educate investment compliance and other financial services professionals about these critical new developments.

The purpose of this paper is to describe the development of a novel mobile monitoring and control (MC) framework with active-push and plug-and-play capabilities. This proposed framework is particularly designed to addresses the shortcomings of the traditional factory MC systems in sharing information over the internet, protecting the system security, delivering warning messages, and deploying monitoring points.

By leveraging web service technology, mobile devices, and wireless communication, this paper describes the methodology and approach for designing a MC server, a wireless monitoring module (WMM), an intelligent v-Machine, two active-push mechanisms, a pocket PC application, and a smart phone application.

The designed WMM enables the monitoring points to be deployed in a mobile manner. The proposed mobile MC framework (MMCF) can timely detect abnormalities of appliances and equipment and turn off appliances in dangerous situations through WMM. It can also instantly deliver various warning contents to the mobile devices carried by the responsible persons. The v-Machine is built based on virtual metrology (VM) technology and can predict production precision of machined workpieces.

With the successful design and testing of the novel MMCF, this framework can obviously be used for many more applications and developments.

The authors' implement a factory MC system based on the proposed framework and conduct various integration tests on two electric appliances and a practical CNC machine tool in a factory. Testing results shows that the factory MC system works smoothly according the design goals and can overcome the shortcomings of traditional factory MC systems. The MC system also presents good performances, instantly delivering warning contents with a size ranging from 1K bytes to 10M bytes to the users within few seconds.

The proposed MMCF exploits various automation technologies to detect equipment's abnormalities, reduce the rate of product defects caused by human errors, reinforce security, prevent accidents, and ensure the safety of operations.

The proposed MMCF can effectively promote existing factory MC systems to achieve the merits of mobile MC, which is a unique contribution of this work, compared to previous studies. The results of this study can be applied to a variety of industrial automation applications, including factory automation and assembly automation.

This chapter extends Henri Lefebvre's writings on rhythm to explore how time, space, power and difference articulate themselves in the uneven social relations of intercultural space. Taking Lefebvre's ‘Seen From the Window’ chapter as a theme, I propose a variation of rhythmanalysis which interrogates the politics of copresence at a dance party in Munich, Germany. Plug in Beats is a participatory party – songs are selected by the crowd through a karaoke-like process. The monthly event was initiated in 2015 when a refugee camp was installed near an arts and cultural center. The party creates a space for dialogue between new migrants and established locals occupying a wide range of social positions. I look at the implications of rhythm for studying intercultural dance through a rhythmanalysis of one party in June 2018. The methodological approach is framed around the embodied multisensory participant observation advocated by Lefebvre; however, the analysis draws on additional ethnographic data from interviews, audio recordings, Shazam (a song identification app) and video footage. I propose a relational rhythmanalysis which engages the historical and geographic power dynamics at work in music, dancing and in the party space. Such an approach, I argue, reveals how participants negotiate and sometimes reconfigure social relations of difference through rhythm itself. While there are limits to the questions that rhythmanalysis allows the researcher to ask and answer, it is a valuable means to engage how power and difference work – and might be more equitably reworked – in migrant-receiving and otherwise heterogeneous spaces.

The purpose of this paper is to propose a “plug and play” (PnP) approach to decision modelling. An approach to building models from components based on a “LEGO block” style of manufacturing simulation and analysis. The objective of this paper is to present ideas central to PnP modelling for throughput analysis.

Firstly, the PnP concept is introduced and the proposed framework is described. Then different techniques adopted in the framework are explained, and their applications are illustrated using a case example on manufacturing throughput analysis. Finally, the implications of this research are discussed and plans for further work are outlined.

The proposed PnP approach for rapid decision modelling was capable to support two important goals: productivity improvement to ensure that managers can rapidly build up models, and increase communication and decision support efficiency to ensure that those who should be using it, can and will use it.

This research has so far introduced, described, and explained the PnP approach. The idea of PnP to support manufacturing decision modelling is new and not yet well developed. It is recognised that there are a number of additional issues that must be addressed before the proposed PnP approach is ready to make a practical impact.

The paper introduces a PnP approach to decision modelling.

The purpose of developing smart (analog and digital) sensors for networked machine/process monitoring, and other tasks, is to make them as easy and trouble free to deploy, program and maintain, as plugging a keyboard, or mouse into a computer. The IEEE 1451 smart transducer interface standards describe a set of open, common, and network‐independent communication interfaces for smart transducers. (“Smartness” here means on‐board data storage/processing capability, interfaced/ integrated with the analog and/or digital sensor.) Several companies and individuals involved in networked control systems of machines, and the measurement and control industries are developing these new standards, in the USA sponsored by the IEEE Instrumentation and Measurement Society’s Technical Committee on Sensor Technology (TC‐9), and the US Department of Commerce NIST Manufacturing Engineering Laboratory.

This paper describes the development and implementation of a modular school building design prototype to support “build back better” after the disaster. The purpose of this paper is to bridge the gap between the two standard practices of post-disaster reconstruction: the quickly temporary construction and the permanent solution with longer time to complete.

The modular school design prototype was developed based on three design criteria established to achieve a relatively quick construction with good quality as a post-disaster permanent solution. The prototype was implemented in Kerandangan Village, Lombok and evaluated to review its compliance with the design criteria.

Three design strategies were proposed to respond to the main design criteria: the use of modular units and components, the material durability and availability, and the “plug-and-play” configuration system. Through these strategies, the prototype demonstrated the ability to perform as a permanent solution to be implemented in a short time. The prototype evaluation suggests some possible improvement to ensure a more efficient process and further replicability.

The development of the modular design bridges the gap between temporary and permanent approach for post-disaster school reconstruction. The highlighted criteria and the proposed design strategies contribute to the “build back better” attempt by providing better learning experiences for children through a replicable modular design that could be flexibly adapted to various local contexts.

A successful business model creates a heuristic logic that connects technical potential with the realization of economic value. But this logic constrains the subsequent search for new, alternative models for other technologies later on. This logic gives rise to two behaviors that affect the implementation of Open Innovation inside organizations. The well-known Not-Invented-Here syndrome constrains the use of Outside-in Open Innovation, while a new syndrome we identify, the Fear of Looking Foolish, constrains the use of Inside-out Open Innovation. We focus particularly on the latter behavioral constraint in this chapter and present three mini-cases that demonstrate the constraints in action. We then sketch possible managerial solutions to overcome these behaviors.

CDROMs are not just an important tool for archiving reference materials. Now, personal computers equipped with CDROM drives can be used to display and play back audio recordings (on conventional CDs), drawings and photographic materials as well. Multimedia has become the latest catchword for personal computer vendors and the CDROM drive is at the heart of current audio‐photo‐computer applications. Connect a CDROM drive to your computer, plug in a sound board, attach loudspeakers and you have become a vanguard personal computer user.