TY  - BOOK
AU  - Robinson,Richard Charles
TI  - Understanding the financial industry through linguistics: how applied linguistics can prevent financial crisis 
T2  - Finance and financial management collection,
SN  - 9781637420591
AV  - HG173 .U534 2021
KW  - Applied linguistics
KW  - Financial services industry
KW  - Data
KW  - Standards
KW  - Financial services
KW  - Data management
KW  - Chief data officer
KW  - Community of practice
KW  - Silo
KW  - Silo busting
KW  - Interoperability
KW  - Electronic books
N1  - 1 (pages 199-204) and index; Chapter 1. Introduction --; Chapter 2. Defining financial services: roles and interactions --; Chapter 3. An introduction to applied linguistics --; Chapter 4. Intermission --; Chapter 5. Firm type: perspectives, roles, and languages --; Chapter 6. Front/middle/back office/enterprise (silo versus cross-silo) --; Chapter 7. Asset class CoPs --; Chapter 8. The investment roadmap --; Chapter 9. Cross border and domestic communities --; Chapter 10. Standards: background --; Chapter 11. Standards in 2020 financial services --; Chapter 12. The regulatory community --; Chapter 13. Applying communities of practice --; Chapter 14. The modest proposal --; Appendix A; 2; b; Also available in printing
N2  - Imagine a collection of villages all beset upon by monsters. One village defeats their monsters using silver bullets. They convince all surrounding villages that their solution should be the only standard. The next village uses silver bullets to repel the monsters but fail! Why? Because the first village was fighting werewolves, the second village was fighting vampires. This is our data challenge--recognizing not all problems are the same--and there are no single silver bullet solutions. There are many communities within financial services, each with nuanced needs that require slightly different solutions to address what may look like the same problem. The financial services industry is unique for being based upon information and communication. It is the failure in understanding that multiple existing financial languages exist and pursuing interoperability that sits at the crux of financial crisis--not the lack of a single unified financial language. This book is an essential read for any professional dealing with data and information challenges.The author presents a new, unique approach to broad industry issues, leveraging applied linguistics. They discuss how to break barriers that exist between language and data; the aim to make it easier for the financial industry (including regulators) to communicate - for the benefit of all investors
UR  - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0001100.html
ER  -