18,804 research outputs found

    LEVERAGING SOA IN BANKING SYSTEMS INTEGRATION

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    There is no doubt that the systems integration is one of the most important and complicated tasks in software filed especially for complex applications like banking systems. Complexity in integrating banking systems often comes from continues changes in both technical and business features provided by them to meet customer needs. Banking systems always come from different software vendors which mean using platforms and different design and architecture patterns, and this for sure adds extra complexity for integrating them. Serviceoriented architecture (SOA) is a promising method in software filed that aims to build or restructure software systems in a manner that makes their maintenance and integration easier. Agility is the most important goal that should be achieved when building and integrating banking systems. Simply, agility is needed to meet market needs quickly and efficiently and SOA is the way that could provide itSOA, SOI, P2P Integration, Web Services, and Legacy Code

    Donations tax implications of BEE transactions: more than meets the eye?

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    Abstract : The primary reason for companies entering into a Black Economic Empowerment (hereafter BEE) transaction is to achieve regulatory compliance. In a BEE transaction companies either issue new shares or sell existing shares, at a discount. The purpose of this study is to identify whether this discount element has donations tax implications. Donations tax is triggered by either actual or deemed donations. No actual donation takes place when new shares or existing are issued at a discount. The issue of new shares does not constitute property for purposes of section 54 of the South African Income Tax Act. The sale of existing shares at a discount in a BEE transaction lacks liberality or generosity. However, even if no actual donation takes place, a deemed donation can still take place in terms of section 58(1) of the Income Tax Act. A deemed donation takes place where property is disposed of for a consideration that is not adequate. The South African Revenue Service (SARS) have interpreted, that adequate consideration does not necessarily mean “fair market value”. SARS ruled in a Binding Private Ruling that specifically addressed the issue at hand, that the disposal of the shares (at a discount) comprised an adequate consideration, hence no donations tax arises. SARS unfortunately did not give a reason for their ruling. The issue remains contentious and unclear. The recommendation is made, in the interest of certainty, that a legislative amendment be introduced into section 56, which will exempt BEE transactions from donations tax

    On the theory and applications of Hardy and Bergman spaces

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    We study composition operators between higher orders weighted Bergman spaces. Certain growth conditions for generalized Nevanlinna counting functions of the inducing map are shown to be necessary and sufficient for such operators to be bounded or compact. Under a mind condition we show that a composition operators  Cj is compact on the higher order weighted Bergman spaces and Hardy spaces of the open unit ball in  if and only if  0    as  |z| Ÿ 1-.   Keywords: Hardy Spaces, Bergman Spaces, composition operators, boundedness, Compactness, Nevanlinna counting functions

    Cosmological solutions of massive gravity on de Sitter

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    In the framework of the recently proposed models of massive gravity, defined with respect to a de Sitter reference metric, we obtain new homogeneous and isotropic solutions for arbitrary cosmological matter and arbitrary spatial curvature. These solutions can be classified into three branches. In the first two, the massive gravity terms behave like a cosmological constant. In the third branch, the massive gravity effects can be described by a time evolving effective fluid with rather remarkable features, including the property to behave as a cosmological constant at late time.Comment: 6 pages, 1 figure; discussion extended, a few references added, improved analysis in Section

    Non-Linear Massive Gravity with Additional Primary Constraint and Absence of Ghosts

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    We complete the Hamiltonian analysis of specific model of non-linear massive gravity that was started in arXiv:1112.5267. We identify the primary constraint and corresponding secondary constraint. We show that they are the second class constraints and hence they lead to the elimination of the additional scalar mode. We also find that the remaining constraints are the first class constraints with the structure that corresponds to the manifestly diffeomorphism invariant theory. Finally we determine the number of physical degrees of freedom and we show that it corresponds to the number of physical modes of massive gravity.Comment: 13 page
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