A Typical Model Audit Approach: Spreadsheet Audit Methodologies in the City of London

Spreadsheet audit and review procedures are an essential part of almost all City of London financial transactions. Structured processes are used to discover errors in large financial spreadsheets underpinning major transactions of all types. Serious errors are routinely found and are fed back to model development teams generally under conditions of extreme time urgency. Corrected models form the essence of the completed transaction and firms undertaking model audit and review expose themselves to significant financial liability in the event of any remaining significant error. It is noteworthy that in the United Kingdom, the management of spreadsheet error is almost unheard of outside of the City of London despite the commercial ubiquity of the spreadsheet.Comment: 5 Page

The Influence of Thin Film Confinement on Surface Plasticity in Polystyrene and Poly(2-vinylpyridine) Homopolymer and Block Copolymer Films

Thin block copolymer films have attracted considerable academic attention because of their ability to self-assemble into various microstructures, many of which have potential technological applications. Despite the ongoing interest, little effort has focused on the onset of plasticity and failure which are important factors for the eventual adoption of these materials. Here we use delamination to impart a quantifiable local stain on thin films of homopolymer polystyrene and poly(2-vinylpyridine), as well as block copolymers made of styrene and 2-vinylpyridine. Direct observation of the damage caused by bending with atomic force microscopy and laser scanning confocal microscopy, leads to the identification of a critical strain for the onset of plasticity. Moving beyond our initial scaling analysis, the more quantitative analysis presented here shows strain levels for thick films to be comparable to bulk measurements. Monitoring the critical strain leads to several observations: 1.) as-cast PS-P2VP has low critical strain, 2.) annealing slowly increases critical strain as microstructural ordering takes place, and 3.) similar to the homopolymer, both as cast and ordered films both show increasing critical strain under confinement.Comment: 12 pages, 9 figure