Simulation of financial institutions activity in transitional economies

The paper reviews the concepts of system dynamics and its applications to the simulation modeling of financial institutions daily activity. While widely applicable, the approach is of a particular interest in transitional and developing economies. The hybrid method of banking business processes re-engineering based on a combination of system dynamics, queuing theory and ordinary differential equations (Kolmogorov equations) is introduced. By the way of method illustration, we consider the promotion of a set of banking products among some categories of clients.banking; simulation; system dynamics; Kolmogorov equations

Sensitivity analysis and simulation of a multiserver queueing system with mixed service time distribution

The motivation of mixing distributions in communication/queueing systems modeling is that some input data (e.g., service time in queueing models) may follow several distinct distributions in a single input flow. In this paper, we study the sensitivity of performance measures on proximity of the service time distributions of a multiserver system model with two-component Pareto mixture distribution of service times. The theoretical results are illustrated by numerical simulation of the M/G/c systems while using the perfect sampling approach

Изоморфизм и гомоморфизм в имитационном моделировании

The paper deals with the role of the isomorphism and homomorphism in the theory and practice of simulation. These concepts are considered as a methodological framework for models adequacy evaluation and for their suitability extent estimation to the study and improvement of economic systems, objects and processes

Структурно-морфологический анализ бизнес-процессов коммерческого банка

The paper reviews some concepts of structural-morphological analysis and its application to the formal description of banking institutions activity. This research develops the synthetic approach based upon ideas of system dynamics, elements of structural linguistics, and Propp's morphological method. The simulation toolkit facilitates creating a more accurate and comprehensible simulation model (in collaboration with other tools of business processes formalization)

Структурно-морфологический анализ бизнес-процессов коммерческого банка

The paper reviews some concepts of structural-morphological analysis and its application to the formal description of banking institutions activity. This research develops the synthetic approach based upon ideas of system dynamics, elements of structural linguistics, and Propp's morphological method. The simulation toolkit facilitates creating a more accurate and comprehensible simulation model (in collaboration with other tools of business processes formalization)

Изоморфизм и гомоморфизм в имитационном моделировании

The paper deals with the role of the isomorphism and homomorphism in the theory and practice of simulation. These concepts are considered as a methodological framework for models adequacy evaluation and for their suitability extent estimation to the study and improvement of economic systems, objects and processes

К вопросу оценки адекватности имитационных моделей банковских бизнес-процессов

This paper presents an overview of some general concepts and techniques of an adequacy estimation of simulation models of the banking business processes. A proposal on specific requirements for computer simulation models to banking activity re-engineering and optimization is formulated

Моделирование деятельности финансово-кредитного учреждения средствами системной динамики

The article examines an approach to the simulation of financial institution behavior (and bank in particular) based upon system dynamics methods. Research results indicate that system dynamics modeling can to further for better understanding of banking troubles hidden causes. Therefore the decision makers may improve bank business processes more effectively

Simulation of financial institutions activity in transitional economies

The paper reviews the concepts of system dynamics and its applications to the simulation modeling of financial institutions daily activity. While widely applicable, the approach is of a particular interest in transitional and developing economies. The hybrid method of banking business processes re-engineering based on a combination of system dynamics, queuing theory and ordinary differential equations (Kolmogorov equations) is introduced. By the way of method illustration, we consider the promotion of a set of banking products among some categories of clients