Feasibility of valuing credit risk in the financial market in Sri Lanka: a case study

The Sri Lankan financial market uses non analytical techniques to quantify credit risk. Credit derivatives are not used to transfer credit risk. A Credit Default Swap (CDS) is the most widely used credit derivative to manage credit risk. To evaluate the price of CDS, various sophisticated methods are used. This research paper focuses on techniques to hedge credit risk in the Sri Lankan financial market, the behaviours of CDS in derivative markets, calculating a fair value of CDS, the main advantages of using credit derivatives, and major imperfections to use the pricing process of CDS in the Sri Lankan marke

A virtual odometer for a Quadrotor Micro Aerial Vehicle

This paper describes the synthesis and evaluation of a "virtual odometer" for a Quadrotor Micro Aerial Vehicle. Availability of a velocity estimate has the potential to enhance the accuracy of mapping, estimation and control algorithms used with quadrotors, increasing the effectiveness of their applications. As a result of the unique dynamic characteristics of the quadrotor, a dual axis accelerometer mounted parallel to the propeller plane provides measurements that are directly proportional to vehicle velocities in that plane. Exploiting this insight, we encapsulate quadrotor dynamic equations which relate acceleration, attitude and the aerodynamic propeller drag in an extended Kalman filter framework for the purpose of state estimation. The result is a drift free estimation of lateral and longitudinal components of translational velocity and roll and pitch components of attitude of the quadrotor. Real world data sets gathered from two different quadrotor platforms, together with ground truth data from a Vicon system, are used to evaluate the effectiveness of the proposed algorithm and demonstrate that drift free estimates for the velocity and attitude can be obtained

A holistic approach to dissecting SPARC family protein complexity reveals FSTL-1 as an inhibitor of pancreatic cancer cell growth.

SPARC is a matricellular protein that is involved in both pancreatic cancer and diabetes. It belongs to a wider family of proteins that share structural and functional similarities. Relatively little is known about this extended family, but evidence of regulatory interactions suggests the importance of a holistic approach to their study. We show that Hevin, SPOCKs, and SMOCs are strongly expressed within islets, ducts, and blood vessels, suggesting important roles for these proteins in the normal pancreas, while FSTL-1 expression is localised to the stromal compartment reminiscent of SPARC. In direct contrast to SPARC, however, FSTL-1 expression is reduced in pancreatic cancer. Consistent with this, FSTL-1 inhibited pancreatic cancer cell proliferation. The complexity of SPARC family proteins is further revealed by the detection of multiple cell-type specific isoforms that arise due to a combination of post-translational modification and alternative splicing. Identification of splice variants lacking a signal peptide suggests the existence of novel intracellular isoforms. This study underlines the importance of addressing the complexity of the SPARC family and provides a new framework to explain their controversial and contradictory effects. We also demonstrate for the first time that FSTL-1 suppresses pancreatic cancer cell growth

Accurate Crop Spraying with RTK and Machine Learning on an Autonomous Field Robot

The agriculture sector requires a lot of labor and resources. Hence, farmers are constantly being pressed for technology and automation to be cost-effective. In this context, autonomous robots can play a very important role in carrying out agricultural tasks such as spraying, sowing, inspection, and even harvesting. This paper presents one such autonomous robot that is able to identify plants and spray agro-chemicals precisely. The robot uses machine vision technologies to find plants and RTK-GPS technology to navigate the robot along a predetermined path. The experiments were conducted in a field of potted plants in which successful results have been obtained.Comment: 7 pages, 12 figures, Journa

Use of a rapid diagnostic test to detect cutaneous leishmaniasis in Sri Lanka

Objectives: This study was initiated to determine the sensitivity and specificity of a commercially available rapid diagnostic test (RDT) to detect leishmania antigen in cutaneous leishmaniasis(CL) skin lesions among Sri Lankan patients compared to PCR and Slit skin smear(SSS).Methods: Patients clinically suggestive of CL lesions were subjected to parasitological investigations. The clinical history was collected by the researcher. Samples were collected by a qualified trained medical officer from the suspected CL lesions at the dermatology clinic in the Hambantota hospital and from the patients coming to the Department of Parasitology, Faculty of Medical Sciences, University of Sri Jayewardenepura. RDT was done at the Hambantota hospital and samples were brought to the Department of Parasitology, to perform SSS, PCR and cultures.Results: Fifty samples have been collected thus far and PCR was performed only in 48 samples. Out of the 50 samples only 9 were positive by RDT and 32 by SSS and PCR. The 9 samples that were positive for RDT were positive by SSS and 7 positive by PCR. Of the 41 samples that were negative by RDT, 16 were negative by PCR as well as SSS.Conclusions: From the data collected it can concluded that RDT is not the best method to diagnose CL skin lesions in patients in Sri Lanka. Also it confirms that the best method to diagnose leishmaniasis is PCR

Hypothermia for encephalopathy in low and middle-income countries (HELIX): Study protocol for a randomised controlled trial

BACKGROUND: Therapeutic hypothermia reduces death and disability after moderate or severe neonatal encephalopathy in high-income countries and is used as standard therapy in these settings. However, the safety and efficacy of cooling therapy in low- and middle-income countries (LMICs), where 99% of the disease burden occurs, remains unclear. We will examine whether whole body cooling reduces death or neurodisability at 18-22 months after neonatal encephalopathy, in LMICs. METHODS: We will randomly allocate 408 term or near-term babies (aged ≤ 6 h) with moderate or severe neonatal encephalopathy admitted to public sector neonatal units in LMIC countries (India, Bangladesh or Sri Lanka), to either usual care alone or whole-body cooling with usual care. Babies allocated to the cooling arm will have core body temperature maintained at 33.5 °C using a servo-controlled cooling device for 72 h, followed by re-warming at 0.5 °C per hour. All babies will have detailed infection screening at the time of recruitment and 3 Telsa cerebral magnetic resonance imaging and spectroscopy at 1-2 weeks after birth. Our primary endpoint is death or moderate or severe disability at the age of 18 months. DISCUSSION: Upon completion, HELIX will be the largest cooling trial in neonatal encephalopathy and will provide a definitive answer regarding the safety and efficacy of cooling therapy for neonatal encephalopathy in LMICs. The trial will also provide important data about the influence of co-existent perinatal infection on the efficacy of hypothermic neuroprotection. TRIAL REGISTRATION: ClinicalTrials.gov, NCT02387385. Registered on 27 February 2015

Urethral catheters: can we reduce use?

<p>Abstract</p> <p>Background</p> <p>Indwelling urinary catheters are the main cause of healthcare-associated urinary tract infections. It can be expected that reduction of the use of urinary catheters will lead to decreased numbers of urinary tract infection.</p> <p>Methods</p> <p>The efficacy of an intervention programme to improve adherence to recommendations to reduce the use of urethral catheters was studied in a before-after comparison in ten Dutch hospitals. The programme detected barriers and facilitators and each individual facility was supported with developing their own intervention strategy. Outcome was evaluated by the prevalence of catheters, alternatives such as diapers, numbers of urinary tract infections, the percentage of correct indications and the duration of catheterization. The costs of the implementation as well as the catheterization were evaluated.</p> <p>Results</p> <p>Of a population of 16,495 hospitalized patients 3335 patients of whom 2943 were evaluable for the study, had a urethral catheter. The prevalence of urethral catheters decreased insignificantly in neurology (OR 0.93; 95% CI 0.77 - 1.13) and internal medicine wards (OR 0.97; 95% CI 0.83 - 1.13), decreased significantly in surgical wards (OR 0.84; 95% CI 0.75 - 0.96), but increased significantly in intensive care (IC) and coronary care (CC) units (OR 1.48; 95% CI 1.01 - 2.17). The use of alternatives was limited and remained so after the intervention. Duration of catheterization decreased insignificantly in IC/CC units (ratio after/before 0.95; 95% CI 0.78 - 1.16) and neurology (ratio 0.97; 95% CI 0.80 - 1.18) and significantly in internal medicine (ratio 0.81; 95% CI 0.69 - 0.96) and surgery wards (ratio 0.80; 95% CI 0.71 - 0.90). The percentage of correct indications on the day of inclusion increased from 50 to 67% (p < 0.0001). The prevalence of urinary tract infections in catheterized patients did not change. The mean cost saved per 100 patients was € 537.</p> <p>Conclusion</p> <p>Targeted implementation of recommendations from an existing guideline can lead to better adherence and cost savings. Especially, hospitals which use a lot of urethral catheters or where catheterization is prolonged, can expect important improvements.</p