MiFID II - Your Call Recording Obligations Explained
•
0 likes•21 views
The document discusses the MiFID II regulations regarding recording of telephone conversations and electronic communications for investment firms. It states that firms must take reasonable steps to record in-scope calls and communications, which include those directly related to transactions or intended to result in transactions. Firms must also prevent employees from using personal devices for such communications unless they can be recorded. The document outlines various rules for record keeping, storage, and technology.
Report
Share
Report
Share
Download to read offline
Recommended
Internal Controls over Indian Financial Reporting
Corporate Accountability has been gaining its momentum in the Indian Scenario. The Companies Act 2013 has now benchmarked itself to regulations like the Sarbanes-Oxley Act and stresses on the fact the auditor has to give an opinion on the Internal controls that handle Financial Data and are operating effectively. Section 134 and Section 143 of the Companies Act 2013 highlights the requirements for documenting, implementing, enforcing and auditing those internal controls which handle Financial Data.
This article provides an introduction of Internal Controls over Financial Reporting in the Indian perspective.
MiFID II Report
This document discusses the new MiFID II regulations for recording client communications that will take effect in January 2017. Key points include:
- MiFID II expands requirements for recording relevant phone calls, emails and meetings between financial firms and clients to demonstrate terms of transactions and detect market abuse.
- It affects a wide range of financial firms and requires records be kept for 5-7 years. Firms must invest in technology that can handle high volumes of recorded communications and mobile recordings.
- There are concerns about significant costs of implementation and lack of clarity around what communications must be recorded. Firms will need to select holistic recording solutions that cover all communication channels by late 2016.
Carrie Peter
The document discusses the use of eSignatures to digitize processes that were traditionally paper-based. It notes that eSignatures allow single interactions to enable multiple digital processes and maximize value. It also outlines relevant legislation around eSignatures and prescriptions in South Africa. Compliance with various acts is required regarding consent, agreements, identity verification and securely storing records for mandated periods. The consequences of non-compliance, like data breaches and fines, are also mentioned. Overall the document promotes eSignatures as a way to improve processes, reduce costs and prevent fraud.
Out
This document summarizes key intellectual property (IP) issues related to outsourcing. It discusses why outsourcing is common, particularly for small- and medium-sized enterprises. It also outlines merits and risks of outsourcing as well as considerations for managing risks. The document then examines IP issues that can arise, such as ownership of IP developed during outsourcing agreements and protecting confidential information. It concludes by emphasizing the importance of thorough termination provisions in outsourcing contracts.
Mobile Phone Policy
The Cell phone policy at work is meant for the allotment of mobile phones to the organizational employees for business. It is in fact given to employee whose job demands to be contactable or require mobile application to perform their role.
For more information visit https://www.hrhelpboard.com/hr-policies/mobile-policy.htm
BKMSH Effective Use of SOC III
Service Organization Control practices relate to a world of privacy breaches and fraud, where Service Organization Control have come under the scrutiny of the government to ensure the confidentiality and integrity of user entities’ sensitive data.
FTC overview on glba final rule on safeguards 2010 Compliance Presentation
This was a presentation for a large dealer group on the how and why to follow the rules of the FTC Safeguard. This was designed to target the sales level employees since they are usually the main risk point
19 Tips for Achieving TCPA Compliance in Your Contact Center
The document provides 19 tips for contact centers to achieve compliance with the Telephone Consumer Protection Act (TCPA). The tips include consulting legal counsel to understand TCPA requirements, drafting do-not-call policies and procedures, obtaining express written consent from customers, and ensuring third-party vendors also comply with TCPA standards. Following these best practices can help reduce the risk of litigation and fines from TCPA violations.
Recommended
Internal Controls over Indian Financial Reporting
Corporate Accountability has been gaining its momentum in the Indian Scenario. The Companies Act 2013 has now benchmarked itself to regulations like the Sarbanes-Oxley Act and stresses on the fact the auditor has to give an opinion on the Internal controls that handle Financial Data and are operating effectively. Section 134 and Section 143 of the Companies Act 2013 highlights the requirements for documenting, implementing, enforcing and auditing those internal controls which handle Financial Data.
This article provides an introduction of Internal Controls over Financial Reporting in the Indian perspective.
MiFID II Report
This document discusses the new MiFID II regulations for recording client communications that will take effect in January 2017. Key points include:
- MiFID II expands requirements for recording relevant phone calls, emails and meetings between financial firms and clients to demonstrate terms of transactions and detect market abuse.
- It affects a wide range of financial firms and requires records be kept for 5-7 years. Firms must invest in technology that can handle high volumes of recorded communications and mobile recordings.
- There are concerns about significant costs of implementation and lack of clarity around what communications must be recorded. Firms will need to select holistic recording solutions that cover all communication channels by late 2016.
Carrie Peter
The document discusses the use of eSignatures to digitize processes that were traditionally paper-based. It notes that eSignatures allow single interactions to enable multiple digital processes and maximize value. It also outlines relevant legislation around eSignatures and prescriptions in South Africa. Compliance with various acts is required regarding consent, agreements, identity verification and securely storing records for mandated periods. The consequences of non-compliance, like data breaches and fines, are also mentioned. Overall the document promotes eSignatures as a way to improve processes, reduce costs and prevent fraud.
Out
This document summarizes key intellectual property (IP) issues related to outsourcing. It discusses why outsourcing is common, particularly for small- and medium-sized enterprises. It also outlines merits and risks of outsourcing as well as considerations for managing risks. The document then examines IP issues that can arise, such as ownership of IP developed during outsourcing agreements and protecting confidential information. It concludes by emphasizing the importance of thorough termination provisions in outsourcing contracts.
Mobile Phone Policy
The Cell phone policy at work is meant for the allotment of mobile phones to the organizational employees for business. It is in fact given to employee whose job demands to be contactable or require mobile application to perform their role.
For more information visit https://www.hrhelpboard.com/hr-policies/mobile-policy.htm
BKMSH Effective Use of SOC III
Service Organization Control practices relate to a world of privacy breaches and fraud, where Service Organization Control have come under the scrutiny of the government to ensure the confidentiality and integrity of user entities’ sensitive data.
FTC overview on glba final rule on safeguards 2010 Compliance Presentation
This was a presentation for a large dealer group on the how and why to follow the rules of the FTC Safeguard. This was designed to target the sales level employees since they are usually the main risk point
19 Tips for Achieving TCPA Compliance in Your Contact Center
The document provides 19 tips for contact centers to achieve compliance with the Telephone Consumer Protection Act (TCPA). The tips include consulting legal counsel to understand TCPA requirements, drafting do-not-call policies and procedures, obtaining express written consent from customers, and ensuring third-party vendors also comply with TCPA standards. Following these best practices can help reduce the risk of litigation and fines from TCPA violations.
VoxSmart MiFID II Report
The document discusses the new MiFID II regulations for recording client communications that will take effect in January 2017. Key points include: MiFID II expands requirements to record all relevant phone calls, emails and meetings rather than just calls; it increases the retention period to 5 years from 3 months; and affects a wider range of financial firms. There is concern about the costs of implementing comprehensive recording solutions and storing large volumes of communications. Firms must take action now to evaluate recording options and ensure compliance by the deadline.
C:\Documents And Settings\User\Desktop\Wipo Smes Sha 04 10 B
This document discusses several key issues related to intellectual property (IP) in outsourcing and international trade. It addresses the following main points:
1. Outsourcing involves transferring non-core functions to third-party vendors in order to improve efficiency and reduce costs. However, it also carries risks related to disclosure of proprietary information, ownership of IP developed during the outsourcing process, and potential infringement of third-party IP rights.
2. When outsourcing, companies must implement protections for trade secrets such as non-disclosure agreements, classification of confidential information, and monitoring. Contracts should also clarify ownership of newly developed IP and responsibilities for indemnification.
3. Additional considerations for outs
Trade secret litigation
Trade secret litigation involves two aspects: violations of trade secret law through misappropriation without permission, and violations of non-disclosure agreements. Companies can protect their trade secrets through physical security measures, contractual agreements requiring confidentiality, and educating employees on protecting trade secrets. If a trade secret dispute cannot be resolved privately, the case will proceed through the court system with the trade secret owner needing to prove misappropriation through evidence presented at trial.
MiFID II Update August 2017
Chris Pitt, Head of Market Analysis UK, details the upcoming implementation of the EU’s second Markets in Financial Instruments Directive (MiFID II).
Compliances for Manufacturing Business
The document discusses manufacturing and what activities constitute manufacturing according to law. It provides definitions of manufacturing from the Factories Act and judicial pronouncements. Some activities that courts have considered manufacturing processes include printing, food preparation, breaking rocks, and packaging goods. The document also discusses ongoing compliances, shifting/closure procedures, and factors like industry, location, and employee strength that influence applicable compliance requirements for the manufacturing sector. It provides an overview of key laws like the Factories Act, Electricity Act, and welfare statutes. The importance of leadership in ensuring compliance and creating an effective compliance management system are also covered.
Eastern Promise - a Guide for Retailers on Expansion in China
This presentation offers retailers a summary of the main legal and associated issues presented by expansion into China, and practical advice as to how best to deal with them.
IP Sentinel Fund Services - Due Diligence for SYSC 8 IT outsourcing
IP Sentinel offer a range of services to FCA regulated firms who already are outsourcing some of or all their IT, or want to.
Top 6 provisions you should know to prevent outsourcing pitfalls
The document discusses six key provisions that should be included in an outsourcing agreement to prevent potential pitfalls: 1) Protect intellectual property, 2) Ensure data privacy, 3) Require consent for subcontracting, 4) Include an exit strategy, 5) Establish dispute resolution procedures, and 6) Agree on processes to ensure security standards. Having a well-drafted outsourcing agreement with these provisions can help minimize risks when outsourcing business functions overseas.
Protecting Your Trade Secrets
This document discusses protecting trade secrets. It notes that U.S. businesses lost over $60 billion annually due to intellectual property theft, with 40% from loss of trade secrets like customer lists and formulas. A trade secret is confidential business information that provides a competitive advantage. The biggest risk of trade secret theft comes from current and former employees. Companies should identify their trade secrets, implement security controls like confidentiality agreements, and conduct exit interviews to protect this valuable information.
Control and audit of information System (hendri eka saputra)
This document provides an overview of internal controls and information system auditing. It defines internal controls as processes designed to provide reasonable assurance of achieving objectives related to operations, financial reporting, and compliance. It discusses control objectives, components of internal controls including the control environment, risk assessment, control activities, information and communication, and monitoring. The document also covers the Foreign Corrupt Practices Act, types of financial reporting controls, segregation of duties, accounting systems, limitations of internal controls, and the role of internal controls in financial audits.
IP Sentinel Fund Manager Services SYSC 8 Overview
The document discusses regulatory requirements for outsourcing critical or important operational functions. It states that firms must take reasonable steps to avoid additional operational risk when outsourcing critical functions and must not outsource in a way that impairs internal controls or regulators' ability to monitor compliance. It also provides detailed rules on governance, oversight, contingency planning, and information sharing requirements for outsourcing.
6 software contracts
This lecture include introduction to software contracts. Before starting development companies prepare agreement document to deal with conflicts afterwards.
Webinar: ZOOM + MiFID II > Call Recording
Agenda:
- MiFID II Background
- The Current State of MiFID II
- ZOOM + MiFID II Overview
- Example Directives, Regulations, and Guidance
- ZOOM + MiFID II
- Availability
- Capabilities
- Demonstration
Video Enabled Business Processes (VEBP)
Communications enablement applicability across industries and across vertical applications (CRM, PLM, SCM, ERP, etc.)
10 07-14 hosting con europe 2014 presentation unannotated
The document discusses creating effective global contracts for internet businesses. It provides tips for drafting clear and compliant contract language while protecting the business. Key points include conducting a thorough review of contracts, ensuring data protection and security compliance as a competitive advantage, starting from the customer's perspective, and addressing issues like indemnification, warranties and service level agreements in plain language terms. The presenters provide expertise in international legal advice and European data protection law.
smart guide to compliant call recording
1) Mobile call recording is becoming increasingly important for compliance and risk management purposes, especially in regulated industries like banking where communications must be recorded.
2) However, recording mobile calls is challenging as most users have a single device for both personal and work use. Existing app-based or SIM-based recording methods are limited.
3) Smartnumbers Mobile Plus is a new cloud-based service that assigns a business phone number to an employee's personal mobile device. Any calls made on the business number are recorded, while personal calls remain private. This allows for easy, effective mobile call recording without hardware.
What is an inbound dialer system.pdf
Customers' calls are received by an inbound call centre. Inbound call centres are frequently monitored by support personnel because the calls are typically from current customers who have concerns or queries. In contrast, an outbound call centre makes outgoing calls to customers.
Various types of facilities provided by a telephone answering service
with the help of answering services through telephone can help companies construct efficient business bottom-line to consolidate customer services to build a perpetual growth within an organisation.
Six blocks against procurement fraud
Six ways to reduce procurement fraud are discussed: 1) Implementing an e-procurement system provides transparency and has saved Ukraine over $233 million, 2) Developing a culture of ethics through open communication and a written code of conduct, 3) Training employees to trust their instincts and report potential red flags, 4) Restricting access rights when employees change roles to prevent unauthorized access, 5) Requiring two people to authorize supplier changes for security, and 6) Vetting all contractors and subcontractors to know who is involved to prevent issues.
Trade secrete litigation
This document discusses trade secret litigation and protection. It begins by explaining that trade secret litigation involves violations of trade secret law through misappropriation or violations of non-disclosure agreements. It then outlines the process of trade secret litigation, including filing complaints, discovery, trial procedures, and protecting trade secrets during litigation. Finally, it discusses ways companies can protect trade secrets, such as physical security measures, contractual protections like non-compete agreements, and utilizing other intellectual property protections like patents and copyrights.
Apps Break Data
How information systems are built or acquired puts information, which is what they should be about, in a secondary place. Our language adapted accordingly, and we no longer talk about information systems but applications. Applications evolved in a way to break data into diverse fragments, tightly coupled with applications and expensive to integrate. The result is technical debt, which is re-paid by taking even bigger "loans", resulting in an ever-increasing technical debt. Software engineering and procurement practices work in sync with market forces to maintain this trend. This talk demonstrates how natural this situation is. The question is: can something be done to reverse the trend?
5th LF Energy Power Grid Model Meet-up Slides
5th Power Grid Model Meet-up
It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology.
Power Grid Model
The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services.
Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability.
Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization.
What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
More Related Content
Similar to MiFID II - Your Call Recording Obligations Explained
VoxSmart MiFID II Report
The document discusses the new MiFID II regulations for recording client communications that will take effect in January 2017. Key points include: MiFID II expands requirements to record all relevant phone calls, emails and meetings rather than just calls; it increases the retention period to 5 years from 3 months; and affects a wider range of financial firms. There is concern about the costs of implementing comprehensive recording solutions and storing large volumes of communications. Firms must take action now to evaluate recording options and ensure compliance by the deadline.
C:\Documents And Settings\User\Desktop\Wipo Smes Sha 04 10 B
This document discusses several key issues related to intellectual property (IP) in outsourcing and international trade. It addresses the following main points:
1. Outsourcing involves transferring non-core functions to third-party vendors in order to improve efficiency and reduce costs. However, it also carries risks related to disclosure of proprietary information, ownership of IP developed during the outsourcing process, and potential infringement of third-party IP rights.
2. When outsourcing, companies must implement protections for trade secrets such as non-disclosure agreements, classification of confidential information, and monitoring. Contracts should also clarify ownership of newly developed IP and responsibilities for indemnification.
3. Additional considerations for outs
Trade secret litigation
Trade secret litigation involves two aspects: violations of trade secret law through misappropriation without permission, and violations of non-disclosure agreements. Companies can protect their trade secrets through physical security measures, contractual agreements requiring confidentiality, and educating employees on protecting trade secrets. If a trade secret dispute cannot be resolved privately, the case will proceed through the court system with the trade secret owner needing to prove misappropriation through evidence presented at trial.
MiFID II Update August 2017
Chris Pitt, Head of Market Analysis UK, details the upcoming implementation of the EU’s second Markets in Financial Instruments Directive (MiFID II).
Compliances for Manufacturing Business
The document discusses manufacturing and what activities constitute manufacturing according to law. It provides definitions of manufacturing from the Factories Act and judicial pronouncements. Some activities that courts have considered manufacturing processes include printing, food preparation, breaking rocks, and packaging goods. The document also discusses ongoing compliances, shifting/closure procedures, and factors like industry, location, and employee strength that influence applicable compliance requirements for the manufacturing sector. It provides an overview of key laws like the Factories Act, Electricity Act, and welfare statutes. The importance of leadership in ensuring compliance and creating an effective compliance management system are also covered.
Eastern Promise - a Guide for Retailers on Expansion in China
This presentation offers retailers a summary of the main legal and associated issues presented by expansion into China, and practical advice as to how best to deal with them.
IP Sentinel Fund Services - Due Diligence for SYSC 8 IT outsourcing
IP Sentinel offer a range of services to FCA regulated firms who already are outsourcing some of or all their IT, or want to.
Top 6 provisions you should know to prevent outsourcing pitfalls
The document discusses six key provisions that should be included in an outsourcing agreement to prevent potential pitfalls: 1) Protect intellectual property, 2) Ensure data privacy, 3) Require consent for subcontracting, 4) Include an exit strategy, 5) Establish dispute resolution procedures, and 6) Agree on processes to ensure security standards. Having a well-drafted outsourcing agreement with these provisions can help minimize risks when outsourcing business functions overseas.
Protecting Your Trade Secrets
This document discusses protecting trade secrets. It notes that U.S. businesses lost over $60 billion annually due to intellectual property theft, with 40% from loss of trade secrets like customer lists and formulas. A trade secret is confidential business information that provides a competitive advantage. The biggest risk of trade secret theft comes from current and former employees. Companies should identify their trade secrets, implement security controls like confidentiality agreements, and conduct exit interviews to protect this valuable information.
Control and audit of information System (hendri eka saputra)
This document provides an overview of internal controls and information system auditing. It defines internal controls as processes designed to provide reasonable assurance of achieving objectives related to operations, financial reporting, and compliance. It discusses control objectives, components of internal controls including the control environment, risk assessment, control activities, information and communication, and monitoring. The document also covers the Foreign Corrupt Practices Act, types of financial reporting controls, segregation of duties, accounting systems, limitations of internal controls, and the role of internal controls in financial audits.
IP Sentinel Fund Manager Services SYSC 8 Overview
The document discusses regulatory requirements for outsourcing critical or important operational functions. It states that firms must take reasonable steps to avoid additional operational risk when outsourcing critical functions and must not outsource in a way that impairs internal controls or regulators' ability to monitor compliance. It also provides detailed rules on governance, oversight, contingency planning, and information sharing requirements for outsourcing.
6 software contracts
This lecture include introduction to software contracts. Before starting development companies prepare agreement document to deal with conflicts afterwards.
Webinar: ZOOM + MiFID II > Call Recording
Agenda:
- MiFID II Background
- The Current State of MiFID II
- ZOOM + MiFID II Overview
- Example Directives, Regulations, and Guidance
- ZOOM + MiFID II
- Availability
- Capabilities
- Demonstration
Video Enabled Business Processes (VEBP)
Communications enablement applicability across industries and across vertical applications (CRM, PLM, SCM, ERP, etc.)
10 07-14 hosting con europe 2014 presentation unannotated
The document discusses creating effective global contracts for internet businesses. It provides tips for drafting clear and compliant contract language while protecting the business. Key points include conducting a thorough review of contracts, ensuring data protection and security compliance as a competitive advantage, starting from the customer's perspective, and addressing issues like indemnification, warranties and service level agreements in plain language terms. The presenters provide expertise in international legal advice and European data protection law.
smart guide to compliant call recording
1) Mobile call recording is becoming increasingly important for compliance and risk management purposes, especially in regulated industries like banking where communications must be recorded.
2) However, recording mobile calls is challenging as most users have a single device for both personal and work use. Existing app-based or SIM-based recording methods are limited.
3) Smartnumbers Mobile Plus is a new cloud-based service that assigns a business phone number to an employee's personal mobile device. Any calls made on the business number are recorded, while personal calls remain private. This allows for easy, effective mobile call recording without hardware.
What is an inbound dialer system.pdf
Customers' calls are received by an inbound call centre. Inbound call centres are frequently monitored by support personnel because the calls are typically from current customers who have concerns or queries. In contrast, an outbound call centre makes outgoing calls to customers.
Various types of facilities provided by a telephone answering service
with the help of answering services through telephone can help companies construct efficient business bottom-line to consolidate customer services to build a perpetual growth within an organisation.
Six blocks against procurement fraud
Six ways to reduce procurement fraud are discussed: 1) Implementing an e-procurement system provides transparency and has saved Ukraine over $233 million, 2) Developing a culture of ethics through open communication and a written code of conduct, 3) Training employees to trust their instincts and report potential red flags, 4) Restricting access rights when employees change roles to prevent unauthorized access, 5) Requiring two people to authorize supplier changes for security, and 6) Vetting all contractors and subcontractors to know who is involved to prevent issues.
Trade secrete litigation
This document discusses trade secret litigation and protection. It begins by explaining that trade secret litigation involves violations of trade secret law through misappropriation or violations of non-disclosure agreements. It then outlines the process of trade secret litigation, including filing complaints, discovery, trial procedures, and protecting trade secrets during litigation. Finally, it discusses ways companies can protect trade secrets, such as physical security measures, contractual protections like non-compete agreements, and utilizing other intellectual property protections like patents and copyrights.
Similar to MiFID II - Your Call Recording Obligations Explained (20)
C:\Documents And Settings\User\Desktop\Wipo Smes Sha 04 10 B
C:\Documents And Settings\User\Desktop\Wipo Smes Sha 04 10 B
Eastern Promise - a Guide for Retailers on Expansion in China
Eastern Promise - a Guide for Retailers on Expansion in China
IP Sentinel Fund Services - Due Diligence for SYSC 8 IT outsourcing
IP Sentinel Fund Services - Due Diligence for SYSC 8 IT outsourcing
Top 6 provisions you should know to prevent outsourcing pitfalls
Top 6 provisions you should know to prevent outsourcing pitfalls
Control and audit of information System (hendri eka saputra)
Control and audit of information System (hendri eka saputra)
10 07-14 hosting con europe 2014 presentation unannotated
10 07-14 hosting con europe 2014 presentation unannotated
Various types of facilities provided by a telephone answering service
Various types of facilities provided by a telephone answering service
Recently uploaded
Apps Break Data
How information systems are built or acquired puts information, which is what they should be about, in a secondary place. Our language adapted accordingly, and we no longer talk about information systems but applications. Applications evolved in a way to break data into diverse fragments, tightly coupled with applications and expensive to integrate. The result is technical debt, which is re-paid by taking even bigger "loans", resulting in an ever-increasing technical debt. Software engineering and procurement practices work in sync with market forces to maintain this trend. This talk demonstrates how natural this situation is. The question is: can something be done to reverse the trend?
5th LF Energy Power Grid Model Meet-up Slides
5th Power Grid Model Meet-up
It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology.
Power Grid Model
The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services.
Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability.
Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization.
What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift
Overview
Dive into the world of anomaly detection on edge devices with our comprehensive hands-on tutorial. This SlideShare presentation will guide you through the entire process, from data collection and model training to edge deployment and real-time monitoring. Perfect for those looking to implement robust anomaly detection systems on resource-constrained IoT/edge devices.
Key Topics Covered
1. Introduction to Anomaly Detection
- Understand the fundamentals of anomaly detection and its importance in identifying unusual behavior or failures in systems.
2. Understanding Edge (IoT)
- Learn about edge computing and IoT, and how they enable real-time data processing and decision-making at the source.
3. What is ArgoCD?
- Discover ArgoCD, a declarative, GitOps continuous delivery tool for Kubernetes, and its role in deploying applications on edge devices.
4. Deployment Using ArgoCD for Edge Devices
- Step-by-step guide on deploying anomaly detection models on edge devices using ArgoCD.
5. Introduction to Apache Kafka and S3
- Explore Apache Kafka for real-time data streaming and Amazon S3 for scalable storage solutions.
6. Viewing Kafka Messages in the Data Lake
- Learn how to view and analyze Kafka messages stored in a data lake for better insights.
7. What is Prometheus?
- Get to know Prometheus, an open-source monitoring and alerting toolkit, and its application in monitoring edge devices.
8. Monitoring Application Metrics with Prometheus
- Detailed instructions on setting up Prometheus to monitor the performance and health of your anomaly detection system.
9. What is Camel K?
- Introduction to Camel K, a lightweight integration framework built on Apache Camel, designed for Kubernetes.
10. Configuring Camel K Integrations for Data Pipelines
- Learn how to configure Camel K for seamless data pipeline integrations in your anomaly detection workflow.
11. What is a Jupyter Notebook?
- Overview of Jupyter Notebooks, an open-source web application for creating and sharing documents with live code, equations, visualizations, and narrative text.
12. Jupyter Notebooks with Code Examples
- Hands-on examples and code snippets in Jupyter Notebooks to help you implement and test anomaly detection models.
Choosing The Best AWS Service For Your Website + API.pptx
Have you ever been confused by the myriad of choices offered by AWS for hosting a website or an API?
Lambda, Elastic Beanstalk, Lightsail, Amplify, S3 (and more!) can each host websites + APIs. But which one should we choose?
Which one is cheapest? Which one is fastest? Which one will scale to meet our needs?
Join me in this session as we dive into each AWS hosting service to determine which one is best for your scenario and explain why!
Leveraging the Graph for Clinical Trials and Standards
Katja Glaß
OpenStudyBuilder Community Manager - Katja Glaß Consulting
Marius Conjeaud
Principal Consultant - Neo4j
What is an RPA CoE? Session 1 – CoE Vision
In the first session, we will review the organization's vision and how this has an impact on the COE Structure.
Topics covered:
• The role of a steering committee
• How do the organization’s priorities determine CoE Structure?
Speaker:
Chris Bolin, Senior Intelligent Automation Architect Anika Systems
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...Edge AI and Vision Alliance
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/how-axelera-ai-uses-digital-compute-in-memory-to-deliver-fast-and-energy-efficient-computer-vision-a-presentation-from-axelera-ai/
Bram Verhoef, Head of Machine Learning at Axelera AI, presents the “How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-efficient Computer Vision” tutorial at the May 2024 Embedded Vision Summit.
As artificial intelligence inference transitions from cloud environments to edge locations, computer vision applications achieve heightened responsiveness, reliability and privacy. This migration, however, introduces the challenge of operating within the stringent confines of resource constraints typical at the edge, including small form factors, low energy budgets and diminished memory and computational capacities. Axelera AI addresses these challenges through an innovative approach of performing digital computations within memory itself. This technique facilitates the realization of high-performance, energy-efficient and cost-effective computer vision capabilities at the thin and thick edge, extending the frontier of what is achievable with current technologies.
In this presentation, Verhoef unveils his company’s pioneering chip technology and demonstrates its capacity to deliver exceptional frames-per-second performance across a range of standard computer vision networks typical of applications in security, surveillance and the industrial sector. This shows that advanced computer vision can be accessible and efficient, even at the very edge of our technological ecosystem.Biomedical Knowledge Graphs for Data Scientists and Bioinformaticians
Dmitrii Kamaev, PhD
Senior Product Owner - QIAGEN
Your One-Stop Shop for Python Success: Top 10 US Python Development Providers
Simplify your search for a reliable Python development partner! This list presents the top 10 trusted US providers offering comprehensive Python development services, ensuring your project's success from conception to completion.
Skybuffer SAM4U tool for SAP license adoption
Manage and optimize your license adoption and consumption with SAM4U, an SAP free customer software asset management tool.
SAM4U, an SAP complimentary software asset management tool for customers, delivers a detailed and well-structured overview of license inventory and usage with a user-friendly interface. We offer a hosted, cost-effective, and performance-optimized SAM4U setup in the Skybuffer Cloud environment. You retain ownership of the system and data, while we manage the ABAP 7.58 infrastructure, ensuring fixed Total Cost of Ownership (TCO) and exceptional services through the SAP Fiori interface.
Principle of conventional tomography-Bibash Shahi ppt..pptx
before the computed tomography, it had been widely used.
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
The Microsoft 365 Migration Tutorial For Beginner.pptx
This presentation will help you understand the power of Microsoft 365. However, we have mentioned every productivity app included in Office 365. Additionally, we have suggested the migration situation related to Office 365 and how we can help you.
You can also read: https://www.systoolsgroup.com/updates/office-365-tenant-to-tenant-migration-step-by-step-complete-guide/
AppSec PNW: Android and iOS Application Security with MobSF
Mobile Security Framework - MobSF is a free and open source automated mobile application security testing environment designed to help security engineers, researchers, developers, and penetration testers to identify security vulnerabilities, malicious behaviours and privacy concerns in mobile applications using static and dynamic analysis. It supports all the popular mobile application binaries and source code formats built for Android and iOS devices. In addition to automated security assessment, it also offers an interactive testing environment to build and execute scenario based test/fuzz cases against the application.
This talk covers:
Using MobSF for static analysis of mobile applications.
Interactive dynamic security assessment of Android and iOS applications.
Solving Mobile app CTF challenges.
Reverse engineering and runtime analysis of Mobile malware.
How to shift left and integrate MobSF/mobsfscan SAST and DAST in your build pipeline.
Digital Banking in the Cloud: How Citizens Bank Unlocked Their Mainframe
Inconsistent user experience and siloed data, high costs, and changing customer expectations – Citizens Bank was experiencing these challenges while it was attempting to deliver a superior digital banking experience for its clients. Its core banking applications run on the mainframe and Citizens was using legacy utilities to get the critical mainframe data to feed customer-facing channels, like call centers, web, and mobile. Ultimately, this led to higher operating costs (MIPS), delayed response times, and longer time to market.
Ever-changing customer expectations demand more modern digital experiences, and the bank needed to find a solution that could provide real-time data to its customer channels with low latency and operating costs. Join this session to learn how Citizens is leveraging Precisely to replicate mainframe data to its customer channels and deliver on their “modern digital bank” experiences.
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Join us to learn how UiPath Apps can directly and easily interact with prebuilt connectors via Integration Service--including Salesforce, ServiceNow, Open GenAI, and more.
The best part is you can achieve this without building a custom workflow! Say goodbye to the hassle of using separate automations to call APIs. By seamlessly integrating within App Studio, you can now easily streamline your workflow, while gaining direct access to our Connector Catalog of popular applications.
We’ll discuss and demo the benefits of UiPath Apps and connectors including:
Creating a compelling user experience for any software, without the limitations of APIs.
Accelerating the app creation process, saving time and effort
Enjoying high-performance CRUD (create, read, update, delete) operations, for
seamless data management.
Speakers:
Russell Alfeche, Technology Leader, RPA at qBotic and UiPath MVP
Charlie Greenberg, host
Essentials of Automations: Exploring Attributes & Automation Parameters
Building automations in FME Flow can save time, money, and help businesses scale by eliminating data silos and providing data to stakeholders in real-time. One essential component to orchestrating complex automations is the use of attributes & automation parameters (both formerly known as “keys”). In fact, it’s unlikely you’ll ever build an Automation without using these components, but what exactly are they?
Attributes & automation parameters enable the automation author to pass data values from one automation component to the next. During this webinar, our FME Flow Specialists will cover leveraging the three types of these output attributes & parameters in FME Flow: Event, Custom, and Automation. As a bonus, they’ll also be making use of the Split-Merge Block functionality.
You’ll leave this webinar with a better understanding of how to maximize the potential of automations by making use of attributes & automation parameters, with the ultimate goal of setting your enterprise integration workflows up on autopilot.
"Choosing proper type of scaling", Olena Syrota
Imagine an IoT processing system that is already quite mature and production-ready and for which client coverage is growing and scaling and performance aspects are life and death questions. The system has Redis, MongoDB, and stream processing based on ksqldb. In this talk, firstly, we will analyze scaling approaches and then select the proper ones for our system.
Recently uploaded (20)
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Choosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptx
Leveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and Standards
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
Biomedical Knowledge Graphs for Data Scientists and Bioinformaticians
Biomedical Knowledge Graphs for Data Scientists and Bioinformaticians
Overcoming the PLG Trap: Lessons from Canva's Head of Sales & Head of EMEA Da...
Overcoming the PLG Trap: Lessons from Canva's Head of Sales & Head of EMEA Da...
Your One-Stop Shop for Python Success: Top 10 US Python Development Providers
Your One-Stop Shop for Python Success: Top 10 US Python Development Providers
Principle of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptx
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
The Microsoft 365 Migration Tutorial For Beginner.pptx
The Microsoft 365 Migration Tutorial For Beginner.pptx
AppSec PNW: Android and iOS Application Security with MobSF
AppSec PNW: Android and iOS Application Security with MobSF
Digital Banking in the Cloud: How Citizens Bank Unlocked Their Mainframe
Digital Banking in the Cloud: How Citizens Bank Unlocked Their Mainframe
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Essentials of Automations: Exploring Attributes & Automation Parameters
Essentials of Automations: Exploring Attributes & Automation Parameters
MiFID II - Your Call Recording Obligations Explained
- 1. MiFID II Your Call Recording Obligations Explained www.ghmcommunications.com
- 2. “A firm must take all reasonable steps to record telephone conversations, and keep a copy of electronic communications” in relation to in-scope activities. In-scope conversations include those that: • Are directly related to the conclusion of the transaction; or • Intended to result in a transaction insofar as those calls are linked to a reasonable prospect of the firm bringing about a transaction by its own volition; and • On equipment provided by the firm to an employee or contractor or the use of which by an employee or contractor has been accepted or permitted by the firm. The Overarching Obligation 1
- 3. “A firm must take all reasonable steps to prevent an employee or contractor from making, sending, or receiving relevant telephone conversations and electronic communications on privately-owned equipment which the firm is unable to record or copy”. Personal Device Rules 2
- 4. You should: • Keep for five years from the date of the conversation or communication unless the FCA requests a period of seven years • Access them readily and to reconstitute each key stage of the processing of each transaction • “Audit trail” over amendments to records • Efficient exploitation when the analysis of the data cannot be easily carried out due to the volume and the nature of the data • Investment firms shall keep and regularly update a record of those individuals who have firm devices or privately-owned devices that have been approved for use by the firm. Additional Rules 3
- 5. Records shall be stored in a durable medium, which allows them to be replayed or copied and must be retained in a format that does not allow the original record to be altered or deleted. Records shall be stored in a medium so that they are readily accessible and available to clients on request. Firms shall ensure the quality, accuracy and completeness of the records of all telephone recordings and electronic communications. Storage Rules 4
- 6. “Investment firms shall ensure that the arrangements to comply with recording requirements are technology-neutral.” Technology Rules 5
- 7. Sales Could be arranging deals in investments but note the AIFMD/UCITS marketing exemption Investment analyst • Might not be undertaking regulated activities directly • Would depend on whether they are a CF30 Portfolio manager Instructing brokers or internal dealing desks Trader As portfolio manager above Middle office Querying orders and inputting corrected terms not CF30 but scope could be wider Back office Might not be undertaking regulated activities directly Which level of employees should be recorded? 6
- 8. GHM Communications provides both complete telephone systems with call recording included as standard, or call recording as an add on solution for your existing system. Contact one of our Call Recording/Telephony experts for more information. The Solution 7 Tel: 01865 367111 www.ghmcommunications.com