A process model provides more information than a Discovery Map by showing high-level business processes, sub-processes, branch points, end results, and manual steps. In contrast, a Discovery Map focuses only on the automated happy path and cannot represent overall process flow, manual steps, branch points, or alternate flows. While a Discovery Map aims to capture high-level steps, it fails to convey important details needed to understand the full business process and generate an accurate flow rule.
Communication between (micro-)services - Bernd Rücker - Codemotion Amsterdam ...Codemotion
Have a bunch of nicely decoupled (micro-)services (e.g. checkout, payment & shipping) raises questions: How do the services communicate - synchronous, asynchronous or event-driven? How can you implement complex end-to-end use cases (e.g. a customer order)? How can you tackle the challenges around distributed systems? What does all this mean for us as developers? In this talk I discuss the impact of different solutions to your architecture. I will show various recipes around fail fast, retry, back pressure or business transactions using the Saga pattern.
While every business leader knows business process at some level, not many can actually identify the main group of business processes within their organization and articulate the role and purpose of each. To address this knowledge gap, here is a short primer on business process and the essential elements that every professional needs to know when talking business process with their colleagues.
There is a perception that Pegasystems PRPC can be used to create BPMN-compliant process models. However, I consider this perception to be incorrect.
This slide show takes you through my reasoning
Introduction to Business Process Model and Notation (BPMN) - OSSCamp 2014OSSCube
BPMN is Method of illustrating business processes in the form of a diagram similar to a flowchart. Originally developed by the Business Process Management Initiative (BPMI).
Currently maintained by the Object Management Group (OMG). The current
version of BPMN is 2.0.
Communication between (micro-)services - Bernd Rücker - Codemotion Amsterdam ...Codemotion
Have a bunch of nicely decoupled (micro-)services (e.g. checkout, payment & shipping) raises questions: How do the services communicate - synchronous, asynchronous or event-driven? How can you implement complex end-to-end use cases (e.g. a customer order)? How can you tackle the challenges around distributed systems? What does all this mean for us as developers? In this talk I discuss the impact of different solutions to your architecture. I will show various recipes around fail fast, retry, back pressure or business transactions using the Saga pattern.
While every business leader knows business process at some level, not many can actually identify the main group of business processes within their organization and articulate the role and purpose of each. To address this knowledge gap, here is a short primer on business process and the essential elements that every professional needs to know when talking business process with their colleagues.
There is a perception that Pegasystems PRPC can be used to create BPMN-compliant process models. However, I consider this perception to be incorrect.
This slide show takes you through my reasoning
Introduction to Business Process Model and Notation (BPMN) - OSSCamp 2014OSSCube
BPMN is Method of illustrating business processes in the form of a diagram similar to a flowchart. Originally developed by the Business Process Management Initiative (BPMI).
Currently maintained by the Object Management Group (OMG). The current
version of BPMN is 2.0.
While building a payment system into an ecommerce store may be a simple integration, creating those same payment solutions in the context of a cross-platform, real-time HTML5 game is a completely different story. In this talk we will explore how to integrate a real-time store experience into the context of an HTML5 game.
Video available at http://www.youtube.com/watch?v=4sQYYCx_CQM&feature=em-share_video_user
Presentation on In-App Payments with HTML5 at Silicon Valley Code Camp (October 7th, 2012)
Making $$$ in the Freemium World of Google AppsSocialwok
Socialwok's 18 Mar presentation at Paypal Singapore Suntec 5 offices on how Socialwok uses Paypal-x to power our freemium business model
http://socialwok.com
Talk given at DDDx London on 27th of April about how to implement long running processes in Domain Driven Design properly. Describes patterns like Process Manager and Saga.
Audio from this sessions available at http://bit.ly/angelhacksf_paypal_audio - December 1st, 2012 presentation on PayPal products at AngelHack Bay Area (PayPal HQ, San Jose, CA)
Integration of payment gateways using Paypal account Phenom People
E-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateway protects credit cards details encrypting sensitive information, such as credit card numbers, to ensure that information pass securely between the customer and the merchant and also between merchant and payment processor.
Business analysis is about more than software requirementsDeclan Chellar
When business analysis is limited to (or centred around) the software development lifecycle, it ceases to be about defining the needs of the business and instead supports the main need of the solution provider: deliver software to schedule, which should be a means and not an end in itself.
While building a payment system into an ecommerce store may be a simple integration, creating those same payment solutions in the context of a cross-platform, real-time HTML5 game is a completely different story. In this talk we will explore how to integrate a real-time store experience into the context of an HTML5 game.
Video available at http://www.youtube.com/watch?v=4sQYYCx_CQM&feature=em-share_video_user
Presentation on In-App Payments with HTML5 at Silicon Valley Code Camp (October 7th, 2012)
Making $$$ in the Freemium World of Google AppsSocialwok
Socialwok's 18 Mar presentation at Paypal Singapore Suntec 5 offices on how Socialwok uses Paypal-x to power our freemium business model
http://socialwok.com
Talk given at DDDx London on 27th of April about how to implement long running processes in Domain Driven Design properly. Describes patterns like Process Manager and Saga.
Audio from this sessions available at http://bit.ly/angelhacksf_paypal_audio - December 1st, 2012 presentation on PayPal products at AngelHack Bay Area (PayPal HQ, San Jose, CA)
Integration of payment gateways using Paypal account Phenom People
E-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateway protects credit cards details encrypting sensitive information, such as credit card numbers, to ensure that information pass securely between the customer and the merchant and also between merchant and payment processor.
Business analysis is about more than software requirementsDeclan Chellar
When business analysis is limited to (or centred around) the software development lifecycle, it ceases to be about defining the needs of the business and instead supports the main need of the solution provider: deliver software to schedule, which should be a means and not an end in itself.
Before attempting to model a business process, you should first define its scope so you know how it starts, how it ends and whether it is really one process or many.
I have uploaded Iliad Book 1 as an example of why detail that can be read in your own time, should not be presented to you in Powerpoint. See my blog post: http://www.chellar.com/AnalysisFu/?p=2049
Just as functional requirements are traced from business need to implementation, data requirements should be traced to eliminate redundancy and ensure coverage. The following procedure facilitates the tracing of data requirements to their source.
The Importance of Data Analysis in Producing a Robust Physical Data ModelDeclan Chellar
This slideshow is an introduction to the importance of data analysis in producing a robust physical data model and the hierarchy of the levels of analysis. The intended audience is software requirements analysts.
A few cartoons I drew on the difference between no requirements analysis and good requirements analysis (and the difference between analysis and design).
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Discovery Maps According to Pega
• A Discovery Map is a flexible process mapping
tool that captures a project's high level
processing steps in business terms.
• Steps are color-coded to indicate a flow shape:
• Sub Process - Blue
• Human Based Step - Green
• Automated Step - Yellow
• Integration - Red
(Pega Developers Network article PRKB-26125)
21. The “Take Payment” Sub-process
Let’s convert this sub-
process into a
Discovery Map.
22. The “Take Payment” Sub-process
Any User/System
interactions are
represented by green
shapes.
23. The “Take Payment” Sub-process
Any steps the System
carries out without
input from the User are
yellow.
24. The “Take Payment” Sub-process
Except for steps where
the System integrates
with another
system, which are red.
25. The “Take Payment” Sub-process
An understanding of
any manual steps is key
to understanding the
business need.
26. The “Take Payment” Sub-process
But a Discovery Map
cannot show manual
steps.
27. The “Take Payment” Sub-process
Nor can a Discovery
Map show end results.
28. The “Take Payment” Sub-process
Or branch points and
their alternate paths.
29. The “Take Payment” Sub-process
A Discovery Map does
know the sequence of
steps in the “Happy”
path.
30. The “Take Payment” Sub-process
By virture of the
sequence in which you
place the steps on the
Discovery Map itself.
Check whether
Input Payment Submit payment Display payment
duplicate
Details request to Bank confirmation
payment
31. The “Take Payment” Sub-process
But since a Discovery
Map does not know
about branch points or
alternate flows…
32. The “Take Payment” Sub-process
…it has no idea what
the correct sequence
of alternate steps is or
where they fit.
Check whether
Input Payment Submit payment Display payment
duplicate
Details request to Bank confirmation
payment
Save payment Display error
details message
33. The “Take Payment” Sub-process
So alternate steps are
lumped together after
a red divider on the
Discovery Map.
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
34. The “Take Payment” Sub-process
Let’s remind ourselves
of the wealth of
information in the
visual process model.
35. The “Take Payment” Sub-process
Versus what the
equivalent Discovery
Map can show us.
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
36. The “Take Payment” Sub-process
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
“A Discovery Map is a flexible process
mapping tool that captures a project's high
level processing steps in business terms.”
(Pega Developers Network)
37. The “Take Payment” Sub-process
PRPC can automatically
generate a Flow Rule
from a Discovery Map.
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
38. The “Take Payment” Sub-process
Start Our Discovery Map
would generate a Flow
Rule like this.
CapturePayment
Details
Display Error
Check for Message
Duplicate
Payment
Save
Submit Payment Payment
Request to Bank Details
Display
Confirmation
39. The “Take Payment” Sub-process
Start
Notice the absence of
branch points.
CapturePayment
Details
Display Error
Check for Message
Duplicate
Payment
Save
Submit Payment Payment
Request to Bank Details
Display
Confirmation
40. The “Take Payment” Sub-process
Start And how the alternate
flows are poorly
represented.
CapturePayment
Details
Display Error
Check for Message
Duplicate
Payment
Save
Submit Payment Payment
Request to Bank Details
Display
Confirmation
41. The “Take Payment” Sub-process
Start
The draft Flow Rule we
really need would be
CapturePayment
Details more like this.
Duplicate Duplicate
Payment
Not Duplicate
Immediate Immediate Submit Payment
Payment Request to Bank
Future
Submit Not Successful Display Error
Successful Message
Save
Payment Successful
Details
Display
Confirmation
42. The “Take Payment” Sub-process
Start
But the DM cannot
generate the actual
CapturePayment draft Flow Rule
Details
needed.
Duplicate Duplicate
Payment
Not Duplicate
Immediate Immediate Submit Payment
Payment Request to Bank
Future
Submit Not Successful Display Error
Successful Message
Save
Payment Successful
Details
Display
Confirmation
43. Recap
The Discovery Map is
supposed to model the
business process.
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
44. Recap
But at best all it can
model is this.
Check whether
Input Payment Submit payment Display payment Save payment Display error
duplicate
Details request to Bank confirmation details message
payment
46. The “Take Payment” Sub-process
Start A Discovery Map is
supposed to generate a
Flow Rule.
CapturePayment
Details
Display Error
Check for Message
Duplicate
Payment
Save
Submit Payment Payment
Request to Bank Details
Display
Confirmation
47. The “Take Payment” Sub-process
Start
But the best it can do is
this.
CapturePayment
Details
Display Error
Check for Message
Duplicate
Payment
Save
Submit Payment Payment
Request to Bank Details
Display
Confirmation
48. Recap
Start
Instead of this.
CapturePayment
Details
Duplicate Duplicate
Payment
Not Duplicate
Immediate Immediate Submit Payment
Payment Request to Bank
Future
Submit Not Successful Display Error
Successful Message
Save
Payment Successful
Details
Display
Confirmation
49. Recap
When you go into your
DCO sessions armed
with this…
50. Recap
Start
…it takes only minutes
to produce this Flow
CapturePayment
Details Rule manually.
Duplicate Duplicate
Payment
Not Duplicate
Immediate Immediate Submit Payment
Payment Request to Bank
Future
Submit Not Successful Display Error
Successful Message
Save
Payment Successful
Details
Display
Confirmation
51. Discovery Maps in Reality
• A Discovery Map is NOT flexible because it
cannot model branch points or alternate
flows.
• Because DM shapes indicate Flow Rule
shapes, a DM does NOT model in business
terms, but in PRPC implementation terms.
• A DM can only model what is to be
implemented in PRPC, so does NOT model the
entire business process.
52. Recommendation
• If you want to document business process
within PRPC:
1. Model the process using BPMN before your Pega
project starts
2. Build your Flow Rules manually based on the
process models (it only takes minutes if your
models are robust)
3. Attach the process model to the relevant Flow
Rule (that is DCO too, you know)