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National Bank Surveillance System
The National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all natio ... (OCC) "to assist in the early detection of problem banks and bank management," for the purpose of initiating early corrective action. Essentially an early-warning system, the NBSS was first implemented in 1975. It produces Bank Performance Reports (BPRs) as its primary analytical tool. Notes Banking in the United States Surveillance {{bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embedded System
An embedded system is a computer system—a combination of a computer processor, computer memory, and input/output peripheral devices—that has a dedicated function within a larger mechanical or electronic system. It is ''embedded'' as part of a complete device often including electrical or electronic hardware and mechanical parts. Because an embedded system typically controls physical operations of the machine that it is embedded within, it often has real-time computing constraints. Embedded systems control many devices in common use today. , it was estimated that ninety-eight percent of all microprocessors manufactured were used in embedded systems. Modern embedded systems are often based on microcontrollers (i.e. microprocessors with integrated memory and peripheral interfaces), but ordinary microprocessors (using external chips for memory and peripheral interface circuits) are also common, especially in more complex systems. In either case, the processor(s) u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Off-site Data Protection
In computing, off-site data protection, or vaulting, is the strategy of sending critical data out of the main location (''off'' the main ''site'') as part of a disaster recovery plan. Data is usually transported off-site using removable storage media such as magnetic tape or optical storage. Data can also be sent electronically via a remote backup service, which is known as ''electronic vaulting'' or ''e-vaulting''. Sending backups off-site ensures systems and servers can be reloaded with the latest data in the event of a disaster, accidental error, or system crash. Sending backups off-site also ensures that there is a copy of pertinent data that isn’t stored on-site. Although some organizations manage and store their own off-site backups, many choose to have their backups managed and stored by third parties who specialize in the commercial protection of off-site data. Data vaults The storage of off-site data is also known as vaulting, as backups are stored in purpose-built va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of The Comptroller Of The Currency
The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks in the United States. The acting Comptroller of the Currency is Michael J. Hsu, who took office on May 10, 2021. Duties and functions Headquartered in Washington, D.C., it has four district offices located in New York City, Chicago, Dallas and Denver. It has an additional 92 operating locations throughout the United States. It is an independent bureau of the United States Department of the Treasury and is headed by the Comptroller of the Currency, appointed to a five-year term by the President with the consent of the Senate. The OCC pursues a number of main objectives: * to ensure the safety and soundness of the national banking system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FDIC Problem Bank List
In American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks that are in jeopardy of failing. The list is closely monitored, and if problems continue with a listed bank, the FDIC takes control of the bank; it may then sell the problem bank to a stronger one, or liquidate the bank and pay off the depositors. Getting on the list To get onto the FDIC problem bank list, a bank must receive a CAMELS rating by bank examiners of “4” or “5.” The CAMEL rates each element of Capital, Assets, Management, Earnings, and Liquidity Liquidity is a concept in economics involving the convertibility of assets and obligations. It can include: * Market liquidity, the ease with which an asset can be sold * Accounting liquidity, the ability to meet cash obligations when due * Liqu ... from “1” to “5,” with “1” being the best and “5” being the worst. A composite rating is then assigne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warning System
Warning system is any system of biological or technical nature deployed by an individual or group to inform of a future danger. Its purpose is to enable the deployer of the warning system to prepare for the danger and act accordingly to mitigate or avoid it. Warnings cannot be effective unless people react to them. People are more likely to ignore a system that regularly produces false warnings (the cry-wolf effect), but reducing the number of false warnings generally also increases the risk of not giving a warning when it is needed. Some warnings are non-specific: for instance, the probability of an earthquake of a certain magnitude in a certain area over the next decade. Such warnings cannot be used to guide short-term precautions such as evacuation. Opportunities to take long-term precautions, such as better building codes and disaster preparedness, may be ignored. Biological warning systems *Aposematism (e.g. warning coloration) * Climate canary *Fear * Miner's canary *Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance Report
A performance report is a report on the performance of something. They are routinely produced by government bodies which, being financed by public money, are required to show that the money was spent efficiently and usefully. Such reports will contain performance indicators which measure the achievements of the organisation and its programmes. For example, for a police department, the report might show the number of arrests, number of convictions by crime category and the change in the crime rate. Health care In the Clinton health care plan of 1993, it seemed that performance reports for hospitals and other health care providers would be national policy and many prototypes A prototype is an early sample, model, or release of a product built to test a concept or process. It is a term used in a variety of contexts, including semantics, design, electronics, and software programming. A prototype is generally used to ... were developed and tested. References Public economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Analysis
Analysis ( : analyses) is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (384–322 B.C.), though ''analysis'' as a formal concept is a relatively recent development. The word comes from the Ancient Greek ἀνάλυσις (''analysis'', "a breaking-up" or "an untying;" from ''ana-'' "up, throughout" and ''lysis'' "a loosening"). From it also comes the word's plural, ''analyses''. As a formal concept, the method has variously been ascribed to Alhazen, René Descartes ('' Discourse on the Method''), and Galileo Galilei. It has also been ascribed to Isaac Newton, in the form of a practical method of physical discovery (which he did not name). The converse of analysis is synthesis: putting the pieces back together again in new or different whole. Applications Science The field of chemistry uses analysis in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In The United States
Banking in the United States began by the 1780s along with the country's founding and has developed into highly influential and complex system of banking and financial services. Anchored by New York City and Wall Street, it is centered on various financial services namely private banking, asset management, and deposit security. The beginnings of the banking industry can be traced to 1780 when the Bank of Pennsylvania was founded to fund the American Revolutionary War. After merchants in the Thirteen Colonies needed a currency as a medium of exchange, the Bank of North America was opened to facilitate more advanced financial transactions. As of 2018, the largest banks in the United States were JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs. It is estimated that banking assets were equal to 56 percent of the U.S. economy. As of September 8, 2021, there were 4,951 FDIC insured commercial banks and savings institutions in the U.S. History Merchant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
