The price of gold falls in yesterday's New York trading from 1130 to
1111 U.S. dollars / oz. This morning, the gold price stabilizes the
market in Sydney and Hong Kong and is currently trading with $ 1,116 /
oz to around 16 $ / oz at the previous day's level. The gold mining
stocks worldwide recorded strong profit-taking and technically dip
into the oversold area.
The financial world, the World Economic and World Social Crisis
Venezuela's President Chavez leaves 3 more banks "for serious
administrative and managerial problems" close. Chavez recently had
decreed that the daughter of the French retailer Casino is
expropriated, because illegal in the shops, prices have been
increased. The devaluation of the Bolivar by 50%, inflationary
pressures have intensified further. Finally, the inflation rate was
25%.
Comment: The development in Venezuela should be closely monitored,
because here are the consequences of a socialist monetary policy, the
least developed countries are followed, impressively clear. First, the
monetary base destroyed (current policy, especially the Fed and the
Bank of England), then moves to the inflation rate (not yet visible
because of the money flow is directed more in the assets, eg bonds),
then made government intervention (eg nationalization of banks such as
Northern Rock, HRE), then state interventions in the economy, such as
price controls, so that companies pass on higher prices and can not be
endangered in their existence (food prices, gas, water and electricity
tariffs). Even in Germany in the wake of the bankruptcy HRE
Thursday, November 24, 2011
Monday, September 5, 2011
Value & Risk relies on private cloud of arago
Valuation services for financial instruments running in high security data center automation experts Frankfurt
Frankfurt am Main, 31 August 2011 - The Frankfurt arago automation experts have announced a partnership with Value & Risk. The company also based in Frankfurt, which specializes in valuation services for financial instruments is, from now on with all mission-critical applications to the private cloud infrastructure in highly secure data center arago. The closed outsourcing agreement guarantees required by the Risk & Value to customers like venture capital investment banks, asset managers, investment companies and insurance companies 24-hour availability of SME-oriented operating costs.
Value & Risk offers its customers an independent valuation of financial instruments. The assessment portfolio includes all the product categories of liquid financial products to exotic, highly structured financial instruments for which there is no market. The valuation of illiquid products will be based on capital-market ratios and sensitivities of each product on the front-office level according to the latest evaluation and auditing standards. As an add-on to create custom audit reports and detailed plausibility.
Click here to find out more!
The outsourced, automated IT operations in the data center is in arago arago WebFarm model on a private cloud. This required changes such as capacity adjustments or emergency procedures are possible at short notice and without physical intervention. The TÜV-Rheinland-tested and certified automation solution for IT Autopilot operation provides for the largely automated operation of application landscape and cloud.
"More and more customers the benefits of cloud technology to discover for themselves," said board member Hans-Christian arago Boos. "Thanks to the use of autopilot is now also useful for mid-market customers - particularly, of course, if these complex applications such as Value & Risk must operate lean mining with the highest security and availability requirements."
"For us, the partnership has already proven arago with a stroke of luck," says Gil Bender, Managing Director and Head of Assessment Services at Value & Risk. "Nowhere else do we have this combination of safety and reliability of a large provider with the flexibility and personal contact of a medium-sized company found. And so to speak, right at our doorstep."
(301 words / 2636 characters)
This press release was published on openPR.
arago Institute for complex data management AG
Escher Landstrasse 526-532
D-60433 Frankfurt
Phone (069) 40568-0
Fax (069) 40568-111
in-house Agentur GmbH
Michael Ihringer
Kastanienallee 24
D-64289 Darmstadt
Telephone (06151) 30830-0
Fax (06151) 30830-11
About Value & Risk
Value & Risk is one of the leading companies for the valuation of illiquid and complex financial instruments in Europe. The company was founded in 1996 in Frankfurt am Main. In addition to the core competency - the assessment - Value & Risk offers comprehensive solutions to more around the topic of assessment, validation and risk measurement, especially for Germany after the assessment InvRBV. It functions either as a service bureau or for all or part insourcer portfolios. The customer stands in the foreground. The team of experts created in Frankfurt market conformity checks, audit and validation reports and supports the customers with technical problems. That both the regulatory requirements and the SAS70 Type II certification process are observed is, of course. The comprehensive service offering every customer is met individually and eliminated differences between investment trusts, custodians and asset managers. Among the well-known clients include banks, asset managers, insurance companies and investment companies and custodian banks.
About arago
As an Internet pioneer, the first hour goes arago like no other in complex business applications in internet, intranet and extranet. The credo of the company, founded in 1995 is to automate the development, management and operation of IT systems by intelligent software tools to maximum extent possible. Of this automation expertise to benefit the arago customers when they receive services such as the development of secure portal solutions, the implementation of individual information management workflow or the ITIL-compliant system and application operation as required by major corporate quality at an SMB-friendly conditions. For their own projects, customers can rely on itself to the needs of automation tools arago and use the bundled project know-how of IT experts arago.
Frankfurt am Main, 31 August 2011 - The Frankfurt arago automation experts have announced a partnership with Value & Risk. The company also based in Frankfurt, which specializes in valuation services for financial instruments is, from now on with all mission-critical applications to the private cloud infrastructure in highly secure data center arago. The closed outsourcing agreement guarantees required by the Risk & Value to customers like venture capital investment banks, asset managers, investment companies and insurance companies 24-hour availability of SME-oriented operating costs.
Value & Risk offers its customers an independent valuation of financial instruments. The assessment portfolio includes all the product categories of liquid financial products to exotic, highly structured financial instruments for which there is no market. The valuation of illiquid products will be based on capital-market ratios and sensitivities of each product on the front-office level according to the latest evaluation and auditing standards. As an add-on to create custom audit reports and detailed plausibility.
Click here to find out more!
The outsourced, automated IT operations in the data center is in arago arago WebFarm model on a private cloud. This required changes such as capacity adjustments or emergency procedures are possible at short notice and without physical intervention. The TÜV-Rheinland-tested and certified automation solution for IT Autopilot operation provides for the largely automated operation of application landscape and cloud.
"More and more customers the benefits of cloud technology to discover for themselves," said board member Hans-Christian arago Boos. "Thanks to the use of autopilot is now also useful for mid-market customers - particularly, of course, if these complex applications such as Value & Risk must operate lean mining with the highest security and availability requirements."
"For us, the partnership has already proven arago with a stroke of luck," says Gil Bender, Managing Director and Head of Assessment Services at Value & Risk. "Nowhere else do we have this combination of safety and reliability of a large provider with the flexibility and personal contact of a medium-sized company found. And so to speak, right at our doorstep."
(301 words / 2636 characters)
This press release was published on openPR.
arago Institute for complex data management AG
Escher Landstrasse 526-532
D-60433 Frankfurt
Phone (069) 40568-0
Fax (069) 40568-111
in-house Agentur GmbH
Michael Ihringer
Kastanienallee 24
D-64289 Darmstadt
Telephone (06151) 30830-0
Fax (06151) 30830-11
About Value & Risk
Value & Risk is one of the leading companies for the valuation of illiquid and complex financial instruments in Europe. The company was founded in 1996 in Frankfurt am Main. In addition to the core competency - the assessment - Value & Risk offers comprehensive solutions to more around the topic of assessment, validation and risk measurement, especially for Germany after the assessment InvRBV. It functions either as a service bureau or for all or part insourcer portfolios. The customer stands in the foreground. The team of experts created in Frankfurt market conformity checks, audit and validation reports and supports the customers with technical problems. That both the regulatory requirements and the SAS70 Type II certification process are observed is, of course. The comprehensive service offering every customer is met individually and eliminated differences between investment trusts, custodians and asset managers. Among the well-known clients include banks, asset managers, insurance companies and investment companies and custodian banks.
About arago
As an Internet pioneer, the first hour goes arago like no other in complex business applications in internet, intranet and extranet. The credo of the company, founded in 1995 is to automate the development, management and operation of IT systems by intelligent software tools to maximum extent possible. Of this automation expertise to benefit the arago customers when they receive services such as the development of secure portal solutions, the implementation of individual information management workflow or the ITIL-compliant system and application operation as required by major corporate quality at an SMB-friendly conditions. For their own projects, customers can rely on itself to the needs of automation tools arago and use the bundled project know-how of IT experts arago.
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