Apache Maven is a popular build automation and project management tool primarily used for Java projects. Here are the steps to install Maven on Mac OS: Step 1 – Install Java Since Maven is Java-based, the first step is to ensure Java is installed. Ideally, install the latest Java Development Kit (JDK) from Oracle’s website (https://www.oracle.com/uk/java/technologies/downloads/). You can follow the […]
Java is one of the most popular programming platforms used by developers around the world, if you just bought a new MacBook computer, this step by step tutorial may come handy. Here are the steps to install Java on your Mac computer: Step 1 – Check Existing Version If this a new MacBook then you should be able to skip […]
When developing web-based applications, a key decision is choosing the right architectural style for your web services. The two most common approaches are SOAP web services and RESTful web services. This article will compare the pros and cons of each to help guide your API design. What is SOAP? SOAP stands for Simple Object Access Protocol. It is a standards-based […]
Maven and Gradle are both popular build automation tools used primarily for Java projects. While they have similarities, there are some key differences between these two tools. This article examines the pros and cons of each to help developers decide which is best for their needs. Overview Maven – A mature build tool that emphasizes conventions over configuration, standardization, and […]
When working on financial services projects, we often encounter industry jargon that can be confusing. While it is possible to treat these jargons as variables such as X, Y and Z and still deliver high quality work, understanding these terminologies will make you appreciate your job even more. The term ‘financial institution’, for instance, evokes images of stately banks and […]
A Payment Credit Alert (PCA) is a notification that is sent to a counterparty when their credit exposure to another party exceeds a certain threshold. The threshold is typically set by the counterparty’s risk management team, and it is based on a number of factors, including the counterparty’s financial health, the size of the transaction, and the terms of the […]
Counterparty credit risk is the core concern that one party in a financial contract will default. Let’s explore some common terminology used in counterparty credit risk technology and management. Key Terms Explained Counterparty Credit Risk – The risk that a counterparty defaults on obligations in a financial transaction before settlement. This results in potential losses. Margin – A deposit one […]
In the intricate ecosystem of financial markets, the Over-the-Counter (OTC) derivatives market holds a position of significance. Unlike the traditional stock exchanges where trades occur in a centralized, open forum, the OTC derivatives market operates more discreetly, often puzzling those unfamiliar with its nuances. In this blog, we will unwrap the layers of the OTC derivatives market, shedding light on […]
Derivatives are common but often misunderstood tools used in finance. This post explains what derivatives are, how they are valued, and how traders buy and sell them. What are Derivatives? A derivative is a financial instrument whose value depends on (or ‘derives’ from) the value of an underlying asset or set of assets. These underlying assets can be stocks, bonds, […]
Counterparty credit risk (CCR) is a major concern in finance. CCR is the risk that a counterparty in a financial contract won’t meet obligations. Technology is transforming how institutions manage this risk. This post looks at key innovations improving CCR management. What is Counterparty Credit Risk? Before delving into the technology behind it, it’s crucial to understand what CCR is. […]
I have attended thousands of scrum meetings throughout my career as a Software Engineer, and I’d say not all scrum meetings are created equal and so In this blog post, I’d like to talk about what is generally considered as best practice for running a scrum meeting or at least how I think a scrum meeting should be run. As […]
Despite the numerous innovative solutions and advancements in various aspects of human development, it’s puzzling to observe that people worldwide, including those in highly developed countries, seem to be experiencing increasing poverty. The growing inequality, dwindling job opportunities, and mounting problems faced today compared to the past give rise to concerns about the future. One might wonder what factors contribute […]
When creating a new database, one of the first decisions you’ll make is what to name it. The database name may not seem like a big deal, but following naming conventions and best practices from the start will save you headaches down the road. In this post, I’ll walk through guidelines on crafting clean, consistent database names that clearly communicate […]
When you start learning the Spring Framework as a junior software engineer, you quickly discover the importance of naming conventions. While navigating codebases full of configuration files, annotations, beans, and more, sticking to established naming practices ensures code readability and consistency. Mastering Spring naming basics allows you to convey information through intuitive names instead of leaning on comments or documentation […]
Exams are a necessary part of college life, and effective studying is crucial to academic success. However, many students struggle with finding the right study techniques and strategies to prepare for exams. In this blog post, we’ll provide study techniques for exams that will hopefully help you achieve better results and reduce stress. Create a Study Plan Creating a study […]