Abstract: In this paper, various algorithms for designing quadrature mirror filter are reviewed and a new algorithm is presented for the design of near perfect reconstruction quadrature mirror filter bank. In the proposed algorithm, objective function is formulated using the perfect reconstruction condition or magnitude response condition of prototype filter at frequency (ω = 0.5π) in ideal condition. The cutoff frequency is iteratively changed to adjust the filters coefficients using optimization algorithm. The performances of the proposed algorithm are evaluated in term of computation time, reconstruction error and number of iterations. The design examples illustrate that the proposed algorithm is superior in term of peak reconstruction error, computation time, and number of iterations. The proposed algorithm is simple, easy to implement, and linear in nature.
Abstract: Basel III (or the Third Basel Accord) is a global
regulatory standard on bank capital adequacy, stress testing and
market liquidity risk agreed upon by the members of the Basel
Committee on Banking Supervision in 2010-2011, and scheduled to
be introduced from 2013 until 2018. Basel III is a comprehensive set
of reform measures. These measures aim to; (1) improve the banking
sector-s ability to absorb shocks arising from financial and economic
stress, whatever the source, (2) improve risk management and
governance, (3) strengthen banks- transparency and disclosures.
Similarly the reform target; (1) bank level or micro-prudential,
regulation, which will help raise the resilience of individual banking
institutions to periods of stress. (2) Macro-prudential regulations,
system wide risk that can build up across the banking sector as well
as the pro-cyclical implication of these risks over time. These two
approaches to supervision are complementary as greater resilience at
the individual bank level reduces the risk system wide shocks.
Macroeconomic impact of Basel III; OECD estimates that the
medium-term impact of Basel III implementation on GDP growth is
in the range -0,05 percent to -0,15 percent per year. On the other hand
economic output is mainly affected by an increase in bank lending
spreads as banks pass a rise in banking funding costs, due to higher
capital requirements, to their customers. Consequently the estimated
effects on GDP growth assume no active response from monetary
policy. Basel III impact on economic output could be offset by a
reduction (or delayed increase) in monetary policy rates by about 30
to 80 basis points. The aim of this paper is to create a framework
based on the recent regulations in order to prevent financial crises.
Thus the need to overcome the global financial crisis will contribute
to financial crises that may occur in the future periods. In the first
part of the paper, the effects of the global crisis on the banking
system examine the concept of financial regulations. In the second
part; especially in the financial regulations and Basel III are analyzed.
The last section in this paper explored the possible consequences of
the macroeconomic impacts of Basel III.
Abstract: Money laundering has been described by many as the lifeblood of crime and is a major threat to the economic and social well-being of societies. It has been recognized that the banking system has long been the central element of money laundering. This is in part due to the complexity and confidentiality of the banking system itself. It is generally accepted that effective anti-money laundering (AML) measures adopted by banks will make it tougher for criminals to get their "dirty money" into the financial system. In fact, for law enforcement agencies, banks are considered to be an important source of valuable information for the detection of money laundering. However, from the banks- perspective, the main reason for their existence is to make as much profits as possible. Hence their cultural and commercial interests are totally distinct from that of the law enforcement authorities. Undoubtedly, AML laws create a major dilemma for banks as they produce a significant shift in the way banks interact with their customers. Furthermore, the implementation of the laws not only creates significant compliance problems for banks, but also has the potential to adversely affect the operations of banks. As such, it is legitimate to ask whether these laws are effective in preventing money launderers from using banks, or whether they simply put an unreasonable burden on banks and their customers. This paper attempts to address these issues and analyze them against the background of the Malaysian AML laws. It must be said that effective coordination between AML regulator and the banking industry is vital to minimize problems faced by the banks and thereby to ensure effective implementation of the laws in combating money laundering.
Abstract: This paper aims to provide a conceptual framework to examine competitive disadvantage of banks that suffer from poor performance. Banks generate revenues mainly from the interest rate spread on taking deposits and making loans while collecting fees in the process. To maximize firm value, banks seek loan growth and expense control while managing risk associated with loans with respect to non-performing borrowers or narrowing interest spread between assets and liabilities. Competitive disadvantage refers to the failure to access imitable resources and to build managing capabilities to gain sustainable return given appropriate risk management. This paper proposes a four-quadrant framework of organizational typology is subsequently proposed to examine the features of competitive disadvantage in the banking sector. A resource configuration model, which is extracted from CAMEL indicators to examine the underlying features of bank failures.
Abstract: The data is available in abundance in any business
organization. It includes the records for finance, maintenance,
inventory, progress reports etc. As the time progresses, the data keep
on accumulating and the challenge is to extract the information from
this data bank. Knowledge discovery from these large and complex
databases is the key problem of this era. Data mining and machine
learning techniques are needed which can scale to the size of the
problems and can be customized to the application of business. For
the development of accurate and required information for particular
problem, business analyst needs to develop multidimensional models
which give the reliable information so that they can take right
decision for particular problem. If the multidimensional model does
not possess the advance features, the accuracy cannot be expected.
The present work involves the development of a Multidimensional
data model incorporating advance features. The criterion of
computation is based on the data precision and to include slowly
change time dimension. The final results are displayed in graphical
form.
Abstract: This paper proposes an efficient method for the design
of two channel quadrature mirror filter (QMF) bank. To achieve
minimum value of reconstruction error near to perfect reconstruction,
a linear optimization process has been proposed. Prototype low pass
filter has been designed using Kaiser window function. The modified
algorithm has been developed to optimize the reconstruction error
using linear objective function through iteration method. The result
obtained, show that the performance of the proposed algorithm is
better than that of the already exists methods.
Abstract: The study analyzed the risk and returns of commercial-property in Southwestern Nigeria and selected stocksmarket investment between 2000 and 2009; compared the inflation hedging characteristics and diversification potentials of investing in commercial-property and selected stock- market investment. Primary data were collected on characteristics, rental and capital values of commercial- properties from their property managers through the use of questionnaire. Secondary data on stock prices and dividends on banking, insurance and conglomerates sectors were sourced from the Nigerian Stock Exchange (2000-2009). The result showed that average return on all the selected stock- investments was higher than that of commercial-property. As regards risk, commercial-property indicated lower risk, compared to stocks. Also the stock-investment had better inflation hedging capacity than commercial-properties; combination of both had diversification potentials. The study concluded that stock-market investment offered attractive higher return than commercial-property although with higher risk and there could be diversification benefits in combining commercial-property with stock- investment.
Abstract: This paper proposes a declarative language for
knowledge representation (Ibn Rochd), and its environment of
exploitation (DeGSE). This DeGSE system was designed and
developed to facilitate Ibn Rochd writing applications. The system
was tested on several knowledge bases by ascending complexity,
culminating in a system for recognition of a plant or a tree, and
advisors to purchase a car, for pedagogical and academic guidance,
or for bank savings and credit. Finally, the limits of the language and
research perspectives are stated.
Abstract: This paper investigates the performance of a speech
recognizer in an interactive voice response system for various coded
speech signals, coded by using a vector quantization technique namely
Multi Switched Split Vector Quantization Technique. The process of
recognizing the coded output can be used in Voice banking application.
The recognition technique used for the recognition of the coded speech
signals is the Hidden Markov Model technique. The spectral distortion
performance, computational complexity, and memory requirements of
Multi Switched Split Vector Quantization Technique and the
performance of the speech recognizer at various bit rates have been
computed. From results it is found that the speech recognizer is
showing better performance at 24 bits/frame and it is found that the
percentage of recognition is being varied from 100% to 93.33% for
various bit rates.
Abstract: An enhanced particle swarm optimization algorithm
(PSO) is presented in this work to solve the non-convex OPF
problem that has both discrete and continuous optimization variables.
The objective functions considered are the conventional quadratic
function and the augmented quadratic function. The latter model
presents non-differentiable and non-convex regions that challenge
most gradient-based optimization algorithms. The optimization
variables to be optimized are the generator real power outputs and
voltage magnitudes, discrete transformer tap settings, and discrete
reactive power injections due to capacitor banks. The set of equality
constraints taken into account are the power flow equations while the
inequality ones are the limits of the real and reactive power of the
generators, voltage magnitude at each bus, transformer tap settings,
and capacitor banks reactive power injections. The proposed
algorithm combines PSO with Newton-Raphson algorithm to
minimize the fuel cost function. The IEEE 30-bus system with six
generating units is used to test the proposed algorithm. Several cases
were investigated to test and validate the consistency of detecting
optimal or near optimal solution for each objective. Results are
compared to solutions obtained using sequential quadratic
programming and Genetic Algorithms.
Abstract: The urbanization phenomenon in Yogyakarta Special
Province, Indonesia, encouraged people move to the city for getting
jobs in the informal sectors. They live in some temporary houses in
the three main riverbanks: Gadjahwong, Code, and Winongo.
Triggered by its independent status they use it as the space for
accommodating domestic, social and economy activities because of
the non standardized room size of their houses, where are recognized
as the environmental hazards. This recognition makes the ambivalent
perception when was related to the twelfth point of the philosophy of
community development concept: the empowering individuals and
communities. Its spatial implication have actually described the
territory and the place making phenomena. By analyzing some data
collected the author-s fundamental research funded by The General
Directorate of Higher Education of Indonesia, this paper will discuss
how do the spatial implications of the occupants- behavior and the
numerous perceptions of those phenomena.
Abstract: A state of the art Speaker Identification (SI) system requires a robust feature extraction unit followed by a speaker modeling scheme for generalized representation of these features. Over the years, Mel-Frequency Cepstral Coefficients (MFCC) modeled on the human auditory system has been used as a standard acoustic feature set for SI applications. However, due to the structure of its filter bank, it captures vocal tract characteristics more effectively in the lower frequency regions. This paper proposes a new set of features using a complementary filter bank structure which improves distinguishability of speaker specific cues present in the higher frequency zone. Unlike high level features that are difficult to extract, the proposed feature set involves little computational burden during the extraction process. When combined with MFCC via a parallel implementation of speaker models, the proposed feature set outperforms baseline MFCC significantly. This proposition is validated by experiments conducted on two different kinds of public databases namely YOHO (microphone speech) and POLYCOST (telephone speech) with Gaussian Mixture Models (GMM) as a Classifier for various model orders.
Abstract: Transaction management is one of the most crucial requirements for enterprise application development which often require concurrent access to distributed data shared amongst multiple application / nodes. Transactions guarantee the consistency of data records when multiple users or processes perform concurrent operations. Existing Fault Tolerance Infrastructure for Mobile Agents (FTIMA) provides a fault tolerant behavior in distributed transactions and uses multi-agent system for distributed transaction and processing. In the existing FTIMA architecture, data flows through the network and contains personal, private or confidential information. In banking transactions a minor change in the transaction can cause a great loss to the user. In this paper we have modified FTIMA architecture to ensure that the user request reaches the destination server securely and without any change. We have used triple DES for encryption/ decryption and MD5 algorithm for validity of message.
Abstract: Optimization of filter banks based on the knowledge of input statistics has been of interest for a long time. Finite impulse response (FIR) Compaction filters are used in the design of optimal signal adapted orthonormal FIR filter banks. In this paper we discuss three different approaches for the design of interpolated finite impulse response (IFIR) compaction filters. In the first method, the magnitude squared response satisfies Nyquist constraint approximately. In the second and third methods Nyquist constraint is exactly satisfied. These methods yield FIR compaction filters whose response is comparable with that of the existing methods. At the same time, IFIR filters enjoy significant saving in the number of multipliers and can be implemented efficiently. Since eigenfilter approach is used here, the method is less complex. Design of IFIR filters in the least square sense is presented.
Abstract: The tree structured approach of non-uniform filterbank
(NUFB) is normally used in perfect reconstruction (PR). The PR is
not always feasible due to certain limitations, i.e, constraints in
selecting design parameters, design complexity and some times
output is severely affected by aliasing error if necessary and
sufficient conditions of PR is not satisfied perfectly. Therefore, there
has been generalized interest of researchers to go for near perfect
reconstruction (NPR). In this proposed work, an optimized tree
structure technique is used for the design of NPR non-uniform
filterbank. Window functions of Blackman family are used to design
the prototype FIR filter. A single variable linear optimization is used
to minimize the amplitude distortion. The main feature of the
proposed design is its simplicity with linear phase property.
Abstract: Mobile banking services present a unique growth
opportunity for mobile operators in emerging markets, and have
already made good progress in bringing financial services to the
previously unbanked populations of many developing countries. The
potential is amazing, but what about the risks? In the complex
process of establishing a mobile banking business model, many kinds
of risks and factors need to be monitored and well-managed. Risk
identification is the first stage of risk management. Correct risk
identification ensures risk management effectiveness. Keeping the
risks low makes it possible to use the full potential of mobile banking
and carry out the planned business strategy. The focus should be on
adoption of consumers which is the main risk factor of mobile
banking services.
Abstract: The role of entrepreneurs in generating the economy is
very important. Thus, nurturing entrepreneurship skills among
society is very crucial and should start from the early age. One of the
methods is to teach through game such as board game. Game
provides a fun and interactive platform for players to learn and play.
Besides that as today-s world is moving towards Islamic approach in
terms of finance, banking and entertainment but Islamic based game
is still hard to find in the market especially games on
entrepreneurship. Therefore, there is a gap in this segment that can be
filled by learning entrepreneurship through game. The objective of
this paper is to develop an entrepreneurship digital-based game
entitled “Catur Bistari" that is based on Islamic business approach.
Knowledge and skill of entrepreneurship and Islamic business
approach will be learned through the tasks that are incorporated
inside the game.
Abstract: The paper discusses a computationally efficient
method for the design of prototype filters required for the
implementation of an M-band cosine modulated filter bank. The
prototype filter is formulated as an optimum interpolated FIR filter.
The optimum interpolation factor requiring minimum number of
multipliers is used. The model filter as well as the image suppressor
will be designed using the Kaiser window. The method will seek to
optimize a single parameter namely cutoff frequency to minimize the
distortion in the overlapping passband.
Abstract: We demonstrate through a sample application, Ebanking,
that the Web Service Modelling Language Ontology component
can be used as a very powerful object-oriented database design
language with logic capabilities. Its conceptual syntax allows the
definition of class hierarchies, and logic syntax allows the definition
of constraints in the database. Relations, which are available for
modelling relations of three or more concepts, can be connected to
logical expressions, allowing the implicit specification of database
content. Using a reasoning tool, logic queries can also be made
against the database in simulation mode.
Abstract: The effects of different parameters on the
hydrodynamics of trickle bed reactors were discussed for Newtonian
and non-Newtonian foaming systems. The varying parameters are
varying liquid velocities, gas flow velocities and surface tension. The
range for gas velocity is particularly large, thanks to the use of dense
gas to simulate very high pressure conditions. This data bank has
been used to compare the prediction accuracy of the different
trendlines and transition points from the literature. More than 240
experimental points for the trickle flow (GCF) and foaming pulsing
flow (PF/FPF) regime were obtained for present study.
Hydrodynamic characteristics involving dynamic liquid saturation
significantly influenced by gas and liquid flow rates. For 15 and 30
ppm air-aqueous surfactant solutions, dynamic liquid saturation
decreases with higher liquid and gas flow rates considerably in high
interaction regime. With decrease in surface tension i.e. for 45 and 60
ppm air-aqueous surfactant systems, effect was more pronounced
with decreases dynamic liquid saturation very sharply during regime
transition significantly at both low liquid and gas flow rates.