Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Crowdsourced Credit Rating Providers Join Forces

ZURICH and SAN FRANCISCO, Nov. 27, 2012 /PRNewswire/ -- In a major challenge to the world's dominant credit rating agencies, two not-for-profit rating providers announced a strategic alliance today. Both of the NGOs – Wikirating and Public Sector Credit Solutions (PSCS) – employ crowdsourcing techniques to improve credit ratings.

Zurich-based Wikirating uses the same technology as Wikipedia to gather and aggregate information and views about credit quality for multiple categories of bonds. PSCS has released an open source software tool that calculates default probabilities for government bonds, along with fully transparent sample models and data sets.

Under the content sharing alliance, Wikirating will include PSCS models and data on its web site. This will provide participants in Wikirating polls with readily available information and analysis as they cast their votes.

"We are excited about being included on the Wikirating portal," said Marc Joffe, founder of northern-California based PSCS and a former Senior Director at Moody's Analytics. "Wikirating achieved a high profile after its launch and has excellent technology that we are anxious to leverage."

Dorian Credé, founder of Wikirating, added that, "The PSCS Public Sector Credit Framework is consistent with our objective of injecting mass collaboration technologies into the rating discussion. Because PSCF is open source and all its inputs and outputs are transparent, it is an excellent complement to other methodologies we currently host."

While other not-for-profit credit rating initiatives have been announced, Wikirating and PSCS have both been generating content for several months. Wikirating has computed ratings on over 100 countries using its transparent balanced scorecard methodology, a ratings poll or both. PSCS has issued 13 sovereign and sub-sovereign credit models thus far. In July, PSCS estimated Italy's 10 year default probability at 2.59% and concluded that investors in Italian sovereign bonds are being richly compensated. The spread between Italian and German rates has narrowed considerably since the report appeared. In October, a think tank study featuring PSCF models concluded that Canadian provinces had substantial long term default risk, sparking comments from Alberta's premier and the Canadian Finance Minister.

"While we applaud the efforts of Markus Krall (European Rating Agency Project Company) and Bertelsmann (INCRA), we disagree with their view that a ratings foundation will require hundreds of millions of Euros in start-up capital," said Joffe; Credé concurred, adding, "Mass collaboration technologies such as open source radically reduce the cost of entry into the ratings business."

CONTACT: Marc Joffe, +1-415-578-0558, marc@publicsectorcredit.org

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
Are you evaluating a software asset for a potential purchase, investment, decision making for the future, possible termination, etc? Here are some questions to consider. Is this a revenue generating asset? How much revenue does it generate? - Establishing the true business value of a...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for ...
One look at the comments section of an April column on digital marketing in TechCrunch, and it becomes obvious that contributor Samuel Scott, the marketing and communications director for data analytics software firm Logz.io, pushed a few hot buttons with his take on marketing tech. S...
The current version of Angular is Release Candidate 1. This version changed the way how the framework is distributed – it comes as a set of scoped npm packages now. Any imports of the Angular classes will be done from @angular instead of angular2, for example: import {bootstrap} from ...
If the cloud was once (ever) bleeding edge, now the cloud is sheer necessity for anyone doing anything on the Internet. It has changed the way we architect applications, build IT budgets, grow userbases, even write individual lines of code. As the Internet continues to lambdify, cloud ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE