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.
Cloud Expo on Google News

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
Top Links You Must Click On


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 Crede, 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; Crede 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

SOURCE Public Sector Credit Solutions

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.

Enterprise Open Source Magazine Latest Stories . . .
We often get asked “Should I use GridFS for file storage with MongoDB”. As with most things, the answer is a staunch “it depends”. GridFS looks like a great idea on paper - a virtual filesystem held within MongoDB which allows for larger than 16MB files to be held, synced and replicat...
The supply chain is evolving, and buyers need to analyze and predict, but also to manage risk. When Capgemini's business information management (BIM) practices unit needed to provide big data capabilities to its insurance company customers, it needed to deliver the right information t...
Some people believe good or bad things always happen in threes. I believe you will always be able to find three (and probably more) things that are good or bad and somewhat related, but sometimes I get surprised by the apparent coincidental appearance of several closely related “things...
This article defines long polling and presents a few techniques on how long polling could be used in Spring MVC web applications. Discussion covers both the AJAX and the server part of the solution as well as outlines a few possible options for implementation. The article compares perf...
Red Hat, Inc., on Wednesday announced that it has signed a definitive agreement to acquire eNovance, a provider of open source cloud computing services. Combined with Red Hat’s existing leadership in OpenStack, the addition of eNovance’s systems integration capabilities and engineering...
Hear from Red Hat leaders and industry experts on Tuesday, June 10, 2014, at 11am and see how Red Hat Enterprise Linux continues to deliver unmatched customer value, increased efficiency, and true strategic advantage for global customers across every industry. Attendees will learn mor...
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