A little more info about how AML software accidently caught a big fish.
By law in Canada and the U.S., banks are obligated to report cash transactions of more than $10,000. According to U.S. federal officials, Mr. Spitzer’s transactions were flagged because it appeared as though he was trying to evade notice by moving several smaller amounts, which is known as “structuring.” In Mr. Spitzer’s case, three cash transactions amounting to more than $10,000 within a relatively short time frame set off alarms.
| I have come to the realization that this industry does a wonderful job in telling its members WHAT to do, but lacks to follow-up with the HOW.
Michael Manos, Struggling with CADE, McKinsey / Uptime Metric
Lots of buzz about the Uptime Institute’s symposium on IT Energy Efficiency and the study McKinsey released called Revolutionizing Data Center Efficiency . It’s interesting that Michael Manos estimates that only 10% of data center managers measure the efficiency of their facilities. Could it be because it’s almost impossible for the average Joe to get the data they need to plug in the formulas? Or could it be that they’re waiting for a clear winner in the proposed metrics? Try this one out for size: CADE.
CADE is the new metric-of-the-week.
CADE (Corporate Average Data center Efficiency) = (Facility Efficiency) x (Asset Efficiency)
Facility Efficiency is defined as (Facility Energy Efficiency) * (Facility Utilization)
Asset Efficiency is defined as (IT Energy Efficiency) * (IT utilization)
If you’ve never seen Chris Pirillo on video — or you just love Wayne’s World — here you go.
[kml_flashembed movie="http://youtube.com/v/HELrxLdP85c" width="425" height="350" wmode="transparent" /]
|The question I am asked most often is “How do I install a dual-boot with Windows XP on my new Windows Vista computer?” The answer is that it’s not that difficult, it’s just very time consuming, and you need to own a copy of Windows XP.
The How-To Geek, Install Windows XP on Your Pre-Installed Windows Vista Computer
Home users are pretty much stuck with Vista unless they want go to someone like The How-To Geek for help, but vendors have found a better way to continue giving enterprise customers XP. Apparently there’s a loop-hole called Downgrade Rights in Vista Ultimate and Vista Business licenses that allows the vendor to downgrade the operating system if that’s what the customer wants.
Rumors that Microsoft had confirmed a release date for Windows 7 in two years got a lot of people excited last month, but according to Ken Fisher over at Ars Technica, it was just spin.
|“We need so much processing power, there would even be an issue about getting enough electricity to run the computers if they were all at Cern. The only answer was a new network powerful enough to send the data instantly to research centres in other countries.”
Tony Doyle as quoted in Coming soon: superfast internet
Yes, that’s right folks. The Internet could soon be made obsolete by a new “grid” system that’s going to transfer data 10,000 times faster than our current broadband Internet connections. Think of it — 10,000 times faster!!!
The Grid’s main purpose is to track the data associated with CERN’s Large Hadron Collider “big bang project” — although the Grid will also be made available to some researchers. Current thinking is that CERN is reinventing the Internet and no matter what you think about CERN messing with sub-atomic particles, the idea of a new Internet is intriguing — especially with recent predictions of our “using up” the Internet we have by 2010.
The new Grid has routing centers, dedicated fiber optic cables and over 50,000 servers — and the potential to offer everything from HD video telephony to the transmission of holographic images.
The Large Hadron Collider is supposed to be turned on sometime this May. (The turn-on date has been delayed many times.)
[kml_flashembed movie="http://www.youtube.com/v/MjHals9hDz0" width="425" height="350" wmode="transparent" /]
Cern in 3 minutes — virtual tour
[kml_flashembed movie="http://www.youtube.com/v/cJFllPVIcpg" width="425" height="350" wmode="transparent" /]
|The Memristor is the [so called] fourth basic circuit device after the capacitor, the resistor and the inductor. Like the capacitor, the Memristor has a memory; it remembers the amount of charge that goes through it and will change its resistance according to the amount of charge that flowed through it…|
The technology called Memory Resistor or Memristor could bring forth a new generation of computer which would power-on instantly [no boot required] and could be used to process information in a similar fashion as the human brain. More importantly, it could mean that HP has discovered the ultimate, “unifying” storage technology, which combines DRAM and Magnetic storage properties.
|My point here is that OPML (Outline Processor Markup Language) takes a very, very simply nested list definition and then adds random hacks that Dave Winer wanted to use in his applications without thinking of a generic way to define them so that other developers can do something with the format.
In other words, Dave Winer is the Microsoft of XML.
Elliot C. Back, The OPML Embroglio: What is OPML?
This is an old blog post and I’m late to the party, but it still made me laugh out loud. 🙂
|The day where I can recommend that my father use Linux (without the fear of him calling me on a daily basis to fix things) is the day I’ll proclaim the “year of the Linux desktop” has arrived.
Wayne Richardson, Ubuntu Hardy Heron 8.04 Release Notes Rewritten in Plain English
You could have said the same thing about Windows ten years ago. Remember drivers and .DLL files? I think the learning curve is going to be the same no matter what operating system you start with. It’s no different for Linux on the desktop. The navigation, jargon and acronyms are always going to be confusing the first time you jump into a new OS.