南天自助服务终端中标民生银行

近日,在民生银行总行自助设备的招标中,南天公司的Nantian BST自助服务终端一举中标。 据悉,这是民生银行总行首次采用国产自助服务终端产品。此次中标的Nantian BST自助服务终端,将分布于民生银行全国10余个一级     

二十一世纪南天金融设备事业的发展与机遇

市场、竞争、合作伙伴、厂商与用户推动着社会与经济的变革。南天金融设备事业与中国金融电子化事业相伴而生,茁壮成长,历经风雨十余载。其间,为中国金融业安装 Nantian PR 系列高级专业存折打印机13万余台,ATM自动柜员机产品上千台,自行开发且拥有南天品牌的 BST 银行自助服务设备在两年时间里安装近千台。1999年,南天实施了数十个自助银行网点,提出了金融设备体系结构(FESA)整体框架产品,使南天金融设备整体解决方案呼应了金融电子化的建设需求。     

首届"泛珠"区域金融科技产品评选结果

产品类厂商广州南天电脑系统有限公司爱普生(中国)有限公司艾默生网络能源有限公司奔腾达电子有限公司奔腾达电子有限公司广电运通金融电子股份有限公司深圳市兴达通机电设备有限公司宝利通(荷兰)有限公司产品名称Nantian BST系列银行自助服务终端Epson pLQ一ZoK存折打印机不间     

品牌是金应用为先

在金融科技领域知名度很高的南天公司,向来十分注重打造"Nantian"这一品牌形象。不难发现,南天打造品牌的立足之点始终是以应用为先导,也就是说,无论在硬件产品的研发、解决方案的制定,以及服务产品的推出,都紧紧地围绕着应用市场的需求来进行的。以 Nantian PR 系列专业存折打印机为例,早在1987年南天涉足中国专业存折打印机市场之时,就透彻地分析了金融行业用户在技术和应用等市场需求情况和发展趋     

南天第20万台PR系列专业存折打印机隆重下线

本刊讯2001年4月6日,南天金融设备主产品Nantian PR系列专业存折打印机第20万台产品走下生产线,南天隆重庆祝了这一成果的诞生。仅仅两年时间,南天人以自己的求实、创新、奋斗精神实现了金融设备产品事业发展的第二个里程牌。Nantian PR系列专业存折打印机产品连续6年居国内同类产品市场占有率之首,成为中国金融界专业存折打印机的主导产品,南天也以拥有70％的市场份额成为国内最大、产品序列最多的金融设备产品供应商。优秀的产品是企业成功的关键,市场的优势则是企业成功的基石。南天多年来不断加大技术投入,积极推进高起点、深层次的…     

金融自助服务终端的三朵金花

南天公司第三代Nantian BST自助服务终端随着我国金融电子化进程的推进，以及银行中间业务的拓展，金融自助服务终端得到了广泛的应用。在自助服务终端的应用过程中，针对银行用户特殊需求的专用设备及面向成熟的卡应用的专用设备得不到满足，交易的完整性、一致性以及交易数据的安全等众多问题逐渐暴露，为了解决这些问题，南天公司于近日推出其第三代Nantian BST自助服务终端，包括Nantian BST-3200多功能自助服务终端、NantianBST-3300IC卡圈存机及Nantian BST-3400对账单打印机。……     

存折不再“难打” 从南天生产原装色带看Nantian PR的成功

在长期从事金融电子化的过程中,南天股份公司为发展我国银行专用的高级汉字存折打印机作出了不懈努力,推动了我国柜面打印设备的发展,并在该领域实现与国际水平的同步。从与意大利 OLIVETTI 公司联合开发出 Nantian PR50高级汉字存折打印机,到新一代的 Nantian PR2的面市,Nantian PR 系列连续多年市场份额稳定在70%左右。     

新一代多功能高级汉字存折打印机Nantian PR-2E

Nantian PR-2E概述 Nantian PR-2E新一代多功能高级汉字存折打印机,是南天电子信息产业股份有限公司根据中国专业存折打印机的市场发展变化,为适应银行将来的应用需求,在现有Nantian PR-2产品基础上开发的升级换代产品。 Nantian PR-2E产品的开发,是基于南天公司与意大利OLIVETTI公司成功合作开发PR-2的经验,在与OLIVETTI公司共同进行产品发展策划并引进该公司技术的基础上,依据南天公司的技术实力,在产品的硬件、软件方面,针对中国用户的使     

南天第20万台存折打印机下线

近日,国内金融设备最大供应商南天电子信息产业股份有限公司宣布,南天第20万台PR系列存折打印机目前在昆明成功下线。 据了解,南天从1992年起即开始把目标瞄准高端存折打印机市场。从意大利Olivetti公司引进了PR-50专业存折打印机的生产制造技术,并生产制造了国内第一台PR系列存折打印机。在随后的几年里,南天通过对PR-50的应     

南天产品在公共场所精彩亮相

近日,南天公司与华夏银行济南分行合作,成功地在济南10多家证券营业大厅内应用 Nantian BST-220/316自助服务终端。在此次合作中,Nantian BST 自助服务终端实现了应用方式上的一次突破,走出银行网点,走入证券交易大厅、商场、街头等公共场所,直     

Almanac of anticipations: The age of affluence—of anticipation—of anxiety—of automation—of discontinuity—of longing—of overkill—of space exploration

With this survey of developments in the futures field since 1945, I.F. Clarke completes his present series for Futures. He makes two major points: that forecasting techniques have become essential tools in the management of change; and that nuclear weapons and ecological problems have added a moral dimension to the study of the future. In the next issue of Futures he will start a new series on the range of future-thinking in the USA, from the expectations of the first settlers to the Star Wars programme.     

社会主义所有制形式的改革、完善与共产党执政能力的提高

在中国,所有制形式的调整、改革与完善,先进生产力的发展,党的执政能力建设,是社会主义建设过程中密切结合在一起的三个不同层面的发展关系.应在相互促进和共同提高中促进社会的和谐发展,保证社会主义现代化建设战略目标的顺利实现.     

基金公司经营融资融券业务的问题审视

融资融券业务正式运营已经开展,为证券市场带来了革命性的改革,作为证券市场的一大主体,基金公司面对融资融券也迎来了新的发展方向和挑战,本文从融资融券业务的运行机制入手,分析了基金公司融资融券的新契机,并对其即将面临的问题进行审视和剖析,进而提出策略建议.     

对基层人民银行科技工作的几点建议

银监会分设后,人民银行将专司货币政策、金融稳定、金融服务三大职能。作为人民银行的分支机构,基层人民银行的工作重心也将从金融监管调整到这三大职能上来。人民银行的科技部门,就要积极运用科技手段,为人民银行履行新的职能发挥“服务、支持、促进、发展”的作用。一、围绕三大职能搭建五大平台经过“六五打基础、七五作准备、八五大发展”几个阶段后,人民银行相继实现了核算电算化、清算网络化和办公信息化。特别是近一两年来,陆续开通了大额支付系统、信贷登记咨询系统、会计四集中系统、金融信息服务网站等系统,人民银行信息化水平又…     

Properties of time-series estimates of degree of leverage measures

Empirical studies suggest that time-series regression estimates of the degrees of operating and financial leverage have a tendency to produce measures less than one. According to ex ante theory, these measures should be greater than one for firms operating above the breakeven point. There have also been suggestions that the biases in these estimates may be attributable to an underlying increase in unit sales. This work presents evidence that these counter-intuitive measures are produced by changes in the firm's operating parameters (unit price, variable cost, fixed cost and interest payments). It further suggests that attempts to control for the underlying change in unit sales substantially increase the volatility of predicted estimates.     

浅议金融机构的举证责任

金融纠纷案件是当事人以存单或进账单、对账单、存款合同、保险单、票据、证券等凭证为主要证据向人民法院提出诉讼的案件,对于不同种类金融纠纷的当事人的举证责任,我国现行的金融法律、法规及司法解释有不同的规定。由于金融机构的特殊法律地位,发生金融纠纷时存在有关当事人将最后偿付风险转移给金融机构承担的主观故意,在客观上会使金融机构难以提供相应的证据来对抗不法债权人的诉讼请求,而导致金融机构败诉。为此,对金融诉讼案件中金融机构的举证责任加以研究具有重要的实践意义。     

Summary of Results of Survey of Seminar Attendees

Abstract

The Society of Actuaries undertook a three-phase research project on mortality improvement in the three NAFTA countries: Canada, Mexico, and the U.S. Phase 1 consisted of a literature review of papers on projecting mortality levels in the future and a study of the trend in mortality improvement during this century. Phase 2 consisted of a discussion of different facets of modeling mortality rates at a seminar attended by 79 experts (actuaries, demographers, economists, and medical researchers) representing different countries. The last session of the seminar consisted of the completion of a survey by the attendees to obtain input for Phase 3, which would analyze the impact of mortality improvement on the social security system of each country. This paper summarizes the results of the survey.

The survey results illustrate the difficulty in forecasting mortality levels, because the effects of many factors that could have significant impact on mortality rates are unknown. This suggests the need for dynamic forecasting, which allows for the possibility of random shocks. A majority of the survey respondents believe that stochastic forecasting models, despite their complexity, have significant potential to add value. Respondents also believe that both historical data and cause-specific mortality forecasts are useful as input and also in validating forecasts of the aggregate levels of mortality. The challenge is to develop more sophisticated forecasting models to produce results that are relatively easy to interpret and to communicate these results to the desired audiences, including the public and policymakers.

The survey results suggest that the aggregate effect of lifestyle changes, medical advances, diseases, catastrophe, and physical environmental changes is an increase in life span. However, there is much uncertainty about the future. Respondents expect that beyond the year 2020 the mean annual rate of reduction in mortality for males age 65 and over will average about 0.58% for Canada, 0.76% for Mexico, and 0.67% for the U.S. The results for the female age 65 and over population are 0.64%, 0.83%, and 0.70%, respectively. The age 65 and over population is expected to see larger percentage reductions in mortality than the 0–14 and 15–64 populations. The reductions in male and female mortality will be ultimately the same, and the mortality levels in the three countries will ultimately converge, although differences may persist for decades.     

The Usefulness of Measures of Consistency of Discretionary Components of Accruals in the Detection of Earnings Management

Abstract:  Prior research has shown the prevalence of measurement error in models used to estimate aggregate discretionary accruals. In these models, the incremental information content of the various components of accruals is ignored. Limited prior research and data gathered from firms under Securities and Exchange Commission (SEC) litigation indicate that managers use either one or more than one component of accruals simultaneously, in a consistent way to manipulate bottom-line earnings in a given direction. I propose two measures that capture the consistency between the discretionary components of accruals and test their significance in earnings management (EM) detection in firms that have artificially added accrual manipulation and firms that were targeted by the SEC for accrual manipulation. There is evidence that this information is incrementally useful in detecting EM. This finding paves the way for improvements in the discretionary accruals measure by including consistency information from the components of aggregate accruals.     

Separation of Unit of Account from Medium of Exchange

The separation of a unit of account (UoA) from a medium of exchange (MoE) in the commodity–money system is investigated by considering explicitly a seller's choice of UoA in terms of either an MoE or a unit of metal weight. If the likelihood of debasement of an MoE and its rate are high enough, the price is posted in terms of a unit of metal weight rather than an MoE. Interestingly, this MoE–UoA separated equilibrium yields the flexible nominal price, whereas an MoE–UoA integrated equilibrium yields the sticky one. This implies the nominal price rigidity in the fiat‐money system where MoE and UoA are integrated.