Showing posts with label domains. Show all posts
Showing posts with label domains. Show all posts

Friday, February 21, 2025

Safety-critical systems

A safety-critical system or safety-involved system is one whose failure may cause death or injury to people, harm to the environment, or substantial economic loss. such as aviation, railway, and automotive, such systems are typically subject to a rigorous safety assessment process.

Examples of safety-critical systems

  • Aerospace, Spaceflight Systems
  • Defense Systems
  • Aviation, Airborne  Systems
  • Automotive, Vehicles Systems
  • Railways Systems
  • Energy,  Nuclear, Oil and Gas Production Systems
  • Medical Devices, Life support  Systems
  • Manufacturing, Industry Infrastructure, machinery Systems

Some of Standards for safety-critical systems used as reference in Software Quality Engineering and Testing:

  • IEC 61508: Functional Safety of Electrical/Electronic/Programmable Electronic Safety-related Systems
  • DO-178C: Software Considerations in Airborne Systems and Equipment Certification
  • ISO 26262: Road vehicles — Functional safety
  • IEC 62279: Railway applications - Communication, signalling and processing systems - Software for railway control and protection systems
  • IEC 61513: Nuclear power plants - Instrumentation and control Systems important to safety
  • IEC 62304: Medical device software — Software life cycle processes
  • IEC 61511: Safety instrumented systems for the process industry sector
  • IEC 62061: Safety of machinery - Functional safety of safety-related control systems

Tuesday, January 30, 2024

Business Domain - Banking

  • Sales & Service - Marketing, Customer & Product Management ("Front Office")

The products and services offered to customer entities by a financial institution.

    • Common Services
      • Customer Relationship Management
      • Delivery Channel Management
      • Marketing
    • Investment Banking

Services corporations, other financial institutions and governments with raising funds via capital markets.

      • Trading
      • Corporate Finance
      • Research
      • Custody Services
    • Commercial & Business Banking

Offered to larger domestic and multi-national commercial clients, include payments and cash management, trade services, and liquidity management.

      • Cash & Liquidity Management
      • International Trade Services
      • Commercial Lending
      • Commercial Payments
    • Retail Banking

The mainstream consumer banking segment for individuals and small businesses (checking/current accounts and savings, credit and debit cards and consumer loans.)

      • Deposits & Liability
      • Cards / Unsecured Loans
      • Secured Loans / Mortages
      • Payments & Remittances
    • Wealth Management

Private banking and wealth management services for high net worth clients.

      • Portfolio Management
      • Financial Planning
    • Insurance

Insurance, accident, health and annuities.

      • Life
      • Health
      • Accident
      • Pension & Retirement
      • Annuity
    • Non-Life Insurance

Property and casualty, and be offered to consumers and corporations.

      • Personal & Business Property
      • Personal & Business Casualty
  • Risk Management and GCR ("Middle Office")

Common business support services for risk management, governance, operational security and compliance.

    • Risk Management
      • Finance Risk Modeling
      • Market Risk
      • Liquidity Risk
      • Credit Risk
      • Operational Risk
      • Fraud/AML
      • Acturial Modeling
    • Governance & Compliance
      • Corporate Performance Management
      • Financial Control
      • Reconciliation
      • Audit
      • Financial Reporting
      • Regulations
      • Compliance
  • Core Processing ("Back Office")

Operational functions essential to the business of financial services.

    • Customer Information
      • Customer and Account Information - Onboarding & Maintenance
      • CRM / Contact History
    • Banking
      • Trade Clearing
      • Reconciliations
      • Matching & Confirmations
      • Treasury Operations
      • GL Posting
      • Statements & Advice
      • Forex
      • Corporate Actions
      • Account Analysis & Billing
      • Liability / Deposit Servicing
      • Cards - Insurance & Servicing
      • Underwriting
      • Loan Origination
      • Loan Servicing
      • Collateral Management
      • Collections
    • Wealth Banking & Wealth Management
      • Wealth / Asset Management
      • Trust
    • Insurance
      • Rating
      • Underwriting
      • Policy Admin
      • Claims Processing
    • Payments, Clearing & Settlement
      • Domestic Payments
      • International Payments
      • Financial Messaging
  • Corporate Operations

Corporate support functions within the organization. Horizontal in nature, ERP functions, HR, vendor management etc.

    • Finance & Treasury
    • Business Administration
    • Procurement
    • Project Management Office (PMO)
    • IT Operations
    • Strategy
    • Human Resources