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The PAT is usually generated automatically by the remote system — for example, as a string of 52 alphanumeric characters. Typically, permissions may also be adjusted for each PAT individually, allowing or restricting access to certain classes of data or functions on the remote system.
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
Data can also be sent electronically via a remote backup service, which is known as electronic vaulting or e-vaulting. Sending backups off-site ensures systems and servers can be reloaded with the latest data in the event of a disaster, accidental error, or system crash.
UBS also entered the life insurance business in 1993 establishing UBS Life. UBS formed a joint venture with Swiss Life in 1995, known as UBS Swiss Life. UBS took a 25% ownership position in Swiss Life in exchange for a 50% share in the joint venture. [5] UBS entered the 1990s clearly the largest and most conservative of the three large Swiss Banks.
That same year, Murex partnered with Tullet Prebon, allowing them to use TPI data for internal model validation. [17] Then, in November, UBS announced that it had chosen Murex’s software to replace a large part of its fixed income platform technology, including the booking of trades, valuation and risk management. [8]
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Remote database access (RDA) is a protocol standard for database access produced in 1993 by the International Organization for Standardization ().Despite early efforts to develop proof of concept implementations of RDA for major commercial relational database management systems (RDBMSs) (including Oracle, Rdb, NonStop SQL and Teradata), [1] this standard has not found commercial support from ...
UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland. UBS is headquartered simultaneously in both Zürich and Basel. [9] UBS maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.