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Each member bank is a private bank (e.g., a privately owned corporation) that holds stock in one of the twelve regional Federal Reserve banks. The amount of stock each member bank must buy is set to be equal to 3% of its combined capital and surplus of stock in the Reserve Bank within its region of the Federal Reserve System.
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A function analysis diagram (FAD) is a method used in engineering design to model and visualize the functions and interactions between components of a system or product. It represents the functional relationships through a diagram consisting of blocks, which represent physical components, and labeled relations/arrows between them, which represent useful or harmful functional interactions.
Enterprise function diagrams hereby give a very easy-to-use and detailed representation of a business process and corresponding functions, inputs, outputs, and triggers. In this way, EFD has many similarities with IDEF0 diagrams, which also represent in a hierarchical way business processes as a combination of functions and triggers.
An organizational chart, also called organigram, organogram, or organizational breakdown structure (OBS), is a diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs. The term is also used for similar diagrams, for example ones showing the different elements of a field of ...
BIAN brings banks, vendors of banking applications, and service providers together as a community to achieve synergies [buzzword] by collaborating on a consensus understanding of the requirements for banking enterprise services within an SOA framework and a formal description of a banking services landscape canonical definitions.
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The structure of an organization will determine the modes in which it operates and performs. Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the branch, department, workgroup, and individual. [4]