Portfolio Application Research Articles

A data science approach to climate change risk assessment applied to pluvial flood occurrences for the United States and Canada

Abstract There is mounting pressure on (re)insurers to quantify the impacts of climate change, notably on the frequency and severity of claims due to weather events such as flooding. This is however a very challenging task for (re)insurers as it requires modeling at the scale of a portfolio and at a high enough spatial resolution to incorporate local climate change effects. In this paper, we introduce a data science approach to climate change risk assessment of pluvial flooding for insurance portfolios over Canada and the United States (US). The underlying flood occurrence model quantifies the financial impacts of short-term (12–48 h) precipitation dynamics over the present (2010–2030) and future climate (2040–2060) by leveraging statistical/machine learning and regional climate models. The flood occurrence model is designed for applications that do not require street-level precision as is often the case for scenario and trend analyses. It is applied at the full scale of Canada and the US over 10–25 km grids. Our analyses show that climate change and urbanization will typically increase losses over Canada and the US, while impacts are strongly heterogeneous from one state or province to another, or even within a territory. Portfolio applications highlight the importance for a (re)insurer to differentiate between future changes in hazard and exposure, as the latter may magnify or attenuate the impacts of climate change on losses.

Analysis of information systems strategic planning using ward and peppard framework case e-commerce company

<span>The e-commerce industry which is developing significantly is always required to be able to adapt well to technological developments where information systems/information technologies (IS/IT) strategic planning must be further developed to support the company's business processes. In this research, the authors focus on analyzing how the information systems strategic planning is currently underway at an e-commerce company. The author uses the ward and peppard framework to analyze the business environment and IS/IT environment internally and externally. Many methods have been developed within the framework such as strengths, weaknesses, opportunities and threats (SWOT) analysis which focus on exposure the company's internal and external conditions, McFarlan strategic grid focus on assessing the overall contribution of IS/IT, and its impact on business success, from both a strategic, and operational perspective, value chain focus on optimizing technology, and business applications, political, economic, social, and technological (PEST) analysis focus on considerations of legal, political, economic, social, and technological developments, critical success factor (CSF) analysis focus on product quality priorities, customer service, product prices, company resources, and technology used. The results of the analysis of these methods are the results of this study, namely the results of portfolio application recommendations for the next four years which can be used as a reference for companies to develop their business strategic planning systems.</span>

The Effects of Electronic Portfolio Application on Improving Vietnamese High School Students’ Writing Ability: The Case Study of Three High Schools in Binh Duong Province

The research aims to investigate the effects of electronic portfolios (e-portfolios) on English as a foreign language (EFL) high school students’ writing ability, students’ and teachers’ attitudes towards the application of e-portfolios in writing classes at three high schools in Binh Duong province. The sample included 15 teachers and 300 twelfth graders at three high schools in Binh Duong province. Facebook was chosen as an e-portfolio platform where the students created and developed their personal e-portfolios. The data were collected both quantitatively and qualitatively through a mixed-method study using the tools of a pre-test, a post-test, a questionnaire (for students), and a semi-structured interview (for teachers in charge of the experimental classes). The survey results showed that e-portfolios considerably impact EFL high school students' writing ability. The results also revealed challenges and technological drawbacks concerning the use of e-portfolios in these classes. For the optimal application of e-portfolios in writing courses, recommendations were put forward to those who are in charge of the course and to those who are taking the course as well.

ZnO nano grafted chitin–chitosan based hybrid composite coated super hydrophobic filter paper for water flow cleaning and oil–water separation applications

A robust superhydrophobic filter paper was developed through a coating technique, simple and facile, cost-effective, eco-friendly, and defensible, for wide portfolio applications.

Time-variation, multiple testing, and the factor zoo

Bayesians circumvent the need for significance threshold correction when multiple testing and we recommend controlling the Type-S (sign), rather than the Type-1, error rate because it yields more reliable frequency properties for inferences. Our unified Bayesian framework, with theory-informed priors, identifies two breaks (2001 and 2008) in our 1980–2018 sample period. After each break the set of characteristics changes, and only market beta is selected in all regimes. In a portfolio application, the method generates significantly larger Sharpe ratios after transaction costs than a range of benchmark methods, including the same model that uses a Type-1 (not Type-S) error framework.

Information System Strategic Planning DPMPTSP Riau Province using Ward and Peppard Method

Appropriate application of information systems and information technology can increase efficiency and effectiveness and create a competitive advantage. Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (DPMPTSP) Riau Province is one of the agencies for providing integrated licensing services spread throughout the Provinces and Regencies/Cities in Indonesia. DPMPTSP is required to carry out the task of licensing services that are fast, accurate, in accordance with existing regulations and transparent costs to the entire community. Thus, it is necessary to design a strategic information system so that the implementation of IS/IT is in line with the vision and mission as well as the company's goals. This research uses the Ward and Peppard method because the method has a fairly clear and complete framework besides that it does not only focus on technology, but also focuses on the business needs of the organization. The result of this research are recommendations for future portfolio applications that can be used within the next four years.

Strategic Planning of Regional Tourism Information System of Morotai Island Regency using Ward and Peppard Framework

The tourism development program in Indonesia is not central but decentralized so that each autonomous region has the authority to determine the direction of policies and strategies for developing tourism potential in their respective areas. In the context of the Morotai Islands regency, an integrated regional tourism information system has not been designed to control and synchronize stakeholders' interests and optimize the marketing of regional tourist destinations. Considering this, this study offers the Ward and Peppard framework for the strategic design of Sistem Informasi Pariwisata Daerah (SIPARDA) as a website-based application that can be used for data collection and monitoring of regional tourism resources as well as tourism destination development programs in Morotai Island Regency. This study shows that the identification of external and internal conditions of the business environment is not limited to the Value Chain approach and Porter's Five Forces Model but also the Tourism Area Life Cycle and Irritation Index to understand the context of regional tourism-related to tourism resources both attractions, accommodation, amenities, and accessibility, as well as the level of acceptance of the Morotai people towards tourism development programs. Furthermore, identifying the current internal and external conditions of information systems or information technology in the portfolio application is analyzed based on Strenght, Weaknesses, Opportunities, and Threats (SWOT) to provide recommendations for future application portfolios. The results of this study recommend the Regional Tourism Information System known as Sistem Informasi Pariwisata Daerah (SIPARDA) as a portfolio future application that needs to be prioritized to optimize the function of monitoring tourism development in the Morotai Island Regency.

Perencanaan Strategis Sistem Informasi pada Rumah Batik Anto Djamil Menggunakan Metode Ward and Peppard

Batik is a work of art that takes a long time to make. The steps of making batik start from the stage of pouring ideas, making sketches, the design process, drawing patterns, the canting process, coloring, melorod, and finally the finishing stage so that it becomes a batik cloth. One example of a batik company that exists, especially in Sokaraja, Banyumas Regency is Rumah Batik Anto Djamil. Rumah Batik Anto Djamil has obstacles in its business processes, the obstacles are Information Systems and Information Technology (IS/IT) that have not been used optimally and IS/IT that have not been integrated with each other. Efforts to overcome the obstacles that exist within the company, an IS/IT strategic plan is needed that is right on target, which is based on the current situation in the company. The purpose of making an IS/IT strategic plan itself is to integrate business operational objectives with IS/IT strategic objectives in the company. The ward and peppard method is used in IS/IT strategic planning to manage obstacles that can hinder the company's operations because ward and peppard focuses on business needs within the company and has clear and precise strategic steps. McFarlan Strategy Grid, Value Chain, PEST, and SWOT analysis are analyzes that will later be used for IS/IT strategic planning in this research. IS/IT strategic planning document is the result of this research. This research also produces a portfolio application for Rumah Batik Anto Djamil within the next five years which will facilitate the business and production processes at the Rumah Batik Anto Djamil

History, Current Practice, and the Future of Wound Care for Occupational and Physical Therapists.

History, Current Practice, and the Future of Wound Care for Occupational and Physical Therapists.

Safe-haven properties and portfolio applications of cryptocurrencies: Evidence from the emerging markets

This paper investigates the hedging and safe-haven properties of Bitcoin (BTC) and Ethereum (ETH) for emerging stock market (ESM) indices. The results show all hedging costs are increasing during the pandemic. When the study's hedging effectiveness is generally evaluated, BTC provides better protection against ESM indices than ETH. Moreover, during the pre–pandemic period, investors should create portfolios using an optimal weights-based strategy rather than a hedged portfolio-based strategy. Finally, while BTC and ETH have weak safe-haven properties against most ESM indices, only BTC have strong safe-haven properties against the Malaysia stock index during the pandemic period.

Surrogate probabilistic seismic demand modelling of inelastic single‐degree‐of‐freedom systems for efficient earthquake risk applications

AbstractThis paper proposes surrogate models (or metamodels) mapping the parameters controlling the dynamic behaviour of inelastic single‐degree‐of‐freedom (SDoF) systems (i.e., force‐displacement capacity curve, hysteretic behaviour) and the parameters of their probabilistic seismic demand model (PSDM, i.e., conditional distribution of an engineering demand parameter [EDP] given a ground‐motion intensity measure [IM]). These metamodels allow the rapid derivation of fragility curves of SDoF representation of structures. Gaussian Process (GP) regression is selected as the metamodelling approach because of their flexibility in implementation, the resulting accuracy and computational efficiency. The metamodel training dataset includes 10,000 SDoF systems analysed via cloud‐based non‐linear time‐history analysis (NLTHA) using recorded ground motions. The proposed GP regressions are tested in predicting the PSDM of both the SDoF database (through ten‐fold cross validation) and eight realistic reinforced concrete (RC) frames, benchmarking the results against NLTHA. An application is conducted to propagate such modelling uncertainty to both fragility and vulnerability/loss estimations. Error levels are deemed satisfactory for practical applications, especially considering the low required modelling effort and analysis time. Regarding single‐building applications enabled by the proposed metamodel, this paper presents a first attempt at a direct loss‐based design procedure, which allows setting a target loss level for the designed structure (shown for a realistic RC frame). An earthquake risk model involving dynamic exposure and vulnerability modules is illustrated as an example of building portfolio applications. Specifically, the proposed application considers a retrofit‐based seismic risk‐reduction policy for a synthetic building portfolio, for which it is possible estimating the loss evolution over time.

Manajemen Risiko Divisi Sistem Informasi Perguruan Tinggi Dengan Framework COBIT 5

In order to achieve the company goals, in Universitas Kristen Maranatha, Information system becomes the main tool and Information Technology infrastructure become the backbone in running the company business model, along with the increasing of portfolio application, number of Information Technology services and the amount of human resources. Universitas Kristen Maranatha requires an international standard instrument to measure several domains, both Manage and Operation domains, holistically. By implementing frameworks such as COBIT 5 or COBIT 5 for IT RISK, ISO 31000: 2018, the company is able to measure planning effectiveness, strategic policies implementation, IT service management measured by Service Level Agreement, monitoring and evaluation. In this research, there are 7 domains implemented as follows: EDM01-Ensure Governance Framework Setting and Maintenance, EDM03- Ensure Risk Optimization, AP002- Manage Strategy, APO09- Manage Service Agreements, AP012-Manage Risk, BAI01-Manage Programmes and Projects, BAI05- Manage Organizational Change Enablement.

Bridging the Gap between Strategic Allocation and Investment Risk

For many institutional investors, there is a potential inconsistency between models used for long-term strategic asset allocation and investment risk management. Investment risk models, often calibrated with a shorter history spanning 5 to 15 years, could provide misleading results when used for strategic portfolio construction decisions, which usually consider longer-term asset characteristics spanning multiple business cycles. In this article, the authors propose a methodology to address this challenge. They show that it is possible to reflect long-term asset characteristics in simulated scenarios generated by a risk system calibrated with short-term history, creating a better alignment between risk and strategic asset allocation models. Their methodology allows institutional investors to better use existing simulations from their risk models for portfolio allocation, sensitivity analysis, stress testing, and other portfolio applications. <b>TOPICS:</b>Portfolio construction, simulations, risk management, performance measurement <b>Key Findings</b> ▪ The authors propose a methodology to address the common inconsistency that exists between models used for long-term strategic asset allocation and investment risk management. ▪ The authors show that it is possible to reflect long-term asset characteristics in simulated scenarios generated by a risk system calibrated with short-term history, creating a better alignment between risk and strategic asset allocation models. ▪ The methodology allows institutional investors to better use existing simulations from their risk models for portfolio allocation, sensitivity analysis, stress testing, and other portfolio applications.

Mobile And Cloud Computing Based It Strategic Planning (Case Study: Primeone School Medan)

PrimeOne is one of the national school in Medan which has used IT application in its operational, however the IT applied hasn’t reached the maximum standard and caused the important information couldn’t be accessed personally by parents such as checking for the tuition fee paid, checking for the students study progress, etc. So that it might cause some parents object to send their kids to PrimeOne School. This shows that PrimeOne School needs to have good IT Strategic Planning so that the school can serve the best for parents and reach the operational goals effectively. There are some purposes in this research (1) Plan for the good IT Strategic Planning which gets along well with school vision, mission, goals and business process for the next 2 years, which is 2016-2017 period, (2) To gain the Information System and Information Technology solution also recommendation which can support school business strategy to increase the interest of parents and school competition. This research used several methods to analyze which are SWOT analysis, Potter Five Forces Analysis, CSF Analysis and Value Chain Analysis. From these analysis, information system strategy, information technology strategy and IS/IT management strategy are produced. The result of this research is a recommendation or suggestion which is portfolio application which can be used for PrimeOne. The conclusion from this research is PrimeOne School is at the Second Quadran where it is expected to enlarge the IS/IT strategy applied and produce IS/IT strategy suggestion ( Promotion Application with Social Media Cloud Computing, POS Mobile Application, Interactive Learning Application, Facility Application and develop network connection between the school buildings ) which will increase parents’ interest and school competition.

Internet Appendix for State-Varying Factor Models of Large Dimensions

The Internet Appendix collects the proofs and additional results that support the main text. The additional theoretical results include a detailed description of special cases and related models and an extension to noisy and misspecified state processes. We also provide an estimator for the number of factors. The additional empirical results consider alternative state processes and discuss the choice of tuning parameters. We also study a portfolio application of our state-varying factors. The extensive simulation section compares the performance relative to alternative latent factor models that allow for time-variation and studies the choice of bandwidth and number of factors with cross-validation arguments. Lastly, we collect the detailed proofs for all the theoretical statements.

A PERANCANGAN ARSITEKTUR ENTERPRISE PADA PERUSAHAAN DISTRIBUTOR MENGGUNAKAN FRAMEWORK ENTERPRISE ARCHITECTURE PLANNING (STUDI KASUS: CV. XYZ)

CV. XYZ is a trading company engaged in the sale of agricultural engineering equipment such as diesel engines, tractors, compressors, generators, spare parts and other equipment. In its business activities data from CV. XYZ, still not computerized or still manual, it needs the help of information systems to integrate data owned, so that it is expected to improve company performance. This study uses data collection methods by observation and interviews with company owners and study previous literature studies. Enterprise Architecture Planning (EAP) is a method of approach in data quality planning that is oriented to business needs, this plan consists of data architecture, applications and technology infrastructure. Business modelling uses value chain analysis and SWOT analysis. The results of this study produce a portfolio application recommendation forms such as Purchasing, Sales, and Inventory Information Systems so that they are integrated into one between purchasing goods to suppliers, selling goods to customers, and inventory of goods in warehouses.

Project Portfolio Selection under Uncertainty: A DEA Methodology using Predicted and Actual Frontiers

Project portfolio management (PPM) is an important area of interest in many organizations. There is a wide literature on each of many different aspects of PPM. The central purpose of the current paper is to focus on a specific sub-area of PPM, namely the project portfolio selection (PPS) problem. Specifically, we develop a new methodology that will aid management in choosing from a set of candidate project proposals, a subset of those project proposals that align with strategic objectives of the organization. Research methodology is based on the data envelopment analysis (DEA) construct to compare a set of decision making units (such as proposed projects) to arrive at an efficiency score for each member of this competing set, derive the best performers, generate an efficiency frontier and quantify inefficiency in the non-best performers. While DEA has been applied in numerous settings, the unique feature of the project portfolio application is the presence of two sets of data, namely pre-implementation “estimates”, and post-implementation “actuals”. Our methodology is unique in that it uses the idea of dual DEA frontiers based on such before and after data for a set of past projects. Dual frontier concept makes not only an important practical contribution to the PPS literature, but as well it opens new directions and provides an innovative advancement in the DEA literature. The requisite data is not publicly available. We believe, however, that the stand-alone methodology makes an important contribution to both the DEA and PPS literature.

Penerapan Metodologi Tozer Dalam Perencanaan Strategis Sistem Informasi Pada PT Telekomunikasi Indonesia Tbk Witel Bandung

Strategic planning of information systems is one of the keys in achieving the target expected by an organization. With interviews, observations, and document studies, this study aims to 1) evaluate strategic planning based on strengths, weaknesses, opportunities and threats in improving quality at PT. Telekomunikasi Indonesia Tbk, Witel Bandung to find strategic information sisem 2) develop strategically using Tozer method with SWOT Analysis analysis (strength, weakness, opportunities, threats), Value Chain Porter, CSF Analysis (Critical Success Factor), McFarlan Grid's Portfolio Application Analysis, PEST Analysis. The final result of this research in the form of strategic planning recommendations of information systems will be useful to improve the information system in PT. Telecommunications Indonesia Tbk, Witel Bandung.

IT Strategic Planning on AMIK XYZ 2020-2024

Most organizations in all sectors of industry, commerce, non-profit and government are now fundamentally dependent on information systems (IS) and information technology (IT). SI and IT are required to be the key to operational activities in all fields, not just as a tool. Utilization of IS / IT aims to improve the effectiveness and efficiency of operational activities and produce benefits for the long term. One of the benefits of using IS/IT for the long term is to be able to bring organizations, companies and institutions to achieve competitive advantage. AMIK XYZ is a private university based on information technology. AMIK XYZ's vision is to become an excellent university in Indonesia in 2028, which has a high commitment to quality education. To achieve its vision, AMIK XYZ requires a portfolio of future applications that are expected to bring AMIK XYZ to competitive advantage. This information technology strategic planning adopts the Ward and Peppard framework. The models used in this study are Five Force Porters, Value Chain, SWOT Matrix, Critical Success Factor and Mc Farlan Strategic Grid. The stages in this research are primary and secondary data collection then an internal and external environment analysis is carried out, then an IS / IT strategy analysis is carried out, a gap analysis is carried out to determine the application to be developed and an improvement of existing features, for the creation of an IS / IT development roadmap. The results of IS / IT strategic planning are business strategies, IS / IT management strategies and future portfolio applications that are aligned with business strategies. The IS / IT strategy that will be the first priority to be developed is adjusted to the priority issues that must be addressed immediately. The implementation of future application portfolios is expected to bring AMIK XYZ to its vision.

Bridging the Gap between Strategic Allocation and Investment Risk

For many institutional investors, there is a potential inconsistency between models used for long term strategic asset allocation and investment risk management. Investment risk models, often calibrated with a shorter history spanning five to fifteen years, could provide misleading results when used for portfolio construction decisions, which usually take into account longer term asset characteristics spanning multiple business cycles. In this article, we propose a methodology inspired by change of measure and importance sampling to address this challenge. We show that it is possible to reflect long term asset characteristics in the simulated scenarios generated by a risk system, creating a better alignment between the risk and long term asset allocation models. Our methodology allows institutional investors to better utilize their existing simulation from risk models for portfolio allocation, sensitivity analysis, stress testing and other portfolio applications.