<?xml version="1.0" encoding="UTF-8"?>
<!-- generator="wordpress/2.0.4" -->
<rss version="2.0" 
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	>

<channel>
	<title>Louise Pryor's blog</title>
	<link>http://www.louisepryor.com/blog</link>
	<description>Just another WordPress weblog</description>
	<pubDate>Mon, 30 Apr 2007 13:36:16 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.0.4</generator>
	<language>en</language>
			<item>
		<title>Moving on</title>
		<link>http://www.louisepryor.com/blog/2007/04/30/moving-on/</link>
		<comments>http://www.louisepryor.com/blog/2007/04/30/moving-on/#comments</comments>
		<pubDate>Mon, 30 Apr 2007 13:36:16 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Uncategorized</category>
	<category>Blogging</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2007/04/30/moving-on/</guid>
		<description><![CDATA[I&#8217;m no longer a software risk consultant; I start at the Board for Actuarial Standards at the beginning of May. Consulting has been fun, but it&#8217;s time to move on.

]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m no longer a software risk consultant; I start at the <a href="http://www.frc.org.uk/bas/">Board for Actuarial Standards</a> at the beginning of May. Consulting has been fun, but it&#8217;s time to move on.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2007/04/30/moving-on/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Small error, big result</title>
		<link>http://www.louisepryor.com/blog/2006/12/03/small-error-big-result/</link>
		<comments>http://www.louisepryor.com/blog/2006/12/03/small-error-big-result/#comments</comments>
		<pubDate>Sun, 03 Dec 2006 10:42:50 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Operational risk</category>
	<category>Financial modelling</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/12/03/small-error-big-result/</guid>
		<description><![CDATA[In my November newsletter I discussed how an error that appears small at the time it occurs can have a big result down the line. Gordon Bagot replied as follows:
I too have come across this problem with a former client. A currency exchange rate was wrongly transferred from one electronic data file to another, manually, [...]]]></description>
			<content:encoded><![CDATA[<p>In my <a href="http://www.louisepryor.com/showNews.do?issue=061130">November newsletter</a> I discussed how an error that appears small at the time it occurs can have a big result down the line. Gordon Bagot replied as follows:</p>
<blockquote><p>I too have come across this problem with a former client. A currency exchange rate was wrongly transferred from one electronic data file to another, manually, and with numbers transposed. The whole firm used the transposed number, in all their systems, until I was asked to do some consultancy work where I used my own source of exchange rates. The firm argued with me, delayed payment too, until I spent the time trying to resolve the problem with one of the client&#8217;s staff. Result, I was right, client wrong, no apology,but I did get payment then more promptly.</p>
<p>There is so much in the way of statistical analyses done, on which quite major investment decisions are made, that I can&#8217;t understand why time, money, resources is not allocated to ensure data is 100% correct as is possible.</p>
<p>I do hope items such as this are noted by your clients.</p></blockquote>
<p>Me too!
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/12/03/small-error-big-result/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>November newsletter</title>
		<link>http://www.louisepryor.com/blog/2006/11/30/november-newsletter/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/30/november-newsletter/#comments</comments>
		<pubDate>Thu, 30 Nov 2006 18:07:07 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Blogging</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/30/november-newsletter/</guid>
		<description><![CDATA[My November newsletter has just gone out.

]]></description>
			<content:encoded><![CDATA[<p>My <a href="http://www.louisepryor.com/showNews.do?issue=061130">November newsletter</a> has just gone out.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/30/november-newsletter/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Women in IT</title>
		<link>http://www.louisepryor.com/blog/2006/11/29/women-in-it/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/29/women-in-it/#comments</comments>
		<pubDate>Wed, 29 Nov 2006 15:04:01 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Uncategorized</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/29/women-in-it/</guid>
		<description><![CDATA[It&#8217;s official! I&#8217;m an unusual person. Just 16% of IT workers are women.
Seriously, though, it appears that the proportion of women in IT is actually falling, as more leave the field than join it.

]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s official! I&#8217;m an <a href="http://news.zdnet.co.uk/itmanagement/0,1000000308,39284852,00.htm">unusual person</a>. Just 16% of IT workers are women.</p>
<p>Seriously, though, it appears that the proportion of women in IT is actually falling, as more leave the field than join it.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/29/women-in-it/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Software causes tube problems</title>
		<link>http://www.louisepryor.com/blog/2006/11/29/software-causes-tube-problems/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/29/software-causes-tube-problems/#comments</comments>
		<pubDate>Wed, 29 Nov 2006 14:57:19 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Operational risk</category>
	<category>Testing</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/29/software-causes-tube-problems/</guid>
		<description><![CDATA[Widespread delays to the London Underground this week were caused by one of the Tube&#8217;s infrastructure operators installing new software.
The new software was loaded over the weekend, presumably to minimise any disruption.  There&#8217;s no indication of what actually went wrong, or whether it could have been prevented by better (or more, or any) testing.

]]></description>
			<content:encoded><![CDATA[<blockquote><p>Widespread delays to the London Underground this week <a href="http://news.zdnet.co.uk/software/0,1000000121,39284859,00.htm">were caused</a> by one of the Tube&#8217;s infrastructure operators installing new software.</p></blockquote>
<p>The new software was loaded over the weekend, presumably to minimise any disruption.  There&#8217;s no indication of what actually went wrong, or whether it could have been prevented by better (or more, or any) testing.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/29/software-causes-tube-problems/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Yes, the decimal point does matter</title>
		<link>http://www.louisepryor.com/blog/2006/11/28/yes-the-decimal-point-does-matter/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/28/yes-the-decimal-point-does-matter/#comments</comments>
		<pubDate>Tue, 28 Nov 2006 22:19:03 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Operational risk</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/28/yes-the-decimal-point-does-matter/</guid>
		<description><![CDATA[A misplaced decimal point has cost Clerical Medical £17m. Apparently a wrong decimal point was input to some unit pricing data in 2002.

]]></description>
			<content:encoded><![CDATA[<p>A <a href="http://business.guardian.co.uk/story/0,,1958434,00.html">misplaced decimal point</a> has cost Clerical Medical £17m. Apparently a wrong decimal point was input to some unit pricing data in 2002.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/28/yes-the-decimal-point-does-matter/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Spreadsheet use in investment banks</title>
		<link>http://www.louisepryor.com/blog/2006/11/28/spreadsheet-use-in-investment-banks/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/28/spreadsheet-use-in-investment-banks/#comments</comments>
		<pubDate>Tue, 28 Nov 2006 22:07:44 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Spreadsheets</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/28/spreadsheet-use-in-investment-banks/</guid>
		<description><![CDATA[A white paper from Lepus Consulting on The Management of Spreadsheet Use in Financial Services. Despite the title, it considers only investment banks. It&#8217;s mainly anecdotal evidence from a survey (no numbers), with a short guide to best practice.

]]></description>
			<content:encoded><![CDATA[<p>A white paper from Lepus Consulting on <span class="doctitle"><a href="http://www.actuate.com/uk/forms/campaignwelcome.asp?ArticleId=10182&#038;URL=http://www.actuate.com/uk/forms/FormSetPPC.asp?formid=2297&#038;pcode=70160000000Gp9MAAS&#038;typ=WEB&#038;uName=onlineq406ukfinextrawp&#038;wt.srch=">The Management of Spreadsheet Use in Financial Services</a>. Despite the title, it considers only investment banks. It&#8217;s mainly anecdotal evidence from a survey (no numbers), with a short guide to best practice.</span>
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/28/spreadsheet-use-in-investment-banks/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Web based spreadsheet</title>
		<link>http://www.louisepryor.com/blog/2006/11/23/web-based-spreadsheet/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/23/web-based-spreadsheet/#comments</comments>
		<pubDate>Thu, 23 Nov 2006 14:31:11 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Spreadsheets</category>
	<category>End user computing</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/23/web-based-spreadsheet/</guid>
		<description><![CDATA[Another web-based spreadsheet. I don&#8217;t know how it compares to Google&#8217;s.

]]></description>
			<content:encoded><![CDATA[<p>Another <a href="http://numbler.com/">web-based spreadsheet</a>. I don&#8217;t know how it compares to <a href="http://docs.google.com/">Google&#8217;s</a>.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/23/web-based-spreadsheet/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>MP3 players: more than just a nuisance</title>
		<link>http://www.louisepryor.com/blog/2006/11/23/mp3-players-more-than-just-a-nuisance/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/23/mp3-players-more-than-just-a-nuisance/#comments</comments>
		<pubDate>Thu, 23 Nov 2006 14:26:22 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Security</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/23/mp3-players-more-than-just-a-nuisance/</guid>
		<description><![CDATA[Apparently it&#8217;s possible to use them to hack into ATMs, as well as to annoy your fellow passengers.

]]></description>
			<content:encoded><![CDATA[<p>Apparently it&#8217;s possible to use them to <a href="http://www.finextra.com/fullstory.asp?id=16179">hack into ATMs</a>, as well as to annoy your fellow passengers.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/23/mp3-players-more-than-just-a-nuisance/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>More laptop woes</title>
		<link>http://www.louisepryor.com/blog/2006/11/23/more-laptop-woes/</link>
		<comments>http://www.louisepryor.com/blog/2006/11/23/more-laptop-woes/#comments</comments>
		<pubDate>Thu, 23 Nov 2006 14:20:12 +0000</pubDate>
		<dc:creator>Louise Pryor</dc:creator>
		
	<category>Operational risk</category>
	<category>Security</category>
		<guid isPermaLink="false">http://www.louisepryor.com/blog/2006/11/23/more-laptop-woes/</guid>
		<description><![CDATA[Laptops can contain confidential information, and are inherently less secure than large machines: it is easier to take physical possession of them.
Nationwide building society recently had one stolen that contained customer information; and 3 laptops containing police payroll information were stolen from LogicaCMG, the UK IT services firm.
You have to wonder whether it was absolutely [...]]]></description>
			<content:encoded><![CDATA[<p>Laptops can contain confidential information, and are inherently less secure than large machines: it is easier to take physical possession of them.</p>
<p>Nationwide building society recently had one stolen that contained <a href="http://news.zdnet.co.uk/security/0,1000000189,39284689,00.htm">customer information</a>; and 3 laptops containing <a href="http://news.zdnet.co.uk/security/0,1000000189,39284814,00.htm">police payroll information</a> were stolen from LogicaCMG, the UK IT services firm.</p>
<p>You have to wonder whether it was absolutely necessary for this information to be on the laptops in the first place. It appears that it may not have been, as Nationwide are saying that the employee who had the laptop stolen may not have been complying with the firm&#8217;s security policy. Of course, it&#8217;s one thing to have a policy and another for it to be complied with.
</p>
]]></content:encoded>
			<wfw:commentRSS>http://www.louisepryor.com/blog/2006/11/23/more-laptop-woes/feed/</wfw:commentRSS>
		</item>
	</channel>
</rss>
