Purpose: Despite an obvious connection, business process improvement and BPM capability development have been studied intensely, but in isolation. We thus aim to make the case for research located at the intersection of both streams. We thereby focus on the integrated planning of business process improvement and BPM capability development as this is where, in our opinion, both streams have the ...

Introduction The PROFIT language [Kaiser 90, Kaiser 91] is motivated by applications driven by large quantities of rapidly changing data. An example of such an application is the portfolio management application that seeks to take advantage of the market conditions to optimize portfolios. Network management is another such application with large amounts of data that changes rapidly. Application...

With the aim of portfolio optimization and management, this article utilizes the Clayton-copula along with copula theory measures. Portfolio-Optimization is one of the activities in investment funds. Thus, it is essential to select an appropriate optimization method. In modern financial analyses, there is growing evidence indicating the distribution of proceeds of financial properties is not cu...

This paper describes a new method of bond portfolio optimization based on stochastic string models of correlation structure in bond returns. The paper shows how to approximate correlation function of bond returns, compute the optimal portfolio allocation using Wiener-Hopf factorization, and check whether a collection of bonds presents arbitrage opportunities.