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Clouds - Incentage AG

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Hidden Cost Delegation by Standards Bodies<br />

Reduce Change Capability of Financial Sector<br />

Costs<br />

high<br />

low<br />

Standard<br />

Definition<br />

Extremely high integration<br />

capabilities of the market<br />

participants required.<br />

Maximal costs for<br />

each standards<br />

user (n-times).<br />

XBRL<br />

MX<br />

Trend of cost delegation by<br />

standards bodies thru<br />

introduction of flexibility with<br />

XML technology<br />

low high<br />

Standard’s Strictness<br />

FIX<br />

Cooperationmodel<br />

for the definition of a<br />

commonly agreed and<br />

sustainably used standard.<br />

The cost of standards<br />

discussion, definition, adoption<br />

Planning and organisation is<br />

Invested centrally (once) and<br />

shared by the community.<br />

Standard<br />

Integration<br />

<strong>Incentage</strong> Customer Day 16.09.2011<br />

<strong>Incentage</strong> <strong>AG</strong>, Switzerland<br />

4<br />

FIN

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