Monday, 5 October 2015

Discounted Cash Flow ~ An Overview

DCF short for discounted cash flow analysis is a way to evaluate a company, project or assets. Cash flows for the future are assumed and discounted considering cost of capital to get the current values. Sum of future cash flows outgoing or incoming is net present value (NPV) that’s taken as price or value of cash flows. Discounted cash flow analysis is used to determine the worth of an investment in simplified terms. It is used in real estate development, investment finance, patent evaluation and corporate financial management.

As Matthew Roddan from Project Ninety Nine says, understanding the probability of risk and profits is very important in an investment decision. Investment decisions are made for profits and understanding what one can expect is very important to determine the suitability of an investment. Exponential discounting is the most common method deployed for discounting, to evaluate future cash flows answering the question – what would be the returns for an investment at a specific rate of return, as against cash flow expected in the future? Hyperbolic discounting is another method, though not deployed widely. Discount rate is the right weighted average cost of capital (WACC) and it reflects cash flow risks.

Discounted cash flow analysis is important for any investor to determine if or not an investment decision is suitable. Let’s look at it this way – consider the investment as a business or a company. DCF is a way to determine a company worth currently, based on calculations for the future. Though this is a useful method, it does have hiccups. Being a mechanical evaluation tool, it is bond by a principle and even simple changes in one value could result in major changes in value. So, instead of determining values for infinity a cap is used – say 10 years. This way, estimation becomes measurable.

Besides, Discounted Cash Flow is a method that uses intrinsic valuation for companies that have predictable flow of cash. It is used for companies that have been around for a while, though it is also used for IT companies that are expected to grow swiftly. This means, when a start-up or developing firm is evaluated, the results could go right or horribly wrong! As an investor, you must be able to weigh your options and prepare for both, says Matthew Roddan of Project Ninety Nine. This way or that, evaluating an investment is important for any investor and determining the right investments is done based on calculations that are probabilities and possibilities, not a definitive. The calculated risk should be something you would be able to manage, irrespective of whether it turns our favorable or not! 

Saturday, 3 October 2015

Dubai International Financial Centre By Matthew Roddan

The Dubai International Financial Centre also called DIFC is located in Emirate of Dubai and is a federal financial free zone in United Arab Emirates. Established in 2004 through a decree, DIFC is a sprawling 110 acres. Legal systems and courts are different from UAE, with a jurisdiction over commercial, corporate, employment, trusts, civil and securities law affairs. The main aim of DIFC is to offer a platform for financial and business institutions to enter in or out of emerging marks in the region and to create an ambiance for progress, growth and economic development in UAE by offering adequate infrastructure and legal backing on par with international standards.

Under the constitution of UAE, DIFC is independent judicially with commercial and civil laws different from that of UAE. DIFC laws are in English to avoid ambiguity and DIFC has courts and judges from jurisdictions with common law like Singapore, England and Hong Kong. Though DIFC has independent laws, the immigration rules and criminal law is the same as UAE. DIFC-LCIA Arbitration Centre is modeled after London Court of International Arbitration. DIFC Authority is the main governing body for DIFC and DFSA (Dubai Financial Services Authority) regulate financial services in DIFC, though it is different from UAE federal Securities and Commodities Authority that governs outside of DIFC.

Financial institutions can submit applications for a license and they’re benefitted from the 0% tax for income and profits, no limitations on Forex or profit/capital repatriation, 100% foreign ownership, business continuity and operational support amenities. Dubai International Financial Exchange is a privately owned financial exchange for DIFC and was listed as DIFX and rebranded as NASDAQ Dubai in 2008. DFSA regulates NASDAQ Dubai.

Dubai International Financial Centre Complex houses a hotel, Ritz Carlton that was opened in 2011. Dubai International Financial Centre also houses art galleries, restaurants and an array of outlets for shopping extravaganza. The Dubai shopping season has garnered acclaim worldwide and the number of tourists visiting during this season shoots through the sky. Many entrepreneurs would like to have a business established in DIFC and it isn’t surprising considering the perks and profits businesses get here. Matthew Roddan of Project Ninety Nine would recommend suitable and innovative project launch here, when an able leader is helming it.

The location of a business is very important and DIFC is one location businesses should consider. Not just for expansions, even new launches that are good would sure thrive and flourish here. There’s a reason why it is called Financial Centre and you must try it, to believe it.

Friday, 2 October 2015

What’s a Medium Term Note?

Medium-term note or MTN is when a debt note maturity period is 5 – 10 years, though technically the repayment duration or maturity period could be less than a year to a 100 years! These debt notes can be issued on floating or fixed coupon basis. Floating rate MTNs are either simple where the coupon is aligned
Euribor +/- basis points or it could be notes with complex structure and linked to indices, swap treasuries, etc.  If they’re issued to investors who aren’t residents of the US, they’re termed "Euro Medium Term Notes". Issuing MTNs to US-based investors calls for a US MTN program.

MTNs can come with fixed maturity date or come with put options, embedded call wherein MTNs could be redeemed per pre-accepted terms or speculations. MTN is usually issued for unsecured investment debts, with fixed rates, though it offers flexibility to both the issuer and investor when it comes to documentation and structure. While many use bank instruments for PPP and have an idea of how MTNs work, many don’t know how it really works! It is funny how they’re rising in popularity and many deploy it for different purposes, without knowing how these instruments work or what it really is! Matthew Roddan of Project Ninety Nine explains MTNs are a great way to get into PPP, especially since not many have the funds required to invest in PPP from their resources. Since PPP is gaining exposure and many would like to know if or not PPPs are what stuffs that make a mythical legend, let’s understand MTNs better.

According to Matthew Roddan, many aspire to invest in PPP but end up being unable to do so by trusting wrong people (brokers) or because they don’t have enough resources. The former is truer and why many think PPPs don’t exist. So, let’s understand MTNs better and how they can be used for PPP. MTNs are instruments of debt issued by banks and are sold to investors with a good face value, annual interest rate and maturity date. So, if you hold a note from Bank of America that’s worth 100 million, with interest rate of 7% each year, you will get 7 million till the instrument matures, after which you can cash it for its worth!

While MTNs are very similar to debt notes, it is more popular because of its price, flexibility, resale potential and option to be bought at a discount instead of its face value. According to Matthew Roddan from Project Ninety Nine, MTNs are available for more than fifty years and can effectively compete with any bank instrument. Since they were available for discounted rate, it became popular after “trading bank instruments” gained notoriety in the secondary market. PPP reign began soon after and Internet has made it even more popular and widely available. If you have an interest in PPP, MTNs Project Ninety Nine are your go-to option.

Thursday, 26 February 2015

Software Testing Best Practices

Find underneath the rundown of best practices that need to be taken after while doing Software Testing to delivey Quality item.

We ought to begin our testing exercises at start of Software advancement itself. Understanding Scope/reason for the undertaking will help to judge the degree/level of testing needed.

Analyzers ought to go thro' the prerequisites in subtle element without missing any focuses given by the customer before composing experiments.

The experiments ought to be overhauled promptly once the customer gives new prerequisite or changes the necessities.

The experiment archive ought to cover all the necessities regardless of the fact that a few prerequisites are non-testable. These non-testable things ought to be stamped as non-testable. Keeping traceability grid record will supportive to attain to this.

The Test case record ought to help to obviously recognize progression/course of action of experiments. It ought to have clear way to orchestrate experiments if numerous experiments exist with comparable steps. It is not fitting to duplicate & glue the comparative experiments ordinarily, rather we can tag just the extra/distinctive steps.

Depiction of every experiment ought to be composed obviously in the wake of comprehension the connection/module of portrayal. Steps ought to be composed when physically executing them. Expected results ought not have any uncertainty. In the event that obliged, Prerequisite/preconditions ought to be specified.

Arranging and making test arrangement archive is fundamental actually for little transient activities. The test arrangement archive require not contain all the points of interest, yet it ought to contain in any event extremely essential segments, for example, scope,schedule, dangers, situations, analyzers

Arranging of improvement/test/organizing situations ought to be carried out unmistakably. What's more it is imperative to move the code and keep up form of code in every environment with no uncertainty/disarray. Analyzers ought to know which form of code/information is accessible in every environment

Test execution ought to be carried out precisely in view of the experiments. It is vital to utilize suitable test information. It is ideal to make distinctive set of test information amid experiment creation itself. The test information ought to cover substantial format,invalid organization and limit values. Test result(pass/come up short) ought to be unmistakably overhauled for every experiment. It is great practice to say Actual conduct if the experiment fizzles. The test outcomes ought to be imparted to alternate gatherings (developers,business/customer) every day regardless of the possibility that all the experiments are not executed. For this situation, we ought to add a note to demonstrate that the test execution is still in advancement. The test execution synopsis archive/mail ought to unmistakably specify date of execution, environment, test name and test outcome.

In the event that, the greater part of experiments are getting fizzled consistently, there is no importance of proceeding with the execution. Execution ought to be continued once in the wake of altering the significant issues.

It will be pleasant on the off chance that we highlight the testing status (pass, fall flat, yetToStart) in suitable shading. Be that as it may in any case, simply highlighting the experiment with suitable shading without detailing status is not a decent practice. Since while taking single shading printout of the test report, it is hard to see the status from the shading.

It is great practice to do some adhoc testing notwithstanding the experiment execution.

Clear/fitting correspondence/co-appointment inside the Testing group furthermore with different groups (designers, customer/business)is extremely fundamental.

The bug report ought to be arranged plainly with all key points of interest, particularly with the steps/testdata for recreating the bug. The bug report ought to help the designers to recreate the bug and to alter it. software testing tester

Doing re-test and little relapse test is key at whatever point a reported bug is altered

It is bad on the off chance that we do all the testing physically, as manual testing will take additional time/exertion and it is hard to oversee, furthermore it not reliable or repeatable. So it is ideal to mechanize the experiments utilizing test apparatuses, for example, QTP(Quick Test proficient). Indeed we can utilize straightforward shell scripts and vbscript to robotize some piece of the testing.

Wednesday, 25 February 2015

Basic FAQs in Software Testing

1. What is the motivation behind the testing?

Programming testing is the methodology used to help distinguish the Correctness, Completeness, Security and Quality of the created Computer Software.

Programming Testing is the methodology of executing a system or framework with the plan of discovering mistakes.

2. What is quality certification?

Programming QA includes the whole programming improvement PROCESS - observing and enhancing the methodology, verifying that any settled upon norms and systems are emulated, and guaranteeing that issues are discovered and managed. It is arranged to 'aversion'.

3. What is the distinction in the middle of QA and testing?

Testing includes operation of a framework or application under controlled conditions and assessing the outcomes. It is situated to 'recognition'.

Programming QA includes the whole programming improvement PROCESS - checking and enhancing the procedure, verifying that any settled upon models and methodology are emulated, and guaranteeing that issues are discovered and managed. It is arranged to 'avoidance'.

4. Describe the Software Development Life Cycle

It incorporates viewpoints, for example, beginning idea, prerequisites investigation, utilitarian configuration, inner outline, documentation arranging, test arranging, coding, archive arrangement, mix, testing, support, upgrades, retesting, eliminate, and different perspectives.

5. What are SDLC and STLC and the distinctive periods of both?


> Requirement stage

> Desing stage (HLD, DLD (Program spec))

> Coding

> Testing

> Release

> Maintenance


> System Study

> Test arranging

> Writing Test case or scripts

> Review the experiment

> Executing experiment

> Bug following

> Report the imperfection

6. What is a Test cot?

Proving ground is an execution situation designed for programming testing. It comprises of particular equipment, system topology, Operating System, arrangement of the item to be under test, framework programming and different applications.Software testing The Test Plan for an undertaking ought to be created from the test cots to be utilized.

7. What is a Test information?

Test Data is that go through a PC project to test the product. Test information can be utilized to test the agreeability with powerful controls in the product.

8. Why does programming have bugs?

Miscommunication or no correspondence - about the points of interest of what an application ought to or shouldn't do

Programming mistakes - now and again the developers can commit errors.

Changing necessities - there are possibilities of the end-client not understanding the impacts of changes, or may comprehend and demand them in any case to upgrade, rescheduling of designers, impacts of different undertakings, work officially finished may must be revamped or tossed out.

Time power - planning of programming tasks is troublesome, best case scenario, frequently obliging a considerable measure of mystery. At the point when due dates are given and the emergency comes, slip-ups will be made.

9. What is the Difference between Bug, Error and Defect?

Lapse: It is the Deviation from genuine and the normal quality.

Bug: It is found in the advancement environment before the item is sent to the separate client.

Imperfection: It is found in the item itself after it is sent to the separate client.

10. Describe the contrast in the middle of acceptance and confirmation

Confirmation is carried out by incessant assessment and gatherings to assess the records, strategy, code, necessities, and details. This is finished with the agendas, walkthroughs, and review gatherings.

Acceptance is carried out amid real testing and it happens after all the confirmations are being carried out.

11. What is the contrast in the middle of structural and practical testing?

Structural testing is a "white box" testing and it is in light of the calculation or code.

Useful testing is a "discovery" (behavioral) testing where the analyzer checks the practical detail.

12. Describe base up and top-down methodologies

Base up methodology: In this methodology testing is directed from sub module to principle module, if the fundamental module is not added to a transitory system called DRIVERS is utilized to reproduce the primary module.

Top-down methodology: In this methodology testing is directed from fundamental module to sub module. in the event that the sub module is not built up an interim system called STUB is utilized for reproduce the submodule.

13. What is Re- test? What is Regression Testing?

Re- test - Retesting means we testing just the certain piece of an application again and not considering how it will impact in the other part or in the entire application.

Relapse Testing - Testing the application after a change in a module or piece of the application for testing that is the code change will influence rest of the application.

14. Explain Load, Performance and Stress Testing with an Example.

Burden Testing and Performance Testing are generally said as positive testing where as Stress Testing is said to be as negative testing.

Say for instance there is an application which can deal with 25 concurrent client logins at once. In burden testing we will test the application for 25 clients and check how application is functioning in this stage, in execution testing we will focus on the time taken to perform the operation. Where as in anxiety testing we will test with a greater number of clients than 25 and the test will proceed to any number and we will check where the application is splitting.

15. What is UAT trying? When it is to be carried out?

UAT testing - UAT remains for 'Client acknowledgement Testing. This testing is completed with the client point of view and it is typically done before the discharge.

Monday, 12 January 2015

Hitachi Magic Wand Massager and its Benefits

Hitachi magic wand vibrator, also known as the Hitachi magic wand massager is a device that has been appreciated by a number of people around the world. A large mass of people have been buying these vibrators for the past 30 years. There are a number of advantages associated with the Hitachi magic wand vibrator.

The price is not exorbitant and once you invest in it, you can use the device for at least 6-7 years. Proper handling further lengthens the life of the device

The magic wand massager or Hitachi magic wand vibrator helps soothes the body muscles and eliminates pains in the back, neck and the shoulders. The vibrations cause the regeneration of dead tissues and also stimulate the growth of body tissues.

The vibration speed can be adjusted to a low speed of 5,000 rpm and a high speed of 6,000 rpm

The device is easy to use and can be used on body parts that are hard to reach. The long handle and the flexible head reach those body parts that are not easily accessible to hands. The head is 2.5 inches in diameter and the handle is 9 inches long.

The magic wand vibrator is widely used as a sex toy. When the head is placed against the genitals and the erogenous zones in the human body, the vibration causes stimulation of sensitive tissues thus sexually arousing a person. Women enjoy increased and more orgasms during sexual intercourse while men enjoy elongated erection periods. The vibrator has enhanced effects in women and clitoral stimulation in them.

Old people can use this device to decrease the pain intensity in the concerned body parts. The use of the vibrator against the body parts improves blood circulation because of the vibrations produced by the device.

The magic wand vibrators are easily available in the stores and can also be ordered online on various sites on the internet.

These vibrators are extremely portable and can be carried around without much difficulty.

Hitachi magic wand vibrators have been on the block for a long time now and the sales of these vibrators have doubled in the last 2 years. The vibrator is being used by people of all ages as per their requirements. The massager saves you the time of going to a masseur and getting a massage every weekend. You can sit back and use the massager on your own.

There are various attachments that can be used with the magic wand vibrator. G-spotter and the wonder wand attachments are the two most popular attachments that can be used in conjunction with the device. The cord of the device is as long as 6 feet and hence can be easily plugged in to a wall socket.

All in all the Hitachi magic wand vibrator forms a perfect product for people who are looking to get rid of body pains that haunt them often and people who are looking to enhance arousal and genital sensitivity.

Tuesday, 9 December 2014

Characteristic Features of the CMS Web Design

In present days having a website is not adequate. In our quick growing business conditions, the world wide website must be up to date, projects, current reflection of the business and notifications, customers and clients, about specials, latest news etc. This demanding project was made effortless by CMS web design.
CMS web design was place as prompt fetching the number preference for the applications of the industry web development. Designed for the most part CMS web design allows businesses to organize their individual contents in their site.
CMS sites have all the desires of web development of businesses and have several rewards to make the first option web development solutions. The later are some recompense of this section of sites.
one. CMS is available, lets you effortless website executive and updates. Lots of CMS system are also user-friendly they didn't need any technical knowledge.
two. They are Search Engine Optimization (SEO) friendly. lots of great plug ins are now available to handle website SEO. So, these CMS sites are mostly SEO.
three. Customizable website templates. CMS sites are based on templates and there's different types of premier template developers were available online anywhere. Web designers are often creates custom web templates development for clients giving the site one-of-a-kind look and feel.
four. Robust part and plug-in directories. The strongest aspect of CMS web design platform keen on Joomla and Wordpress is their plug-in and section systems. This enables developers the globe to create applications designed for the individual platforms that profit the whole society. Think about of a few purpose desires to adjoin to your website and there is perhaps a plug-in designed for it! Development five. You are not unaccompanied. The CMS group of people is of the strongest in the world through immense uphold and assets to aid you along with your web development desires
6. 6. Built-in user content generation and comment. Joomla and WordPress in scrupulous include large built-in user content making and annotations features that permit users to have their state and add to content generation.
7. These recompense of CMS web design platforms have positioned them at the front position of the world wide web development trade. CMS is always step at the forefront of new web development platforms.
% / b s 0 0� ng a complete administration. Deal with outlining your site, as well as doing all the rest for you. Making an organization character, marking, web advancement and SEO are terrifically vital for any effective web business, and arranging these and different ranges is pivotal for achievement. Likewise dealing with your different business and special material, for example, handouts, blurbs, show shows, stationary, pamphlet and other advertising material. Doing the greater part of this with one organization makes facilitated techniques so that as a business and its site develops, it creates a remarkable and conspicuous brand and picture to improve its salary potential.

Client mind additionally structures a vital piece of administration. Few sites fit the same prerequisites, and few can be managed in the same way. Working with customers to suit their needs and create as their business develops furnishes them with the adaptability they require from their site to adjust to changes in their organization and business sector. Urgent to this is time. Watching out for a web engineer to upgrade a webpage when they have time can lose a lot of business. That is the reason it is best to incorporate the best substance administration frameworks to empowering clients to roll out improvements to their substance when they require it done, providing for them much better control. At that point, if there is something they need their web planners to accomplish for them, whether on the grounds that they don't have time or don't have the information, they can get them onto it straight away. Design  The last, and most vital, part of the best web creators is accessibility. It can frequently be a bad dream attempting to get hold of your web engineer. This confines a sites improvement, as well as makes poor working relations. The best sites are made because of a nearby seeing between the engineers and the organization, and being accessible to talk about and deal with a site when customers need provides for them more noteworthy control and gives the originators the best conceivable understanding of the prerequisites of a site, the vision of the organization and how it can be best convey.