Introduction to GenevaERS Open Source Project

This episode of Conversations with Kip gives an introduction to the IBM Scalable Architecture for Financial Reporting (SAFR) as it was recently contributed to the Linux Foundation’s Open Mainframe Project as the GenevaERS Project. This presentation was made at the Technical Advisor Committee Meeting on July 9th, 2020. This is Episode 228 of Conversations with Kip, the best financial system vlog there is. Literally learn more–about … Continue reading Introduction to GenevaERS Open Source Project

The Mainframe, Open Source And Renewal of Financial Systems

This week’s episode of Conversations with Kip goes more to a question of platform than I have ever discussed in my series before. This is brought on with recent experiences with the Linux Foundation’s Open Mainframe Project, and it’s first annual Summit which I am attending today and tomorrow. I have been asked to be the chair of the GenevaERS.org project. The work of starting … Continue reading The Mainframe, Open Source And Renewal of Financial Systems

z/OS on Vagrant: A Personal Mainframe

Building on other POC projects, including the short Raspberry Pi experimentation, and the longer Universal Ledger Infrastructure project, I have recently experimented with a personal mainframe system. These systems are not new developments, having been around for more than a decade. I did add one twist I think, making it run on Vagrant as a VM. Hercules z/OS VM Container “Hercules is an open source … Continue reading z/OS on Vagrant: A Personal Mainframe

Universal Ledger POC Results: Potential Infrastructure Software

In the spring of 2019 I undertook a study of potential infrastructure components that could be used to construct a Universal Ledger System. Here’s a report of that effort: Components chosen included: Vagrant Containers Scala as the Language sbt as the build tool Apache Spark as the analytical application Play Frameworks as the web server/authoring tooling The various scripts used in the video are shown … Continue reading Universal Ledger POC Results: Potential Infrastructure Software

Introduction to FPEM: Financial Period End Management

Over the last six months I’ve worked with a new vendor in the financial system space, Svayam Infoware, headed by Rakesh Kant. His platform has many of the characteristics I’ve talked about in my vlog, including: A Metric Engine Universal Ledger, and Integrated General and Sub-ledger environment. The following video gives a sense of the system in action. Context Let’s put this system into context. … Continue reading Introduction to FPEM: Financial Period End Management

Sharealedger.org: My Report to Dr. Bill McCarthy on REA Progress

Last week I was invited to be a guest lecturer to Dr. William E. McCarthy’s Michigan State University graduate students. As noted in my textbook, Balancing Act: A Practical Approach to Business Event Based Insights, in 2002 “I took a day during my family vacation to visit my alma mater, Brigham Young University. I started by looking up an article a professor had introduced me … Continue reading Sharealedger.org: My Report to Dr. Bill McCarthy on REA Progress

Pressure to Change: Conversation with Eric Denna Part 7

Today’s conversation is the last in a series with Dr. Eric Denna. In this episode Eric highlights the difficulty in changing the basic way our financial systems work, but also noting that they are ripe for disruption. He gives a couple of interesting examples from other domains, where the pressure to change was building over a long period of time, but when the changes started … Continue reading Pressure to Change: Conversation with Eric Denna Part 7