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Die Vorsysteme für Wertpapiere (K-EB),

English translation: upstream systems for securities

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Vorsysteme für Wertpapiere
English translation:upstream systems for securities
Entered by: Ralf Lemster
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19:15 May 22, 2003
German to English translations [Non-PRO]
Bus/Financial
German term or phrase: Die Vorsysteme für Wertpapiere (K-EB),
Die Vorsysteme für Wertpapiere (K-EB), stand. Derviate (R&N) und OTC-Zinsderivate (ATLAS) müssen zukünftig neben den HGB-Buchwerten keine zusätzlichen IAS-Buchwerte mitführen. Durch die oben beschriebene Stornomethode wird nur ein Buchwert je skontriertem Einzelbestand benötigt, da der IAS-Buchwert dem HGB-Buchwert entspricht.
lorna
upstream systems for securities, ...
Explanation:
"Upstream" refers to the process flow - these systems are used to capture transactions, which are eventually fed into the accounting system.

"K-EB" seems to be the name of the system - given that "R&N" is shown for derivatives. Rolfe & Nolan is one of the major accounting and clearing systems for derivatives.
Selected response from:

Ralf Lemster
Germany
Local time: 11:39
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +1upstream systems for securities, ...
Ralf Lemster


  

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2 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
upstream systems for securities, ...


Explanation:
"Upstream" refers to the process flow - these systems are used to capture transactions, which are eventually fed into the accounting system.

"K-EB" seems to be the name of the system - given that "R&N" is shown for derivatives. Rolfe & Nolan is one of the major accounting and clearing systems for derivatives.

Ralf Lemster
Germany
Local time: 11:39
Native speaker of: German
PRO pts in pair: 2684

Peer comments on this answer (and responses from the answerer)
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