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Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about? In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Adolf Berle, Franklin Delano Roosevelt’s chief theorist of the economy, imagined a society dominated by large corporations, which a newly powerful federal government had forced to become benign and stable institutions, contributing to the public good by offering stable employment and generous pensions. By the 1970s, the corporations’ large stockholders grew restive under this regime, and their chief theoretician, Harvard Business School’s Michael Jensen, insisted that firms should maximize shareholder value, whatever the consequences. Today, Silicon Valley titans such as the LinkedIn cofounder and venture capitalist Reid Hoffman hope “networks” can reknit our social fabric. Lemann interweaves these fresh and vivid profiles with a history of the Morgan Stanley investment bank from the 1930s through the financial crisis of 2008, while also tracking the rise and fall of a working-class Chicago neighborhood and the family-run car dealerships at its heart. Incisive and sweeping, Transaction Man is the definitive account of the reengineering of America—with enormous consequences for all of us.
The key to client/server computing.Transaction processing techniques are deeply ingrained in the fields ofdatabases and operating systems and are used to monitor, control and updateinformation in modern computer systems. This book will show you how large,distributed, heterogeneous computer systems can be made to work reliably.Using transactions as a unifying conceptual framework, the authors show howto build high-performance distributed systems and high-availabilityapplications with finite budgets and risk. The authors provide detailed explanations of why various problems occur aswell as practical, usable techniques for their solution. Throughout the book,examples and techniques are drawn from the most successful commercial andresearch systems. Extensive use of compilable C code fragments demonstratesthe many transaction processing algorithms presented in the book. The bookwill be valuable to anyone interested in implementing distributed systemsor client/server architectures.
Principles of Transaction Processing is a comprehensive guide to developing applications, designing systems, and evaluating engineering products. The book provides detailed discussions of the internal workings of transaction processing systems, and it discusses how these systems work and how best to utilize them. It covers the architecture of Web Application Servers and transactional communication paradigms.The book is divided into 11 chapters, which cover the following: Overview of transaction processing application and system structureSoftware abstractions found in transaction processing systemsArchitecture of multitier applications and the functions of transactional middleware and database serversQueued transaction processing and its internals, with IBM's Websphere MQ and Oracle's Stream AQ as examplesBusiness process management and its mechanismsDescription of the two-phase locking function, B-tree locking and multigranularity locking used in SQL database systems and nested transaction lockingSystem recovery and its failuresTwo-phase commit protocolComparison between the tradeoffs of replicating servers versus replication resourcesTransactional middleware products and standardsFuture trends, such as cloud computing platforms, composing scalable systems using distributed computing components, the use of flash storage to replace disks and data streams from sensor devices as a source of transaction requests. The text meets the needs of systems professionals, such as IT application programmers who construct TP applications, application analysts, and product developers. The book will also be invaluable to students and novices in application programming. - Complete revision of the classic "non mathematical" transaction processing reference for systems professionals - Updated to focus on the needs of transaction processing via the Internet-- the main focus of business data processing investments, via web application servers, SOA, and important new TP standards - Retains the practical, non-mathematical, but thorough conceptual basis of the first edition
Motivation Modem enterprises rely on database management systems (DBMS) to collect, store and manage corporate data, which is considered a strategic corporate re source. Recently, with the proliferation of personal computers and departmen tal computing, the trend has been towards the decentralization and distribution of the computing infrastructure, with autonomy and responsibility for data now residing at the departmental and workgroup level of the organization. Users want their data delivered to their desktops, allowing them to incor porate data into their personal databases, spreadsheets, word processing doc uments, and most importantly, into their daily tasks and activities. They want to be able to share their information while retaining control over its access and distribution. There are also pressures from corporate leaders who wish to use information technology as a strategic resource in offering specialized value-added services to customers. Database technology is being used to manage the data associated with corporate processes and activities. Increasingly, the data being managed are not simply formatted tables in relational databases, but all types of ob jects, including unstructured text, images, audio, and video. Thus, the database management providers are being asked to extend the capabilities of DBMS to include object-relational models as well as full object-oriented database man agement systems.
The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
"The best introduction to transaction processing systems I have ever read." - K.Torp, ACM Computing Reviews, November 1997 Principles of Transaction Processing is a clear, concise guide for anyone involved in developing applications, evaluating products, designing systems, or engineering products. This book provides an understanding of the internals of transaction processing systems, describing how they work and how best to use them. It includes the architecture of transaction processing monitors, transactional communications paradigms, and mechanisms for recovering from transaction and system failures. Use of transaction processing systems in business, industry, and government is increasing rapidly; the emergence of electronic commerce on the Internet is creating new demands. As a result, many developers are encountering transaction processing applications for the first time and need a practical explanation of techniques. Software engineers who build and market operating systems, communications systems, programming tools, and other products used in transaction processing applications will also benefit from this thorough presentation of principles. Rich with examples, it describes commercial transaction processing systems, transactional aspects of database servers, messaging systems, Internet servers, and object-oriented systems, as well as each of their subsystems. Features: Easy-to-read descriptions of fundamentals. Real world examples illustrating key points. Focuses on practical issues faced by developers. Explains most major products and standards, including IBM's CICS, IMS, and MQSeries; X/Open's XA, STDL, and TX; BEA Systems' TUXEDO; Digital's ACMS; Transarc's Encina; AT&T/NCR's TOP END; Tandem's Pathway/TS; OMG's OTS; and Microsoft's Microsoft Transaction Server.
Database Concurrency Control: Methods, Performance and Analysis is a review of developments in concurrency control methods for centralized database systems, with a quick digression into distributed databases and multicomputers, the emphasis being on performance. The main goals of Database Concurrency Control: Methods, Performance and Analysis are to succinctly specify various concurrency control methods; to describe models for evaluating the relative performance of concurrency control methods; to point out problem areas in earlier performance analyses; to introduce queuing network models to evaluate the baseline performance of transaction processing systems; to provide insights into the relative performance of transaction processing systems; to illustrate the application of basic analytic methods to the performance analysis of various concurrency control methods; to review transaction models which are intended to relieve the effect of lock contention; to provide guidelines for improving the performance of transaction processing systems due to concurrency control; and to point out areas for further investigation. This monograph should be of direct interest to computer scientists doing research on concurrency control methods for high performance transaction processing systems, designers of such systems, and professionals concerned with improving (tuning) the performance of transaction processing systems.
This book constitutes the refereed proceedings of the 24th International Symposium on Distributed Computing, DISC 2010, held in Cambridge, CT, USA, in September 2010. The 32 revised full papers, selected from 135 submissions, are presented together with 14 brief announcements of ongoing works; all of them were carefully reviewed and selected for inclusion in the book. The papers address all aspects of distributed computing, and were organized in topical sections on, transactions, shared memory services and concurrency, wireless networks, best student paper, consensus and leader election, mobile agents, computing in wireless and mobile networks, modeling issues and adversity, and self-stabilizing and graph algorithms.
Dramatic forces of change continue to sweep the financial services industry. The age of the empowered customer is here and are changing the way financial products are delivered, sold, and serviced, which are making relationships more complex than ever. The explosion of data and intense competition, which is combined with slow or inconsistent economic conditions, makes it imperative for financial institutions to find new and cost effective ways to increase market share, renew customer trust, and drive profitable growth. In this new business environment, the transaction processing arm of the industry is facing increased pressure to reduce float, better manage liquidity, and provide regulators and clients with increased transparency. At the same time, the industry must effectively manage the risks that are associated with introducing customer-focused and regionalized products and services. Financial Transaction Manager enables the management, orchestration, and monitoring of financial transactions during their processing lifecycle. Financial Transaction Manager provides the capability to integrate and unify financial transactions in various industry formats (including ISO 20022, SWIFT, NACHA, EDIFACT, ANSI X12 and others). By using Financial Transaction Manager, financial institutions gain visibility into message processing, balance financial risk, and facilitate effective performance management. This IBM® Redbooks® publication outlines how Financial Transaction Manager is deployed to realize the benefits of transaction transparency, increase business agility, and allow for innovation that is built on a robust and high-performance environment.