Business Analyst Finance Domain Sample Resume

This is just a sample Business Analyst resume for freshers as well as for experienced job seekers in Finance domain of business analyst or system analyst. While this is only a sample resume, please use this only for reference purpose, do not copy the same client names or job duties for your own purpose. Always make your own resume with genuine experience.

Name: Justin Megha


your email here.

Business Analyst, Business Systems Analyst


  • Accomplished in Business Analysis, System Analysis, Quality Analysis and Project Management with extensive experience in business products, operations and Information Technology on the capital markets space specializing in Finance such as Trading, Fixed Income, Equities, Bonds, Derivatives (Swaps, Options, etc ) and Mortgage with sound knowledge of broad range of financial instruments.
  • Over 11+ Years of proven track record as value-adding, delivery-loaded project hardened professional with hands-on expertise spanning in System Analysis, Architecting Financial applications, Data warehousing, Data Migrations, Data Processing, ERP applications, SOX Implementation and Process Compliance Projects.
  • Accomplishments in analysis of large-scale business systems, Project Charters, Business Requirement Documents, Business Overview Documents, Authoring Narrative Use Cases, Functional Specifications, and Technical Specifications, data warehousing, reporting and testing plans.
  • Expertise in creating UML based Modelling views like Activity / Use Case / Data Flow / Business Flow / Navigational Flow / Wire Frame diagrams using Rational Products & MS Visio.
  • Proficient as long time liaison between business and technology with competence in Full Life Cycle of System (SLC) development with Waterfall, Agile, RUP methodology, IT Auditing and SOX Concepts as well as broad cross-functional experiences leveraging multiple frameworks.
  • Extensively worked with the On-site and Off-shore Quality Assurance Groups by assisting the QA team to perform Black Box / GUI testing / Functionality / Regression / System / Unit / Stress / Performance / UAT's.
  • Facilitated change management across entire process from project conceptualization to testing through project delivery, Software Development & Implementation Management in diverse business & technical environments, with demonstrated leadership abilities.


  • Post Graduate Diploma (in Business Administration) , USA
  • Master's Degree (in Computer Applications) ,
  • Bachelor's Degree (in Commerce),


Documentation Tools UML, MS Office (Word , Excel, Power Point, Project), MS Visio, Erwin

SDLC Methodologies Waterfall, Iterative, Rational Unified Process (RUP), Spiral, Agile

Modeling Tools UML, MS Visio, Erwin , Power Designer, Metastrom Provision

Reporting Tools Business Objects X IR2, Crystal Reports, MS Office Suite

QA Tools Quality Center, Test Director, Win Runner, Load Runner, QTP, Rational Requisite Pro, Bugzilla, Clear Quest

Languages Java, VB, SQL, HTML , XML, UML, ASP, JSP

Databases & OS MS SQL Server, Oracle 10g, DB2, MS Access on Windows XP / 2000, Unix

Version Control Rational Clear Case, Visual Source Safe


SERVICE MASTER, Memphis, TN June 08 – Till Date

Senior Business Analyst

Terminix has approximately 800 customer service agents that reside in our branches in addition to approximately 150 agents in a centralized call center in Memphis, TN. Terminix customer service agents receive approximately 25 million calls from customers each year. Many of these customer's questions are not answered or their problems are not resolved on the first call. Currently these agents use an AS / 400 based custom developed system called Mission to answer customer inquiries into branches and the Customer Communication Center. Mission – Terminix's operation system – provides functionality for sales, field service (routing & scheduling, work order management), accounts receivable, and payroll. This system is designed modularly and is difficult to navigate for customer service agents needing to assist the customer quickly and knowledgeably. The amount of effort and time needed to train a customer service representative using the Mission system is high. This combined with low agent and customer retention is costly.

Customer Service Console enables Customer Service Associates to provide consistent, enhanced service experience, support to the Customers across the Organization. CSC is aimed at providing easy navigation, easy learning process, reduced call time and first call resolution.


  • Assisted in creating Project Plan, Road Map. Designed Requirements Planning and Management document.
  • Performed Enterprise Analysis and actively participated in buying Tool Licenses.
  • Identified subject-matter experts and drove the requirements gathering process through approval of the documents that convey their needs to management, developers, and quality assurance team.
  • Performed technical project consultation, initiation, collection and documentation of client business and functional requirements, solution alternatives, functional design, testing and implementation support.
  • Requirements Elicitation, Analysis, Communication, and Validation according to Six Sigma Standards.
  • Captured Business Process Flows and Reengineered Process to achieve maximum outputs.
  • Captured As-Is Process, designed TO-BE Process and performed Gap Analysis
  • Developed and updated functional use cases and conducted business process modeling (PROVISION) to explain business requirements to development and QA teams.
  • Created Business Requirements Documents, Functional and Software Requirements Specification Documents.
  • Performed Requirements Elicitation through Use Cases, one to one meetings, Affinity Exercises, SIPOC's.
  • Gathered and documented Use Cases, Business Rules, created and maintained Requirements / Test Traceability Matrices.

Client: The Dun & Bradstreet Corporation, Parsippany, NJ May '2007 – Oct' 2007

Profile: Sr. Financial Business Analyst / Systems Analyst.

Project Profile (1): D & B is the world's leading source of commercial information and insight on businesses. The Point of Arrival Project and the Data Maintenance (DM) Project are the future applications of the company that the company would transit into, providing an effective method & efficient report generation system for D & B's clients to be able purchase reports about companies they are trying to do business.

Project Profile (2): The overall purpose of this project was building a Self Awareness System (SAS) for the business community for buying SAS products and a Payment system was built for SAS. The system would provide certain combination of products (reports) for Self Monitoring report as a foundation for managing a company's credit.


  • Conducted GAP Analysis and documented the current state and future state, after understanding the Vision from the Business Group and the Technology Group.
  • Conducted interviews with Process Owners, Administrators and Functional Heads to gather audit-related information and facilitated meetings to explain the impacts and effects of SOX compliance.
  • Played an active and lead role in gathering, analyzing and documenting the Business Requirements, the business rules and Technical Requirements from the Business Group and the Technological Group.
  • Co – Authored and prepared Graphical depictions of Narrative Use Cases, created UML Models such as Use Case Diagrams, Activity Diagrams and Flow Diagrams using MS Visio throughout the Agile methodology
  • Documented the Business Requirement Document to get a better understanding of client's business processes of both the projects using the Agile methodology.
  • Facilitating JRP and JAD sessions, brain storming sessions with the Business Group and the Technology Group.
  • Documented the Requirement traceability matrix (RTM) and conducted UML Modelling such as creating Activity Diagrams, Flow Diagrams using MS Visio. Analysed test data to detect significant findings and recommended corrective measures
  • Co-Managed the Change Control process for the entire project as a whole by facilitating group meetings, one-on-one interview sessions and email correspondence with work stream owners to discuss the impact of Change Request on the project.
  • Worked with the Project Lead in setting realistic project expectations and in evaluating the impact of changes on the organization and plans accordingly and conducted project related presentations.
  • Co-oordinated with the off shore QA Team members to explain and develop the Test Plans, Test cases, Test and Evaluation strategy and methods for unit testing, functional testing and usability testing

Environment: Windows XP / 2000, SOX , Sharepoint, SQL, MS Visio, Oracle, MS Office Suite, Mercury ITG, Mercury Quality Center, XML, XHTML, Java, J2EE.

GATEWAY COMPUTERS, Irvine, CA, Jan 06 – Mar 07

Business Analyst

At Gateway, a Leading Computer, Laptop and Accessory Manufacturer, was involved in two projects,

Order Capture Application: Objective of this Project is to Develop Various Mediums of Sales with a Centralized Catalog. This project involves wide exposure towards Requirement Analysis, Creating, Executing and Maintaining of Test plans and Test Cases. Mentored and trained staff about Tech Guide & Company Standards; Gateway reporting system: was developed with Business Objects running against Oracle data warehouse with Sales, Inventory, and HR Data Marts. This DW serves the different needs of Sales Personnel and Management. Involved in the development of it utilized Full Client reports and Web Intelligence to deliver analytics to the Contract Administration group and Pricing groups. Reporting data mart included Wholesaler Sales, Contract Sales and Rebates data.


  • Product Manager for Enterprise Level Order Entry Systems – Phone, B2B, and Cataloging System.
  • Modeled the Sales Order Entry process to eliminate bottleneck process steps using ERWIN.
  • Adhered and practiced RUP for implementing software development life cycle.
  • Gathered Requirements from different sources like Stakeholders, Documentation, Corporate Goals, Existing Systems, and Subject Matter Experts by conducting Workshops, Interviews, Use Cases, Prototypes, Reading Documents, Market Analysis, Observations
  • Created Functional Requirement Specification documents – which include UMLUse case diagrams, Scenarios, activity, work Flow diagrams and data mapping. Process and Data modeling with MS VISIO.
  • Worked with Technical Team to create Business Services (Web Services) that Application could leverage using SOA, to create System Architecture and CDM for common order platform.
  • Designed Payment Authorization (Credit Card, Net Terms, and Pay Pal) for the transaction / order entry systems.
  • Implemented A / B Testing, Customer Feedback Functionality to
  • Worked with the DW, ETL teams to create Order entry systems Business Objects reports. (Full Client, Web I)
  • Worked in a cross functional team of Business, Architects and Developers to implement new features.
  • Program Managed Enterprise Order Entry Systems – Development and Deployment Schedule.
  • Developed and maintained User Manuals, Application Documentation Manual, on Share Point tool.
  • Created Test Plansand Test Strategies to define the Objective and Approach of testing.
  • Used Quality Center to track and report system defects and bug fixes. Written modification requests for the bugs in the application and helped developers to track and resolve the problems.
  • Developed and Executed Manual, Automated Functional, GUI, Regression, UAT Test cases using QTP.
  • Gathered, documented and executed Requirements-based, Business process (workflow / user scenario), Data driven test cases for User Acceptance Testing.
  • Created Test Matrix, Used Quality Center for Test Management, track & report system defects and bug fixes.
  • Performed Load, stress Testing's & Analyzed Performance, Response Times. Designed approach, developed visual scripts in order to test client & server side performance under various conditions to identify bottlenecks.
  • Created / developed SQL Queries (TOAD) with several parameters for Backend / DB testing
  • Conducted meetings for project status, issue identification, and parent task review, Progress Reporting.


Business Analyst

The primary objective of this project is to replace the existing Internal Facing Client / Server Applications with a Web enabled Application System, which can be used across all the Business Channels. This project involves wide exposure towards Requirement Analysis, Creating, Executing and Maintaining of Test plans and Test Cases. Demands understanding and testing of Data Warehouse and Data Marts, thorough knowledge of ETL and Reporting, Enhancement of the Legacy System covered all of the business requirements related to Valuations from maintaining the panel of appraisers to ordering, receiving, and reviewing the valuations.


  • Gathered Analyzed, Validated, and Managed and documented the stated Requirements. Interacted with users for verifying requirements, managing change control process, updating existing documentation.
  • Created Functional Requirement Specification documents – that include UML Use case diagrams, scenarios, activity diagrams and data mapping. Provided End User Consulting on Functionality and Business Process.
  • Acted as a client liaison to review priorities and manage the overall client queue. Provided consultation services to clients, technicians and internal departments on basic to intricate functions of the applications.
  • Identified business directions & objectives that may influence the required data and application architectures.
  • Defined, prioritized business requirements, Determine which business subject areas provide the most needed information; prioritize and sequence implementation projects accordingly.
  • Provide relevant test scenarios for the testing team. Work with test team to develop system integration test scripts and ensure the testing results correspond to the business expectations.
  • Used Test Director, QTP, Load Runner for Test management, Functional, GUI, Performance, Stress Testing
  • Perform Data Validation, Data Integration and Backend / DB testing using SQL Queries manually.
  • Created Test input requirements and prepared the test data for data driven testing.
  • Mentored, trained staff about Tech Guide & Company Standards. Set-up and Coordinate Onsite offshore teams, Conduct Knowledge Transfer sessions to the offshore team.

Lloyds Bank, UK Aug 03 – Sept 04
Business Analyst
Lloyds TSB is leader in Business, Personal and Corporate Banking. Noted financial provider for millions of customers with the financial resources to meet and manage their credit needs and to achieve their financial goals. The Project involves an applicant Information System, Loan Appraisal and Loan Sanction, Legal, Disbursements, Accounts, MIS and Report Modules of a Housing Finance System and Enhancements for their Internet Banking.


  • Translated stakeholder requirements into various documentation deliverables such as functional specifications, use cases, workflow / process diagrams, data flow / data model diagrams.
  • Produced functional specifications and led weekly meetings with developers and business units to discuss outstanding technical issues and deadlines that had to be met.
  • Coordinated project activities between clients and internal groups and information technology, including project portfolio management and project pipeline planning.
  • Provided functional expertise to developers during the technical design and construction phases of the project.
    • Documented and analyzed business workflows and processes. Present the studies to the client for approval
    • Participated in Universe development – planning, designing, Building, distribution, and maintenance phases.
    • Designed and developed Universes by defining Joins, Cardinalities between the tables.
      • Created UML use case, activity diagrams for the interaction between report analyst and the reporting systems.
      • Successfully implemented BPR and achieved improved Performance, Reduced Time and Cost.
      • Developed test plans and scripts; performed client testing for routine to complex processes to ensure proper system functioning.
      • Worked closely with UAT Testers and End Users during system validation, User Acceptance Testing to expose functionality / business logic problems that unit testing and system testing have missed out.
        • Participated in Integration, System, Regression, Performance, and UAT – Using TD, WR, Load Runner
        • Participated in defect review meetings with the team members. Worked closely with the project manager to record, track, prioritize and close bugs. Used CVS to maintain versions between various stages of SDLC.

Client: AG Edwards, St. Louis, MO May '2005 – Feb ' 2006

Profile: Sr. Business Analyst / System Analyst

Project Profile: AG Edwards is a full service Trading based brokerage firm in Internet-based futures, options and forex brokerage. This site allows Users (Financial Representative) to trade online. The main features of this site were: Users can open new account online to trade equitiies, bonds, derivatives and forex with the Trading system using DTCC's applications as a Clearing House agent. The user will get real-time streaming quotes for the currency pairs they selected, their current position in the forex market, summary of work orders, payments and current money balances, P & L Accounts and available trading power, all continuously updating in real time via live quotes. The site also facilitates users to Place, Change and Cancel an Entry Order, Placing a Market Order, Place / Modify / Delete / Close a Stop Loss Limit on an Open Position.


  • Gathered Business requirements pertaining to Trading, equities and Fixed Incomes like bonds, converted the same into functional requirements by implementing the RUP methodology and authored the same in Business Requirement Document (BRD).
  • Designed and developed all Narrative Use Cases and conducted UML modeling like created Use Case Diagrams, Process Flow Diagrams and Activity Diagrams MS Visio using.
  • Implemented the entire Rational Unified Process (RUP) methodology of application development with its various workflows, artifacts and activities. Developed business process models in RUP to document existing and future business processes. Established a business Analysis methodology around the Rational Unified Process.
  • Analyzed user requirements, attended Change Request meetings to document changes and implemented procedures to test changes.
  • Assisted in developing project timelines / deliverables / strategies for effective project management.
  • Evaluated existing practices of storing and handling important financial data for compliance.
  • Involved in developing the test strategy and assisted in developed Test scenarios, test conditions and test cases
  • Partnered with the technical areas in the research, resolution of system and User Acceptance Testing (UAT).

Environment: Windows XP / 2000 / NT , SOX, MS Office Suite, SQL, MS SQL Server, XML, HTML, Java, J2EE, JSP, Oracle, WinRunner, Test Director

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Apiary Fund Review – Is It For Real?

With the investment prospects projected by the Apiary Investment Fund seeming too sweet to be true, there can only be one question, "Is there an Apiary Fund Review that can objectively outline why this fund is not a scam?" It is a popular fact; the money markets have been the worst hit by fraudulent scams and unsustainable pyramid schemes. A considerable percentage of the investment funds making rounds online are not only suspect but intentionally fraudulent. This poses the question, is the Apiary Fund an exception?

As will be outlined in this Review, it is only a genuine investment fund that provides funds to its traders at no charge irrespective of any losses incurred. Well, the Apiary investment Fund is based on a very noble investment model which provides learning and investing platform for all interested parties despite their academic or professional background. This model is a replica of an international Chinese firm that would train people from all backgrounds to manage their money, rather than those just with financial academic qualifications.

Why Invest in the Apiary Fund?

This fund, besides providing training to trade professionally, also gives live funded accounts for trading. It is certainly a modern investment setup, new but tested! The big question that anyone would definitely be looking for an answer from any Apiary Fund Review would be how sustainable the fund is. It's as simple as this: it's a win-win situation. On one hand, the trader learns a new skill to add a new source of income while the Apiary fund on the other hand gains a new trader to diversify the fund's risk and grow steadily.

Get Paid to Trade

It's often a word that has been misused by online con masters who are out to swindle unsuspecting clients off their earnings. The Apiary fund, after taking you through a requisite 3 month training program, is ready to have you enjoy the fruits of your persistence. The mandatory Apiary Trade Development Program offers the learner key skills in money management and forex trading at a cost of $ 997. It is worth mentioning in this Apiary Fund Review that once you meet the goals of your virtual account, you will have the chance to trade a live funded account. You will start off with an account worth $ 2,500 and enjoy 60% of any profits you generate. Remember, you will not be required to deposit any risk fund.

How Easy is it to Make Profits?

Any objective review will outline the fact that the Apiary Fund, being a proprietary trading fund, involves managing the various trading risks by adopting a diversified approach to investment. The community of traders works together with each trader employing their unique strategy to grow their account. The fund then shares a large portion of the profits with its traders ensuring that both the fund and the trader's incentives are in complete alignment. Through practice with your virtual account you should have gained sufficient knowledge to know to control your stop losses.

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Mutual Understanding: What Is It and What Is It Not?

Ever felt an unexplained emotion for a certain person? An emotion that can not really be explained towards them though you are not in a love relationship with the person. I bet everyone have experienced such feeling. The feeling that brings tickles to the bones. Such feeling is called mutual understanding. It is an emotional state or an assumption, wherein two individuals feel fondness for each other, enjoy each other's company, inspire each other, please each other and share similar view points but has no real commitment for each other. The feeling may be unforeseen, anticipated and may be nurtured in the long run. It arises when an individual discovers common traits and interests with the other.

There exists a certain degree of affinity between two individuals which are in the state of mutual understanding. One gets to be correspondingly affected by anything that happens to the other. It is an affinity that none of these people would confirm probably because a bashful impression that exist between the two. Both may be reluctant to admit the feelings that they have for each other for fear and for several other reasons which may include the thought that one may grow uncomfortable with the other. Moreover, they would not even confirm their feelings with their friends or company when they are asked.

The involved individuals may or may not necessarily formalize their relationship. Some allow the feeling to nourish for some time until they see it appropriate to commit. It can wither away if the individuals get separated for some time or may lead to a deeper commitment. Individuals find this feeling titillating. Both are in for a surprise of what will happen next or where will the fondness of each other take them.

Surprisingly, mutual understanding does not necessarily entail love according to some psychologists. You may show care and sympathy to the person you are mutually connected but may not mean you are in love with each other. As such this can sometimes be the reason why the feeling is informal.

Furthermore, the concept does not only refer to a girl or a boy relationship. It can also be socio-political in nature to describe the relations of nations in the international community and the agreement of persons regarding decisions, policies and programs.

Regardless, people find the concept interesting and amazing when it is used to describe a boy and girl relationships.

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Differences Between Home Trade And Foreign Trade Along With Their Complexities

Without trade, it is impossible for raw materials to reach the manufacturers either at home or abroad and for the finished goods to reach the final consumer because there will no one to arrange for their transfer. In simple words, home trade takes places within a country where as in foreign trade; goods are exported out of the country. Surely there are some complexities which a trader has to face in both the home trade and foreign trade.

Higher cost of transport and insurance owing to longer distances between markets

In home trade, goods are moved from one part of a country to another. Usually, it is not necessary to move the goods over large stretches of water, unless of course it is a nation made up many islands like Indonesia and Philippines. Sometimes, it may be necessary to use rivers. Thus, the usual mode is by road, rail, river or canals. Normally, the distance travelled is shorter than foreign trade. In foreign trade, goods travel a greater distance, sometimes overseas. This means higher transport as well as storage costs and insurance costs due to increased risks. The usual mode of transport for goods in foreign trade is by sea or air.

National Boundaries

Home trade takes place within a single political entity where there is uniformity in the banking, legal and fiscal systems. Foreign trade takes places when people from different political entities who do not share the same banking, legal and fiscal systems. Each nation would normally act in its own self-interest.

Custom duties, quotas and more complex documentation

When goods move across safe boundaries within a country, they are not subject to customs duties or quotas. However, they may be subject to excise duties. When goods are moved across national boundaries as in foreign trade, they are liable to custom duties, quota restrictions and exchange control restrictions. Details of the exports and imports would have to be declared in the customs declaration forms. They will then have to be verified by means of documents such as consular invoice, certificate of origin, bill of lading, etc. the goods will also have to be packed and marked in accordance with the customs requirements of the importing countries concerned. Finally the goods will have to be cleared by the customs and arrangements will have to be made to store them in bonded warehouses. As a whole, these are not such very serious complexities if one has decided to trade.

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Thinking of Starting Up Your Own Bank Or Financial Institution?

Bank Ownership Offshore

Offshore bank ownership solutions include a New Zealand Finance Company, an EU Registered Trust Company, a Panama registered Forex Brokerage, or a Closed End Fund registered in the British Virgin Islands.

Each of these bank ownership solutions can be set up in tax advantaged manner in tax advantaged jurisdictions.

It is possible to set up a tax advantaged banking solution and to be able to offer traditional banking services including the provision of checking and savings accounts, certificates of deposit, trust account services, wire transfer services, credit and debit card services, and trust account services.

The rules and regulations vary front one jurisdiction to another. However, it is perfectly legal to set up an offshore banking solution in any of several jurisdictions world wide, taking advantage of the laws of that country. In general, it is possible to find jurisdictions when one does not to provide the capital reserves required of a traditional bank in the same country.

Not All Offshore Banking Solutions Are the Same

If you are considering banking offshore talk to an offshore expert because not all offshore banking solutions are the same.

The world is full of decent offshore banking solutions and there are a handful of exceptional offshore banking solutions. Why not go with the best and most professional choices?

You should work out the best offshore banking solution in your choice of jurisdictions. Offshore shore banking in tax advantaged jurisdictions can save you money. Offshore banking can be very discrete in an increasingly intrusive world. Offshore banking can be safe and profitable.

An offshore banking solution should save you money, guard your privacy, and protect your assets.

Offshore Banking Solutions: Closed End Funds

One of the many offshore banking / financial institution options is to start and run you own closed end hedge fund. An offshore expert can help you explore the opportunities involved in such an investment and its relevance to your personal needs.

An offshore closed end fund option is in the British Virgin Islands. Such a fund invests pooled assets, charges management fees, and, typically, receives performance fees on profits.

The British Virgin Islands are a tax advantaged jurisdiction for such an institution. Reporting requirements and the attendant overhead are minimal in the British Virgin Islands helping to hold costs down.

Such a fund can engage in investments and trading world wide without excessive reporting requirements to local institutions. This is a tax advantaged location. You can seek advice about the pros and cons of starting a British Virgin Islands registered closed end fund. It is also possible to obtain the technical support required to successfully run a closed end fund in the British Virgin Islands.

A closed end fund can be a very successful undertaking if properly set up and managed in a tax advantaged, low overhead location.

Offshore Banking Solutions: Forex Brokerage

An attractive offshore banking / finance option is to set up a Forex brokerage in the country of Panama. This is a tax advantaged jurisdiction with minimal overhead from reporting requirements in its jurisdiction.

There is a several opportunities offered by setting up a Forex brokerage in the Republic of Panama. If property set up and managed a Forex brokerage in Panama can be a profitable undertaking in a tax advantaged jurisdiction with a low overhead as relates to reporting requirements in Panama.

Panama has an advanced telecommunications infrastructure sufficient to support active trading as done by the brokerage houses and individual traders working out of Panama. The expertise and infrastructure knowledge needed for a successful Forex brokerage business is something the investor will need to bring to the table. You can be provided the advice and council to successfully register and set up business in this offshore location.

You should seek advice about the pros and cons of incorporating in Panama as an offshore corporation. This is a tax advantaged location and if property set up and managed can offer a substantial overhead reduction as relates to local reporting requirements.

Offshore Banking Solutions: Trust Company

An attractive offshore banking / finance solution is a trust company registered in the European Union. You should ask about the advantages of registering the company in the EU while accounts are held and administered in a tax advantaged offshore location. This is traditionally a service of large banks but can be provided from a tax advantaged offshore jurisdiction as an offshore banking solution available to investors.

If properly set up and managed, such a trust company can act as a legal trustee for clients throughout the world. Such a company can be set up with the capability to wire monies worldwide and can offer debit cards for account holders. Talk to an offshore advisor about the opportunities offered by acting as a trustee to a world wide client base using an EU and other offshore solution.

As with all offshore solutions, seek competent, trustworthy council in setting up the business entity. Talk about your goals and business risk tolerance. You will get help to evaluate and set up this or any other offshore banking solution in tax advantage locations with low reporting overhead.

Who Sets Up Offshore Banks and Why?

Banks set up offshore banks as do corporations, groups of companies, and groups of investors. The formation of an offshore can be extremely tax advantaged for the investment, corporate, or banking group. In the right location the cost of business can be significantly less than in the countries of origin of the bank shareholders.

Setting up a bank allows the entities mentioned above to profit from their own banking needs and profit from selling banking services to others. The tax advantages of offshore locations as well as well packaged services such as trust accounts, international credit and debit cards, savings and checking accounts, loan services if well merchandized can attract business and provide a profit over and above the savings that the offshore bank can provide its shareholders.

Seek advise about use of an offshore bank for your business and ownership of your own offshore bank alone or with partners. Talk to an offshore advisor about locations and options in creating your own offshore banking ownership solution.

As with all business ventures good planning, competent council and careful follow through will lead to the best results.

Why a New Zealand Finance Company?

The country of New Zealand allows one to set up a credit union, building society, or finance company as well as a registered bank in its jurisdiction. Why would one choose to form a New Zealand Finance Company ?.

Each situation is unique, each jurisdiction, each individual. You will get help with an appraisal of the needs of the investor and the opportunities in the jurisdiction. An opportunity that presents itself in New Zealand is that a New Zealand Finance Company can be set up and managed without the substantial reserves required of a standard bank. Also, such an entity can be set up to reduce paperwork by not requiring the supervision of the New Zealand Federal Reserve Bank.

Despite the ease of operation of this opportunity and potential for a low cost of entry such an entity can offer a full range of banking services to offshore customers, including checking and savings accounts, credit card services, and investment marketing.

In general, the ease of operation and freedom from red tape involved in a New Zealand Finance Company comes with offering services only off clients offshore from New Zealand.

A New Zealand Finance Company might be what you are looking for. A refreshing and low cost alternative to a fully licensed bank.

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Forex Mafioso Review – Is This Forex Trading Software System a Scam?

Are you searching for a Forex Mafioso review? This is one of the automated trading software programs that have become more and more popular today. These auto trading robots claim that they can help their users make hundreds, even thousands of dollars per day on autopilot. Are such claims legitimate, or is Forex Mafioso actually a scam? I decided to download this robot to find out for myself how it works.

1. What Can The Automated Forex Mafioso Software Do?

This automated trading robot is able to detect trends in the currency pairs of the currency market by using a form of analysis called technical analysis. This form of trading is a fairly accurate way to trade the Forex market, and the Forex Mafioso software is able help traders do all this analysis automatically.

2. How Does Forex Mafioso Trade Automatically?

The software has a series of mathematical algorithms coded into it. Therefore, it is able to capture all price movements in real-time and use its internally programmed trading system to determine if a trend is indeed forming. Once the robot has identified a profit opportunity, it can open trades for you automatically and help you sell your position when the trend starts to reverse.

3. Can You Really Trust The Forex Mafioso With Your Money?

After putting this trading robot to the test on a demo account to conduct forward testing, I have found that it is indeed able to produce the smooth equity curve that you see on its back-test results (which you can find at the main website of Forex Mafioso). The robot will aim to make small consistent profits while keeping risks low by exiting trades when the price is showing signs of reversal.

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The Business Of Health Care – Managing Your Private Practice: Dr Hlombe Makuluma

In the Garden of Eden, during the fall of man, God asked Adam: "Have you eaten of the tree of which I commanded you not to eat?" Adam answered by blaming his wife, Eve. And when God asked the woman: "What is this that you have done?" Eve responded by blaming the serpent. Man's inability to take responsibility for his wrongs, it seems, was embedded in his genetic makeup from the beginning of time.

In my twenty-five years in private practice, there has been plenty of serpents to blame for my personal and business woes. I was never short of excuses for my failures, shielding myself in the process from my inadequacies. I had also witnessed dozens of colleagues abandoning the medical profession, driven to other fields, and hiding behind similar excuses to mine for their failure.

Some had gone on to thrive in their newly found occupations, but for others, disappointment stalked the rest of their professional lives. For the latter, I am certain no other question tormented them more than: What does it take to win? What does it take to get things right in their floundering medical practises?

Winning in business is a seminal objective since success extends beyond the individual. Not only do our health practises prosper but also our families, children and marriages win. Winning at work can lead to being a champion at home. If for anything else then, that is why the message contained in Dr. Makuluma's compelling and riveting book is vital. Inspired by his own experience, and profoundly stirred by the doom he witnessed in private practice, the author's sublime 'project' reminds us that success, and indeed failure in health care practice, is often not by accident.

Success, he tells us, is a choice. When we run a race, we should do so with the mind of a champion: and that is do so with a plan to win and not surrender to the myriad business setbacks endemic in the medical profession.

In "The Business of Health Care" Dr. Makuluma gives us his blueprint-a strategy which when properly executed would eliminate flaws in private health practice, unravel the mystery behind success, and lead to victory. The genius of his plan is the sheer simplicity of its precepts. The author readily confronts the complexities of running a medical practice with carefully thought out principles, and with also simple but deliberate language.

From the outset, he jolts the reader with invaluable advice: The key to successfully operate a health practice is to be financially literate. This is the "basic formula", he writes, for operating any business. On the surface this observation is obvious, and yet it remains the cardinal reason for the failure of many health practises.

It has also been stated repeatedly in several different ways throughout the ages. "A fool and his money are soon parted": goes the old adage. "The men who can manage men manage the men who can manage things, and the men who can manage money, manage all." _Will And Ariel Durant, The Lesson of History.

In my practice, I never saw my role extending beyond my skills as a surgeon. My energies were continually sapped by improving my surgical skills. My relationship with my practice as a business, was at best lukewarm. I had, more than most, put in the long hours at work, but I had failed to grasp the very simple notion that I was a 'health practitioner running a business,' as the author so aptly and eloquently puts it.

As with the unprofitable servant in the biblical parable of talents, my thoughts on money were restricted to the fear of losing it, than in making it. When it came to wealth, and its creation, my mind mostly saw limitations rather than possibilities. Hardship was consequently the fingerprint of my practice, and financial ignorance was engraved in its soul. My professional life was a narrative of unfulfilled dreams.

The Business of Health Care is the strategic omnibus that will undoubtedly carry the modern medical practitioners into the future. It is a well-written and well-researched book, and is destined to be the bible for all doctors going into private practice. In it, Dr. Makuluma, takes us by the hand and offers the treasures and tools of running a successful practise in the twenty-first century.

The author's 'project' is a priceless gift to health practitioners. It is an august framework for success, underpinned by the supremacy of design. Dr. Makuluma provides the implements not just to manage a business, but also to manage life.

After reading the book, it is as if one has suddenly woken up from a nightmare. It is difficult to suppress the indignation at the harm which ignorance has wrought upon our venerable profession. But, now doubt has been supplanted with optimism. One now approaches every day at work, and every challenge, with renewed hopes and sense of purpose.

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9 Reasons Why Business Owners Should Go for PHP Web Development Services

Business – small or large – now flourishes online. This has called for website development that can offer a dynamic interface. To stay on the top in search engine ranks, websites have to change their content (graphics, videos, text and more) frequently. From static to dynamic, websites have now come of age, thanks to PHP web development services offered by PHP developers and programmers.

PHP first appeared in 1995 and since then, it has garnered tremendous popularity. Probably the fact that Harvard University and Facebook have been developed on PHP has shot up its popularity and credibility. A PHP development company prefers this server-side scripting language because websites can be maintained easily.

Let us now check why business owners should opt for PHP web development services for their websites.

1. It is FREE!

This is the biggest advantage for any business. PHP is an open source. All you need to do is hire web developers, who possess extraordinary skill in languages ‚Äč‚Äčlike C and Java. They can do wonders for your website and consequently, your business.

2. Better Returns

Any businessman would expect high returns on investment. In a highly competitive business environment, you need to capture the attention of visitors; once they regularly visit your websites, you need to convert them from visitors to customers. Since PHP offers dynamic website creation, you get more visitors on your website. This means high returns on your investment.

3. Huge Supply

There is a striking balance between demand and supply of PHP web developers. PHP web development is in great demand so is the supply of PHP developers. If you want to hire web developers, who are expert in PHP, you can easily hire them from a large community. Similarly, for PHP developers, there is huge opportunity to get hired or work as a freelancer.

4. Quick Development

A website developed on PHP does not prove a burden on the server. Since PHP uses its own memory space, it reduces the loading time. It processes everything fast and therefore, web applications like e-commerce, CRM, CMS, and forums are developed on PHP.

5. Measurable Results

You can easily measure results of your marketing campaigns with multiple extensions offered by PHP. Your PHP developer can show you results, which are measurable. You can easily calculate your ROI, which gives you an edge over your competitors.

6. Support

If you have a basic knowledge of PHP, you can easily enhance your knowledge with the help of guidelines and references available online. Have a chat with support groups, ask questions on forums and contact PHP support teams on the Internet. Moreover, you have full access to the online library to gain more knowledge on PHP web development services . And remember, this support is available in different languages.

7. Security

The online world has one major drawback: virus and malware. PHP gives you multiple layers of security for your website so you can easily protect your website against malicious attacks and virus threats.

8. Tried, Tested, and Trusted

As mentioned earlier, PHP has been used since 1995 and thousands of websites have been developed on this platform. And the biggest testimony can come from Mark Zuckerberg. You can blindly trust this platform if you are hiring any PHP Development Company.

9. Supports All Major Web Browsers

There can be millions of users browsing your website, and they may be using different web browsers. PHP supports all major web browsers like Windows, MacOS, Linux or UNIX.

The above-mentioned reasons are enough to convince any businessman that s / he go for PHP web development services for his / her new or established business.

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How To Trade The Overbought And Oversold Commodity Channel Index Like a Pro?

What is the commodity channel index indicator?

The commodity channel index is a momentum indicator developed by Donald Lambert. It reveals the moment when a new trend begins and highlights overbought and oversold conditions. It measures the current price relative to a moving average and oscillates between +100 and -100. Theoretically, the market is overbought when the CCI is above +100 and it is oversold when the CCI is below the -100 level. Please note that theory and reality are not always the same. Quite often, the commodity channel will duplicate or will accurately reflect the price's movement. Nevertheless, it is common to notice divergence between the CCI indicator and the price. This divergence comes in the form of fake divergences and valid divergences. All valid signals are validated by the price. The CCI is also a leading indicator, but one must know how to use a leading indicator in order to avoid sour disappointments.

After careful observation of this magnificent indicator, we have noticed, shocking resemblances between the commodity channel index and the humble "Bollinger bands". Bollinger bands are trading tools created by John Bollinger in 1980 to highlight the dynamism of volatility. The bands include one middle band as well as two outer bands that deviate from the middle band. Traders use standard deviation plus and minus two when plotting the "Bollinger bands". Similarly, the CCI indicator consists of one middle band (zero level) and two outer bands. The upper band is the +100 level and the lower band is the -100 level. It is obvious that the CCI indicator is seeking to play the role of the price within a Bollinger. When one substitutes the price for the CCI indicator and moves the "Bollinger bands" to the outer +100 and -100 levels, there is no doubts that the Bollinger bands and the CCI indicator become perfect substitutes for each other.

After these clarifications, we can efficiently use the commodity channel index (CCI) indicator. Please note that when the CCI period 14 is above +100, the price is usually at the upper band of the Bollinger 14, volatility two; when the CCI period 14 is below the -100 level, the price will usually be at the lower band of Bollinger 14, volatility two. When the CCI period 14 is at the middle line, the price, in most cases, is at the middle line of the "Bollinger bands" 14, volatility two. When we compare the CCI period 50 to the Bollinger (50,2) and the CCI period 20 to the Bollinger (20,2), we find that there are many overt similarities between the Bollinger bands and the commodity channel index indicator. To compare the Bollinger bands to the CCI indicator, one must use the exponential moving average settings for the Bollinger bands. These settings are crucial. Both the CCI indicator and the "Bollinger bands" must have the same period before a valid comparison can take place. Divergences do take place. For instance, when the price is still at the upper band of the Bollinger (20,2) but the corresponding CCI period 20 has pulled back near the middle line (zero), there is a high probability but not a certainty that the price may also pull back to the EMA20. If the price is still at the lower band of the Bollinger (20,2) but the CCI 20 rallies up to the middle line (zero), the price, under normal conditions, will rally up to the EMA20. One can note the same observation when using the commodity channel index (CCI) period 50 and the "Bollinger bands" (50,2). Please note that the "TSTW24" uses the Bollinger (50,2). It is important to remember that the price is the number one indicator, because we are trading the price, not the commodity channel index itself. All valid signals received or derived from the CCI indicator are validated by the price. A signal is one thing, but the entry point is the key.

Trading the overbought and oversold CCI like a pro.

No indicators, either leading or lagging, will ever completely replace the price. Never ever forget that. We are trading the price, not the indicators. One should not seek to complicate trading but to simplify it. When the commodity channel index (CCI) indicator is overbought above the +100 level, many traders will quickly place orders to sell without further verification. These are traders who trade the indicator, not the price, and they will go from one trading system to another trading system and blame their lack of success on everything except themselves. Trading the indicators instead of the price is one major cause of consistent losing trades. The CCI is often overbought right from the beginning of a new up trend or during the third "Elliott wave". While the educated traders are busy placing orders to buy, ordinary traders are selling and losing abundantly because they fail to recognize that a resistance is broken and validated as a support level, while the CCI is still overbought. Either that, or they did not recognize that a trend line has been broken and, retested and that the price has turned around. When the CCI indicator is overbought, it is alerting traders that, bullish momentum has increased and that the price is in a resistance zone (overbought), period. It does not mean that you should sell or waste your money. Traders must highlight the indicated resistance zone and follow the price. If the resistance is broken and the price finds support above the resistance zone, traders should buy even though the CCI is still overbought. Below are some simple trading rules that, one can follow.

Anytime a signal is given, acknowledge the signal.

Do not enter the trade too quickly; instead, keep your eyes wide open.

Ask the two most important questions: "Is it time" and "Is it the place to enter the trade?"

Wait for validation (the price must always confirm the signal).

Consider the risk-reward ratio, check the economic news, and enter the trade only and only after validation.

Always use stop-loss.

One should not seek to sell immediately when the CCI is overbought but to wait for either the trend line or a support level to be broken, retested and validated as a resistance level. The price must turn around and bearish momentum must increase. On the other hand, when the CCI indicator is oversold below -100, we will not buy straight away. We will wait for the trend line to be broken to the upside or a resistance level to be broken and validated as a support level. The price must turn around and bullish momentum must increase. If the commodity channel index (CCI) indicator is oversold but a support level is broken and validated as a resistance level, we must sell even though the CCI is oversold. As you can see, paying attention to the price, will aid traders in making excellent trading decisions. The commodity channel index indicator can be oversold right from the beginning of a new down trend, leading unaware traders to buy. Stubborn, aggressive traders usually lose serious amounts of money during the third "Elliott wave" in a down trend, because the CCI usually remains oversold during this bearish wave.

Using the commodity channel index indicator with the "Elliott wave" theory will allow traders to make better trading decisions. The market is considered overbought at the end of the fifth "Elliott wave" in an up trend, and the CCI is also overbought at the end of the fifth wave. On the other hand, the market is considered oversold at the end of the fifth "Elliott wave" in a down trend. At this point in time, the CCI is oversold. Traders will wait for confirmation in these "hot spot trading zones" to take part in the abc corrective waves. Fake overbought and oversold signals are given during the third "Elliott wave." However, valid overbought and oversold signals are often given at the end of the fifth "Elliott wave." Please wait for validation before entering the trade. When the CCI is oversold, bullish momentum has decreased. The oversold CCI highlight a support zone. A support zone can break and become a resistance zone. In this case, we will sell even though the CCI is still oversold. When you sell, pay attention to the nearest support level; when you buy, pay attention to the nearest resistance level. Do not buy right into a resistance level. Instead, wait for the price to cross above the resistance level, and vice versa. The overbought or oversold CCI can indicate the beginning of a new trend. Do not trade against the new trend.

On the 4th of March 2010, IBM's daily chart showed that, the commodity channel index period 14 was oversold (below -100), highlighting a support zone around 127.98. As ordinary traders were busy placing bullish bets, the price broke, retested and validated the support level as a new resistance zone. The CCI was still oversold when the bearish momentum was increasing. Naturally, the price went from 127.98 down to the 116.00 level from the 4th of March 2010 to the 6th of March 2010, a huge drop but a serious gain for educated traders. The drop was fast. Many traders who were buying the oversold CCI did lose, and those who failed to apply the five per cent money management rule also lost. Therefore, traders need to master the oversold CCI. The inverse scenario took place on the 22nd of December 2010. On that day, IBM was at 145.95, but the CCI period 14 was above +100 (overbought). The CCI period 14 was highlighting the resistance zone between 145.50 and 147.00. As always, as soon the CCI period 14 was overbought, the smart traders highlighted the identified resistance zone and waited for validation. I use the "TSTW SYS 08" in this 22nd of December case, because anything is possible here. The price can go up, down or horizontal. Do not try to guess it, and do not be too confident. On the contrary, do be calm and, wait for your turn (so to speak). While ordinary traders continued to IBM sell without further verification, the price broke and retested the resistance zone from the 6th of January 2011 to the 11th of January 2011. The price turned around on the 12th of January 2011 after retesting the resistance zone. Once again, uneducated traders lost when the price continued the movement to the upside. From the 12th of January 2011 until the 25th of January 2011, IBM was rising and the bullish momentum was rising, even though the commodity channel index indicator period 14 was in the overbought zone. Without doubt, price can rise when the CCI is overbought, and it can fall when the indicator is oversold. On the 25th of January 2011, IBM reached the 161.44 price level, which was a serious move. Many other examples are relevant, but their pattern remains the same. This strategy remains valid whether, you are trading currencies, stocks, options, futures, or any other financial instruments.

The price is the most important and number one indicator. It must confirm both the overbought and the oversold commodity channel index signals. The overbought or oversold CCI signals are neither signals to sell systematically nor signals to buy without further verification. The ability to "filter out fake signals" and to understand both the language of the price and the language of the overbought and oversold commodity channel index will allow traders to enjoy their trades rather than endure their trades. We hope that, you find this article useful and that you will put it into practice in order, to avoid losing money. Do not guess the price; instead, follow it. Like pro Trade, or learn to " trade like a pro ."

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Technical Analysis – 12 Important Characteristics Of Technical Analysis!

If one takes a close look at the trading world, it revolves entirely around "predictions". Every trader or investor would like to have an inkling of the outcome (technical analysis) for a particular security or stock, before parting with his / her hard-earned money!

In fact, seasoned veterans are able to correctly predict the ups and downs of financial securities. That is how they make oodles of money!

But this "predicting ability" is absent in most people. Even experts can go wrong at times, forget novices to this community! Therefore, a new tool called "technical analysis" has come into the market to help out in such matters. Since the results of using it have proved favorable, more and more traders and investors are going in for it.

Let us examine all the characteristics of this new tool–

(1) The correct definition of technical analysis is "the skill of being able to predict a particular security in the financial market".

(2) This type of analysis revolves around the actual movement of the market; this is not the case with fundamental analysis. Factors related to politics or economics are pushed aside, though they do have an impact on a market's movement.

(3) It searches for patterns or trends that can recur in the future. When this knowledge becomes available, prediction of what will happen in the future becomes easy.

(4) Despite this analysis being quite reliable, it is advisable to go in for fundamental analysis also. A comparison between the results of both will give a double edge to accuracy.

(5) How is fundamental analysis different?

If a fundamental analysis is to be done about a particular company, it includes factors like – how money is being managed by the company, how its performance has been in the past and how stable the current government is regarding trading currency. Thus, this analysis probes the reasons for the market's movement.

Technical analysis is only bothered with how the market is actually going to move. The company's present or past performance, how it takes care of its money – all these are irrelevant!

(6) Anything that claims to be perfect, is naturally viewed with skepticism! So also this new tool, and its claims to being efficient and accurate! People wonder how past movements of the market can aid in predicting the future?

(7) Technical analysis will have to take the help of quite a few indicators for predicting the future of financial securities, such as – volatility indicators, price change indicators, strength indicators, and so on.

(8) Just indicators are not enough, some type of software is also necessary for the purpose of monitoring the results. The software should have these features – real time data streaming, zoom features to be able to view the changes clearly and charts to base predictions on, among others.

(9) There is plenty of software available in the market, but it is advisable to choose one that studies how a particular security has performed in the past and predicts its future accurately.

(10) How are market patterns detected?

Each day, the opening price for a particular security, its highest price for the day, the lowest price for the day, and its closing price at the end of the day – have to be taken into consideration. Daily data collection leads to the setting of a pattern for the future.

(11) The most important thing to remember is tha no technical analysis can be 100% successful in its predictions, despite the best software in place. This type of tool is only meant to serve the purpose of a guide.

(12) Finally, whatever be the software, whatever be the technical analysis, the ultimate decision-maker is "the person"! Yes, this tool with its software gives very good guidelines, but instinct or a sixth sense should play a greater role if the trader or investor wants to achieve great success!

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