Settlement agent and Silo: Difference between pages

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''Working effectively with others - corporate governance.''


An institution that is responsible for managing all aspects of the settlement process (including the calculation of settlement positions and the monitoring of the exchange of payments) on behalf of transfer systems or other settlement arrangements.
A silo is a part of an organisation which works - inappropriately - in isolation from other parts of the organisation, and resists sharing important information with it.


== See also ==
* [[Settlement]]
* [[Settlement institution]]


:<span style="color:#4B0082">'''''Work across silos'''''</span>
:"An effective risk management programme takes a broader perspective and works across silos."
:''The Treasurer magazine, February 2017 p51 - Unlocking unconscious biases in decisions, Anna Withers and Mark Withers, Mightywaters Consulting.''
The use of the term in the organisational context derives from military silos, which are hardened underground sites, heavily protected against potential enemy attacks.
==See also==
*[[Behavioural skills]]
*[[Cohesion]]
*[[Corporate governance]]
* [[Knowledge and information management]]
*[[Working effectively with others]]
[[Category:Knowledge_and_information_management]]

Latest revision as of 05:53, 25 July 2022

Working effectively with others - corporate governance.

A silo is a part of an organisation which works - inappropriately - in isolation from other parts of the organisation, and resists sharing important information with it.


Work across silos
"An effective risk management programme takes a broader perspective and works across silos."
The Treasurer magazine, February 2017 p51 - Unlocking unconscious biases in decisions, Anna Withers and Mark Withers, Mightywaters Consulting.


The use of the term in the organisational context derives from military silos, which are hardened underground sites, heavily protected against potential enemy attacks.


See also