Federal Reserve Communications System For The Eighties - FRCS-80
A communication network established in 1981 in an effort to update the Federal Reserve's old system. This system connects the Federal Reserve Bank offices, Board of Governors, the Treasury and depository institutions. It is used to initiate transfers of U.S. securities and electronic funds transfers within institutions of the Federal Reserve.
Planning for FRCS-80 began in late 1975. The system was initiated to take advantage of more efficient communications and technology that was available in the 1980s. The Federal Reserve also wanted to implement a better communication system that would handle payment systems throughout all depository institutions. The goal of the Federal Reserve with this network was to improve reliability of the Federal Reserve's communications operations, reduce costs and increase security of data.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Communications in India — This article is about communications in India. For a more general coverage of media in India, see Media of India. The Republic of India possesses a diversified communications system that links all parts of the country by Internet, telephone,… … Wikipedia
Conservatism in the United States — For related and other uses, see Conservatism (disambiguation). Part of a series on Conservatism … Wikipedia
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk … Wikipedia
Economy of India — The economy of India, measured in USD exchange rate terms, is the twelfth largest in the world, with a GDP of around $1 trillion (2008). [http://timesofindia.indiatimes.com/Business/Economy loses trillion dollar status/articleshow/3186378.cms The … Wikipedia
education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… … Universalium
international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… … Universalium
Economy of Malaysia — Fixed exchange rates 1 Ringgit = 100 sen Fiscal year Calendar year … Wikipedia
Cold War — For other uses, see Cold War (disambiguation). United States President … Wikipedia
Country music — Stylistic origins Appalachian folk music, maritime folk music, blues, bluegrass, gospel, anglo celtic music, old time music Cultural origins Early 20th century Atlantic Canada and the Southern United States Typical instruments … Wikipedia