Asset Management

Forex As an Asset Class and Financial Instrument

Forex has always been classified as an asset and an instrument of financial transaction including both the spot and futures market. By one argument, the forex market makes a pretty much bigger turn over on a daily basis than the commodities and services trade although conceptually forex is there to facilitate the latter two. Need any more evidence for forex's status as financial instrument and an asset class of its own right?

Sequentially, the logic goes that any financial instrument can be thought of as fit to be an asset class.

So What Is A Financial Instrument?
Any document, either virtual or real, which is assigned some monetary value and legally tradeable in the market as a package of an asset, is a financial instrument. The most traded one amongst all financial instruments is the equity based one.

Plain vanilla is an example of simplest financial instruments which has a simple strike price and expiration date. This option is devoid of advanced features but optionally there can be what is known as a knock-in option which activates the instrument only if the underlying stocks strike a preset price.

But coming back to the discussion of forex as an asset class, the overall foreign exchange traded daily has jumped by 38% between April 2005 and April 2006 and has more than doubled since 2001. One significant reason that can be attributed to this is growing acceptance of forex as asset class strongly backed up by the fund management assets such as hedge funds and pension funds. On the same breath, one can not negate the advent of easier internet based retail trading platforms which pitched into attract large volumes.

We have said that forex is an asset class. The asset class is basically categorized as debt based and equity based depending on whether the investor gets to own the asset or not. For example, debt asset is when an investor extends a loan to the owner of asset and the equity based asset reflects the ownership of the investor.

What Does It Mean To A Retail Investor?
The categorized forex asset class is a wise investment opportunity for a retailer. You can systematically acquire and hold a foreign currency, such as euro or pound sterling till it appreciates sufficiently over time. Speculative forex trading is another avenue but it is ridden with significant risk factors. Transnational executives hold a considerable amount of forex in their kitty.

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Asset Management For Web Developers

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When building large scale database driven web applications which require the development effort of numerous individuals and interoperating teams as well as networked access to a central repository of assets in the form of PHP code, HTML documents, images, source code, media files, and documentation it can help to organize the workflow by keeping track of data and intellectual property assets using specially designed asset management software applications that allow for a meta searchable database of digital media and a check in/check out system to allow multiple designers to work together without doubling up on the same task.

Asset management software isn't just for enterprise class development anymore. SOHO users will find software such as Canto Cumulus asset management software to be scalable to even the needs of a small design house with only 3-4 developers.

No matter what kind of web development you are doing, proper asset management is key to an organized workflow, especially on projects that depend on numerous individuals and teams and requires the document to "change hands" and allow for the scrutiny of the entire team during every phase of design and development.

Asset management solutions allow for a more disciplined approach to portfolio cataloguing and media library organization, which can help developers contemplate their creative palette and visual media assets more thoroughly and completely when selecting templates and production from the company's supply of IP.

If you find that your design team is having trouble maintaining a manually organized library of content and intellectual property and you want to have a library witch allows for rich meta tagging and highly organized searching and browsing, you should research investing the time and effort into setting up an asset management solution for your company today! The time and effort you put into an asset management system today pays off ten fold through more efficient workflow and library management.