We investigate the welfare implications of operating alternative market structures known as electronic crossing networks or “dark pools” alongside traditional “lit” markets. We study equilibria of a market where intrinsic traders and speculators, endowed with heterogeneous fine-grained information, endogenously choose between dark and lit venues. We establish that while the dark pool attracts r...

concern to both practitioners and researchers but also that the software market is becoming gradually more demanding in terms of development constraints, systems evolution and emerging business models. To cope with this reality, the adoption of Software Process Improvement Models such as capability maturity model integration (CMMI) is perceived by many software development organisations as a ba...

Projects combining agile methods with CMMI combine adaptability with predictability to better serve large customer needs. The introduction of Scrum at Systematic, a CMMI Level 5 company, doubled productivity and cut defects by 40% compared to waterfall projects in 2006 by focusing on early testing and time to fix builds. Systematic institutionalized Scrum across all projects and used data drive...

The Capability Maturity Model Integration (CMMI) is a renowned Software Process Improvement (SPI) framework. Research studies have revealed that CMMI adoption needs lot of resources in terms training, funds, and professional workers. However, the software SMEs (SSMEs) few cannot adopt CMMI. One challenges adopting tells “What to do?” as requirements be met, leaves “How implementers. industry es...

The recent release of CMMI V1.3 incorporates a number of changes to the model and framework; one of the more interesting is the decision to do away with Capability Levels 4 and 5 in the Continuous Representation, while retaining the high levels of Organizational Maturity. This paper examines some of the issues that may have driven this decision, and explores the opportunity provided for greater...

Many of quality approaches are described in hundreds of textual pages (see CMMI, SPICE, Enterprise SPICE, ITIL among others). Manual processing of information consumes plenty of resources. In this report we present a text mining approach applied on CMMI – one well known and widely known quality approach. The text mining analysis can provide a quick overview on the scope of a quality approaches....

the requirements management and development are very important parts and activities in the software development life cycle, and the “Agile” is one of the most common and widely used software life cycle models. But applying agile methodology most probably shows that, it contains some problems related to requirements management and development. This paper suggests a new software development life ...