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The measure of a system's ability to increase or decrease in performance and cost in response to changes in application and system processing demands. Examples would include how well a hardware system performs when the number of users is increased, how well a database withstands growing numbers of queries, or how well an operating system performs on different classes of hardware.

Straight Through Processing

straight through processing
As defined by the Securities Industry Association: “…the process of seamlessly passing financial information to all parties involved in the transaction process, spanning the investment management decision through to reconciliation and statement production, without manual handling or redundant processing in real-time.”


A row within a table, also called an entity, and is similar to a record in the old file-based terminology.


The ease with which a user can learn to operate, prepares inputs for, and interprets outputs of a system or component.


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