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(1). A way for compliance, operations and/or legal department employees to put a positive spin on their role in losing a piece of business.
“Well, someone had to be the adult in the room here! I mean, just because they have millions of dollars in potential business doesn’t justify giving them more than one toaster for opening their account with us!”
(1). The number of things you need to do to accomplish a task on your company’s computer system. The term is usually used when proposing system upgrades that will never be approved.
“Megan, if we spend a few dollars now on this upgrade, it will significantly reduce keystrokes for the entire team, meaning we should be able to keep headcount static for at least another year. Bangalore? No, I wasn’t aware we were moving Operations to Bangalore…”
(1). During a systems integration, areas where the old and new technology can easily (read: cheaply) be linked.
“Okay, so I’m sure we’ll be able to identify some swim lanes when we’re drawing up the functional spec for the custody conversion project.”
