Coordination in Logistic Networks

Partner: Lufthansa Cargo AG

Sponsored by: Lufthansa Cargo AG

Contact Person: Christoph Weinhardt

The role of logistic services has changed during the last few years because of restructured transaction processes. The increasing automatisation of transaction processes and trend to cooperations changes the coordination and realisation of logistic services in two ways:

• first the automatisation and IT-support for logistic services and
• second the trend to cooperations of logistic service providers.

A simultaneous consideration of these two trends gives a reason for logistic networks. The intention of the research project in cooperation with Lufthansa Cargo AG, Frankfurt/Main, is to analyse the different forms of logistic networks. In this context open and closed networks as well as internal and external networks can be differentiated. Besides, the integration of these different forms of networks has to be analysed and chances because of synergies, and problems because of e.g. different goals have to be emphasized. The reflection of markets and market structures, information asymmetries and different communication structures becomes a main importance in this context.

Innovative Applications in EFinance and ECommerce

Partner: Brokat Technologies AG

Sponsored by: Brokat Technologies AG

Contact person: Carsten Holtmann

Besides a support function Information Technology (IT) also reshapes existing areas of business and helps to shape new ones. Particularly the Internet and increasingly the new mobile and ubiquitous devices have fundamentally changed financial services and markets. Banks and Brokers as well as Exchanges and Proprietary Trading Systems (PTS) have to enhance their offerings for the private investor.

The anylysis of current developments, the identification of new market as well as business models and the evaluation of innovative-technology solutions becomes more and more important in the face the evolving challenges.

The aims of this research project were:

• to analyze current trends in electronic securities trading (eBrokerage and eTrading) from a technical, economical and regulatoric perspective and
• to build innovative solutions for efficient support and design of electronic markets in this area.

One of the project outcomes was the Virtual Trading Room (VTR) - an internet-based stock trading system for the private investor segment.