So it will not allow us to control a memory in real time.

In many countries in the region, public pension schemes are pay as you go systems with the financial burden accumulating over time.

This will result in improved and real time information flow, better internal controls, streamlined business processes and improved management reporting.

Real time execution, electronic liquidity connections to over 300 brokers and financial protocols will help the Investment Management Service to achieve best execution of transactions.

To determine relative ranking, some systems require real time disclosure of the lowest price to be bid while in other systems, only ranking but not prices are disclosed.

Once such a system has been developed, the exchange of data will be possible on a real time basis via the Internet, thus improving the efficiency and oversight of the Secretariat's global procurement activities.

The purpose of such mechanisms would be to collect and disseminate real time debt information about developing countries to all types of creditors, as well as borrowers, and to serve as a forum for policy dialogue and crisis resolution.

Importantly, however, a more cohesive response is being built to respond to the laundering of criminal proceeds and many European States are participating in FIU.NET, an initiative that links financial intelligence units in the real time sharing of intelligence to support investigations.