Victoria Louise Lemieux | |
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Born | Toronto, Ontario, Canada | 27 March 1963
Occupation(s) | Records manager Professor of Archival Science |
Known for | Using blockchain technology to reduce risk |
Victoria Louise Lemieux (born 27 March 1963) is a Canadian specialist in records management and Professor of Archival Studies at the University of British Columbia (UBC). She is known for her research into financial information management, risk mitigation including using blockchain technology in risk reduction.
Victoria Louise Lemieux (née Bryans) was born in Toronto in 1963. [1] [2] She obtained a master's degree in Archival Studies from the University of British Columbia around 1985, and began a career as a records and information management professional. [3] In 2002 she obtained a doctorate from University College London with a thesis that examined information-related causes of the Jamaican Financial Crisis of 1996–1997. [4] She became a Certified Information Systems Security Professional (CISSP) in 2005. [4]
Lemieux was director of information services for the City of Edmonton, where she improved records management in the City Clerk's Office. She was promoted to Director of Corporate Records and Information Services, where she was responsible for all the city's records. [3]
In September 1993 Lemieux became the campus records manager at the University of the West Indies (UWI). In 1997 she was promoted to University Archivist at the UWI, and was responsible for modernizing the registry system on three campuses. She also expanded the University's records management certificate program to train public sector workers throughout the Caribbean region. [3] She provided consulting on improving efficiency and accountability of records management in several English-speaking Caribbean countries. [3] She left UWI in July 2001.
Lemieux was a consultant at the World Bank from July 2001 to September 2002. She audited the human resources and payroll systems of governments in Uttar Pradesh (India), Tanzania, Burkina Faso and Chile.[ citation needed ] She returned to the World Bank as a senior public sector specialist from July 2014 to June 2016, on leave from the University of British Columbia. She worked on supporting economic and social development through transparency and information management, and was a leader of several big data analytics projects.[ citation needed ] Lemieux led the imProvenance Group funded by the World Bank. [5] She advised the World Bank, associated international development agencies and the bank's client developing countries on transparency and information management. [3]
After completing her doctorate at UCL in 2002 Lemieux joined the global investment bank Credit Suisse. [6] She was vice president, IT risk management. In 2007 she was responsible for the information technology risk and security components of a major project to outsource the bank's network infrastructure. In this project she applied her pioneering theory of risk-based records management. [3]
In 2008 Lemieux founded CIFER, the Centre for the Investigation of Financial Electronic Records. [6] After the Financial crisis of 2007–2008 she worked with the Office of Financial Research of the United States Department of the Treasury to introduce records management concepts to financial regulators and to promote transparency in the global financial system. [3] She was Canadian representative to the TC68 Technical Committee on Financial Services of the International Organization for Standardization (ISO). [6] She has also served as a consultant to the United Nations and the Commonwealth Secretariat. [4]
From July 2012 to July 2014 Lemieux was director of the Media & Graphics Interdisciplinary Centre (MAGIC) at the University of British Columbia (UBC), where she established the Digital Salon for use by the Digital Humanities. In April 2014 she became an Associate Professor in Archival Science at the University of British Columbia (UBC). [4] She contributed to design of courses on Information Technology Security, Information Assurance and Risk Management; Financial Records; and Information Visualization and Visual Analytics. [3]
After returning from two years leave at the World Bank, in 2016 Lemieux founded a cross-discipline research cluster into blockchain technology, Blockchain@UBC. In 2019 she was awarded $1,600,000 by Canada's Natural Sciences and Engineering Research Council (NSERC) for a five-year project to train up to 139 students at the masters and PhD levels in different aspects of blockchain and distributed ledger technology.[ citation needed ] Fifteen industry partners, including Boehringer Ingelheim and Mitacs, also provided support. The program was to start in January 2020 and would cover the areas of health and wellness, clean energy, regulatory technology and issues for indigenous residents.[ citation needed ]
Lemieux views archival science as an academic discipline that is relevant to other disciplines, as opposed to viewing it as a professional field. She embraces tools and approaches from ontology, visual analytics, graph theory, information systems and philosophy to describe the internal structure of archive records, their provenance and how they represent networks. Lemieux and others such as Kenneth Thibodeau see graph theory and semantic technology as fundamental to the theory of archives and records management. [7]
In 2010 Lemieux studied literature on records and information risk, looking into aspects such as the types of risk discussed most often, approaches to the subject and evolution of views over time. She reviewed several hundred articles on risk associated with archives and records. Topics included types of risk to records, risks caused by records, risks if the profession does not adapt to new record formats, risks in the way in which archival functions are performed and techniques for mitigating risk. [8] Lemieux has developed a tool to assess organizational and human behavioural risk when implementing EDRM systems. [3]
As of 2020 she was investigating availability of trustworthy records, particularly financial records. [4] She was interested in how the risks to records availability affect public accountability and transparency, financial stability and human rights. She was particularly interested in blockchain record keeping systems.[ citation needed ] She is a member of the International Organization for Standardization (ISO) Technical Committee 307 on Blockchains and Distributed Ledger Technology. [9]
Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no intrinsic or exploitable meaning or value. The token is a reference that maps back to the sensitive data through a tokenization system. The mapping from original data to a token uses methods that render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers. A one-way cryptographic function is used to convert the original data into tokens, making it difficult to recreate the original data without obtaining entry to the tokenization system's resources. To deliver such services, the system maintains a vault database of tokens that are connected to the corresponding sensitive data. Protecting the system vault is vital to the system, and improved processes must be put in place to offer database integrity and physical security.
A financial audit is conducted to provide an opinion whether "financial statements" are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared using the cash basis or some other basis of accounting appropriate for the organization. In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements.
Maureen Patricia O'Hara is an American financial economist. O'Hara is the Robert W. Purcell Professor of Management, a professor of finance, and acting director in Graduate Studies at the Samuel Curtis Johnson Graduate School of Management at Cornell University. She has won numerous awards and grants for her research, served on numerous boards, served as an editor for numerous finance journals, and chaired the dissertations of numerous students. In addition, she is well known as the author of Market Microstructure Theory. She was the first female president of the American Finance Association. She has been awarded honorary doctorates from three European universities.
The Association for Cooperative Operations Research and Development (ACORD) is a non-profit organization in the insurance industry. ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support exchange of insurance data between trading partners. ACORD itself, though, is not an insurance company and does not process claims or provide insurance coverage of any kind.
Blythe Sally Jess Masters is a British private equity executive and former financial services and fintech executive. She is a former executive at JPMorgan Chase, where she was widely credited for developing the credit default swap as a financial instrument.
Digital transformation (DT) is the process of adoption and implementation of digital technology by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format.
The bitcoin protocol is the set of rules that govern the functioning of bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and cryptographic security.
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Since each block contains information about the previous block, they effectively form a chain, with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.
Luciana Duranti is an archival theorist and professor of archival science and diplomatics at the University of British Columbia School of Library, Archival and Information Studies in Vancouver, Canada. She is a noted expert on diplomatics and electronic records. Since 1998, she has been the director of the electronic records research project, InterPARES. She has disclosed the concept of the archival bond originally initiated by Italian archivist Giorgio Cencetti in 1937.
A distributed ledger is a system whereby replicated, shared, and synchronized digital data is geographically spread (distributed) across many sites, countries, or institutions. In contrast to a centralized database, a distributed ledger does not require a central administrator, and consequently does not have a single (central) point-of-failure.
A smart bond is a specific type of an automated bond contract that uses the capabilities of blockchain databases that can operate as cryptographically-secure yet open and transparent general ledgers. This is sometimes referred to as Distributed Ledger Technology (DLT). It is one of a class of financial instruments known as a smart contract, "a computerized transaction protocol that executes the terms of a contract."
Distributed ledger technology law is not yet defined and recognized but an emerging field of law due to the recent dissemination of distributed ledger technology application in business and governance environment. Those smart contracts which were created through interaction of lawyers and developers and are intended to also be enforceable legal contracts are called smart legal contracts.
A blockchain is a shared database that records transactions between two parties in an immutable ledger. Blockchain documents and confirms pseudonymous ownership of all transactions in a verifiable and sustainable way. After a transaction is validated and cryptographically verified by other participants or nodes in the network, it is made into a "block" on the blockchain. A block contains information about the time the transaction occurred, previous transactions, and details about the transaction. Once recorded as a block, transactions are ordered chronologically and cannot be altered. This technology rose to popularity after the creation of Bitcoin, the first application of blockchain technology, which has since catalyzed other cryptocurrencies and applications.
Government by algorithm is an alternative form of government or social ordering where the usage of computer algorithms is applied to regulations, law enforcement, and generally any aspect of everyday life such as transportation or land registration. The term "government by algorithm" has appeared in academic literature as an alternative for "algorithmic governance" in 2013. A related term, algorithmic regulation, is defined as setting the standard, monitoring and modifying behaviour by means of computational algorithms – automation of judiciary is in its scope. In the context of blockchain, it is also known as blockchain governance.
The International Research on Permanent Authentic Records in Electronic Systems is a "major international research initiative in which archival scholars, computer engineering scholars, national archival institutions and private industry representatives are collaborating to develop the theoretical and methodological knowledge required for the permanent preservation of authentic records created in electronic systems." As a global consortia that works to develop preservation strategies, the project focuses on "developing the knowledge essential to the long-term preservation of authentic records created and/or maintained in digital form and providing the basis for standards, policies, strategies and plans of action capable of ensuring the longevity of such material and the ability of its users to trust its authenticity."
Kenneth Francis Thibodeau is an American specialist in electronic records management who worked for many years at the National Archives and Records Administration (NARA). He was responsible for development of the pioneering DoD 5015.02 standard for electronic records management and for creation of NARA's Electronic Records Archives System (ERA).
Jennifer Douglas is a Canadian archivist and academic who researches the creation of personal archives and their place within with traditional archival practice.
Axoni is an American technology company that develops blockchain software for financial institutions. It caters to trading firms, infrastructure providers, and technology companies in the United States, Europe, and Asia. The company operates Veris, a distributed ledger system used by large financial companies.
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