Picture of mobile phone running fintech app

Fintech: Open Access research exploring new frontiers in financial technology

Strathprints makes available Open Access scholarly outputs by the Department of Accounting & Finance at Strathclyde. Particular research specialisms include financial risk management and investment strategies.

The Department also hosts the Centre for Financial Regulation and Innovation (CeFRI), demonstrating research expertise in fintech and capital markets. It also aims to provide a strategic link between academia, policy-makers, regulators and other financial industry participants.

Explore all Strathclyde Open Access research...

Ship machinery and equipment inspection tool development for risk control and decision making

Dikis, Konstantinos and Lazakis, Iraklis and Taheri, Atabak and Theotokatos, Gerasimos (2015) Ship machinery and equipment inspection tool development for risk control and decision making. In: 5th International Symposium on Ship Operations, Management and Economics (SOME), 2015-05-28 - 2015-05-29.

Text (Dikis-etal-SOME2015-risk-and-reliability-analysis-tool-development-for-ship-machinery)
Accepted Author Manuscript

Download (335kB) | Preview


Concerning the successful business competence, strategic planning should be enhanced considering assets availability by involving maintenance and reliability operational aspects. The INCASS (Inspection Capabilities for Enhanced Ship Safety) FP7 EU funded research project aims to tackle the issue of ship inspection, identification of high-risk ships, providing access to information related to ship surveys and incorporate enhanced and harmonized cooperation of maritime stakeholders in order to avoid ship accidents, promote maritime safety and protect the environment. The current research consists of machinery and equipment specifications and stakeholders’ data requirements. Focusing on the methodology perspective, a Machinery Risk Analysis (MRA) model is introduced. All progress and methodology development takes place in Java programm ing language. Overall, the outcomes of this study demonstrate the reliability performance of marine machinery components. Future development include dynamic failure rate variation through time, probabilistic model’s sensitivity analysis and components’ and systems’ interdependencies in a user-friendly Graphical User Interface (GUI) design.