Glossary of terms

Abbreviation

Full name

JIT

Just-in-time

KPI

Key performance indicator

KYC

Know Your Customer

LEED

Leadership in Energy and Environmental Design

LP

Limited Partner

LSEG

London Stock Exchange Group

M&A

Mergers and acquisitions

MD&A

Management discussion and Analysis

MDR

Managed detection and response

MTTD

Mean time to detect

MTTR

Mean time to respond

MarTech

Marketing technology

NCA

National competent authorities

NIS2

Network and information security 2

NIST

National Institute of Standards and Technology

NLP

Natural language processing

NPCI

National Payments Corporation of India

OEM

Original equipment manufacturer

OFAC

Office of Foreign Assets Control

P&L

Profit and loss

PCAOB

Public Company Accounting Oversight Board

PCI-DSS

Payment Card Industry Data Security Standard

PE

Private equity

PFEP

Plan for every part

PMO

Program and project management office

QAIP

Quality assessment improvement program

QC

Quality control

QofE

Quality of earnings

R&D

Research and development

REIT

Real Estate Investment Trust

ROI

Return on investment

RPA

Robotics process automation

RTP

Real-time payments

RegTech

Regulatory technology

SALT

State and Local Tax

SAR

Suspicious activity report

SBA

Small Business Administration

SBSS

Small Business Scoring Service

SDG

Sustainable development goal

SDLC

Software development life cycle

SEC

Securities and Exchange Commission

SIEM

Security information event management

SIOP

Sales, inventory, & operations planning

SKU

Stock keeping unit

SLAYS

Stay lean as you scale

SME

Small and medium-sized enterprise

SOC

Service organization controls

SOD

Segregation of duties

SOP

Standard Operating Procedures

SOX

Sarbanes-Oxley Act of 2002

SP

Socorro Partners

SPEI

Standardized Precipitation Evapotranspiration Index

SaaS

Software as a Service

SecDevOps

Security development and operations

Securities Act

Securities Act of 1933

TCJA

Tax Cuts and Jobs Act

TMS

Transportation management systems

TMT

Technology, media, & telecommunications

TSC

Trust services criteria

UK

United Kingdom

UPI

Unified payments interface

VAE

Variational autoencoders

VMI

Vendor managed inventory

VPA

Virtual payment address

WMS

Warehouse management systems

XBRL

EXtensible Business Reporting Language