Over the past few years , several web portals have started bringing disintermediation , the power of shared action and collective intelligence , and fundraising opportunities to the nonprofit sector .
For better or worse , the disintermediation now hits closer to home , cutting foundations , government agencies , and even larger nonprofits out of the giving process .
无论如何,这里的层级简化效应将基金会、政府组织、甚至那些大型的非营利组织排除出了捐献过程。
Combined effects of disintermediation , global competition , regulatory changes , technological developments , competition across different types of fis .
并购的效应:金融中介钝化,竞争全球化,经营技术进步,不同型态金融机构竞争。
Broadly speaking , financial disintermediation of funds not only refers to funds direct flow to the high deposit interest rates of assets , but also refers to funds set aside the demand side of financial intermediation directly in money market by issuing short-term debt instruments .
In this case , some of exist balance of financial system may be broken , investors will transfer some fund to the financial market from the intermediary , cause the funds flow to financial market from the bank account , namely " disintermediation " that usually said .
In this case , the disintermediation effect cuts out banks and other lending institutions that historically have failed to extend credit to poor people or done so in a predatory manner .
在这种情况下,诸如银行等过去不能为穷人提供好的信贷服务的借款机构在层级简化效应的影响下淡出。
So for now , the disintermediation action is mainly in europe , where turquoise is targeting trading in the top 350 stocks - and where the nyse has taken over euronext , operator of continental bourses .
Disintermediation - cutting out the middle-man - is a door that can swing both ways , bankers and exchanges say , but so far it is the banks that are making the running .
银行家和交易所表示,去除中间业务除去经纪人是一扇可以向两边开的门,但至今领跑的是银行。
Online travel service providers are faced with the challenge of " disintermediation "
在线旅游服务商面临“去中介化”挑战
This reflects another trend mr rubenstein highlighted in berlin last week : the disintermediation of private equity groups by some investors .