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This year at Sungard Summit 2007 in Vegas, there was the typical excessive usage of old acronyms as well as some new industry acronyms and buzz words used.  Here is some lingo that I learned:

MIF (Multi-Institution Functionality)

The next two I heard used at a presentation, although no definition was given, I’ve created my own based on the context of the discussion)

MIFified (awe or fear of Multi-Institution Functionality)

MIFication (act of converting all databases and applications to accommodate Multi-Institution Functionality)

Funky Tech or Funky Techie (a user/customer who is both functional and technical)

I’ve decided to break this down a bit further and use myself as an example:

Funky (a functional user, what I was a long time ago when I worked in an end office and had very little if any technical knowledge)

Funky Tech (was I previously was when I was working in an applications support group yet still located in a functional end-office area)

Techie Funk (what I am now that I’ve crossed over the fence into ITS and have acquired more solid programming and technical development skills)

Techie (what I aspire to be)

Some of these next ones are not that new, but I’m starting to hear them refererred to more often: 

IDM (Identity Management)

UDC (Unified Digital Campus). 

VPD (Virtual Private Database).

VPDI (Virtual Private Database field code that will store the institution value)

OVPD (Oracle Virtual Private Database)

FGAC (Fine Grain Access Controls)

Clustering (Act of using a group of servers or a group of engines to promote scalability, load balancing, and parallel processing)

Performance Management (Measuring Performance across your institution or UDC)

So now if I say the following to you in passing, you’ll know what the heck I’m talking about:

“The new OVPD features will allow us to implement MIF across our UDC, then we can take advantage of FGAC, which will make IDM easier and also give us the ability to set-up clustering to take stress off of our systems”