Seeking to advance this technology, several international committees of researchers and industry experts have developed standard approaches to image compression.
As at Citibank, those committees develop and refine systems to rate loans according to risk.
Each committee developed measurable goals with estimated dates for completion.
In the late 1980's, the committee developed a system requiring banks to hold capital equal to 8 percent of their assets, adjusted for risk, by 1992.
"I hope over the years our committee has developed a relationship where we can talk with all knowledgeable people," he said.
An advisory committee has since developed a training program, which is now being implemented.
Since 2002, the committee has been developing a multi-part series of standards and technical reports on the subject.
This committee has developed into a major organ of Parliament and it cannot function with its present constitution.
He noted that his committee develops management plans for land already owned by the town and has nothing to do with land acquisition.
Later, the committee developed a procedure for friendly witnesses.