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What is twist?

April 26, 2017Twist

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What is twist?

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Twist is the number of turns put in the carpet fiber or yarn. Almost all carpets have twisted yarns. As a general rule, the more twist or turns on a fiber, the better performance you can expect. Yarns that are twisted tighter have a different “feel” than those that are less tight.

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• Wholesale financial market transaction processing • Commercial payments and cash management • Financial Supply Chain (Ordering, Invoicing and Supply Chain Financing) • Billing of Bank Services • Opening and Administration of Bank Accounts TWIST has an end-to-end process focus, and aims to facilitate the adoption of good practice through the use of standard processes and messages. TWIST has the support from its key constituencies: • Corporates • Public Administrations • Financial Services Providers (i.e., Banks and Non-Bank Participants) • Solutions Providers (e.g., software vendors, consultancies) TWIST develops practical standards thataimed at ensuring interoperability between its user base and at achieving efficient and properly controlled industry-wide straight through processing of transactions. TWIST offers win-win situations for all its members, and the focus is on pragmatism and the applicability of the standards to both small and large organisations, irrespective of their rol