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We have called you in to prepare a document specifying the requirements for the development of a Portfolio Management System. We intend to put the development of this system up for tender in November, if the project seems feasible. There is no existing computer-based system, and this seems to be limiting the rate of our expansion and the workload that our portfolios managers can handle. One of the main difficulties that customers have expressed is the difficulty they have in quickly obtaining an update estimate of their portfolio value. We feel that providing customers with up-to-date information on their portfolios will enable them to react more quickly in a volatile market and foster better communication between them and their portfolio managers. In fact, I envisage being able to allow customers to hook-in to our new software System to view their portfolio. We could provide this service by a Web-interface or Android app, or other comparable interface.

Client Real-Time Notification and Account Balance

In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis.

It should also ease the work of the account managers so that whenever they interview new clients they store the information on the client’s profile. This information will in turn be used to determine the equities each will have and there risk profiles. The client’s profile also helps in matching the account manager to be assigned.

The software will ease the work of the funds manager which is currently time consuming. The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers.

Feasibility analysis determines strengths and weaknesses for a software to be developed in a company [1],[4],[12]. It also helps in determining risks involved in developing the software as well as all the assets required to develop it. There are three types of feasibility;

  1. a) Technical feasibility. Focuses on the technical needs to build a software.
  2. b) Economic feasibility. This involves cost for developing a software [2]
  3. c) Operational feasibility. Focuses on the fitness of the proposed software in a company.
  4. d) Schedule feasibility. Focuses on the time taken to complete the development of the project.

(i) Functional

The client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis. [3]

Client Tax Report

(ii) Non Functional

The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers [5].

a) Technology to be used.

  1. b) Facilities to be used for instance data centers
  2. c) Infrastructure for instance network [6]
  3. d) Design approaches
  4. e) Business context
  5. f) Budget of developing the software [7]
  6. g) Methodology to be used

Case diagrams are used to demonstrate different ways in which users can interact with the system. It summarizes how users interact with the system. Actors are the users that are expected to interact with the system. It can be a person an organization or another system accessing the developed system. They are external objects giving or taking away data from the system.

The software should be designed in such a manner that it saves a lot of time not only to the client but also the whole management team of the company. It is a startup company which it’s  vision is to sell shares to the clients. We need to create a software that helps the company achieve better results within the shortest time possible with minimum effort on it [9].

Architectural design is used to represent the design of any software being developed [10]. It’s also define as collection of software and hardware components to come up with a computer program to solve a particular problem. For our case here it will be data centered as illustrated by the figure below;

Hardware Specifications

  1. a) Processor with 2 GHz
  2. b) Minimum of 2 GB RAM
  3. c) Internet connection
  4. d) Minimum of 30 GB available disk space [11]

The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers. In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares.

Client Profile and Equities

It is the physical design of the expected software to be developed. It is visual representation of three dimension objects for example the ones used in product design and development purposes. It is also used to design 3D and 2D computer animations in web and applications development.

The figure above shows the prototype of the software to be developed

Conclusion

The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers. In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis. It should also ease the work of the account managers so that whenever they interview new clients they store the information on the client’s profile. This information will in turn be used to determine the equities each will have and there risk profiles. The client’s profile also helps in matching the account manager to be assigned.

Reference

[1]  J. Nielsen, "Ten usability heuristics of database," 2012, https://www.useit.com/papers/  heuristic/heuristic_list.html.

[2]  Microsoft Corporation, "Site management cycle," 2013, https://msdn.microsoft.com/    library/en-us/comsrv2k/htm/cs_gs_concepts_ntqq.asp.

[3]  C. Sherman, "Teoma vs. Google, round two," April 2, 2012,  https://searchenginewatch.com/searchday/02/sd0402-teoma.html.

[4]  J. Raskin, "Looking for a humane interface: Will computers ever become easy to use?" Communications of the ACM, vol. 40, no. 2, pp. 98-101, Feb. 2014.

[5]  M. Phillips, "Reducing the cost of Bluetooth systems," Electronics & Communication  Engineering Journal, vol. 13, no. 5, pp. 204-208, Oct. 2011.

[6]  H.L. O'Brien and E.G. Toms, "What is user engagement? A conceptual framework for  defining user engagement with technology," Journal of the American Society       for Information Science and Technology, vol. 59, no. 6, pp. 938-955, Apr. 2018.

[7]  E.F. Vasechkina and V.D. Yarin, "Evolving polynomial neural network by means of  genetic algorithm: Some application examples," Complexity International, vol. 09,       2011, https://www.csu.edu.au/ci/vol09/vasech01/.

[8]  O. Edelestein, E. Farchi, Y. Nir, G. Ratsaby, and S. Ur, "Multithreaded Java   program test generation," IBM Systems Journal, vol. 41, no. 1, pp. 111-125, 2012,   https://www.research.ibm.com/journal/sj/411/edelstein.pdf.

[9]  R.R. Yager, "Multiple objective decision-making using fuzzy sets," International  Journal of Man-Machine Studies, vol. 9, no. 4, pp.375-382, Jul. 2014.

[10] K.-L. Wu, C.C. Aggarwal, and P.S. Yu, "Personalization with dynamic profiler,"     in Proceedings of the third international workshop on advanced issues of  e-commerce and web-based information systems, 2016, pp. 12-20.

[11] T. Hastie, R. Tibshirani, and J.H. Friedman, The elements of statistical learning:  Data mining, inference, and prediction, Springer Series in Statistics.  New York: Springer-Verlag, 2017.

[12] M.T. Maybury, "Intelligent user interfaces for all," in User interfaces for all: Concepts, methods and tools, C. Stephanidis, Ed. Mahwah, NJ: Lawrence Erlbaum   Associates, 2018, pp. 65-80.

[13] ANSI T1.602-2010, Telecommunications-Integrated Services Digital Network (ISDN) - Data-Link Layer Signaling Specification for Application       at the User-Network Interface.

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