Customer credit-rating software , Computer Engineering

Assignment Help:

Gordon Grant, majority shareholder and Chief Executive Officer of Finance-IT Ltd, is determined to be one of the entrepreneurs making money out of the recession. He started the firm in 2005 with the aim of producing high-quality software aimed at helping banks identify and serve customer needs. In 2007 Finance-IT Ltd expanded its business interests by setting up the on-line payment firm SecurBuy which now handles 25% of on-line payments in the UK. Gordon is convinced that banks need his firm's services more than ever in the current recession. Finance-IT Ltd software customers include banks in the UK, US and EU.

The current market for customer credit-rating software is dominated by FiFind, software developed by Financial Solution Inc, of New Jersey, US.  Gordon believes that collecting more detailed data about customers - how people use their bank accounts, on-line bill-pay services, debit cards and credit cards - will make predictions of customer default more accurate than those provided by FiFind. Much of the required data could be collected from Finance-IT software already established in banks and over the last year half the Finance-IT computer engineers have been mapping out where these disparate pieces of data can be found. Gordon intends to hire mathematicians and data administrators to design algorithms that draw information from such data.

He has asked Valerie to produce a report using some projected figures to show the minority shareholders how investment in software development could result in increased profits despite the current economic downturn. Valerie has asked you to start work on this.


Related Discussions:- Customer credit-rating software

Where do you set automatic correlation options, Automatic correlation from ...

Automatic correlation from web point of sight can be set in recording options and correlation tab. Here we can enable correlation for the whole script and choose either issue onlin

Define resolution versus accuracy in mouse, Q. Define Resolution versus Acc...

Q. Define Resolution versus Accuracy in mouse? Resolution of mouse is known in CPI (Counts per Inch) it implies that number of signals per inch of travel.  This implies the mou

Which language is a platform free language, Which language  is a platform ...

Which language  is a platform free language Java language

Determine the output of an even parity generator, When the set of input dat...

When the set of input data to an even parity generator is 0111, the output will be ? Ans. Into even parity generator if number of one is odd then output will be 0.

Features added in message passing interface-2, Q. Show the Features added i...

Q. Show the Features added in message passing interface-2 Input/output Single-sided operations for remote memory access Binding for C++ Dynamic process managem

What data structure is used by an operating system, What data structure is ...

What data structure is used by an operating system to keep track of process information? Explain A data structure termed as process control block (PCB ) is used by an operat

Draw the logic diagram of 4-bit twisted ring counters, Draw the logic diagr...

Draw the logic diagram of 4-bit Twisted Ring counters and explain its operation with the help of timing diagram. Ans: Twisted ring counter (4 BIT): We ready know that shi

Explain data warehousing, data warehousing Data warehouse means  ...

data warehousing Data warehouse means  Subject oriented Integrated Time variant Non-volatile collection of data for management's decisions. It is h

Explain the probability of availability of free lines, How does one arrive ...

How does one arrive at the probability of availability of free lines during the busy hour? One can arrive at the possibility of free lines throughout busy hour using the delay

Classification according to pipeline configuration, Classification accordin...

Classification according to pipeline configuration: According to the configuration of a pipeline, the following parts are recognized under this classification: Unifunct

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd