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

Types of addressing modes in assembly language, Types of Addressing Modes: ...

Types of Addressing Modes: Each instruction of a computer mentions an operation on certain data. There are many ways of specifying address of the data to be operated on. These

How cloud can be used in event schedules, How cloud can be used in Event Sc...

How cloud can be used in Event Schedules and Management with an example. Web-based calendars can be used to post dates and schedules for specific public events, such as school

Rectifier output with fitters, Rectifier output with fitters: When hal...

Rectifier output with fitters: When half-wave and full-wave rectification suffice to deliver a type of DC output, neither produces constant-voltage DC (direct current). To gen

Clustering-coefficient- artificial intelligence, This programming assignmen...

This programming assignment is about computing topological properties of Protein-Protein Interaction (PPI) networks. Recall that a PPI network is represented by a graph G=(V,E) whe

What is critical section problem, What is critical section problem?  Co...

What is critical section problem?  Consider a system having of 'n' processes. Each process has segment of code known as a critical section, in which the process may be changing

IT PMP project managemnet., Identify at least eight milestones for this pro...

Identify at least eight milestones for this project. Write a one-page paper describing each milestone using the SMART criteria?

How does bus arbitration typically work, How does bus arbitration typically...

How does bus arbitration typically work? i.  A bus master waiting to use the bus asserts by  the bus request. ii.  A bus master cannot be the bus until it's request is grant

What is refactoring, What is refactoring? Refactoring is explained as t...

What is refactoring? Refactoring is explained as the changes to the internal structure of software to improve its design without changing its external functionality. It is an e

Rules for minimisation using k maps, 1) All squares containing a 1 must be ...

1) All squares containing a 1 must be grouped. 2) The largest possible groups must be formed. 3) Groups can overlap if this allows larger groups to be formed. 4) Groups mu

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