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

What is cache memory, Q. What is Cache Memory? Cache memory is a very f...

Q. What is Cache Memory? Cache memory is a very fast and small memory between CPU and main memory whose access time is closer to processing speed of CPU. It behaves as a high-s

How can we design radio button, Q. How can we design Radio Button? Radi...

Q. How can we design Radio Button? Radio buttons are used when only one out of group of options is to be chosen. In the illustration code we have put a line break after every b

Assembly language programming, write an assembly language program for fibon...

write an assembly language program for fibonacci series?

What are the different tones used in strowger telephony, What are the diffe...

What are the different tones used in strowger telephony? Explain with the help of waveforms and the timings. Dial Tone: it is used to indicate that the exchange is ready to r

Detrmine pure paging, Which is not a key piece of information, stored in si...

Which is not a key piece of information, stored in single page table entry, assuming pure paging and virtual memory Ans. A reference for the disk block which stores the page is

Prepurchase and purchase consummation of consumer mercantile, Differentiate...

Differentiate between Prepurchase and Purchase Consummation of consumer mercantile model. The prepurchase interaction for consumers comprises three activities: Product/ser

Emergence of computer network, Which Technologies of this age had tended to...

Which Technologies of this age had tended to the emergence of computer network? Ans: The technologies are Communication technology and Computer technology with the support of V

What are the steps in multiplication algorithm, What are the steps in multi...

What are the steps in multiplication algorithm?   Check for zeros.   Multiply mantissas   Add the exponents.   Normalize the product.

Calculate the switching elements in a two stage network, In a two stage ne...

In a two stage network there are 512 inlets and outlets, r=s=24. If the probability that a given inlet is active is 0.8, calculate: the switching elements Given: N =M =512,

One can use the event get in a report without ldb attribute, One can use th...

One can use the event GET in a report without LDB attribute. False. no one can use the event GET in a report without attribute.

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