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

Define terminal symbols, Define Terminal symbols? Terminal symbols: T...

Define Terminal symbols? Terminal symbols: These are literal strings forming the input of a formal grammar and can't be broken down in slighter units without losing literal m

Testmanager can be used for performance testing, Rational Testmanager is a ...

Rational Testmanager is a complicated tool that can be used for automating performance tests on client/server systems. A client/server system have client applications accessing a d

Illustrate when are intermolecular forces the strongest, Q. Illustrate when...

Q. Illustrate when are intermolecular forces the strongest? Answer:- Intermolecular forces dispersion and dipole-dipole and hydrogen bonds. These forces are feeble than ch

Data structure, what are the fundamental data structures

what are the fundamental data structures

What are the event key words in interactive reporting, What are the event k...

What are the event key words in interactive reporting? Event Keyword                                                 Event AT LINE-SELECTION         Moment at which the u

Representation of real-system, Maria opened her authentic Mexican restauran...

Maria opened her authentic Mexican restaurant MiCazuela in Tucson inthe 1980s. It quickly became popular for the tasty food and use of fresh organicproduce and all-natural meats. L

Determine the current allocation state and granted process, An operating sy...

An operating system contains 3 resource classes. The number of resource units in these classes is 7, 7 and 10. The current resource allocation state is shown below:

What is secondary storage systems, There are various limitations of primary...

There are various limitations of primary memory like limited capacity which is its not enough to store a very large volume of data and volatility which is when power is turned off

Error handling in hard disk, Error handling in Hard disk in computer archit...

Error handling in Hard disk in computer architecture : Modern drives also make widespread use of Error Correcting Codes (ECCs), specifically Reed-Solomon error correction.

Explain bitwise operator, Bitwise Operators Like  other  operators  bit...

Bitwise Operators Like  other  operators  bitwise  operators  have  rules  of  precedence  and  associativity  that determine how expressions involved them are evaluated.

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