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

Operator, write algorithm and draw flowchart for exchange the values of two...

write algorithm and draw flowchart for exchange the values of two variables.

What is the function of an ip packet screening router, Function of an IP Pa...

Function of an IP Packet Screening Router: A screening router is the most basic type of firewall and uses only the packet filtering capability to control and monitor network tr

Exception handling and recursion, In the previous assignment, you implement...

In the previous assignment, you implemented a stack and a list that both inherited from the abstract class ArrayIntCollection. In this task you are supposed to extend that implemen

Important steps of the boot process, Question: Computer forensic examin...

Question: Computer forensic examiners should be concerned with at least two important settings stored in RTC/NVRAM, which is accessed by the BIOS software most often called Set

Determine flip-flops that are required for mod–16 counter, How many Flip-Fl...

How many Flip-Flops are required for mod-16 counter? Ans. 4 flip-flops is required for Mod-16 Counter. For Mod-m Counter, we require N flip-flops where N is selected to be the

Explain the structure of virtual enterprise, Explain the Structure of Virtu...

Explain the Structure of Virtual Enterprise. The effective enterprise can be a suitable structure to explore the emerging opportunities for creating value within the informatio

Registered ports, A) What does this file have? Where was the information in...

A) What does this file have? Where was the information in this file acquired from? What is the information in this file used for? B)  What is the range for popular ports? What i

Pre-os and runtime sub-os functionality, In a raw Itanium, a 'Processor Abs...

In a raw Itanium, a 'Processor Abstraction Layer' (PAL) is incorporated in system. When it's booted PAL is loaded in the CPU and provides a low-level interface which abstracts a nu

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