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

Determine the simplified sop boolean expression, The Karnaugh map for a SOP...

The Karnaugh map for a SOP function is given below in figure. Determine the simplified SOP Boolean expression. Ans. F= B'C' + A'C'D + B'D'

What are compilers and interpreters, What are compilers and interpreters? ...

What are compilers and interpreters? Compiler and Interpreter: These are two types of language translators. A compiler changes the source program (user-written program) int

What is a zombie, What is a zombie? When a program forks and the child ...

What is a zombie? When a program forks and the child finishes before the parent, the kernel still keeps some of its information about the child in case the parent might require

Homework, Use linear activation function and Hebbian learning for a SLFF ne...

Use linear activation function and Hebbian learning for a SLFF network to attempt to learn the following two sets of patterns. Why can the patterns be learned, or why can they not

For what CIDR stands, CIDR stands for? CIDR stands here for Classless I...

CIDR stands for? CIDR stands here for Classless Inter Domain Routing.

Explain what are user controls, Briefly explain what user controls are and ...

Briefly explain what user controls are and what server controls are and the differences between the two.   An ASP.NET control (sometimes known as a server control) is a server-

What is perl, Perl is an interpreted language (not compiled, like Java) whi...

Perl is an interpreted language (not compiled, like Java) which is ideally suited for CGI programming. It has its roots in UNIX system administration and offers various features li

Compare ss7 architecture with seven-layer osi architecture, Compare the arc...

Compare the architecture of SS7 with seven-layer OSI architecture The relationship among these levels and the layers of the OSI model is demonstrated in figure. The user part i

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