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

Low level language program, The commands (instructions) are native instruct...

The commands (instructions) are native instructions to the 68HC11 and therefore it is termed a low level language program. Examining the program the instructions (mnemonics) they a

What are digital signatures and its uses, What are Digital Signatures and i...

What are Digital Signatures and its uses? A digital signature is an electronic quite than a written signature which can be used through someone to authenticate the identity of

Convert ascii code to its bcd equivalent, Convert ASCII code to its BCD equ...

Convert ASCII code to its BCD equivalent. This can be achieved by simply replacing bits in upper four bits of byte by four zeros. For illustration the ASCII '1' is 32h = 0010B. By

Read after write and write after write - data hazards, RAW  and WAW - Data ...

RAW  and WAW - Data hazards: RAW (read after write) - j tries to read a source before i writes it, hence j wrongly gets the old value .This is the most usual type of

Give the syntax switch statement, Give the syntax  switch statements C...

Give the syntax  switch statements Consider the following example. This is a function which converts an integer into a vague description. It is useful where we are only concer

Performance of caches - computer architecture, Performance of caches: ...

Performance of caches:       Amdahl's Law regarding overall speed up:                  Alternatively, CPU stall can be considered:

Write the program to use arrays, In class SlotCollection, remove the fields...

In class SlotCollection, remove the fields slot1, slot2, slot3 and slot4 and replace them by an array of slots. Modify the rest of the program to work using this array. There is

Explain fixed arithmetic pipelines, Fixed Arithmetic pipelines We take ...

Fixed Arithmetic pipelines We take the illustration of multiplication of fixed numbers. Two fixed point numerals are added by ALU (Arithmetic and logic unit) using shift and ad

What do you mean by artificial intelligence, Q. What do you mean by artific...

Q. What do you mean by artificial intelligence? Show the artificial intelligence systems used widely in business. ANSWER: Artificial intelligence (AI) is the science of making

Microprocessors and motherboards, Module Learning Outcomes for This Assignm...

Module Learning Outcomes for This Assignment 1. Design and minimize a digital electronic circuit using logic devices from ttl and cmos. 2. Explain the hardware design of

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