In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis.
It should also ease the work of the account managers so that whenever they interview new clients they store the information on the client’s profile. This information will in turn be used to determine the equities each will have and there risk profiles. The client’s profile also helps in matching the account manager to be assigned.
The software will ease the work of the funds manager which is currently time consuming. The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers.
Feasibility analysis determines strengths and weaknesses for a software to be developed in a company [1],[4],[12]. It also helps in determining risks involved in developing the software as well as all the assets required to develop it. There are three types of feasibility;
(i) Functional
The client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis. [3]
(ii) Non Functional
The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers [5].
a) Technology to be used.
Case diagrams are used to demonstrate different ways in which users can interact with the system. It summarizes how users interact with the system. Actors are the users that are expected to interact with the system. It can be a person an organization or another system accessing the developed system. They are external objects giving or taking away data from the system.
The software should be designed in such a manner that it saves a lot of time not only to the client but also the whole management team of the company. It is a startup company which it’s vision is to sell shares to the clients. We need to create a software that helps the company achieve better results within the shortest time possible with minimum effort on it [9].
Architectural design is used to represent the design of any software being developed [10]. It’s also define as collection of software and hardware components to come up with a computer program to solve a particular problem. For our case here it will be data centered as illustrated by the figure below;
Hardware Specifications
The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers. In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares.
It is the physical design of the expected software to be developed. It is visual representation of three dimension objects for example the ones used in product design and development purposes. It is also used to design 3D and 2D computer animations in web and applications development.
The figure above shows the prototype of the software to be developed
Conclusion
The software should automatically buy parcel and keep the number of shares in each parcel and the date they were purchased. The total tax will be calculated based on the age of the parcel for each client in the company. Whenever a sell order is executed by the account managers, the system should deduct it from the old parcel and if it’s not enough it deducts it from the older parcel. The software should also have a place for storing client’s parcel and make it available for the account managers and the client. The system should finally calculate dividends based on the shares each client hold in the company. The dividends are deposited in the client’s portfolio which will eventually be used for generating tax reports and send to the client’s account. It should also be used for purchasing new shares in the company by the account managers. In our software we should make sure that a client receives real time notification about the market improvement and their balance in the account. If they have less balance in the account then they should be notified so that they can deposit the funds to the account for the account managers to purchase the shares. This kind of notification helps clients in taking an advantage of the market by purchasing cheap share from the company. They should also receive a tax report for every month and also on yearly basis. It should also ease the work of the account managers so that whenever they interview new clients they store the information on the client’s profile. This information will in turn be used to determine the equities each will have and there risk profiles. The client’s profile also helps in matching the account manager to be assigned.
Reference
[1] J. Nielsen, “Ten usability heuristics of database,” 2012, https://www.useit.com/papers/ heuristic/heuristic_list.html.
[2] Microsoft Corporation, “Site management cycle,” 2013, https://msdn.microsoft.com/ library/en-us/comsrv2k/htm/cs_gs_concepts_ntqq.asp.
[3] C. Sherman, “Teoma vs. Google, round two,” April 2, 2012, https://searchenginewatch.com/searchday/02/sd0402-teoma.html.
[4] J. Raskin, “Looking for a humane interface: Will computers ever become easy to use?” Communications of the ACM, vol. 40, no. 2, pp. 98-101, Feb. 2014.
[5] M. Phillips, “Reducing the cost of Bluetooth systems,” Electronics & Communication Engineering Journal, vol. 13, no. 5, pp. 204-208, Oct. 2011.
[6] H.L. O’Brien and E.G. Toms, “What is user engagement? A conceptual framework for defining user engagement with technology,” Journal of the American Society for Information Science and Technology, vol. 59, no. 6, pp. 938-955, Apr. 2018.
[7] E.F. Vasechkina and V.D. Yarin, “Evolving polynomial neural network by means of genetic algorithm: Some application examples,” Complexity International, vol. 09, 2011, https://www.csu.edu.au/ci/vol09/vasech01/.
[8] O. Edelestein, E. Farchi, Y. Nir, G. Ratsaby, and S. Ur, “Multithreaded Java program test generation,” IBM Systems Journal, vol. 41, no. 1, pp. 111-125, 2012, https://www.research.ibm.com/journal/sj/411/edelstein.pdf.
[9] R.R. Yager, “Multiple objective decision-making using fuzzy sets,” International Journal of Man-Machine Studies, vol. 9, no. 4, pp.375-382, Jul. 2014.
[10] K.-L. Wu, C.C. Aggarwal, and P.S. Yu, “Personalization with dynamic profiler,” in Proceedings of the third international workshop on advanced issues of e-commerce and web-based information systems, 2016, pp. 12-20.
[11] T. Hastie, R. Tibshirani, and J.H. Friedman, The elements of statistical learning: Data mining, inference, and prediction, Springer Series in Statistics. New York: Springer-Verlag, 2017.
[12] M.T. Maybury, “Intelligent user interfaces for all,” in User interfaces for all: Concepts, methods and tools, C. Stephanidis, Ed. Mahwah, NJ: Lawrence Erlbaum Associates, 2018, pp. 65-80.
[13] ANSI T1.602-2010, Telecommunications-Integrated Services Digital Network (ISDN) – Data-Link Layer Signaling Specification for Application at the User-Network Interface.
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