By Jessica Keyes
The calculus of IT help for the banking, securities, and coverage industries has replaced dramatically and quickly during the last few years. Consolidation and deregulation are growing possibilities and demanding situations by no means earlier than noticeable. exceptional quite a few years in the past, e-commerce has given delivery to new infrastructures and departments had to aid them. And the Internet/Intranet/Extranet triple-whammy is the main severe part of most monetary IT retailers. whilst, new clever brokers stand able to tackle such diversified services as client profiling and knowledge mining.Get a deal with on these kind of new and more moderen ripples with monetary providers details structures. the following, during this exhaustive new consultant and reference e-book, guru Jessica Keyes supplies the no-nonsense scoop on not only the attempted and real IT instruments of at the present time, but additionally the up-and-coming "hot" applied sciences of the next day to come, and the way to plot for them.Financial companies details structures addresses demanding situations and options linked with:supporting the self-service revolution by means of servicing kiosks and ATMs successfully and economically,straight-through processing for the securities industry,outsourcing company communications within the assurance industry,distributed integration as an economical substitute to information warehousing, andputting inbound fax automation to paintings in monetary businesses.
Read Online or Download Financial Services Information Systems (Best Practices Series (Boca Raton, Fla.).) PDF
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Extra info for Financial Services Information Systems (Best Practices Series (Boca Raton, Fla.).)
TYPICAL QUALITY FACTOR TRADE-OFFS Integrity vs. efﬁciency — The additional code and processing required to control the access of the software or data usually lengthens run-time and requires additional storage. Useability vs. efﬁciency — The additional code and processing required to ease an operator’s tasks or provide more usable output usually lengthens run-time and increases storage. Maintainability vs. efﬁciency — Optimized code increases maintainer’s efforts. ; however, increases overhead. Testability vs.
CORBIN’S METHODOLOGY FOR ESTABLISHING A SOFTWARE DEVELOPMENT ENVIRONMENT9 The Software Development Environment (SDE) is actually the integration of a number of processes, tools, standards, methodologies, and related elements whose purpose is to provide a framework for building quality software. This section discusses the elements of SDE and shows how to develop one. The Elements of SDE Project management Business plan Architecture Methodologies Techniques Tools Metrics Policies and procedures 26 The “Must-Have” Guide to Total Quality for the Financial Services Manager Technology platform Support Standards Education and training The Beneﬁts of SDE Improved problem deﬁnition Selection of the “right” problem according to the customer Joint customer/IS responsibility and accountability Acknowledgment of customer ownership of system Reduced costs of systems development and maintenance Reusability of software, models, and data deﬁnitions Acceptance of the disciplined approach to software engineering using a consistent methodology Productivity improvements through team efforts and tools such as CASE Sample Goals of SDE Reduce systems development costs Reduce maintenance costs Reduce MIS turnover rate These goals should be quantiﬁable wherever possible.
Productivity of individual programmers varies as much as 26 to 1. 8. An individual working alone has no interruptions from fellow group members and, therefore, the productivity can be quite high for a motivated individual. It is estimated that one programmer working 60 hours a week can complete a project in the same calendar time as two others working normal hours, but at three-quarters of the cost. 30 The “Must-Have” Guide to Total Quality for the Financial Services Manager 9. Small groups of experienced and productive software developers can create large systems.