About Allure Investments Pty Ltd
For the development of the portfolio management system and analysis is made on the current framework of the organization and the requirement of the project is identified. The system acts as a single access point to the client and it is needed to be integrated with different functionality such that the portfolio managers can easily get a comprehensive view of the client and the investment information that are need to be analysed and managing the decision for taking decisions for investment.
For the development of the portfolio management system the following scope of the project is identified such as:
- Finding alternatives for investment and manage different types of assets that are currently not handled by the organization.
- Analysis of the risk that are associated with the development of the system and finding role of market and financial market for analysing the investments.
- Selection of an appropriate software development methodology and serving the system as a data aggregator.
- Process multiple files and process at a time and reduce the complexity of management of the process for increasing the efficiency of the company
An analysis is made on the feasibility for the development of the project and for the analysis a project team should be created with a team leader for the management of the operation of the team members. A preliminary investigation should be made using different fact finding techniques such as creating a flow chart of the system and identifying the deficiency of the current system. A set of objective should be developed for the new information system and a software development methodology should be selected for starting the development of the project. The technical feasibility and the economic feasibility of the project should be analysed for identification of the responsible personnel and ensuring that the project is feasible for the organization.
i. Functional
The following are the list of functional requirement that are needed to be included for the development of portfolio management system:
- To select an appropriate software development methodology for starting the development of the information system.
- To eliminate the current manual process and automate some of the business process for serving more number of customer and improve the service provided to them.
- To eliminate the contains and barriers in the current system and application of regulatory standard and new features in the subsystem.
ii. Non-Functional
- Security – The bank account details of the clients and the other personal information should be secured from external agents.
- Reliability – The system should show accurate information and the backlog constraint should be eliminated for development of the framework
- Performance – The system should show real time information from the Australian stock exchange and update the system such that no data is lost
- Maintainability – The system should be less expensive to use and the errors in the system should be recovered in a minimum time frame
- Scalability – The system should be developed such that it is allowed to integrate new features without affecting the performance of the system.
- Usability – The interface of the application should be user friendly and the user should not face any difficulty while using the portfolio management system.
For the development of the system it is assumed that all the resources essential for the development of the information system would be available to the development team. The system should be usable and should response to the query of the user and help the managers to take appropriate decision.
i. Use Case Diagram
ii. Use Case Descriptions
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Description |
The portfolio management system would benefit the client and the organization to improve the quality of service and record all the investment details made by the client. The records of stock exchange are retrieved for the management of the stock portfolios. Here the investors are the client and they can view the portfolio by registering with the information system and logging into their account. The investor are provided with the option for editing the layout of their portal and setting preference for investing the funds in a particular field. The portal helps in reducing the manual works and the user can search for the trading history from the portal and the admin is responsible for the management of the accounts. |
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Primary actor |
The main actor for the information system are the investor and admin since they are directly associated with the information system. |
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Secondary actor |
The secondary actors is the exchange service from where the stock exchange data is retrieved and used for taking decision and investing in the right place. |
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Pre-conditions |
For using the information system the investor need to register with the system by filling up a form with the details of the customer. The user have to successfully log into the information system by validating the username and password. |
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Post-conditions |
1. The customer needs to add money in their account for investing and the bank account is also needed to be linked with the portal for transferring the profit directly to the account. 2. The client can contact with the managers from the information system and seek for support and take decision on their own for investing in the right field. 3. The admin can track the detailed records of each of the client from the information system and contact the client if any vulnerable decision is taken by the client. 4. The client can be assisted such that they make proper investment in the volatile market for gaining more profit. |
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Main flows |
1. The primary users are needed to register with the information system for accessing the different service provided by the system. 2. The admin have the functionality to manage the accessibility and access all the records of the client registered with the system. 3. The admin has the responsibility to update the customer with ne information and have better communication between the system and the client for reducing the response time. 4. The stock market price should be updated into the system and available to the user and manager for taking decision and make equity investment. 5. The selling and buying process is needed to be transparent to the client and the records should be maintained for the management of equity levels. 6. The user is needed to be alerted before the due date of payment and suggesting decision for investing in a selected field. 7. The fund manager is responsible to distributing the profit percentage to its customer and calculate the tax payable and holding the shares of different companied. |
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Alternative flows |
To manually calculate the tax and get information from the user for colligating with the software systems. |
i. Leveled Set of Functional Models
Clark, Richelle and Laura Misener, “Understanding Urban Development Through A Sport Events Portfolio: A Case Study Of London, Ontario” (2015) 29(1) Journal of Sport Management
Kiehelä, Sami and Heidi Falkenbach, “Performance Of Non-Core Private Equity Real Estate Funds:A European View” (2015) 41(5) The Journal of Portfolio Management
Koraneekij, Prakob and Jintavee Khlaisang, “Development Of E-Portfolio Management System Towards Thai Qualifications Framework For Higher Education” (2015) 174 Procedia – Social and Behavioral Sciences
Songsangyos, Pradit, “The Decision Support System For Hierarchical Portfolio Management” (2014) 4(4) International Journal of Information and Education Technology
Stentoft Arlbjørn, Jan, Per Vagn Freytag and Lisa Thoms, “Portfolio Management Of Development Projects In Danish Municipalities” (2015) 28(1) International Journal of Public Sector Management
Teti, Emanuele et al, “Corporate Social Performance And Portfolio Management” (2015) 34(9) Journal of Management Development
Thomas, Jason M., “Structural Relationships And Portfolio Efficiency” (2015) 42(1) The Journal of Portfolio Management
Zakamulin, Valeriy, “Optimal Dynamic Portfolio Risk Management” [2016] The Journal of Portfolio Management
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