11-12-2012, 12:02 PM
Financial Resource and Real Assets Management (FRAM)
Financial Resource.docx (Size: 95.7 KB / Downloads: 24)
Introduction
Purpose:
Financial Resource and Real Assets Management (FRAM) is intended to help the user
keep account of his/her money invested in institutions such as Banks and Share
Market.
This document is meant to delineate the features of FRAM, so as to serve as a
guide to the developers on one hand and a software validation document for the
prospective client on the other.
We describe what features are in the scope of the software and what are not in
the scope of the software to be developed.
In Scope:
a. Managing investment of a single user, which would include maintaining
bookkeeping information about entities like Portfolio, Security, and
Transaction.
b. Computation of Net-Worth and Rate of Investment (ROI) of the Investor.
c. Giving alerts to the user, if he requests for one.
Definitions, Acronyms, and Abbreviations:
Acronyms and Abbreviations:
a. FRAM: Financial Resource and Real Assets Management.
b. SRS: Software Requirements Specification.
c. WWW: World Wide Web.
d. GUI: Graphical User Interface.
e. ROI: Rate of Investment.
Definitions:
a. Transaction: A real event that involves flow of personal money. In the context
of shares, it is buying/selling a group of shares of the same company, and in
context of Bank it is deposit/withdrawal of money to/from one’s account.
b. Security: A set of all transactions pertaining to a company share or a bank
account.
c. Portfolio: A set of Securities.
d. Net-Worth: The sum total of all the money of the investor in form of shares
and bank balances.
e. ROI: The interest that user gets on a particular investment. In the context of a
bank account it is the annual interest and in case of a company share it is
defined as given in appendix A:
Overview:
The rest of this SRS is organized as follows: Section 2 gives an overall description
of the software. It gives what level of proficiency is expected of the user, some
general constraints while making the software and some assumptions and
dependencies that are assumed. Section 3 gives specific requirements which the
software is expected to deliver. Functional requirements are given by various use
cases. Some performance requirements and design constraints are also given.
Section 4 gives some possible future extensions of the system. Finally the
appendices in Section 5 describe respectively the formula for ROI calculation for shares.
Overall Description:
Product Perspective:
FRAM is aimed toward a person who has considerable number of investments in
stock market and banks, and so needs software assistance for book keeping and
computations regarding the investments. PIMS should be user-friendly, ‘quick to
learn’ and reliable software for the above purpose.
FRAM is intended to be a stand-alone product and should not depend on the
availability of other software. It should run on Windows based
platform.
Functional Requirements:
• The system will allow users to enter the simulation mode and select one of the predefined inflation/deflation modes.
• The system will always work with the current Inflation rate as applicable in the country. In order to achieve this, the system will have to try to fetch the current inflation rate from external pre-designated data sources on a periodic basis.
• The system will have UI screens through which the user can enter his gross income (before-tax income).