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- W2484955897 abstract "This chapter presents an overview of the Stage 3 of the development of trading and investment systems. This stage accomplishes the transformation task, turning the specifications of the trading/investment system into software and hardware, where the design of the trading system from previous stages becomes the specification requirements for the software design. At this stage, the task of building software and hardware components of the trading/investment system include a development team in addition to the product team. The lead programmer/IT member of the product team manages this somewhat agile development team, which will engage in test-driven development. The financial engineers from the product team over the course of Stage 3 manage software quality assurance of business tier software. The traders from the product team perform and/or oversee quality assurance over GUI, integration, and reporting mechanisms, as well as run user-acceptance tests. The marketing person from the product team writes or oversees the writing of the user documentation for the software. Addition of a risk manager, who will learn the specifics of the trading/investment system and be able to recommend how best to build out the risk management functions and reporting requirements, is also recommended. A development team develops software iteratively, and this iterative development dramatically increases feedback versus sequential development, providing closer communication between the product team and the development team." @default.
- W2484955897 created "2016-08-23" @default.
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- W2484955897 date "2008-01-01" @default.
- W2484955897 modified "2023-09-26" @default.
- W2484955897 title "STAGE 3: Overview" @default.
- W2484955897 doi "https://doi.org/10.1016/b978-0-12-372549-3.00019-7" @default.
- W2484955897 hasPublicationYear "2008" @default.
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