Software Engineering Stack Exchange
Software Engineering Stack Exchange

Questions tagged [financial]

33 questions
46
votes
7 answers

Is there a design pattern that would apply to discount models?

Are there any known design patterns for implementing discount models? By discount models, I mean the following: If a customer buys Product X, Product Y and Product Z he gets a discount of 10% or $100. If a customer buys 100 units of Product X, he…
Kanini
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8 answers

How are open-source projects able to sustain themselves?

I always had this question in mind but couldn't find a proper place to ask. There are some really nice and great open source free software available on the net. How do these products sustain themselves financially? It is one thing writing a small…
Naveen
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15
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7 answers

What special considerations are needed when designing databases to hold financial records?

I hope this question isn't too broad. In the future I may need to add some accounting and financial-tracking systems to some applications (mostly web-based applications, but my questions pertains to desktop apps as well). Now, creating a simple…
Joshua Carmody
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14
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5 answers

Agile software development: How do you react *financially* to changing user requirements?

There's one thing I've always wondered when reading about all this "agile development" stuff here on SE and other sites: In "traditional" software engineering, you collect the user's requirements, write a specification based on these…
Heinzi
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12
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3 answers

Are there Negative Impact of opensource on commercial environment?

My company has a very broad range of products and there are a few that are not strategic to us so I wanted to open source them (so we can focus on what makes us unique and open source the products that every firm has). Our industry(hedgefund) does…
Lostsoul
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6 answers

Other than for legacy software, are there reasons for using COBOL?

COBOL is still (heavily?) used for financial computing. It is an old language, and AFAIK most programmers hate, or at least dislike, COBOL. This brings a question: is the only reason COBOL is still used that legacy software uses it, or does it have…
Anto
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4 answers

Programming Language most relevant to the Financial sector?

I am a freshman in college and doing a software engineering/ finance double major. I've been learning programming on my own and have a good bit of familiarity with php by now. I was wondering what you guys think the most relevant programming…
NoviceCoding
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9
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1 answer

Micro finance in the programming industry

I've read quite a bit about the positive effects of micro finance in developing countries. Organizations exist that solicit capital from donations and then make micro loans to people for the purpose of setting up some kind of business. The loans are…
Tim Post
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4 answers

How are account balances persisted

I am currently building a finance application that contains "accounts" Each account has a balance that is dynamically generated based on platform charges vs payments. e.g simplified example. $account->balance =…
Daniel Benzie
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8
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4 answers

To refund or not to refund this client?

I'd really appreciate your advice on an ongoing project. I presented my client with a proposal and design samples which he approved, and he paid in full instead of the 50% upfront deposit as I'd given him a generous discount. He was then slow in…
Malka S
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2 answers

Are bank transactions run with DB transactions?

The classic example for a transaction is withdrawing money from a savings account and depositing it to a checking account in the same bank. Yet I have the suspicion that DB transactions are actually not used for such examples, but rather that…
Joshua Fox
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6 answers

Is the financial sector any different from other sectors in terms of language fragmentation?

Language Choices of Large Corporations Having spent almost 12 years working in the financial sector, at both large and small companies, my overriding impression, with the exception of Goldman Sachs, is that fragmentation (or, putting a more positive…
oxbow_lakes
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4 answers

What are some approaches used in financial applications to prevent deposit/withdrawal sync problems?

I am currently facing a problem with an application that has deposit/withdraw functionality. The underlying database (Cassandra) offers no read/write locks. Now suppose user A has deposited 100$ in his account, He can use this credit to send…
Sam
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2 answers

What is the required background to apply Machine Learning to Finance?

I'm interested in machine learning in relations to the stock market (predicting future values of stocks etc). What topics would I need to learn - e.g. what branch of AI to look into etc? and what libraries/tools do I need?
Dzhu
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4 answers

Business knowledge in a large financial org?

As a programmer working in the finance industry, I recently got a project that is a hedge fund adminsitrative application(used to calculate NAVs, allocate assets etc.) From a business point of view this is a good thing. When we think of our 'next'…
Kaushik
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