Sunshine State Share Dealing Service Example

Sunshine State Share Dealing Service Example Sunshine State Share Dealing Service â€" Case Study Example > Sunshine State Share Dealing ServiceIntroductionSunshine faced very many problems in the development of a management of Information Systems Development. To begin with the number of activities to be carried out is enormous due to the large number of clients. The current number of customers and the account records were very many and still in a mess. The files to be included in the system were separate for both the Sunshine State and Tropic of Capricorn Permanent. Another problem is that the details held by a customer in relation to their accounts varied. Accounts which were held by the same individual and differed at terms of the name of the account, addresses and ages though they belonged to one person. The Share dealing system was also a success in Sunshine state. About 5.5 million people would be allotted shares and it was calculated that almost 2 million of those would be able to sell the orders during the first day. The service enabled the members to trade in their shares witho ut instructions advice or recommendations to customers. Due to the volume of shares that were handled in each particular day, it was impossible for the firm to handle share allotment in the traditional way which was the paper based system. The share dealing system was not only efficient and fast but also sixteen million dollars cheaper compared to the paper system. Sunshine State Share Dealing Limited (SSSDL)Sunshine State Share Dealing Limited (SSSDL) share dealing system was a system that was developed by Sunshine State by them. The Sunshine State Share Dealing Limited (SSSDL) was developed on the basis of Rockhampton. Several people were appointed into the new firm including the IT project manager for Sunshine State Share Dealing Limited (SSSDL). The IT project manager came to be known as Systems Manager of SSSDL. Another important person that was hired and appointed for the SSSDL was the Managing director of SSSDL. The appointed managing director was experienced in that field since the person appointed was Lisa Kerry-Curry from Share Trade. Costs and benefits of Share Dealing systemThe Share Dealing system was a success to the organization in many ways. The service was easy for the members to understand and use in their operations. The great majority of the individuals who were allotted shares were not experienced in terms of handling of shares and was therefore necessary to adopt an easier method that they could use in their operations. The Share Dealing system was such a method. The method was able to explain all the confusing terminologies, processes or even procedures in the buying and selling of shares and was thus the ideal method for the traders. The Share Dealing system was also a success since it established a probability of further developing and enhancing the operations of the organization since it was possible to convert share dealing and other related activities into new revenue generating By supporting various channels such as the internet , Digital TV and WAP phones, it was possible to venture into other business fields. The SSSDL incorporated all the systems and software enhancement that were necessary to support its processes. The Share Dealing system was also successful in eliminating paper work which was cumbersome, time consuming and expensive to the organization. The Share Dealing System was a success to the organization with the major investment being the recruitment of all the staff and experts required to learn the system.