Sunshine State Share Dealing Limited (SSSDL) Support System Essay

Sunshine State Share Dealing Limited (SSSDL) Support System Development - Essay Example This research will offer a deep insight into the system’s business and IT-based aspects. This paper will also outline some opportunities and challenges that Sunshine State has faced in the development of the system. During the system development for the Sunshine State Share Dealing Limited (SSSDL) business, the management has faced a lot of problems and challenges. The new project at the Sunshine State is about handling and managing its large business departments. In this scenario, the business has faced a lot of challenges regarding this system implementation. In this scenario, the main challenge is about the software development that was essential to support all the business processes. Additionally, in this large size project the basic challenge was to meet the needs and requirements of all the type of system users, for instance, management, customers, and working staff. In addition, the new system was indented to fulfill all the working aspects of users, since this system was a multi-site, multi-supplier, multi-system project. Moreover, another main challenge was to meet the project deadline that simply could not be missed. Thus, all these challenges and issues made this project more sensitiv e to manage and develop. This section outlines some of the key factors in the successful development of the Share Dealing system. Sunshine State Share Dealing Limited deals with more than 5 million customers and covers around 20% of the Australian mortgage market. Thus, to manage such a large size business the manual and paper-based techniques were not helpful. In this scenario, Sunshine State Share Dealing Limited was also competing on an equal footing with the existing 4 major banks and to raise the capital they decided to abandon their traditional mutual status. In this working environment, the business was not able to gain a better competitive edge and effective market through the traditional ways of working and business management technology.