Financial Services Information Systems - Market Research and Cost Analysis

Financial Services Information Systems
Name of the Student:
Name of the University:
Author’s Note:
Course ID:

 Since the intention of the bank is to buy a
software product so that it could implement
a new application, it is necessary to conduct
market research for choosing among the
available products.
 After conduction of adequate market
research, three products have been
identified.
 They include Product A, Product B and
Product C.
Facts of the case:

 There would be five sub-products for Product
A and the cost of different end-users would
change based on the numbers and
requirement of CPUs.
 The number of users would vary in Product B
as well; however, it does not require CPUs
and disaster recovery site license; however,
there is need for customisation fee.
 For Product C, the subscription would be
license-based and customisation fee is
needed as well.
Facts of the case
(Continued):

Figure showing total cost for five
years for the three products:
100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 950 1000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
Product-Wise Total Cost for 5 Years
Product A Product B Product C
Number of End-Users
Total Cost