Incremental systems development-a case study

ABSTRACT

When Skandinaviska Enskilda Banken started trading bond options a pronounced need for a computerized trading support system arose. As the market changed, the demands on the system changed too, forcing it to evolve in several successive steps. The system described went through being an arbitrage system, a system for price quoting and ended up as a bona fide trading system, doing all of the above and keeping track of all trading, including multiple concurrent users and portfolios

INDEX TERMS

Primary Classification:
  J. Computer Applications
  J.1 ADMINISTRATIVE DATA PROCESSING
      Subjects: Financial (e.g., EFTS)

Additional Classification:
  D. Software
  D.3 PROGRAMMING LANGUAGES
      D.3.2 Language Classifications

          Nouns: APL

  G. Mathematics of Computing
  G.3 PROBABILITY AND STATISTICS
      Subjects: Statistical computing

  K. Computing Milieux
  K.6 MANAGEMENT OF COMPUTING AND INFORMATION SYSTEMS
      K.6.1 Project and People Management
          Subjects: Systems development

General Terms:
Design, Languages, Management