Functional requirements of Portfolio Tracker with non-functional

Functional Requirements

1. User Management:
   • Registration & Authentication: Allow users to create accounts, log in, and recover passwords. Support multi-factor authentication for added security.
   • Profile Management: Enable users to manage their profiles, including personal information, security settings, and investment preferences.
2. Portfolio Management:
   • Add/Remove Assets: Allow users to add, edit, and remove assets (stocks, bonds, mutual funds, cryptocurrencies, etc.) from their portfolios.
   • Track Transactions: Record and manage transactions, including purchases, sales, and dividends.
   • Portfolio Valuation: Calculate and display the current value of the portfolio, including individual asset values and overall performance.
3. Performance Analysis:
   • Return Calculation: Calculate performance metrics such as total return, annualized return, and gain/loss percentage.
   • Benchmark Comparison: Allow users to compare portfolio performance against relevant benchmarks or indices.
   • Risk Analysis: Provide tools to assess portfolio risk, including volatility, beta, and standard deviation.
4. Reporting and Analytics:
   • Performance Reports: Generate detailed reports on portfolio performance, including historical returns and current holdings.
   • Investment Breakdown: Provide visualizations such as pie charts and bar graphs to show asset allocation and sector exposure.
   • Tax Reporting: Offer tools for tracking capital gains and losses for tax reporting purposes.
5. Market Data Integration:
   • Real-Time Quotes: Provide real-time or near-real-time market quotes and prices for tracked assets.
   • News and Alerts: Integrate with financial news sources to provide updates on market events and relevant news affecting assets.
6. Alerts and Notifications:
   • Price Alerts: Notify users when asset prices reach predefined thresholds.
   • Performance Alerts: Send notifications about significant changes in portfolio performance or asset value.
   • Transaction Notifications: Alert users to transaction confirmations, execution statuses, and any issues.
7. User Interface:
   • Dashboard: Provide a comprehensive dashboard showing key metrics, portfolio overview, and recent activity.
   • Customizable Views: Allow users to customize their dashboard and reporting views according to their preferences.
8. Integration:
   • Financial Accounts: Integrate with external financial institutions or brokerage accounts for automatic data import and synchronization.
   • API Access: Provide APIs for integration with other financial tools, applications, or services.
9. Security:
   • Data Protection: Ensure encryption of sensitive data, including financial information and personal details, both in transit and at rest.
   • Access Control: Implement strong authentication and authorization mechanisms to safeguard user accounts and data.
10. Backup and Recovery:
    • Regular Backups: Implement regular backups of user data, including portfolio information and transaction history.
    • Recovery Procedures: Establish procedures for data recovery and system restoration in case of data loss or corruption.

Non-Functional Requirements

1. Performance:
   • Scalability: Ensure the system can handle increasing numbers of users, assets, and transactions efficiently.
   • Response Time: Maintain quick response times for data retrieval, portfolio updates, and user interactions.
2. Reliability:
   • High Availability: Achieve high availability with minimal downtime to ensure continuous access to the system.
   • Fault Tolerance: Implement mechanisms to handle system failures and ensure uninterrupted service.
3. Security:
   • Data Encryption: Ensure strong encryption for data protection, including financial and personal information.
   • Access Control: Use robust authentication and authorization mechanisms to protect user accounts and data.
   • Compliance: Adhere to relevant data protection regulations (e.g., GDPR, CCPA) to ensure privacy and security.
4. Usability:
   • User Interface: Design an intuitive and user-friendly interface for easy navigation, portfolio management, and reporting.
   • Accessibility: Ensure the system is accessible to users with disabilities, following guidelines such as WCAG (Web Content Accessibility Guidelines).
5. Maintainability:
   • Code Quality: Maintain high code quality and follow best practices to facilitate system updates and maintenance.
   • Documentation: Provide comprehensive documentation for users and developers, including user manuals, API documentation, and system guides.
6. Support:
   • Customer Service: Offer timely and effective support through various channels, such as live chat, email, and phone.
   • Help Center: Maintain a knowledge base or help center with FAQs, guides, and troubleshooting information.
7. Compatibility:
   • Cross-Browser Support: Ensure compatibility with major web browsers (e.g., Chrome, Firefox, Safari).
   • Mobile Responsiveness: Design the system to be fully functional on mobile devices, providing a seamless experience across platforms.
8. Backup and Recovery:
   • Regular Backups: Implement regular backups of data, including portfolio and transaction information, to prevent loss.
   • Recovery Procedures: Establish procedures for data recovery and system restoration to handle data loss or corruption.
9. Integration:
   • Interoperability: Ensure the system can integrate seamlessly with other financial tools, databases, and external services.
   • API Flexibility: Provide flexible APIs to accommodate various integration needs with external systems.
10. Data Quality:
    • Accuracy: Ensure the accuracy and reliability of financial data, performance metrics, and reporting.
    • Timeliness: Provide timely updates to reflect current market conditions, asset prices, and portfolio performance.