Secure Login: Provide secure registration, login, and account management for users.
Role-Based Access: Implement role-based access controls for different levels of user access (e.g., basic user, portfolio manager, admin).
Portfolio Management
Portfolio Tracking: Allow users to track and manage multiple portfolios, including current holdings, asset allocation, and performance.
Transaction Management: Enable users to record and manage transactions such as purchases, sales, dividends, and splits.
Performance Analysis
Real-Time Updates: Provide real-time updates on stock prices, portfolio value, and performance metrics.
Performance Metrics: Calculate and display key performance metrics such as ROI (Return on Investment), CAGR (Compound Annual Growth Rate), alpha, beta, and Sharpe ratio.
Asset Allocation and Diversification
Visualization: Provide tools to visualize asset allocation and diversification within the portfolio.
Rebalancing: Allow users to perform portfolio rebalancing to maintain desired asset allocation.
Risk Management
Risk Metrics: Calculate and display risk metrics such as volatility, value at risk (VaR), and beta.
Scenario Analysis: Perform scenario analysis to evaluate the impact of market events or hypothetical scenarios on the portfolio.
Transaction History and Reporting
Transaction Records: Maintain a detailed history of all portfolio transactions.
Custom Reports: Generate custom reports on portfolio performance, transaction history, and asset allocation.
Alerts and Notifications
Price Alerts: Set up alerts for price changes, market news, or portfolio thresholds.
Performance Alerts: Notify users about significant performance changes or anomalies in their portfolios.
Integration with Financial Data Providers
Market Data Integration: Integrate with financial data providers for real-time stock prices, market news, and economic indicators.
Brokerage Integration: Interface with brokerage platforms for real-time trade execution and account information.
User Interface and Experience
Dashboard: Provide an intuitive and customizable dashboard to display key portfolio metrics, charts, and alerts.
Interactive Charts: Offer interactive charts for visualizing stock performance, portfolio allocation, and historical trends.
Portfolio Simulation and Analysis
Simulation Tools: Allow users to simulate hypothetical portfolio changes or investment strategies using historical data.
Strategy Analysis: Analyze the performance of different investment strategies and scenarios.
Data Export and Import
Export Data: Support exporting data to various formats (e.g., CSV, Excel) for external analysis and reporting.
Import Data: Allow importing data from external sources or legacy systems.
Compliance and Security
Regulatory Compliance: Ensure compliance with financial regulations and standards.
Data Security: Implement robust data security measures to protect user information and financial data.
Non-Functional Requirements
Performance
Real-Time Processing: Ensure the system can handle and process real-time market data and transactions efficiently.
Fast Response Times: Provide quick response times for data retrieval, calculations, and report generation.
Scalability
Data Scalability: Scale the system to accommodate increasing amounts of portfolio data and user interactions.
User Scalability: Support a growing number of users and concurrent access.
Availability
High Availability: Ensure high availability with minimal downtime (e.g., 99.9% uptime).
Disaster Recovery: Implement disaster recovery and backup solutions to protect data and ensure continuity.
Security
Data Protection: Secure user data and financial information through encryption and secure access controls.
Compliance: Adhere to data protection regulations and financial industry standards (e.g., GDPR, CCPA).
Usability
User Interface: Design an intuitive and user-friendly interface for ease of navigation and interaction.
Customization: Provide options for users to customize their dashboards and reports.
Compatibility
Cross-Platform Support: Ensure compatibility with various devices (e.g., desktops, tablets, mobile phones) and operating systems.
Integration: Integrate seamlessly with other financial tools and services.
Maintainability
Modular Design: Maintain a modular and well-documented codebase to facilitate updates and maintenance.
Automated Testing: Implement automated testing and continuous integration practices to ensure system stability.
Reliability
Error Handling: Provide robust error handling and recovery mechanisms to minimize system errors and downtime.
Monitoring: Implement monitoring tools to detect and address issues proactively.
Compliance
Regulatory Compliance: Ensure compliance with relevant financial regulations and industry standards.
Data Privacy: Adhere to data privacy regulations and best practices.
Efficiency
Resource Optimization: Optimize resource usage (e.g., memory, processing power) to ensure efficient operation and cost-effectiveness.
Data Processing: Implement efficient data processing and storage practices.
