Preface
Purpose
The purpose of this document is to detail the description of the Real Time (Active) Fraud Detection in Banking Transactions (FDBT) Project. This document is a key project artifact and is used during the design, construction, and rollout phases.
Scope
The objective of this project report is to capture the functional and non-functional requirements for the Real Time FDBT project. This report lists out the complete system requirements and design architecture of the project.
The requirements contained herein will include, but not be limited to:
Capabilities or system functionality – What a system does, to include, but not be limited to:
Interfaces (internal and external hardware)
Business Rules
Data source and destination
Exact sequence of operations and the algorithms used in those operations
Triggers or stimuli to initiate operations or to force a change in state
Error handling, recovery and responses to abnormal situations
Validity checks
Input/output sequences and conversion algorithms
Frequency of use and update
Constraints- Limitation imposed on the solution by circumstance, force or compulsion to include, but not be limited to:
Design constraints based on TrinucInc IT Standards
Control and Governance constraints (internal and external)
Non-functional requirements to include, but not be limited to:
Performance Requirements, Usability
Quality Requirements (audibility, reliability, maintainability, etc.)
Business Continuity, Operational Support
Security and Control and Training
Introduction
Background
According to the National Check Fraud Center in Charleston, South Carolina, bank fraud alone is a $10 billion a year probl ...