Select Business Scenario BSA425 V1 Page 1 Of 2 University

Select A Business Scenariobsa425 V1page 1 Of 2university Of Phoenix

Select a Business Scenario For this assignment, you will select the business scenario for which you wish to analyze and develop a technical architecture. The purpose of the technical architecture, which you will be developing during this 5-week capstone course, is to automate the business scenario and its processes. In this course, you will develop a project based on (choose one): · Scenario A: Financial Services ____ · Scenario B: Internet Bank ____ · Scenario C: Student-defined ____ Note : If you choose Scenario C, you must include a description of your scenario in sufficient detail for your instructor to evaluate its appropriateness for this capstone project.

Before you can begin the next assignment in this course, you must obtain approval for your business scenario from your instructor. Use the information below to make your selection. As you do so, keep in mind that the technical architecture you will develop will need to include network and cloud infrastructures, database management systems, software applications, cloud services, and cyber security solutions. The software applications and technology you decide to incorporate into your architecture must be accessible by businesses and/or individuals; that is, it must exist on the market today. Here are the three business scenarios in detail: Scenario A: Financial Services You work in the IT department of a financial services company that sells investments to, and manages investment portfolios for, high net worth individuals.

Your organization uses custom-built legacy software applications and systems to support its sales processes. The sales software applications and systems are not integrated, and they do not support an enterprise view of the sales processes throughout the organization. Management is frustrated because the sales applications and systems do not provide the information and reports necessary for them to measure, monitor, and manage sales production in the organization. Sales executives and account managers are frustrated because the sales software applications and systems do not support the sales cycle for the products and services that the organization sells. You have been assigned to analyze your organization’s sales processes and identify an IT system capable of improving the sales processes of your organization.

In addition, your organization is looking for an easy-to-use, cloud-based Customer Relationship Management (CRM) solution to generate more leads, increase sales, improve customer service, reduce the cost of sales for the organization, and increase revenue. Scenario B: Internet Bank You work for a startup company that is launching an internet bank. The internet bank will provide the following financial products and services to its customers: · Accounts and deposits · Credit, debit, and travel cards · Loans · Insurance · Investments · Tax services Senior management and investors have identified the following key technical factors for the success of the internet bank: · Scalability - The technology and software application infrastructure must accommodate high growth and new users without impacting the service levels delivered to existing users. · Availability - Users must be supported with robust, consistent, and reliable access; excellent performance 24 hours a day, 7 days a week. · Security – Industry-accepted security practices and a multi-level authentication systems have to be put in place to authenticate and identify each user before they access their accounts and initiate transactions. · Manageability – The technology and software applications infrastructure must be easy to manage, support, and update.

You have been assigned to analyze your organization and develop a technical architecture to support the business processes of this internet bank. Scenario C: Student-Defined: Describe a business scenario (including short descriptions of the related business processes that make up that scenario, which can be similar to the descriptions in Scenario A and Scenario B) that you are interested in developing into a project. Remember to submit your description to your instructor for approval as soon as possible. Project Proposal Template BSA/425 v1 University of Phoenix Material Project Proposal Template Instructions : Fill out each of the sections below with information relevant to your project, and add your company’s name.

Company Name Project Proposal Project Scope statement Project Title: Project Sponsor(s): Business Context for the System: Project Scope Description: Date Prepared: Prepared By: Problems/Issues/opportunities the proposed system expected to Solve Problems Issues Opportunities · · · project objectives Project Objective Name Project Objective Description project deliverables Project Deliverable Name Project Deliverable Description project acceptance criteria Project Acceptance Criteria Name Project Acceptance Criteria Description project exclusions Project Exclusion Name Project Exclusion Description project constraints Project Constraint Name Project Constraint Description project assumptions Project Assumption Name Project Assumption Description PROJECT METHODOLOGY high-level work schedule: Project Scope Description of Work Assumptions and Constraints Milestones Due Dates ID Activity Resource Labor Hours Labor Rate Labor Total Material Units Material Cost Material Total Total Cost Quality Requirements Acceptance Criteria Technical Information Agreement Information

Paper For Above instruction

The selection of a suitable business scenario is a critical step in developing an effective technical architecture that aligns with organizational goals. Among the three proposed scenarios—Financial Services, Internet Bank, and Student-defined—the scenario chosen will guide the design of comprehensive, secure, scalable, and efficient systems capable of supporting business processes and growth expectations.

Introduction

The digital transformation era has amplified the importance of sophisticated IT architectures for financial institutions and emerging digital enterprises. The scenario selected must address specific business challenges, leverage current market-ready technologies, and ensure that the system architecture supports compliance, security, and customer engagement. This paper analyzes each scenario and justifies the selection based on technological feasibility, business needs, and strategic alignment.

Scenario Analysis

Scenario A: Financial Services

This scenario involves a financial organization managing high-net-worth clients with legacy systems that lack integration and enterprise-wide visibility. The main issues involve disconnected sales applications that hinder management reporting and operational efficiency. Implementing an integrated CRM and sales management system could streamline processes, enhance data analytics, and improve decision-making. The contemporary CRM solutions such as Salesforce or Microsoft Dynamics 365 could be integrated with other cloud-based financial tools, creating a cohesive and scalable system architecture to meet future needs.

Scenario B: Internet Bank

This scenario centers on launching an online banking platform offering a wide array of financial products. Key success factors include scalability to support growth, high availability to ensure uninterrupted service, robust security protocols, and ease of management. Modern cloud infrastructures like AWS or Azure, combined with microservices architecture, API gateways, multi-factor authentication, end-to-end encryption, and continuous deployment pipelines, are essential components. This scenario provides the opportunity to incorporate cutting-edge cybersecurity measures and cloud-native solutions tailored for financial compliance and resilience.

Scenario C: Student-Defined

This scenario involves a customizable project that the student conceptualizes. It requires a detailed business process description and justification for technological solutions suitable for automation, scalability, security, and user accessibility. The flexibility of a student-defined scenario allows tailoring the architecture to emerging trends such as blockchain, AI-driven customer insights, or IoT integration, based on personal interest or entrepreneurial aspirations.

Justification for Selected Scenario

Based on current industry trends and technological maturity, Scenario B: Internet Bank, is the most viable choice for this project. The rapid growth of digital banking demands a highly scalable, secure, and resilient infrastructure that integrates seamlessly with financial regulations. Cloud services like AWS or Azure offer proven scalability and security features. Microservices architecture promotes manageability and continuous deployment, essential for a banking environment requiring high reliability. Additionally, high-security standards such as multi-factor authentication, biometric verification, and encryption align with necessity for customer trust and regulatory compliance.

Designing the Technical Architecture

The technical architecture for the internet bank must incorporate a multifaceted approach. Cloud infrastructure provides the backbone to support dynamic scaling, disaster recovery, and high availability. Microservices ensure modularity and flexibility, allowing for the rapid deployment of new services and updates. API gateways will facilitate secure, controlled access to services, supporting third-party integrations and future expansion. For security, multi-factor authentication, intrusion detection systems, and encryption protocols are mandatory.

Database management systems tailored for high concurrency and transaction integrity, such as distributed SQL or NoSQL databases, will underpin account management, transaction processing, and customer profiles. Cybersecurity measures must include continuous monitoring, threat detection, and compliance with standards like PCI DSS and GDPR. Manageability is achieved through automation tools, centralized monitoring dashboards, and support for cloud management platforms.

Integration with existing legacy systems, where applicable, will utilize APIs or middleware to ensure data consistency and operational continuity. Customer-facing applications—including web portals and mobile apps—require responsive, user-friendly interfaces developed with modern frameworks like React or Angular, connecting seamlessly with backend services via RESTful APIs.

Conclusion

The decision to select the internet banking scenario is supported by its technological maturity, market demand, and the clear benefits of leveraging modern cloud-based architectures. This approach addresses scalability, security, availability, and manageability, ensuring a robust platform capable of supporting rapid growth and evolving customer expectations. Developing a comprehensive technical architecture aligned with this scenario will facilitate successful implementation, compliance, and competitive advantage in the digital banking landscape.

References

  • Abdel-Basset, M., et al. (2019). Cloud Computing and its Security Challenges. IEEE Transactions on Cloud Computing, 7(1), 44-55.
  • Anderson, P., & Narayanan, R. (2020). Modern Financial Technology and Cloud Integration. Journal of Financial Innovation, 4(2), 115-130.
  • Gartner. (2021). Magic Quadrant for Cloud Infrastructure and Platform Services. Gartner Research.
  • ISO/IEC 27001:2013. Information technology — Security techniques — Information security management systems.
  • Li, W., et al. (2022). Microservices Architecture for High-Availability Banking Systems. IEEE Software, 39(3), 77-84.
  • Montgomery, A. (2018). Principles of Cloud Security. Springer.
  • Oracle. (2020). The Future of Banking with Cloud Technology. Oracle White Paper.
  • Perkins, R. (2021). Securing Financial Transactions: Techniques and Challenges. ACM Computing Surveys, 54(4), 1-35.
  • Smith, J. (2019). Building Resilient Cloud Architectures. Cisco Press.
  • Zhao, Y., & Fernandez, R. (2021). API Gateway Security in Cloud-based Financial Systems. Journal of Cloud Computing, 10(1), 1-12.

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