Objective
DIVIDEND has three primary aims:
. to produce a user functional requirements specification for the use of the IBCN within the banking sector
. to determine the best use of the proposed IBCN and its related technology to meet the user requirements
. to verify and evaluate as many as possible of the user requirements by means of an application pilot. This will involve taking the user functional requirements specification and producing a 'best fit' application pilot.
The research had 3 primary aims:
to produce a user functional requirements specification for the use of the integrated broadband communications network (IBCN) within the banking sector;
to determine the best use of the proposed IBCNand its related technology to meet user requirements;
to verify and evaluate as many user requirements as possible by taking the user functional requirements specification and producing a best fit application pilot.
The research has:
produced 3 issues of the user functional requirements specification for the use of advanced communications in the banking sector;
implemented a rapid prototyping trial of video communications in the dealing rooms of the banking partners;
designed and implemented the application pilot including user terminal and communication interfaces;
defined evaluation and assessment criteria;
brought together major players in the banking and telecommunications worlds.
Technical Approach
The technical approach consists of the following steps:
. Identification of user requirements through the use of questionnaires, interviews and the implementation of a rapid prototyping trial.
. Design of an application pilot based on the use of existing, stable technology with which the users are, wherever possible, already familiar. The primary aim is to test the applications, not the technology.
. Preparation of an implementation plan and definition of evaluation and assessment criteria.
. Implementation of pilot application.
. Assessment of results.
Key Issues
. User functional requirements.
. Available hardware and software.
. Evaluation of pilot.
Achievements
The project has already:
. Produced three issues of the user functional requirements specification for the use of advanced communications in the banking sector. This specification is the baseline document for the collection of the project's results and will be updated annually to incorporate new findings.
. Implemented a rapid prototyping trial of video communications in the dealing rooms of the banking partners.
. Designed and implemented the application pilot including user terminal and communication interfaces. The terminal is a PC based multimedia terminal incorporating videotelephony, database access and other PC applications in a windowing environment.
. Defined evaluation and assessment criteria.
. Brought together major players in the Banking and telecommunications worlds.
The work has resulted in four published papers so far.
Expected Impact
DIVIDEND will show the need for broadband communications and new sophisticated services in the banking sector.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- natural sciences computer and information sciences databases
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
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Coordinator
CM17 9NA Harlow
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.