Measuring the Development Performance of Integrated Computer Aided Software Engineering (ICASE): A Synthesis of Field Study Results from The First Boston Corporation

• Main Authors: BANKER, Rajiv D., KAUFFMAN, Robert J.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1993
• Subjects: computer aided software engineering tool; case study; Computer Sciences; Management Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/2788; http://doi.org/10.1007/978-3-642-77795-0
• Institution: Singapore Management University

The First Boston Corporation, a large investment bank in New York City, began to build its own integrated computer aided software engineering (I-CASE) tool in 1986. This decision was made following a comprehensive survey of the market for CASE tools available at that time. This resulted in a determination that there would be no tools commercially available within the next few years that would: (1) enable cost-effective expansion of the firm’s current applications to support the demand for increased financial market trades processing in a 24-hour a day, global market; (2) create high functionality, multi-tiered cooperative processing applications that efficiently utilize the power and flexibility of -- microcomputers and engineering workstations on the trading platform; fault-tolerant minicomputers for intraday trades processing and a link to the financial markets; mainframe computers for current account and firm securities inventory management, and historical database queries to support trading analytics; and, (3) further control costs by paring down the overall level of developer expertise that needed to be brought together to create the firm’s applications.