Learn more
No work was submitted before the submission deadline. You will not be able to evaluate the work of your peers or receive an evaluation.

The Company: Klew Loess & Associates

New Idea: AgregGREAT!

Ñ  HackMeCo financial subsidiary.

Ó  Original Business Plan: Medicare Fraud Prevention

Ñ  New Idea: AgregGREAT!

Ó  Customers give us all of their financial portal login information (banks, brokerages, credit unions, credit reporting agencies), we login for them, get their information and present it in a useful way

Ó  Profit!

 

Some Assumptions

Ñ  There are no laws preventing the new idea

Ñ  AgregGREAT! Has been discussed generally among management & is gaining some traction internally

Ñ  The projected numbers for AgregGREAT! are 4x current revenues in 2 years

Ó  Depends on a completely new customer base, not all from USA

Ó  Depends on perception of reliability (marketing)

 

Questions from Business Development Team

Ñ  We’ll be logging into financial portals and scraping data. Will banks have a problem with this?

Ó  Will they start blocking us?

Ó  Do we need to read the AUP for each portal?

Ñ  We don’t understand how to deal with additional authentication stuff, but we see it in use a lot. Can this generally be solved?

 

Value Proposition

Ñ  Advisors often advise folks without a clear picture of their current financial position. By aggregating from all of the online portals, we know everything we need to give good advice.

Ñ  We usually get snapshots of information, widely spaced over time. This will allow frequent updates showing trends, spending habits and cash-flows

Ñ  Our current client base is limited to folks we can see in person in Seattle. This will extend our reach

Ñ  Improved quality of advice will improve our performance, providing competitive advantage

Ñ  More information on client behavior provides opportunities to introduce more services that are tailored to their needs

 

Prepare an Information Assurance (IA) Response to this Business Plan

Ñ  Try to NOT say anything negative about the plan

Ñ  Provide insights into both the new IA risk incurred by having everyone’s banking and other financial services credentials

Ñ  Explain how you can make these risks acceptable.

 

Complete the Following    

Ñ  Research the situation. Provide insights into the new IA risk incurred by having everyone’s banking and other financial services credentials. (500 words or less)

Ñ  Provide a well-supported recommendation on how you can make these risks acceptable. (500 words or less)

Research the situation. Provide insights into the new IA risk incurred by having everyone’s banking and other financial services credentials. (500 words or less)

Evaluation/feedback on the above work

Note: this section can only be filled out during the evaluation phase.
Comments regarding this question:
You've written 0 words
Provide a well-supported recommendation on how you can make these risks acceptable. (500 words or less)

Evaluation/feedback on the above work

Note: this section can only be filled out during the evaluation phase.
Comments regarding this question:
You've written 0 words

Overall evaluation/feedback

Note: this section can only be filled out during the evaluation phase.
How well was the paper written? For example, was the writing clear and easy to follow?
Overall comments:
You've written 0 words