Require a web-based application developed in php and mysql that can help manage investments in the capital market for members who have come together to form an investment club.
System will allow:
a) Members to be registered online to join the club for FREE
b) Members to be financial members after paying a mandatory registration fee which does not count towards their contribution or investment deposits
c) Members can make all forms of payments directly to the bank (into an online e-Wallet account) or through interswitch and eTranzact enabled online payment system
d) Members can make fixed monthly contributions or any flexible payment plan according to choice. Monthly contribution are entirely at the discretion of members
e) Site will be linked to the Nigeria Stock Exchange to receive automatically daily closing prices of stocks and use this to update the club's portfolio
f) Club's portfolio will be valued and re-valued each time a member joins or a member leaves or a member brings in additional contribution
g) Member can join at anytime and member can leave the club at any time
h) System must be able to manage the cost of buying and selling the club's stock. ie be able to add the brokage and other handling cost. These costs are also taken into account in valuing the club's investment
i) Member can leave the club fully or leave the club partially
j) A member can sell off his investment to another member. Units will be transferred between the members and the Investment Club will manage the settlement of payments
k) System should be able to manage multiple brokers (and their fees)
l) System should be able to manage cash accounts held in bank and used to purchase stocks through various brokers
m) System should allow registration of investment clubs (ie manage multiple investment club)
n) Investment clubs will be managed online on a subscription basis. Once the subscription expires, club administrator and their members will not have access to the system again
o) Club can backup their data offline and can restore if they want
p) System will provide each club an internal mailing system to communicate to members. Members can access correspondence online (receive and send) or reply to mails as is common to help desk and trouble tickets.
q) System will allow adverts slots for clubs and the public to advertise since the portal will be busy.
And lots more.