BSc IT Project Guide: Financial Monitoring Dashboard
1. Project Title
Financial Monitoring Dashboard to Track Live Stock Prices and Forex
2. Project Objective
The objective of this project is to develop a web-based dashboard that allows users to monitor live financial data including stock prices, forex rates, and market indices. The system will visualize trends, display key metrics, and offer features like alerts and historical comparisons to help users make informed financial decisions.
3. Tools and Technologies Used
- Frontend: HTML, CSS, JavaScript, React.js
- Backend: Node.js / Python (Flask or Django)
- APIs: Alpha Vantage / Yahoo Finance / Forex APIs
- Database: MongoDB / MySQL
- Visualization: Chart.js / D3.js / Plotly
- Hosting: Heroku / Vercel / AWS
4. System Features
- Live updates of stock and forex data
- Graphical visualization of financial trends
- Search and track specific stocks or currency pairs
- Set up alerts for thresholds or changes
- Historical data comparison and analysis
- Responsive design for mobile and desktop
5. System Architecture
The system follows a client-server architecture where the frontend requests data from the backend. The backend fetches data from financial APIs and serves it to the frontend. Data may be cached or stored in a database for historical tracking.
6. Development Methodology
Agile methodology with iterative development, including weekly sprints, regular testing, and stakeholder feedback.
7. Implementation Steps
1. Requirements gathering and analysis
2. UI/UX design for the dashboard
3. Setting up the backend and integrating APIs
4. Implementing frontend components and charts
5. Adding user-specific features and alerts
6. Testing and bug fixing
7. Deployment and final review
8. Future Scope
The project can be extended to support portfolio tracking, personalized investment recommendations using AI, and mobile apps.
9. Conclusion
This project demonstrates real-time data integration and visualization, essential for building modern financial applications.