Five steps for agile transformation in financial services

How digital leaders in financial services can accelerate products to market faster with these templates, tools and leading practices.

A better approach to competitive advantage through custom software

Agile software delivery has a higher success rate when compared to waterfall delivery. An abundance of evidence supports this. Agile results in a higher-quality product, lower costs, and a faster, more predictable delivery to market. In fact, we’ve seen a tenfold decrease in costs for delivery of identical software products for tier one banks when an agile approach is used.

Why, then, do some companies still insist on the slower waterfall process?

Blame the industry. Highly regulated industries such as financial services struggle with agile adoption due to the burden of regulatory compliance. Processes established years ago still govern, even with the software delivery landscape changing dramatically. The result is fixed costs, scope, and schedule—it’s called waterfall. For companies looking to adapt quickly, it just doesn’t work.

The good news is that financial services companies can realize 80 percent of the value of agile by changing just a fraction of their processes and practices. In this white paper, we outline how companies can implement these processes and achieve the following for competitive advantage:

  • Reduce project (product) size
  • Use lean requirements to jump-start delivery
  • Upgrade tools to improve communication
  • Invest in continuous integration and delivery
  • Integrate quality assurance (QA) into delivery teams

Download today

First name is required
Value is too long
Value is too long
required
Last name is required
Value is too long
Value is too long
required
Email is required
Value is too long
Value is too long
Email is invalid
required
Company name is required
Value is too long
Value is too long
required