Financial organization transformation strategy

Abstract

Major challenges IT department in investment banking industry faces include but not limited to frequently changing requirements, last minute change request, frequent emergency release request and unavailability of business users. The paper addresses those challenges with tailored strategies, specifically focusing on four areas including requirement capture and flush out, iteration and release planning, project status tracking and build automation. The paper also listed strong management support, team advocate and more involvement of business users as the key successful contributors. © Springer-Verlag Berlin Heidelberg 2007.