The presentation summarizes an approach for analyzing requirements and developing a solution for moving an economic region's payment system from 3-day clearing to real-time clearing. The hybrid waterfall/agile methodology includes strategic analysis, requirements engineering, iterative development, and change management. Key aspects are validating requirements through stakeholder engagement, prototyping, and delivering functionality incrementally based on priorities. Risks of the hybrid approach include potential loss of flexibility or control over requirements.
CFOs and the Corporate Performance event presentation is now available for download!!
Don't miss out the chance to discover KMS Financial Dashboard and gain a 360 degree view of the profitability, risk and cash flow metrics of your organization. Get in touch with us and learn how to perform Dynamic Analysis, Simulation of Profits, Sensitivity Analysis and uncover key value drivers.
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This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Banking Client Onboarding Process Powerpoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of fifty three slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. https://bit.ly/2P9MYTT
In this advanced business analysis training session, you will learn Requirement Management. Topics covered in this session are:
• Requirements Negotiation And Prioritization
• Requirements Management
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For more information, click here: https://www.mindsmapped.com/courses/business-analysis/advanced-business-analyst-training/
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CFOs and the Corporate Performance event presentation is now available for download!!
Don't miss out the chance to discover KMS Financial Dashboard and gain a 360 degree view of the profitability, risk and cash flow metrics of your organization. Get in touch with us and learn how to perform Dynamic Analysis, Simulation of Profits, Sensitivity Analysis and uncover key value drivers.
Banking Client Onboarding Process Powerpoint Presentation SlidesSlideTeam
This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Banking Client Onboarding Process Powerpoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of fifty three slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. https://bit.ly/2P9MYTT
In this advanced business analysis training session, you will learn Requirement Management. Topics covered in this session are:
• Requirements Negotiation And Prioritization
• Requirements Management
• Requirements Traceability
• Requirements Variability and Software/System Product Lines
For more information, click here: https://www.mindsmapped.com/courses/business-analysis/advanced-business-analyst-training/
Microsoft Accounting Software | Value Proposition AnalysisKashyap Shah
This presentation describes various features of Microsoft's Accounting software for SME & MSMEs in India. It also includes balanced score card and competitive analysis based on the value offerings by Microsoft.
This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Client Onboarding PowerPoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of fifty five slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. http://bit.ly/330FVzP
If you’re looking to streamline sales cycles, increase deal sizes, eliminate risk from your
financial agreements, and improve collaboration between Sales, Finance, Legal, and
Operations, you’ve come to the right place...! Experience the next-generation of Solution platform value vs just looking at CPQ or CLM. In this guide, you will find a step-by-step overview of the Quote-to-Cash process, and the
challenges—and opportunities—of each stage, so you can manage the Quote-to-Cash
process more proactively, and take the steps needed to drive better business results.
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This webinar will explore the types of problems and questions faced by procurement executives that can benefit most through the application of analytical solutions (e.g. innovation, strategic cost management, risk mitigation, etc.). In addition, we will cover the different forms of cognitive solutions that are emerging to drive real-time decision-making and predictive sourcing capabilities.
La Dove Associates -- CRM/Customer Care Consulting Overview LaDove Associates
The deck represents a sample of work product from a selection of projects. Of course the real value of our consulting services are the decisions we help to inform.
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Tool for individual and industry insurance Effcient solution to combine individualization and standardization for the quotation and policy process. Universal is a web-based solution for insurance companies to create standardized processes, business rules and modular products. It supports the insurance underwriter in managing the whole contract lifecycle in only one application, and ensures the traceability of all individually created products and product generations. It is compatible with other quotation and policy systems, and decreases the complexity of the IT infrastructure.
This presentation covers the entire aspects of 6 sigma quality methodology. You can have this presentation as a reference to anything related to 6 sigma. This is one of the best material to be refereed before the implementation of 6 sigma in your organization, whether it is in service sector or in manufacturing..
This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Client Onboarding PowerPoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of fifty five slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. http://bit.ly/330FVzP
If you’re looking to streamline sales cycles, increase deal sizes, eliminate risk from your
financial agreements, and improve collaboration between Sales, Finance, Legal, and
Operations, you’ve come to the right place...! Experience the next-generation of Solution platform value vs just looking at CPQ or CLM. In this guide, you will find a step-by-step overview of the Quote-to-Cash process, and the
challenges—and opportunities—of each stage, so you can manage the Quote-to-Cash
process more proactively, and take the steps needed to drive better business results.
Innovative Data Leveraging for Procurement AnalyticsTejari
This webinar will explore the types of problems and questions faced by procurement executives that can benefit most through the application of analytical solutions (e.g. innovation, strategic cost management, risk mitigation, etc.). In addition, we will cover the different forms of cognitive solutions that are emerging to drive real-time decision-making and predictive sourcing capabilities.
La Dove Associates -- CRM/Customer Care Consulting Overview LaDove Associates
The deck represents a sample of work product from a selection of projects. Of course the real value of our consulting services are the decisions we help to inform.
Customer value analysis of big data productsVikas Sardana
Business value analysis through Customer Value Model for software technology choices with a case study from Mobile Advertising industry for Big Data use case.
Tool for individual and industry insurance Effcient solution to combine individualization and standardization for the quotation and policy process. Universal is a web-based solution for insurance companies to create standardized processes, business rules and modular products. It supports the insurance underwriter in managing the whole contract lifecycle in only one application, and ensures the traceability of all individually created products and product generations. It is compatible with other quotation and policy systems, and decreases the complexity of the IT infrastructure.
This presentation covers the entire aspects of 6 sigma quality methodology. You can have this presentation as a reference to anything related to 6 sigma. This is one of the best material to be refereed before the implementation of 6 sigma in your organization, whether it is in service sector or in manufacturing..
20181016 Agile DC 2018 Conf Kanban Case Study for Energy CompanyCraeg Strong
Is it possible to deliver software improvements faster and with better quality in a highly regulated environment? What if the organization only uses off-the-shelf commercial packages like SAP rather than custom software? Oh, and much of the team is still learning the ropes? And by the way, our business users are unavailable during monthly and quarterly close, and to top it all off whole divisions go off-line for weeks or months at a time during refinery “turnaround” events? How can we improve cycle times, if it sometimes takes us months just to figure out how to design a solution for a single request?
In this session, we will examine a case study at an energy company that needed to increase their speed of delivery and their level of quality, while at the same time controlling costs. They started to adopt Kanban a year ago, by visualizing their waterfall process on a board and holding a daily stand-up. However, cycle times were still unacceptably long, and the board did not change much day-by-day. Worse, the business was getting more impatient and the backlog of urgent requests was growing longer. The team was ready to take the next step and deepen their kanban implementation.
We will examine a number of improvements that were made and the impact of each one of them. Larger work items were broken down into user stories, enabling progress to be tracked at a more granular level and helping the team to break down difficult problems into smaller, bite-sized chunks. Defects were captured individually on the board so large items did not appear to “stall” for no reason. Time-boxed “Spikes” could be created to capture efforts required to identify alternatives and reduce risk in design or implementation. The kanban boards went through multiple iterations as we updated them to better reflect our new process.
Hand-in-hand with these improvements came training and practice. How do we create properly formed user stories? When is it appropriate to create a Spike? How can we make process policies explicit? Please see this case study about one Fortune 200 company’s journey towards a deeper and more complete implementation of Kanban. Perhaps the “alternative path to agility” is right for your organization?
1. Author: Panna Visani (2015)
Adept Change Management
Presentation for
A leading provider of Payment Services in
the UK(Confidential)
2. The Question
We would like you to give a presentation on the aspects detailed below. In this
presentation you should include any assumptions made and alternatives considered.
The assessment will be of the approach taken rather than the factual correctness of
the business understanding.
An economic region currently has a three day clearing and settlement payment
management system. This processes up to 50 million payment transactions a day.
Their wish is to move to a real time clearing approach.
Abc Ltd has a solution which is thought to meet most of the requirements.
3. Overview
A solution by Abc Ltd may fit the requirements.
How do we understand & analyse the requirements ?
How do we make sure that requirements are not missed ?
Context diagram – present a high Level view of the real-time
systems
Key differences to a Non-real-time system
How to validate requirements working with Solutions
Architecture
Risks & Considerations of the approach taken
4. The Approach - Overview
Strategic Analysis
Business Analysis/Benefit
case
Systems
Analysis/Landscape
Requirements
Engineering
Solution
Developme
nt
Manage
Change
Context Overview
(Brief)
•KEY SENIOR STAKEHOLDERS
•PESTLE
•SWOT
•Interviews, Surveys, Research
Etc
P.I.D.
Business Case (ROI)
•Quantitative Benefits
•Qualitative Benefits
•Opportunity costs
•Risks / Issues
•Existing PAIN points
•AGREE Scope of Change
HL Requirements, HL Solution
Design. Validate Fit (GAPS)
Check Business Case
• HL Requirement ELICITATION
•FUNCTIONAL, NF,
• General Project, Legal, Compliance, etc)
•Technical
•Key STAKEHOLDERS - Baseline Requirements.
•Confirm Feasibility in terms of TECHNICAL (HL
Solution); FINANCIAL (Business Case) &
•GAP Analysis
HL to GOOD detailed
Requirements
•Specific, Clear, Complete, Consistent, Testable,
Relevant, Owned, Achievable, Prioritised
•Interviews, Workshops, Documents, Data
Modelling, Use-case modelling, Systems
Modelling.
Iterative Agile
Dev, Test, Deliver & Ratified
with User Involvement
•Team responsibility – includes Users, Dev,
Analyst, Designers, Architects.
•Working proto-types/ models.
•Design. Dev, Test & Deliver progressively to
a set number of drops
Business
Architect
Solution
Architect
Business
Analyst
(Product
Owner)
Dev &
Test teams
5. The Approach – Hybrid Methodology
Context Overview
(Brief)
•KEY SENIOR STAKEHOLDERS
•PESTLE
•SWOT
•Interviews, Surveys, Research
Etc
P.I.D.
Business Case (ROI)
•Quantitative Benefits
•Qualitative Benefits
•Opportunity costs
•Risks / Issues
•Existing PAIN points
•AGREE Scope of Change
HL Requirements, HL Solution
Design. Validate Fit (GAPS)
Check Business Case
• HL Requirement ELICITATION
•FUNCTIONAL, NF,
• General Project, Legal, Compliance, etc)
•Technical
•Key STAKEHOLDERS - Baseline Requirements.
•Confirm Feasibility in terms of TECHNICAL (HL
Solution); FINANCIAL (Business Case) &
•GAP Analysis
HL to GOOD detailed
Requirements
•Specific, Clear, Complete, Consistent, Testable,
Relevant, Owned, Achievable, Prioritised
•Interviews, Workshops, Documents, Data
Modelling, Use-case modelling, Systems
Modelling.
Iterative Agile
Dev, Test, Deliver & Ratified
with User Involvement
•Team responsibility – includes Users, Dev,
Analyst, Designers, Architects.
•Working proto-types/ models.
•Design. Dev, Test & Deliver progressively to
a set number of drops
Waterfall
SPRINT
SPRINT
SPRINT
SPRINT
6. Assumptions: Context – Strategic Analysis
The Payments Eco-system in question comprises of the following entities:
A Central Bank
Commercial Banks
A Financial Regulator
Automated Clearing House (ACH)
There is growth in E-Commerce and improvements in Logistics allowing retailers to
offer same day & Next day delivery.
The regulator is seeking payment services that offer greater end-user protection and
with a faster cycle, to accelerate the growth of this economy. Also, by modernising
the payment system, it seeks to attract foreign investments, which in turn drives
economic growth.
The government wishes to instil a formal economy to ensure less cash is used, and
thereby benefit from related taxes.
7. Assumptions: SWOT Analysis
Strengths
Has a Cheque Clearing Payments System (?)
Has an electronic Payments System (RTGS)
controlled by a Central Bank ?
Has regulatory bodies & policies
Has ATMs ?
Weaknesses
Clearing system takes 3 days
RTGS is only for Low Volume, High Value
inter-bank settlement
Opportunities - To move to
Real Time Person-to-Person Payments
Real Time Business to Business Payments
Real Time Credit-Card settlement processing
Improve Access to Alternative Payment
Service Providers, increase competition &
reduce costs
Threats
Expected growth of E-Commerce, Credit
Card payments & M-Commerce (use of
Smart Phones)
Disruptive Technologies
Consumer behaviour & expectations
8. WE WILL ASSUME THAT A BUSINESS CASE HAS BEEN BUILT, AND CONFIRMS THE FOLLOWING
The CENTRAL BANK & LEGISLATION ARE DRIVING THE NEED FOR THIS CHANGE
The Objective is for a Real Time Payments system to provide the following:
Assumptions: Business Case
• Payers experience is as easy as with Cash
Speed, Convenience
• Payment accessible anywhere, without need for Brank
or ATMUbiquity
• Privacy & integrity of individual must be guaranteed
Safety
9. A Real Time Payments Model:
Remitting Customer
Beneficiary
Customer
SENDING BANK RECEIVING BANK
CENTRALISED INFRASTRUCTURE
(FASTER PAYMENTS SYSTEM)
CENTRAL BANK
1
2
3
5 4
6
7 8
SECONDS
MESSAGING
AT INDIVIDUAL
TRANSACTION LEVEL
10. A Traditional Clearing (Non-RT) Payments Model:
Remitting Customer
Beneficiary
Customer
SENDING BANK RECEIVING BANK
CENTRAL BANK (DNS)
1
2
3
AUTOMATED
CLEARING HOUSE 4 ONLY
NET BALANCE IS
SETTLED BETWEEN
BANKS
End Of Day
BATCHED
Transactions
DAYS
5
11. Key Differences to Non RT:
Handling of transactions in a Non-batched manner.
Clearing is still a Separate Step to Authorisation & Settlement. But, with Real-time
payments, there is NO DELAY before a Payee’s Bank has access to the funds and can
make them available to the Payee.
Faster Payments through a Real-Time Payments Service separates the Settlement
stage clearly from the Clearing, since in most cases the ‘Payer’ and ‘Payee’ are not
concerned with when the Banks settle their own accounts.
TIME (DAYS)
TIME (SECONDS) ………………END OF DAY
AUTH
AUTH
CLEARED
CLEARING
SETTLE
SETTLE
12. Ensure GOOD requirements –by meeting these criteria:
An Owner – Ensure the requirement is justifiable, and traceable
A Priority (MoSCoW) – Ensure the requirement is relevant, and necessary (has value)
Is Consistent (internally & with other requirements)
Is Testable – What are the ‘Success Criteria’ ? (SMART)
Is Clear, Unambiguous and not generalised (Specific).
Is Complete !
The High Level Requirements need to be sufficiently detailed to allow Solutions
Architect to generate a High Level design. It should also be possible to walk through
this document with appropriate stakeholders to validate these requirements.
High Level Requirements – User Stories
13. For Each High Level Requirement...apply techniques
Who
What
WhyWhen
Where
FUNCTIONAL
NON-FUNCTIONAL
TECHNICAL
GENERAL
AndCategorise, toensurecompleteness
15. With Solutions Architects, develop a documented & logical model of the
proposed solution based on the high level requirements.
BA to act as the Product Owner – Agile – as proxy for the stakeholder
group.
Reference HL requirements as ‘Product Back-log’
Prepare Plan of time-boxed Sprints for groups of related functionality to
be delivered & reviewed with the assigned user groups.
Reference MoSCoW priorities of HL requirements to optimise effort/time
During Sprint Planning - As detailed requirements are elicited, Validate
High Level requirements, and split EPICs further as required.
Detailed stories should be elicited within each sprint with User review
Validate Requirements – User engagement
16. Key elements
- Requirements Catalogue (Product Backlog)
- ‘Modelling’ techniques – run work-shops to identify gaps.
- Use-cases and data-models
- User Stories, Epics
- Prototyping; review of functionality at the end of each sprint.
- Adjust requirements with feedback
- Build the actual solution incrementally, getting it verified along the way.
Validate Requirements – User engagement
17. Not pure Agile. Hybrid approach has some loss of flexibility by working
to fixed deadlines, cost forecasting and risk assessments.
The best of waterfall - retains the clarity of scope, and dependency
tracking.
May allow for effective delivery of Software in Agile fashion, while
allowing product owners and hardware development to follow a
traditional approach.
Requires tight collaboration – it ensures teams can define requirements,
and still adapt to changing requirements, allowing feedback from both
the waterfall & agile sides of the team, allowing for continuous delivery.
Best suited for re-use of software – similar products, and quick turn-
around.
Risk of losing control of the Product Backlog; mitigate by using software
with ‘version release planning’ features.
Risks, Considerations for Water-fall/Agile hybrid