The document compares the waterfall and agile software development methods. Waterfall follows a sequential process where each phase must be completed before the next starts, while agile is iterative with rapid delivery of functional components. Broadridge uses waterfall for its older IMPACT product but agile for its new ClearancePro product to allow for frequent changes. While agile allows for adapting to unclear requirements for a new product, it poses challenges for testing from constant code changes. Broadridge is trying different methods to build ClearancePro quickly while adjusting to this new development approach.

1. Changes in standardized
process -Waterfall vs. Agile
method
Submitted By-
Sheikh Neelam Jhan – D50

2. Company profile – Broadridge Financial
Solutions Pvt. Ltd.
• Broadridge is the leading provider of investor
communications and technology-driven solutions
for wealth management, asset management and
capital markets firms.
• They help clients drive operational excellence to
manage risk, accelerate growth and deliver real
business value.
• Their technology-driven solutions power the entire
investment lifecycle, enabling our clients to
successfully manage the complexity and operational
requirements of today’s capital markets

3. Waterfall method in software development
Waterfall model, each phase must be completed fully before the next phase
can begin. At the end of each phase, a review takes place to determine if the
project is on the right path and whether or not to continue or discard the
project.

4. Agile Method in software development
Agile is an iterative, team-based approach to development. This approach
emphasizes the rapid delivery of an application in complete functional
components

5. Waterfall Method vs Agile Method

6. Product of Broadridge – IMPACT and
ClearancePro
• Impact is the most widely used, operationally efficient fixed
income processing software on the market that measures and
mitigates risk.
• It provides end-to-end straight-through processing assurance
and reliable technology platform to achieve unsurpassed
operational efficiency across your entire enterprise
IMPACT
• ClearancePro is a robust message processing product
suite that provides extensive real-time exception
management and data mining tools for complex
clearance and settlement of fixed income tradesClearancePro

7. Changes in Methods - Analysis
• IMPACT is an old product of Broadridge and to enhance the
system, company uses waterfall method to implement the
solution phase by phase.
• However, ClearancePro is a new product which will substitute
the older product (IMPACT), for which the management has
chosen to apply agile method for implementation of the
solution.
• In the agile method, the development team gets the high level
requirements from the Business Analyst. The risk in this method
is the changes in the requirements.
• As the product is at the nascent stage, the requirements are not
clear due to which the development team has to make frequent
changes in the code and the repercussions is also seen on the
testing team.
• Broadridge is trying various methods to get adapted to this new
change and build the product as soon as possible.

8. Thank You