GLOBAL UNIVERSAL BANK
Requirements Definition for Regulatory Changes in Trading Applications
A global universal bank needed to implement new financial market regulations across multiple trading applications to meet regulatory obligations.
INDUSTRY
Financial Services
DURATION
12 months
CAPABILITIES
Business Analysis
Stakeholder Management
Challenge
The project was delayed and faced approaching regulatory deadlines, with potential financial penalties for non-compliance.
The challenge was to translate complex regulatory obligations into clear, actionable business requirements across multiple applications and business units within a constrained timeframe.
Contribution
Analyzed complex regulatory obligations and translated them into documented business requirements and use cases across multiple trading applications.
Developed an in-depth understanding of the regulatory requirements, becoming the key point of contact for business and technology stakeholders.
Outcome
A consolidated set of business requirements and use cases that provided a clear and consistent foundation for development across multiple trading applications.
Based on these specifications, IT development teams implemented the required changes to address regulatory obligations.