Trusted by the world's leading financial institutions

Financial services companies today compete based on product innovation, mass customization and ease of product access by many different groups of stakeholders. Technology, decentralized in many cases, plays a vital role in new product development. In this rapidly changing world, getting requirements right the first time is a critical component to success. Whether you use an Agile, Waterfall, or a hybrid project approach, there can be many challenges to hinder modern IT projects. These challenges are forcing financial services companies to evolve in striking a balance between increased compliance demands and market pressures.

Modern Requirements4TFS is used by leading financial services organizations around the globe

Archive, maintain and prove compliance

When building solutions, financial services companies need to comply with a remarkable amount of regulatory, compliance and audit considerations – and more are coming. Compliance with regulations such as Dodd-Frank, MiFid and PCI, as well as best practices ensures quality, reduces risk, and prevents the costly consequences of non-compliance. Modern Requirements4TFS helps you achieve compliance and maintain it as requirements change. Detailed end-to-end traceability and reporting capabilities provide robust support for audits, so you can prove compliance when needed.

Management visibility & reporting

Managers of projects are often challenged when it comes to managing information on a global scale. Modern Requirements4TFS’ exceptional query capabilities are the foundation for customizable management reporting, and provide overall project visibility through a rich set of reports and dashboards. Individual, team, project, business unit and organization-wide information is available to management at the click of a few buttons. This helps to ensure that leaders can take a proactive approach to managing projects.

Transition to Agile

Many financial services companies that attempt Agile transition often settle into a hybrid mode of waterfall requirements and agile DevOps. They define requirements up front, get them funded and then pass them to the development organization as user stories, to be developed in sprints or iterations. Modern Requirements4TFS supports this Hybrid approach, while also supporting pure Agile or Agile at scale approaches. The auto-generation of high quality user stories, in Modern Requirements4TFS ensures business and IT alignment and helps to accelerate Agile transition.

Collaborate

The review, discussion and approval functions in Modern Requirements4TFS, help diverse groups of business, client, and IT stakeholders worldwide. Specifically, these functions help them collaborate to drive consensus and resolution as they innovate on various initiatives. Each review workflow is governed by a set of rules so that managers can adjust based on the type and size of project at hand. Discussions, comments and approvals are saved in the database, so the organization can always reference why important decisions were made.

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