Consumer Lending App for Global Investment Bank

Consumer Lending App for Global Investment Bank

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Developing apps using the Agile Methodology


THE BRIEF

A multinational investment bank embarked upon a new journey to enter into the consumer banking industry by creating a customized app. This process proved to be challenging due to a fragmented development process and gaps amongst the service delivery team.


THE CHALLENGE

A multinational investment bank and financial services company wanted to enter into the space of consumer banking and lending. They spent years developing a digital product with a goal of making it very easy for the consumer banker to apply for loans. Specifically, the product offers debt consolidation loans to those with good credit scores, while making it as transparent as possible.

THE SOLUTION

Saggezza was brought in to streamline the development process of the app by implementing the agile method across all teams in the US, India, and UK. Agile is crucial in this environment in order to develop timely and successful apps. Saggezza implemented standard agile sprint activities with the client, including: daily stand-ups, sprint planning, sprint demos, retrospectives and continuous grooming.

Saggezza’s agile development model benefits organizations by helping them to increase the quality of deliverables through continuous improvement, cope better with change, improve communication across functional business units, respond effectively to user feedback through software development, and ultimately deliver value sooner. With the implementation of agile, team predictability, where teams keep delivery promises and consistently deliver, increased from 55-60% to 80-100%.


Saggezza is a proven technology and consulting partner that delivers personalized, high-value solutions to accelerate business growth.

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