ARCHITECTURE & SOLUTION DESIGN FOR A LARGE INVESTMENT BANK
THE CLIENT AND THEIR NEEDS:
A large investment bank aimed to enhnace improve its Fixed Income and Securities Financing (SecFin) operations by refining its business and IT architecture. The bank needed help to align its product vision with a solid architecture and to translate business requirements into effective technical designs.
FENIXYS’ ENGAGEMENT:
Fenixys was engaged to support the bank in several key areas:
- BUSINESS ARCHITECTURE:
- Managed the target architecture to align with the client’s product vision.
- Collaborated with IT and Product Owners to shape the IT roadmap.
- Guided decision-making on architecture topics and produced key architecture artifacts.
- Organized and facilitated decision-making on proposed deviations, driving the backlog to resolve architectural debts.
- Provided insights and clear overviews of complex architectural aspects, explaining the consequences of alternative scenarios.
- SOLUTION ARCHITECTURE:
- Translated business and IT requirements into detailed technical and functional designs.
- Engaged with stakeholders, including squads, product owners, and architects, to communicate and explain design choices.
- Facilitated cross-architecture community alignment on architectural principles, providing knowledge and expertise to the teams.
- LEAD BUSINESS ANALYSIS:
- Captured and clarified business requirements, serving as the main point of contact for the domain.
- Contributed to the design process by ensuring the quality and exhaustiveness of the features and user stories backlog.
- Provided guidance on best practices and monitored complex design topics
- Developed and executed a comprehensive test strategy, including the collection of test data and ensuring the automation and continuous improvement of tests.
SUCCESSFUL DELIVERY AND IMPACT:
Fenixys significantly contributed to the success of the investment bank’s Fixed Income and SecFin transformation by:
- Delivering a coherent and aligned architecture that supported the bank’s product vision and future technological advancements.
- Ensuring the seamless translation of business requirements into effective technical designs.
- Providing ongoing support in design and execution, resolving blocking issues, and ensuring the efficiency of the program.
- Enhancing the overall testing strategy, leading to more efficient and reliable processes within the bank’s operations.
By addressing these needs, Fenixys enabled the bank to achieve a more resilient and scalable architecture, positioning them to better meet their strategic goals in the evolving financial landscape.