Imarticus Learning teams up with leading Global FinTech players to bring to you a first-of-its-kind Global FinTech Symposium. FinTech, or simply put, Financial Technology, is an industry composed of start-ups and established companies trying to replace or disrupt traditional financial processes with the use of technology.
This is an upcoming industry and has the potential to impact every single person and therefore makes it one of the fastest growing areas for venture capitalists. We welcome you to join this FinTech consortium where our panelists from global organizations will share their journey and experience on what it takes to excel in the world of FinTech.
AGENDA
4:00pm – Introduction to the Imarticus Global Fintech Symposium
4:10pm – Introduction to the 4 panelists and a short opening remark from each
4:30pm – Discussion 1: The rise of Fintech in the Indian context
4:40pm – Discussion 2: Global Fintech – Leveraging their experiences
4:50pm - Discussion 3: Trends in Fintech – will they disrupt traditional financial services?
5:00pm - Discussion 4: Fintech startups – a buzz or a reality?
Imarticus Learning conducted a session
on the Software Development Life Cycle (SDLC) and the role of a Business
Analyst on July 8, 2016. SDLC is often used in systems engineering, information
systems and software engineering to describe a process for planning, creating,
testing, and deploying an information system. SDLC is also often referred to as
(i) Systems Development Life Cycle or (ii) Application Development Life Cycle.
Mr. Mukhraj Saberwal, Solution Architect at Accenture, conducted this online
webinar session where over 75 users from the world of academia and industry
were present.
Mukhraj went on to illustrate the five
key stages in SDLC, which include (i) Requirement Analysis, (ii) Design, (iii)
Implementation, (iv) Testing and (v) Evaluation, with special focus on the role
of a Business Analyst. He broke the process down further into the following 10
stages of software development.
Initiation – This
process begins when the sponsor identifies a need or an opportunity and creates
a concept proposal.
SystemConceptDevelopment – In this stage, the scope or boundary of the concepts
are defined. This includes (i) System Boundary Document, (ii) Cost Benefit
Analysis, (iii) Risk Management and (iv) Feasibility Study.
Planning – Next, a
Project Management Plan provides the basis for acquiring the resources needed
to achieve a solution.
Requirement
Analysis – Analyses user needs and develops user requirements with detailed
functional requirement documentation.
Design – In this
stage, the detailed plans are transformed into complete, detailed systems. The
design document focuses on how to deliver the required functionality.
Development – At this
stage, the design is converted to a complete information system that includes
(i) installing systems environment, (ii) preparing test cases, (iii) coding and
(iv) refining programs.
Integration
and Test – This stage is undertaken by Quality Assurance staff and demonstrates
that the developed system conforms to the requirements as mentioned in the
Functional Requirements Document.
Implementation – This
includes the implementation of the system into a production environment and
resolution of problems identified in the earlier Integration and Test phase.
Operations
and Maintenance – Once the application has been implemented, it
is important to prepare a document that describes the tasks to operate and
maintain the information system in a production environment, including
in-process reviews.
Disposition – This
stage describes the end-of-system activities and emphasis is given to proper
preparation of data.
Now that the SDLC life cycle was clear,
Mukhraj went on to explain the key types of SLDC methods, including Waterfall,
Agile, Incremental and Iterative, with special focus on Waterfall and Agile.
The
Waterfall Model is a sequential phase-driven approach that
focuses on completing one step before moving on to the next. A formal handover
is given from one function to the next and the entire project is delivered in
one single big bang. The advantages and disadvantages of this methodology were
discussed in detail.
Next, we moved on to the Agile or Adaptive Model, where the
entire system is not built at once, but rather develops incrementally. Unlike the waterfall model, less time is
invested upfront to document requirements, since the development is done
sequentially. The key characteristic of agile software development is to
collect customer feedback, which happens simultaneously during the process of
development and implementation.
Towards the end, Mukhraj spent a lot of
time on the role of a Business Analyst in each of these SDLC methods. Right
from planning to design, development and implementation – the Business Analyst
plays a key role in the development of any software or application. Once his
session was over, he answered over a dozen questions from our curious and
enthusiastic BA aspirants.
At Imarticus Learning, we have 2
programs that focus on how you can become a Business Analyst and play an
integral role in the SDLC. Business Analysis Certified Professional (BACP) is
our 75-hour classroom program that can be undertaken at our centers in Mumbai,
Bangalore, Chennai and Delhi. The other offering is the Certified Business
Analyst (CBA) program, which is a 33-hour online course. To know more about
either of these programs, send us an email at info@imarticus.org
