Financial Services

Digital transformation of systems engineering delivers a competitive advantage in the financial services industry

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Overview

Whether your business is banking, insurance or capital markets, IBM Engineering Lifecycle Management (ELM) accelerates product delivery to support regulatory readiness and aids in controlling soaring compliance and regulatory costs.

ELM is a holistic, end-to-end software engineering management environment that provides full transparency and traceability across development and product delivery processes.

 5 steps for successful software delivery
Benefits
Tame complexity to improve quality

Manage requirement hierarchies and the impact of changes across the development team.
Increase development effectiveness

Increase productivity by reusing software components across multiple applications. Reduce time and cost, increase quality and facilitate a shift from project to product delivery.
Improve processes and make better decisions

Provide visibility and traceability across the development teams. Ensure all stakeholders have current data through customizable dashboard and reports.
Increase teamwork with seamless collaboration

Enable visibility, collaboration and alignment across departments and stakeholders.
Adopt agility to improve communications

Adopt agile methods across development teams. Manage programs and projects following SAFe, lean or agile practices to support the process that best fits your organization.
Streamline compliance to increase confidence

Integrate compliance requirements into development processes. Manage compliance activities, change management, impact analysis and evidence across standards like Basel, IFRS, MFID and NY-DFS Rule 500.

Case studies

Danske Bank drives competitive differentiation in banking

Danske Bank uses IBM solution to keep key development tools available, performing well, and supporting faster test/development cycles.
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Intact Financial optimizes requirements management

Intact Financial is Canada’s largest private-sector provider of property and casualty insurance. Its 12,000 people work to insure more than 5 million individuals and businesses across the Canadian provinces, administering almost CAD 8.0 billion in premiums. Intact deployed IBM ELM software to facilitate more effective requirements management throughout the application development lifecycle, helping improve quality control, reporting and traceability. As a result, Intact reduced the cost and time required to release new, quality applications.

Resources

Asset lifecycle management
Maximize your asset value with a unified asset lifecycle management solution and AI
Unifying DevOps in banking
What fuels the need for digital transformation in banking and what tools and processes can help you succeed faster?
Take the next step

Get started with a product tour or book a consultation with an IBM expert to see how your organization can benefit from Engineering Lifecycle Management to help you scale, improve data transparency, achieve compliance and pursue automation.

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