Deposit Insurance Agency

Client & product

The Deposit Insurance Agency obliges 15 commercial banks to insure an individual deposit from month to month. The deposit is paid by a commercial bank, therefore there is a limit, which can be configured according to the amount of money received. This feature was available only to individuals.

Challenges

Our main challenge was to add the functionality that was available to individuals as well as to legal entities. Adjusting almost the entire system became necessary to provide legal deposit insurance to them.

Role of PMO

We had an ongoing system of providing and collecting feedback for all parties. Our project management team provided the management of such a system. The project manager gave great support by conducting daily 1-1 meetings and providing detailed documentation for developers.

Job done

Our team started by getting to know a feature which the client wanted to be implemented to write documentation. After requirements were set, our team got the challenge done. Before release, the project went through testing to ensure everything worked according to specifications.