Facing tremendous pressure to deliver solutions quickly and meet rapidly changing priorities, investment banking institutions are reluctant to change processes and adopt new tools. However, for those who have been using Agile processes for software development, new requirements for meeting CMMI compliance necessitate standardized processes and documentation. The challenge for banking institutions is to deploy a process that supports key parts of Agile, produce documentary evidence that the process is consistently in use, and all the while shelter IT from unnecessary bureaucracy that can impede genuine progress. A large investment banking firm with locations in 35 countries recently wrestled with this challenge. Discover how they rolled out a quick, repeatable and flexible process that is consistent across the organization and in compliance with CMMI.
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