Before requesting the development of a new major functionality or module to address some existing business requirements, it is common to create a prototype. This prototype, which can be built very rapidly, helps you to visualize and define the business and technical specifications to be given to the developers. It also helps to reduce the development costs by identifying wrong directions or unnecessary functions.

There is another way to look at the use of prototyping. Given the competitive nature of banking these days, it is sometimes necessary to develop and test market new innovative banking products. However, the business justifications may not be there to immediately justify a large TEMENOS GLOBUS™/ T24™ development.

In these cases, a prototype that provides the basic functionality which allows the bank to come to market with the new product within weeks of conceptualization is often a preferred option. If the business takes off, the prototype can be sophisticated via regular developments. If not, the financial investment to be written off will only be a small one.

Internet banking, mobile phone banking via WAP (Wireless Application Protocol) / HDML communications and all-in-one accounts with loan facilities are all candidates for prototyping.

Our consultants, who are constantly updated of the latest technologies, will use the best tools and techniques currently available to develop these prototypes.

Key Benefits/Deliverables

• One pass definition of prototypes with our business and technical consultants working closely with your users and IT staff
• Rapid development and deployment of prototypes
• Customization of the prototype to get to the final production system with all the bells and whistle