knowis Blog

In order to curb the spread of COVID-19, entire teams in almost all industries are forced to work remotely from their homes: a completely new situation for many companies. To overcome this challenge, teamwork needs to be rethought. The adaptation of agile methods can help.

Unexpected personnel shortage interferes with normal business operations or a hacker attack paralyzes the data center: Banks have to be prepared. A digital business impact analysis helps to keep an eye on critical business processes and take appropriate countermeasures in critical situations.

In software projects, user story mapping helps to capture the big picture and understand the needs of stakeholders. Learn more about the basic principles of User Story Mapping and why we see its highest potential in combination with other professional methods.

When implementing digitalization projects, one of the key success factors is a comprehensive understanding of the processes. One possible method to achieve this understanding is called Event Storming. Read about what is behind Event Storming and the experience we have made using this method.

Only if all interest groups in a finance digitalization project recognize a clear added value for themselves and their concerns, they will support its implementation and the intended success can be sustainable. Who are the important stakeholders in a bank and how can they be satisfied?

For both financial service providers and customers, the digital era is leading to a paradigm shift. The problem: The data and system infrastructure of many financial institutions does not allow digital processes. In addition to customer requirements, regulatory requirements are also increasing.

The essential basement of any digitalization project in finance should be the creation of a reliable database. Using the following five success factors, you can see by the example of the corporate credit process what you should bear in mind when realizing your digitalization project.