4. CONTEXT
•The Client: A mid-size Bank in Australia
•The Partner: Financial Service Division of a Global IT Conglomerate
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5. CONTEXT
•The Client engaged with the Partner to replace their Core Banking Platform
•The Partner’s next generation product was under development using Waterfall, and the Client was most likely the first bank to go live with this product.
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6. CONTEXT
•The Client Group’s Insurance division had successfully undergone Agile Transformation. The Bank had begun following Agile in many areas since past 2 years
•Client reluctantly agreed to Partner’s Waterfall approach at the start of the engagement
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7. CONTEXT
•A few months into the engagement, the Partner informed the Client that the next version of the Product will be delayed by a year
•The Client threatened to end the relationship unless the Partner adopted Agile for doing client specific development work
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