Continuous Release Readiness

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Your Go-Release Score 5 Payments Fraud Control Reporting Admin & File Services 8 7 3 8
Benefit to LOB Teams
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Benefit to PMO

When do you think enterprise risk is at its highest in a bank’s product lifecycle? Before you start a new product launch project? During product launch? Immediately post-launch? How about in a stable Business as Usual (BAU) state?

Does it come as a surprise to you that most clients we talk to vouch for the fact that they feel their enterprise risk is highest immediately post-launch and in the subsequent BAU state? Customer impact is at its highest when moving from an incumbent product to a new one and once it’s being used on a daily basis. You really need to spend a lot of time ensuring that the customer experience is what you promised and day-to-day activities are not impacted adversely. You have to be cognizant of the fact that you are exposing customers to a new system/new set of features and be very sure of what you are exposing them to, be it good, bad, or ugly.

Some common challenges during BAU are:

Keeping Up with Features

In a recent survey by a leading analyst group it was indicated that customer behavior was increasingly driven by the feature richness and user experience provided by the bank. Keeping up with features where you are constantly compared to an average of 3-5 competitors can be a nightmare.

Staying Updated with Vendors

Banks risk ending up with outdated products if they are unable to keep pace with vendor releases. Most software product vendors offer 2-3 general availability (GA) releases (that enhance the system significantly) and 3-4 smaller updates each year (including regulatory changes).

Slow Time to Market

It usually takes banks six months to get through a GA release and three months to get through the smaller ones. Thus, every year most banks fall behind even more, taking on one general availability release and two smaller releases. Systems get old and irrelevant over a 3-5 year period.

The solution to these challenges is to find effective ways to push out more features periodically while reducing enterprise risk of constantly updating products. The ability to adapt, adopt, and release faster is not only a way to stay updated but also a great source of new fee income.

Go-Live Faster's Readiness to Release assessment puts the spotlight on those issues that matter up front, so you focus only on release-impacting issues. A truncated version of Go-Live Faster's “Code Readiness” solution, the “Continuous Release Readiness” solution delivers a “Go-Release” score and associated drilldowns across impact areas.

Just like your cholesterol and other health checks, periodic assessments of your enterprise risk in BAU are a must.

Each assessment tells you where you stand and what changes you need to make to get better.  “Continuous Release Readiness” assessment makes your release process painless and seamless, thus resulting in a feature-rich, updated product that helps you grow your fee income and stay competitive.

The benefits of engaging Go-Live Faster
to perform a 'Readiness to release' assessment
powered by the 'Go-Release' score are:

Every day you continue to struggle with releases is a day you are losing fee income opportunities! Get in touch with us today to experience seamless “Business as Usual” through the Go-Release score.

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