Agile Software Development Process at Financial Institution in Kosovo

Hajrizi, Edmond; Bytyci, Fazli

doi:10.1016/j.ifacol.2015.12.074

Cited by 8 publications

(8 citation statements)

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“…In 2015, a study conducted with financial institutions in Kosovo revealed that successful implementation of agile approaches depends on the organization's structure and its culture. 4 Agile is about the mindset shared by the whole organization, that is, the attitude and behavior of the employees beyond the given set of procedures, techniques, and rituals. 28 Financial institutions that promote collaboration and a culture of cooperation are in better standing and accept more easily agile improvements.…”

Section: Agile Is About the Mindset Of The Whole Organizationmentioning

confidence: 99%

“…Regarding clear and shared objectives, one participant said that the company uses the Objectives and Key Results (OKR) framework and tool. 4 The OKR framework 47 allows companies to define targets at different levels such as company, team, and personal levels to increase the organization's visibility of goals. However, the participant mentioned that the focus should be on achieving goals at the team level rather than on the individual developers' productivity.…”

Section: Common Objectives Of Team Members Are Important For Managing the Teammentioning

confidence: 99%

“…3 Incumbent financial institutions have traditionally relied on plan-driven approaches for developing software. 4,5 Plan-driven approaches have been used to develop mainframe systems and, in collaboration with others, infrastructural solutions for financial transactions, such as SWIFT (Worldwide Interbank Financial Communications) for cross-border payments. However, such approaches do not meet the need for speed in Abbreviations: FinTech, financial technology; SPI, software process improvement; FI, financial institution; SDUM, software development unit manager.…”

Section: Introductionmentioning

confidence: 99%

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Enhancing agile software development in the banking sector—A comprehensive case study at LHV

Scott

Milani

Kilu³

et al. 2021

J Software Evolu Process

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FinTech companies are challenging established financial institutions' dominance by offering the same products with a superior customer experience and delivering new features faster. The adoption of agile software development partially enables this competitive advantage. In response to this challenge, banks explore how they can improve their agile processes. LHV, a mid-sized bank, uses agile practices but faces the challenge of further improvement to stay competitive with FinTech companies.In this article, we explore how LHV can improve its agile software development process. We conduct a case study at LHV where we first derive eight change proposals based on a literature review and interviews. Then, we report on how LHV implemented the change proposals and their perceived impact. Our results stress the importance of taking a coherent approach to improving agile processes by considering both business units and operations involved in the product life-cycle. It is also necessary to align organizational structures to enable team autonomy by, for instance, decentralizing decision authority. Finally, it is beneficial to adapt agile practices to their context and have an IT architecture and technology supporting the agile approach.

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Section: Agile Is About the Mindset Of The Whole Organizationmentioning

confidence: 99%

Section: Common Objectives Of Team Members Are Important For Managing the Teammentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Enhancing agile software development in the banking sector—A comprehensive case study at LHV

Scott

Milani

Kilu³

et al. 2021

J Software Evolu Process

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“…Ditemukan berbagai tantangan yang mempengaruhi kesuksesan dalam adopsi Agile. Di lembaga keuangan di Kosovo, tantangan yang dihadapi antara lain memiliki dukungan dari manajemen dan ketrampilan untuk metodologi, anggaran, dan orang-orang yang mengenali dan bersedia untuk melompat dalam mode Agile [11]. Dalam tim multidisiplin di Brasil, dipaparkan bahwa komunikasi langsung menyebabkan gangguan konstan pada proses pembangunan, jumlah komunikasi informal yang berlebihan, sentralisasi informasi dalam anggota tertentu merupakan tantangan dalam adopsi Agile [12].…”

Section: Pendahuluanunclassified

Tantangan Adopsi Agile di Perguruan Tinggi di Indonesia

Sujono¹,

Setiawan²,

Haryono³

2020

Jurnal Informatika

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Tingkat kesuksesan dalam pengembangan proyek perangkat lunak di berbagai negara masih rendah. Berdasarkan data yang ditemukan, di Amerika Serikat dan Eropa masih berkisar antara 16%-31%, di Afrika Selatan 34%, dan di Indonesia sebesar 27%. Agile merupakan pendekatan yang relatif baru dalam pengembangan perangkat lunak. Banyak organisasi telah mengadopsi Agile di semua atau beberapa proyek mereka. Temuan penelitian di berbagai industri dan negara, menunjukkan bahwa metode Agile memiliki dampak positif pada dimensi keberhasilan proyek. Namun upaya untuk melakukan adopsi Agile tidak sepenuhnya berjalan lancar, ditemukan berbagai tantangan yang mempengaruhi kesuksesannya. Penelitian ini dilakukan dengan tujuan untuk mengindentifikasi tantangan yang dihadapi dalam adopsi Agile di Perguruan Tinggi di Indonesia dengan menggunakan teori Scrum Adoption Challenges Detection Model (SACDM). Penelitian kuantitatif berbasis survei dan wawancara ini dilakukan di Badan Sistem Informasi (BSI), Universitas Islam Indonesia. Responden yang mengisi kuesioner sebanyak 41 orang yaitu Development (51,2%), Operational (22%), Product Owner (14,6%), dan Scrum Master dan Manajemen BSI (12,2%). Analisis data dilakukan dengan menggunakan uji statistik yaitu uji validitas dan analysis of variance. Berdasarkan hasil analisis, telah teridentifikasi 12 variabel tantangan dalam adopsi Agile dalam penelitian ini.

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“…Indeed, Agile and Lean are related to the variables of requirements, productivity, process, and communication between team members. In addition, the authors at [2,5,15,24,26,29,33,39] mention that these parameters explain that there must be organizational culture to reduce inventory operating costs, and obtain a return on investment from the use of resources, contributing to the flow of quality, and maximizing customer value. Therefore, from the IEEE 1074-1995 standard to achieve the progress of a project, the monitoring, and control of the processes must be reviewed and measured; in addition, this standard assesses the background and risk analysis, contingency planning, project management, and the record-keeping [17].…”

Section: Introductionmentioning

confidence: 99%

A Case Study in the Banking Sector: An Ontology for the Selection of Agile and Lean Software Development Methodologies

Morales

Bonilla-Morales

Vargas-Lombardo

2021

Communications in Computer and Information Science

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Nowadays, the application of methodologies that allow to guide the process of development of Software in the companies has become a fundamental aspect to achieve the suitable management of the processes in the projects. In view of the diversity of existing methodologies, there is a growing interest in defining strategies that allow the selection and application of the correct methodology, which adjusts to the characteristics of the work teams and the software projects. The aim of this work is to develop an ontology for the selection of the methodology that, according to its principles, is most appropriate and beneficial for the development of software projects. The domain of ontology is limited to the Agile and Lean approaches, without defining for Agile the specific method that it applies, but it involves any method that is governed by the agile values and principles established in the Agile manifesto. Onto-logy is applied in two organizations in the banking sector, allowing recommendations to be inferred for the use of Agile methodology in both, which will make it possible to reduce the delivery time of software products, improve communication between project participants, and facilitate the engineering of requirements. On the other hand, the ontology suggests co-regulating characteristic aspects of the Lean practices in order to minimize costs, optimize processes in the software projects and improve the organizational culture.

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Agile Software Development Process at Financial Institution in Kosovo

Cited by 8 publications

References 0 publications

Enhancing agile software development in the banking sector—A comprehensive case study at LHV

Enhancing agile software development in the banking sector—A comprehensive case study at LHV

Tantangan Adopsi Agile di Perguruan Tinggi di Indonesia

A Case Study in the Banking Sector: An Ontology for the Selection of Agile and Lean Software Development Methodologies

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