B2B SaaS AML alert discounting platform with non-tech founder

Fractional CTO

IT Strategy

B2B SaaS AML alert discounting platform with non-tech founder

Challenges

  • Non-tech founder with no native tech team
  • Inadequate expertise to drive implementation with key decision-making and essential technological standards, stemming from a lack of technology knowledge
  • Difficulty in determining appropriate technology stack choices
  • Struggle to pinpoint the necessary infrastructure for scaling the product effectively
  • Limited awareness of non-functional requirements crucial for optimal product performance
  • Lack of understanding regarding critical prerequisites essential for aligning the product with banking ecosystem standards

Solution : 6 months

  • Facilitated multiple workshops to thoroughly grasp the product’s vision and mission, aligning the optimal user journey accordingly
  • Defined and carried out Requirement Engineering Process and Design Thinking approach for requirement gathering
  • Adopted DAWPS (Decide – Analyze – Wireframe – Prototype – Ship) Process
  • Documented strategic decisions regarding the selection of the most suitable technology stack and the overarching architectural framework
  • Established a highly scalable cloud infrastructure, emphasizing cost optimization
  • Identified opportunities for integrating with existing services while meticulously managing data and security considerations crucial for banking operations
  • Created Proof of Concepts (POCs) to develop the core functionality of the product, leveraging unique information not readily available through conventional web or social profiles, thus enhancing the application’s Unique Selling Proposition (USP)
  • Provided consultation and support in implementing critical security, data privacy, and performance measures, leveraging domain expertise to address potential oversights
  • Executed product code in adherence to industry standards, ensuring robustness and reliability
  • Conducted comprehensive quality testing to validate the completeness of requirements and deliver a technological solution of the highest standard

Benefits

  • Accelerated product development through streamlined decision-making processes
  • Significantly shortened the time-to-market for the product
  • Implemented rigorous data privacy and security measures to align with the stringent standards expected within the banking ecosystem

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