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                                                               Work Cited 

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                                                               Work Cited 

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"Large Scale Agile and Scrum vs. Waterfall: Agile is 6X More Successful, 1/4 the Cost, and 10X
Faster Payback!" The Scrum Crazy Blog. N.p., 11 Jan. 2016.
https://scrumcrazy.wordpress.com/2015/08/17/large-scale-agile-and-scrum-vs-waterfall-agile-is-6x-more-successful-14-the-cost-and-10x-faster-payback/#jp-carousel-947 Date Accessed: 02
Apr. 2017.

"Agile versus Waterfall for CRM Implementation Success." CRM Software. N.p., n.d.
http://www.crmsearch.com/agile-versus-waterfall-crm.php. Date Accessed: 02 Apr. 2017.

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Historically, financial services have adapted the Waterfall methodology to develop robust and requirement-heavy solutions. But the downside is that they are not very user friendly and most of them require training to effectively use the software solutions. The future is moving towards more customer centric solutions, and nowadays requirements are rapidly changing.

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What changes will Agile bring to the table?

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What changes will Agile bring to the table?

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Better Efficiency; Better look and feel of the software; Lower Cost; Better Performance.

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Agile Methodology will bring revolutionary changes in the financial technology industry.

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                               Financial Technology Overview

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                               Financial Technology Overview

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Technologies in the financial services industry has been shifted its primary focus from being technical centric to customer centric. More and more financial services companies are trying to build user-friendly software solutions to retain customers and enhance performances.

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Quick informative video introducing benefits of Agile

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The agile methodology is a mindset that alters how you deliver value-a flow that transforms market strategy into marketable innovation. Learn about the basics of agile, including key considerations, the three main principles and popular myths. For more information, visit: http://cainc.to/Lw7fmZ Does it feel like you're running fast, only to find yourself falling farther behind?

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                                   Agile has a higher success rate

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                                   Agile has a higher success rate

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                                       Cost Comparison

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                                       Cost Comparison

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Agile is 4 times cheaper than Waterfall

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Iterative approach
Focus on development
Good response to changing requirements
Cheaper and faster

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              Characteristics of Waterfall

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              Characteristics of Waterfall

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Top-Down Approach
Requirements-Heavy
Takes longer time to complete
Higher cost in terms of resources

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                     Visual Comparison of Waterfall and Agile

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                     Visual Comparison of Waterfall and Agile

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A new software development concept.
Lean; Has many variations; Fast; Trendy

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                       What is Waterfall?

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                       What is Waterfall?

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A traditional software development methodology.
[Well developed, well adapted, becoming out-dated]