Functional Specification Document (FSD)
Table of Contents
- Introduction
- Purpose
- Scope
- Definitions, Acronyms, and Abbreviations
- References
- Overview
- Functional Requirements
- Data Requirements
- User Interface Requirements
- Non-Functional Requirements
- Assumptions
- Constraints
- Acceptance Criteria
- Appendix
- Approval
Introduction
This document provides a detailed functional specification for the development of a mobile banking application. The purpose of this application is to offer customers the ability to access their bank accounts from their mobile phones.
Purpose
The purpose of this FSD is to outline the functional requirements for the mobile banking app, ensuring that it meets the needs of our customers and aligns with the project's objectives.
Scope
The scope of this FSD includes the development of a mobile banking app that allows customers to access all their bank accounts, including checking, savings, money markets, CDs, IRAs, mortgages, home loans, personal loans, credit cards, and any other type of product the bank may offer. The app will be built from scratch and must be secure with the latest industry standards.
Definitions, Acronyms, and Abbreviations
- CDs: Certificates of Deposit
- IRAs: Individual Retirement Accounts
- FSD: Functional Specification Document
References
- Online Banking Website Documentation
- Industry Security Standards for Mobile Applications
Overview
The mobile banking app will provide customers with access to their bank accounts from their phones, offering the same features and functionality as the online banking website. The app will be developed in-house and must be secure, with a target go-live date of New Year's Day, 2025.
Functional Requirements
Requirement 1: Account Access
- ID: FR-001
- Description: The app must provide access to all customer accounts, including checking, savings, money markets, CDs, IRAs, mortgages, home loans, personal loans, credit cards, and any other type of product the bank may offer.
- Priority: High
- Source: Project Stakeholders
- Rationale: Customers need to manage all their accounts from a single mobile application.
- Acceptance Criteria: Customers can view and manage all their accounts through the app.
- Dependencies: None
Requirement 2: Security
- ID: FR-002
- Description: The app must implement the latest industry standard security measures to protect customer data and transactions.
- Priority: High
- Source: Security Team
- Rationale: Ensuring the security of customer data is paramount.
- Acceptance Criteria: The app passes all security audits and tests.
- Dependencies: Industry Security Standards
Requirement 3: Feature Parity with Online Website
- ID: FR-003
- Description: The app must include all the features and functionality available on the online banking website.
- Priority: High
- Source: Online Banking Team
- Rationale: Customers expect the same level of service and functionality on the mobile app as they have on the website.
- Acceptance Criteria: The app includes all features and functions of the online website.
- Dependencies: Online Banking Website
Requirement 4: User Greeting
- ID: FR-004
- Description: When customers open the app, they must be greeted with a pleasant jingle and a "Welcome 'x'", where 'x' stands for the customer's name.
- Priority: Medium
- Source: Customer Experience Team
- Rationale: Personalizing the user experience enhances customer satisfaction.
- Acceptance Criteria: Customers hear a jingle and see a personalized welcome message upon opening the app.
- Dependencies: User Data
Data Requirements
The app must securely store and retrieve customer data, including account balances, transaction history, and personal information. Data must be encrypted both in transit and at rest.
User Interface Requirements
The app must have an intuitive and user-friendly interface, compatible with both iOS and Android devices. The design should be consistent with the bank's branding and provide easy navigation to all features.
Non-Functional Requirements
- Performance: The app must load within 3 seconds and perform transactions within 5 seconds.
- Usability: The app should be easy to use for customers of all ages and technical abilities.
- Reliability: The app must have 99.9% uptime.
- Scalability: The app must support a large number of users without performance degradation.
Assumptions
- The project will have all necessary resources, including developers, security experts, and user experience designers.
- Customers will have smartphones that meet the minimum technical requirements for the app.
Constraints
- The app must be completed and go live by New Year's Day, 2025.
- The app must comply with all relevant banking regulations and security standards.
Acceptance Criteria
- The app provides access to all customer accounts.
- The app includes all features and functionality of the online website.
- The app implements the latest industry standard security measures.
- The app greets users with a jingle and personalized message.
Appendix
- User Interface Mockups
- Data Flow Diagrams
- Security Audit Results
Approval
- Prepared by: Bob Frapples
- Email: mikemeier@mad-tech.ai
- Date: 12/19/2024
- Approved by: [Approver's Name]
- Date: [Approval Date]