Dashboard
Documents
Archive
Settings
New Project
New Proposal
New Document
Code Review
Code Documenter

Project Vision Document

1. Project Overview

Project Name: Temenos Transact Implementation Test Republic 3

Project Sponsor: Test Republic Bank

Project Manager: [Project Manager]

Document Version: 1.0

Last Updated: 10/21/2024

2. Vision Statement

The vision of the Temenos Transact Implementation Test Republic 3 project is to seamlessly transition Test Republic Bank’s 30-year-old legacy mainframe banking system to the cloud-based SaaS Temenos Transact platform. This will ensure uninterrupted access for all clients, provide a modern and efficient banking solution, and integrate seamlessly with existing third-party systems to enhance user experience and operational efficiency.

3. Business Objectives

  • Successfully migrate all account information from the legacy system to Temenos Transact without disrupting client access.
  • Ensure all facets of Temenos Transact are fully operational by New Year's Eve, 2024.
  • Integrate Temenos Transact with Paymentus for third-party payments and LendingPad for loan origination.
  • Automate testing using Selenium code to ensure reliability and efficiency.
  • Ensure the user interface uses only different shades of blue to maintain brand consistency.

4. Project Scope

In Scope:

  • Migration of all account information from the legacy system to Temenos Transact.
  • Ensuring continuous client access during the migration process.
  • Integration of Temenos Transact with Paymentus and LendingPad.
  • Development of Selenium code for automated testing.
  • Design and implementation of a UX using only different shades of blue.

Out of Scope:

  • Changes to account types or banking products.
  • Development of new banking features outside of Temenos Transact’s existing capabilities.
  • Major redesigns of third-party systems (Paymentus, LendingPad).

5. Stakeholders

  • Project Sponsor: Test Republic Bank
  • Project Manager: [Project Manager]
  • IT Department: Overseeing technical implementation and integration.
  • Compliance Team: Ensuring regulatory requirements are met.
  • Customer Support: Handling client inquiries and support during the transition.
  • Clients: End-users who will be affected by the migration.
  • Third-Party Vendors: Paymentus and LendingPad for integration.

6. Deliverables

  • Complete data migration from the legacy system to Temenos Transact.
  • Fully operational Temenos Transact system by New Year's Eve, 2024.
  • Integration with Paymentus and LendingPad.
  • Selenium code for automated testing.
  • UX design using different shades of blue.

7. Assumptions

  • All necessary data from the legacy system is available and accessible for migration.
  • Temenos Transact will be compatible with Paymentus and LendingPad.
  • Sufficient resources are available for the development and testing phases.
  • Clients will not experience significant downtime during the migration.

8. Constraints

  • The project must be completed by New Year's Eve, 2024.
  • Budget limitations for the migration and integration processes.
  • Limited downtime allowed to ensure clients have continuous access to their accounts.

9. Risks

  • Risk 1: Data migration issues leading to potential data loss or corruption.
  • Risk 2: Integration challenges with Paymentus and LendingPad causing delays.
  • Risk 3: Potential client dissatisfaction due to unforeseen issues during the migration.

Prepared by: Mike Meier
Email: mikemeier@mad-tech.ai
Date: 10/21/2024

Document Link
Temenos Transact Implementation Test Republic 3 Project Vision Document