
Just remember folks, always, always do your requirements capture before buying a solution.
I built a mandate compliance system in the 1990s for AMP, Australia’s largest insurer and pension fund manager. I proposed 6 weeks of requirements gathering. They looked at me as if I were from outer space. I managed to convince them that before building a complex rule based system that was monitoring $20bn pension funds, it might be an idea to know the semantics of … you know, securities, portfolios, funds, risks etc. (Part of my motivation was that I had no clue of the formal definitions of these things myself, of course.)







