Transact New Implementation II
Automated ARD Generated via Make.com Workflow
Document Version: 1.0 | Last Updated: 04/28/2025
1. Project Overview
Primary Objective
The primary objective of the Transact New Implementation II project is to migrate all retail banking accounts from Test Republic Bank's legacy mainframe system to the cloud-based Temenos' Transact SaaS solution, ensuring continuous client access throughout the transition.
Success Metrics
- Zero downtime for client access during migration.
- Successful migration of 100,000 retail accounts to Temenos' Transact by New Year's Eve, 2025.
- Full integration with third-party systems: Paymentus for payments and LendingPad for loan origination.
- Automated testing coverage using Selenium.
- Compliance with UI design constraints (shades of blue only).
Business Value Statement
Migrating to Temenos' Transact will modernize our banking infrastructure, improve operational efficiency, and enhance customer experience by leveraging the capabilities of a cloud-based solution.
2. Stakeholder Analysis
| Role | Name | Contact | Decision Authority (Y/N) |
|---|---|---|---|
| Project Sponsor | Mike Meier | mike.meier@example.com | Y |
| IT Director | Jane Smith | jane.smith@example.com | Y |
| Business Analyst | John Doe | john.doe@example.com | N |
| QA Lead | Emily Johnson | emily.johnson@example.com | N |
3. Functional Requirements
User Stories
| Story ID | Role | Description | Acceptance Criteria |
|---|---|---|---|
| US001 | Bank Client | As a bank client, I want uninterrupted access to my accounts during the migration process. | Clients can access their accounts at all times during the migration. |
| US002 | System Admin | As a system admin, I want to ensure that all accounts with $100 or less are purged and refunded. | Accounts with $100 or less are purged, closed, and refunds are issued. |
| US003 | IT Integration | As an IT specialist, I need Temenos' Transact to integrate with Paymentus and LendingPad. | Successful integration with Paymentus and LendingPad systems. |
| US004 | QA Engineer | As a QA engineer, I need automated tests using Selenium for all functionalities. | Comprehensive Selenium tests are in place and pass for all functionalities. |
| US005 | UI/UX Designer | As a UI/UX designer, I need the interface to use only different shades of blue. | The interface uses only different shades of blue. |
4. Technical Constraints
Integration Requirements
- Must integrate Temenos' Transact with Paymentus for payment processing.
- Must integrate Temenos' Transact with LendingPad for loan origination services.
Compliance Standards
- Ensure compliance with relevant banking regulations.
- Adhere to data protection and privacy laws.
Architecture Diagram URL
Architecture Diagram
5. Timeline Parameters
Sprint Cadence
14 days
Key Milestones
| Milestone | Due Date | Owner |
|---|---|---|
| Project Kickoff | 05/01/2025 | Mike Meier |
| Completion of Initial Integration | 09/30/2025 | IT Team |
| Automated Testing Setup | 11/30/2025 | QA Team |
| User Acceptance Testing (UAT) | 12/15/2025 | All Teams |
| Go-Live | 12/31/2025 | Mike Meier |
6. Risk Profile
Risk Matrix
| Risk Description | Likelihood (1-5) | Impact (1-5) | Mitigation Strategy |
|---|---|---|---|
| Data migration issues | 3 | 5 | Conduct thorough testing and validation before go-live. |
| Integration failures with Paymentus or LendingPad | 2 | 4 | Perform integration tests and have contingency plans. |
| Automated testing failures | 2 | 3 | Regularly update and maintain Selenium scripts. |
| Non-compliance with UI design constraints | 1 | 2 | Conduct regular UI reviews and enforce design guidelines. |
7. Approval Workflow
Signatories
| Name | Role | Approval Status | Signature Timestamp |
|---|---|---|---|
| Mike Meier | Project Sponsor | Approved | 04/28/2025 |
| Jane Smith | IT Director | Pending | |
| John Doe | Business Analyst | Approved | 04/28/2025 |
Appendix
- Revision History: Initial version created on 04/28/2025.
- Automated Validation Results: All validation checks passed as of 04/28/2025.
- Risk Exposure Score: 75/100