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Strategic IT Planning

by Apoorv Patni

Professor D. Barrett

University of the Cumberland

Organizational Leader & Decision Making (ITS-630-40)

1/26/2020

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Strategic IT Planning: 3-Step Process

What do you need to do? What is your goal?

To gather requirements for capital markets requirements to develop competency in various foreign

exchange, fixed income, cash and derivative products.

What are the things you need to get done to achieve your goal?

Developing solutions that provide insight into the importance of efficient and transparent FX processes

to traders and financial advisors.

How can you make those things happen?

 Interacting with SME’s to understand

 Gathering requirements

 Legal framework and regulatory reporting requirements.

 Updating processes

 Data Integrity

Implementation Plan

1. Set the objective for each step – Looking into invoicing and accrual tracking, vendor

management, regulatory compliance, extracting and tabulating the databases for transparency, looking

into global inflation/deflation metrics, trade performance metrics, market insights

2. Analyze internal/external factors - Budget grant, hiring new talent, forming new team, deadline,

stakeholders, project members, demand, supply

3. Develop solutions – Centralization of Data, Streamlining Software’s, reducing risk, cloud

computing

4. Implementing the plan by bringing all the requirements together and make it flow through the

implementation of the software.

Step Implementation

What Are The Roadblocks?

Ways to figure out the methods of transparency and regulatory requirements

How Can You Overcome The Roadblocks?

By implementing centralization of data and cloud data

What Resources Do You Need?

Resources can be from people, capital , hardware and software

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What Are The Timelines?

The project manager decides the timeline, when the project is scheduled to be online. Under a agile

environment 3-4 months takes to work on a solution.

What Are The Main Steps To Implement Your Plan?

The main steps for implementing the plan are the objectives and developing solutions towards and lastly

testing and implementing the solution.

This study source was downloaded by 100000802453703 from CourseHero.com on 05-22-2021 09:42:31 GMT -05:00

https://www.coursehero.com/file/55279575/Strategic-Planningdocx/

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