success story

Leading Banking Firm Scales Agile with Virtusa’s Output-driven POD model

Ramped up PODs in less than 3 weeks

The Challenge

Our client, a major U.S. bank, was working on multiple technology stacks in an agile manner. They were looking to accelerate technology transformation and improve the agile maturity in parallel. Their partners had to align with the outcomes with higher ownership and scalability. The client faced the following challenges:

  • Multiple cross-platform tech transformations stagnated with a legacy model of development
  • Incumbents are not supporting the customer in their transformation in an Agile way
  • Demonstrating efficient ROI for delivered stories
The Solution

Virtusa maximized the ROI with optimal product-oriented development (POD) team setup through operational transparency and eliminating wasted efforts. We drove agile maturity with the following key salient points:

  • Self-starting Agile POD-based delivery across LOBs, with optimized feature teams
  • Outcome-driven engagement model with standardized metrics and governance across >25 PODs
  • Specialized frameworks and Standard interfaces to host multiple systems, security & sessions     management
  • Committed Non-value time reduction with DevOps and automation across the SDLC
  • Dedicated academy model with self-starting PODs
  • PODs ramped in 2-3 weeks of lead-time across all locations
Virtusa’s Output driven POD model
The Benefit

With agile maturity, the client could achieve a cost-efficient, scalable development and engagement model. 70% of current PODs are operating at a mature agile state for the client. Some of the other benefits for the client are:

20% effort reduction to deliver per unit story point

50% of PODs are ready to move to smaller go-live cycles driving faster lead time to market

0.1% defects leakage to higher and live environments

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