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Development of systematic approaches to software documentation in banking IT projects

Posted: Apr 09, 2021

Abstract

The landscape of banking IT projects presents unique challenges in software documentation that stem from the intersection of rigorous regulatory requirements, complex legacy systems, and the increasing demand for agile development practices. Traditional documentation approaches in financial institutions have largely remained unchanged for decades, creating significant inefficiencies and compliance risks. Current methodologies treat documentation as a static artifact rather than a dynamic component of the software development lifecycle, leading to substantial project delays and maintenance challenges. This research addresses the critical need for systematic approaches that can adapt to the evolving demands of modern banking technology while maintaining strict compliance with financial regulations.

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