Working according to plan
The first stage of Endava’s engagement with LuLu Exchange consisted of defining the precise requirements of the final product in the context of the client’s current capacities. This initial sketch of the product’s capacities could then form the basis of a roadmap for delivery.
To execute this fact-finding phase, Endava formed a small discovery team of architects, business analysts, developers, testing consultants and UX/UI experts, all overseen by a delivery manager and project manager. Work was undertaken according to The Endava Adaptive Model (TEAM). This framework for agile project management sees product owners pre-define all necessary tasks for the integrated scrum team to complete in their sprints.
Endava’s business analysts rigorously reviewed the client’s systems architecture to identify their bespoke requirements, plus the practicalities of how a new app would slot into the existing ecosystem.
Mapping out the right functions
Through these insights, the team determined that Digit9 should be built according to an event-driven microservices style.
This top-level strategic choice gave the team the clarity to identify the three parent functionalities in the app’s hierarchy of potential features. These were:
1. Centralized relationship management
The platform must be accessible for customers, administrators and regulators. Our teams identified routes for smooth onboarding, platform setup and governance oversight.
2. Centralized funds management
The scrum team were unanimous that an intuitive customer dashboard, providing full visibility over account balances, transactions and market rates, would be integral to the user experience. This should connect to a simple mechanism for topping up e-wallets and converting currencies.
3. Data insights, control and efficiency
The team identified data transparency as a further priority. The platform should be able to generate detailed reports for customers, regulators and merchants, and serve push notifications for important in-app content and news.
A model for excellence in MENA
With these key milestones defined, the team were able to create sample designs for the look and feel of Digit9. This fed into a costed roadmap for eventual delivery of a Minimum Viable Product (MVP).
Taken together, this project adds up to a prototype for the most sophisticated FX trading app in the MENA region. Endava’s work gave LuLu Exchange a design that they have taken into their in-house development work on Digit9.
The collaboration also armed the client with a powerful methodology for software production. LuLu Exchange found TEAM highly instructive and have incorporated aspects of it into their own working practices.
At the end of the collaboration, LuLu Exchange had the building blocks of a regionally-significant FinTech product and a practical framework for taking it to market.
Endava has come away from the engagement with a strong relationship with a trusted partner who are leading in a sector with huge growth potential.