Best Practice Report

Digital Labs Are A Temporary Fix

Digital Financial Innovation Needs An Agile Environment

April 29th, 2016
With contributors:
Martin Gill , Brian Hopkins , Enza Iannopollo , Benjamin Ensor , Martin Whitworth , Alex Causey , Mike Chirokas

Summary

To speed up digital innovation, many eBusiness teams at financial services firms have launched digital innovation labs. These alternative software development environments mostly sit outside of regular technology management and compliance processes. However, what digital teams gain in development speed, they often lose later, when they face unchanged testing and delivery practices and slow governance. Read this report, part of our digital financial innovation series, to go beyond a short-term labs approach with an Agile approach to innovation.

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