This article describes Pragma's unique innovation process.
Assumptions
Innovating in the field of private banking and wealth management is not an easy task, given the business domain complexity.
We think that tackling this complexity efficiently involves making a few decisions.
Choosing pragmatic technologies
Find the right balance between modernity and simplicity, allowing to focus on business complexity, i.e. developing relevant cross-module features for front-officers and clients.
An absolute focus on business first
Truly understand business needs & know how to implement is the perfect combination. Less intermediation results in improved reactivity, less and faster iterations.
Nailing the abovementioned results in 10X software, 10X faster, at half the cost.
Our proposal
Rapid prototyping is an innovative offering, aiming at solving concrete business problems or use-cases through technology.
It is your dedicated innovation lab allowing acceleration.
It is business analysis & UX design on steroids.
The approach is based on a deep understanding of user journeys and business needs, immediately followed by a period of "make & iterate".
Business comes first, thus we try to come with real technological solutions rooted in pragmatism, concreteness and craftsmanship.
- Coming from the business, we understand the needs faster
- Our tech stack allows us to deliver functional prototypes in record time
The approach turns years into weeks, with better outcome
How it works
The process has a low barrier to entry and no step is too big.
- Choose a journey: either from our proposals or an entirely new one
- Understand: 1-3 workshops, ideally with end-users and stakeholders
- Define KPIs: agree on a few metrics to rate the solutions later in the process
- Build: we build a first functional prototype in 1-4 weeks, leveraging our platform
- Iterate: once a week, we gather remarks/feedbacks, uncover new problems, discuss and improve the prototype
- Deliver: functional & satisfactory prototype, KPIs, user feedbacks, and much more...
- (Optional) Continue: improve with real anonymized data, work on integration with existing systems