Software requirements [Mandatory]

Software requirements should include:

1. Functional requirements based on the needs of the institution’s operations and processes. This involves:

a. Reviewing “Existing” process flow
b. Developing “To be” process flows
c. Developing user stories based on the “To Be” process
d. Use case elicitations based on user stories

2. Technical requirements including:

a.    Technologies supported or technology stack requirements
b.    Minimum performance metrics
c.    Reliability and availability requirements

3. Security, data privacy and risk requirements