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First North believes that to be truly successful in the development and sales of financial industry products as well as the delivery of customer solutions, the ability to execute based on a proven consulting methodology is critical. Whether you are defining strategic business objectives , assessing the market opportunity, or gathering detailed functional requirements, a consultative approach is a major advantage. First North has extensive experience in consulting for both the development and integration of products as well as the delivery of services including:
Domain
Banking & Risk Management
Securities Trading
Securities Settlement
Wealth Management
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Capabilities
Benefits Realization
Program Governance
Product Management
IT Service & Architecture
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Service Delivery
First North is a proven service delivery company including many engagements at major financial institutions and industry product companies. We follow a strict service delivery process whether implementing a customer solution or an internal project including the development of a new product or service offering. Flexibility in our delivery process allows us to execute on one or more of the necessary stages on behalf of our customers including:
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Requirements Assessment
Product Definition
Software Specifications
Quality Assurance
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Project Management (PMO)
Software Development
Implementation
Production Rollout & Support
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For a download, please click here (it's the solution delivery PDF download)
Product Development
Depending upon one's professional role may determine the individual's perspective of what "a product is". Many business personnel tend to view a product as the service offering they make available to their own customers (i.e. An investment plan) while technology personnel may view product as the automation of that service offering (i.e. system or platform the investment plan may operate on). Regardless, products come in many forms and First North maintains a unified view that would encompass most business and technology perspectives. Whether or not we are developing a new product internally or we are the service provider for a customer who is, our process in developing a product remains consistent including:
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Market Research
Product Lifecycle
Product Differentiators
Product Positioning
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Feasibility (Cost/Benefit)
Segment Growth
Demand/Acceptance
Competitive Advantage
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