Building a Banking Data Architecture using BIAN

The world of banking is rapidly evolving, and with it, the need for efficient and reliable data architecture has become more critical than ever. To meet this need, the Banking Industry Architecture Network (BIAN) has emerged as a crucial player in developing banking data architecture.

Last night, I had the pleasure of attending an insightful webinar at 11:00 pm Brisbane time, focused on building a banking data architecture using BIAN. The session covered a range of topics, including the mission, members, objectives, and architecture definition of BIAN.

One of the key takeaways from the webinar was the importance of data management in building a banking data architecture. The session emphasized the significance of the DAMA DMBoK V2 (Data Management Body of Knowledge) and its three levels of data architecture - conceptual, logical, and physical. The webinar highlighted the fact that data management is critical to the success of any banking data architecture, and it should be given due consideration while building an architecture.

The metamodel of BIAN was also discussed in detail during the session. The metamodel is essentially a conceptual framework that describes the relationship between the various components of the banking data architecture. By understanding the metamodel, attendees gained a better understanding of how BIAN can be leveraged to build an efficient and effective banking data architecture.

Overall, the webinar was an excellent source of information on the world of banking data architecture and the role of BIAN in this space. Attendees learned that BIAN is an open and collaborative platform that brings together industry experts to develop standardized architecture that is both efficient and scalable. By providing a common language and framework for banking data architecture, BIAN is helping banks to optimize their operations, reduce costs, and improve customer satisfaction.

In conclusion, I found the webinar to be an extremely informative and insightful session that provided me with a deeper understanding of the world of banking data architecture and the importance of BIAN in this space. The session served as a reminder that data architecture is a crucial component of banking operations and must be given due attention while building an architecture. BIAN is an essential tool that can help banks achieve their objectives by providing a standardized and scalable architecture that meets the needs of the modern banking landscape.

Product Manager

Product Management

Product Management is strategically driving the development, market launch, and continual support and improvement of a company’s products. 

Product Manager

Product manager is strategic in practice and “focused on the long-term vision for the product, on observing trends in the marketplace, on identifying new potential outcomes or themes to be supported by the product, on supporting the sales/adoption of the product, and on ensuring the product meets the needs of the value streams the product is involved with.” A product manager is the person who identifies the customer need and the larger business objectives that a product or feature will fulfill, articulates what success looks like for a product, and rallies a team to turn that vision into a reality.

Product Manager roles

• Long-term strategy
• Product vision
• Market trends
• Identification of new opportunities

A Product Manager is typically involved in

• Product marketing
• Supporting product sales
• Budgeting
• Long-term envisioning
• Customer care
• Supporting the solution-delivery team

Product Manager responsibilities

Specific responsibilities vary depending on the size of the organization. 

• In larger organizations, for instance, product managers are embedded within teams of specialists. Researchers, analysts, and marketers help gather input, while developers and designers manage the day-to-day execution, draw up designs, test prototypes, and find bugs. These product managers have more help, but they also spend more time aligning these stakeholders behind a specific vision.

• On the flip side, product managers at smaller organizations spend less time getting everyone to agree, but more time doing the hands-on work that comes with defining a vision and seeing it through.

Broadly speaking, though, a good product manager will spend his or her time on a handful of tasks

• Understanding and representing user needs
• Monitoring the market and developing competitive analyses
• Defining a vision for a product
• Aligning stakeholders around the vision for the product
• Prioritizing product features and capabilities
• Creating a shared brain across larger teams to empower independent decision-making

#ProductManager #ProductManagement #Job #Australia #Brisbane 

Staying Positive in Tough Times

 😇 Staying Positive in Tough Times - Just created a very brief guide.

🎄 Decembers are mostly holiday times across globe and a Time to give yourself some peace of mind professionally and introspect.

Gist: Most importantly, talk/share with someone during tough times and do not keep everything with yourself.

Note: I have knowingly not created this document as Verbose. Feel free to reach out for elaboration or real life examples.

7 Key Responsibilities if you aspire to be a PRODUCT OWNER

#Product #Owner #Key #Responsibilities #Aspire #Define #Vision #Need #Prioritization #Product #Backlog #Management #Client #Need #Anticipation #Liaison #With #Cross #Functional #Team #Keep #Track #Of #Agile #SDLC #Phases #Progress #Evaluation