Posts

"Changing Tyres of a running car"

Sometime back, we migrated our, Production live product, from our own data center to Cloud. It was like "Changing tyres of a running car" We as a team recognized the paramount importance of harnessing cloud technology to drive innovation and scalability within our organization. With the increasing demand for digital transformation, we needed a robust cloud solution that could meet our evolving needs. We aimed to leverage AWS's extensive suite of services to enhance our infrastructure, improve agility, and optimize costs. We embarked on a thorough evaluation of AWS's capabilities, diving deep into its features, performance, and security offerings. Collaborating closely with stakeholders, we identified key workloads and applications suitable for migration to the AWS cloud. Drawing upon our expertise in cloud architecture and DevOps practices, we developed a tailored migration strategy, encompassing deployment automation, resource optimization, and security enhancements....

The Vital Role of Merchant Onboarding in Fintech Organizations

How Merchant onboarding plays a pivotal role in driving growth and success for organizations. Let's delve into why this aspect is not just important, but crucial for fintech/other companies: 🔒 Security First: In an era where data breaches and cyber threats are ever- present, ensuring robust security measures during merchant onboarding is paramount. Implementing rigorous KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures safeguard both merchants and customers, fostering trust and credibility. 🛠️ Ease of Onboarding: Simplifying the onboarding process for merchants is key to accelerating business growth. Intuitive interfaces, streamlined workflows, and automation not only enhance user experience but also reduce friction, enabling swift market entry for merchants. 💼 Cross-Selling Opportunities: Merchant onboarding isn't just about acquiring new clients—it's also a strategic opportunity for cross-selling complementary products and services. By leveraging insi...

Types of Leadership Styles

  Types of Leadership Styles Democratic Leadership Autocratic Leadership Laissez-Faire Leadership Strategic Leadership Transformational Leadership Transactional Leadership Coach-Style Leadership Bureaucratic Leadership Then, I'll show you a leadership style assessment based on this post's opening sentence to help you figure out which leader  you  are. 1. Democratic Leadership Commonly Effective Democratic leadership is exactly what it sounds like -- the leader makes decisions based on the input of each team member. Although he or she makes the final call, each employee has an equal say on a project's direction. Democratic leadership is one of the most effective leadership styles because it allows lower-level employees to exercise authority they'll need to use wisely in future positions they might hold. It also resembles how decisions can be made in company board meetings. For example, in a company board meeting, a democratic leader might give the team a few decision-rel...

METHODS OF PROJECT ESTIMATIONS

METHODS OF PROJECT ESTIMATIONS 1. POKER ESTIMATE Bring together a team of programmers and BAs, voice client's request for them, let each do own estimation quietly and then compare and discuss. Those who give the highest and lowest estimations provide arguments and the whole team should negotiate on the realistic and doable amount of man-hours to be sent to the prospect. 2. COMPARISON TO SIMILAR PROJECTS Here you need to compare the current project to the actually spent man-hours on a similar project in the past, but not to the initially estimated scope! There's also a complexity factor that should be defined and multiplied by man-hours planned. 3. BOTTOM UP & TOP DOWN Step one is to decompose your main task into several or many sub-tasks and estimate each separately. Then sum up the results to get a final estimate. Step two is to estimate the task as a whole. If discrepancy between bottom up and top down estimations is huge, you need to find a reason...