Whether you are building a small database or an enterprise-level system that handles most parts of your operation (from Trade Management to Risk Analysis and real-time P&L), or even planning to implement an off-the-shelf software package, proper analysis is the key to successful project completion. Many people have heard the analogy of building a system to building a house. The later the stage of building a house, the more risky and costly it becomes to make changes. The same principles apply to software development.

At Bit by Bit Financial, we begin each project with an analysis phase during which we help our clients identify and prioritize business issues that must be solved by the proposed application. We conduct thorough top-down analysis of current business processes and existing technology and recommend a number of alternative solutions with respective pros and cons.

The many years of experience building custom software helped Bit by Bit Financial develop a proprietary project methodology. We recommend a phased approach to any project that lasts over four months. This minimizes scope-creep and provides faster ROI. We guide our clients through the process of defining the scope of the overall project and then help break it down to phases.

Once the project approach is defined, Bit by Bit Financial continues to work closely with the client team to develop detailed specifications and other project-related documents required for development and implementation.