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Tag: Software life cycle models

Financial Software Development Life Cycle: Main Stages and Models

Financial Software Development Life Cycle: Main Stages and Models

Tech
To develop software, you need to use a special algorithm. It is called SDLC (Software Life Cycle Model). This is a kind of basis that makes the process of development well-formed and facilitates the technical support of large-scale IT projects. In the article, we will consider the process of full product development in financial services. What is SDLC? SDLC is an algorithm for creating an IT product, which consists of 6 stages and covers the period from the moment a decision is made to develop it and ends when the software is no longer used. Each stage builds on the result of the previous one and provides a pool of necessary instructions to complete the next one. Its functions are regulation and formalization of the development process. This is important in teamwork when doze...