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So What is Scrum?

Scrum provides a framework for project management and agile software development. In 1986, Hirotaka Takeuchi and Ikujiro Nonaka described a new holistic approach that was designed to increase speed and flexibility in the development process for new commercial products.

They compared this new holistic approach to the sport of Rugby. The Scrum development phases overlap and the entire process is performed by one cross-functional team across the different phases. Similar to Rugby, where the whole team “tries to go the entire distance as a unit passing the ball back and forth”. Note - this is where the name Scrum came from - it was their favorite Rugby team! Scrum is not an acronym!

Scrum was first used for the management of software development projects. The beginning case studies came from the automotive, photo machine, computer and printer industries. Now Scrum is also used to run software maintenance teams and for general program/project management.

Scrum is seen as a “process skeleton” containing defined practices and roles.

The key roles in Scrum are:
1. “ScrumMaster” - maintains the processes (similar to a project manager)
2. “Product Owner” - represents the stakeholders and the business
3. “Team” - a cross-functional group of approximately 7 people who perform the analysis, design, implementation, testing, etc.

DEFINING THE SPRINT
A “sprint” is typically a 2 to 4 week development period decided by the team. This timeline is the time required for the team to meet a milestone such as development of a shippable "beta" product(ex: working/tested software).

THE PRODUCT BACKLOG
The set of features that are assigned to a sprint come from the product “backlog”. The backlog is a prioritized set of high level requirements of work to be completed. Specifying which backlog items go into the sprint is determined during the sprint planning meeting. The Product Owner informs the team of the items in the product backlog that need to be completed. The team determines how much of this they can commit to in order to complete the next sprint. Then the sprint is set to start.

FROZEN SPRINT
During a sprint changes are not allowed in the sprint backlog. In other words-the requirements are frozen for the active sprint. After a sprint is completed, the team demonstrates how to use the product(ex: software).

STRONG CROSS-COLLABORATION
Scrum promotes self-organizing teams that co-locate all of the team members assigned to the project. Scrum also requires frequent, in person, verbal communication across all team members and disciplines that are involved in the project.

CUSTOMER REQUIREMENTS FLEXIBILITY
A key benefit to Scrum for customers is that during a project the customers can offer additional requests or change their minds about what they want and/or need. In a traditional development process customers’ needs cannot be taken into consideration as the process is too rigid. Scrum promotes the approach of focusing on maximizing the team’s ability to deliver quickly and respond to the customers emerging requirements.

World-Check - Due Diligence (EDD) services - Global Company Background Checks

If you are thinking of Partnering with a new company outside of the US and wonder what their "status" is - you may want to engage World-Check services!

In this down economy many companies are searching for new global opportunities in emerging markets. These new locations can present unusual challenges such as; corruption, organized crime, weak laws, unenforceable contracts, terrorist financing and money laundering. These are all common threats that have to be identified, assessed and mitigated prior to entering into a business relationship.

Effective risk management is key - you need to know who you are dealing with.
It is prudent to really understand the backround of international clients, business partners, distributors, agents and consultants. Especially before committing to an offshore deal, business association or foreign investment.

World-Check offers IntegraScreen Reports for international financial institutions and multinational corporations. The reports ensure compliance with; Anti Money Laundering (AML) regulations and legislation with trans-national reach. The USA PATRIOT Act and anti-corruption legislation like the Foreign Corrupt Practices Act (FCPA) contain specific customer due diligence requirements, especially within the context of emerging markets and offshore locations.

World-Check will assist you with Compliance, privacy and regulation laws. Note that in he process they have a strict policy that only publicly available records are accessed and used in their research. They do use digitised information on file but also access paper records as most public records held outside of the US in under-developed economies are not in an electronic format.

World-Checks Due Diligence Reports provide you with comprehensive background risk assessments of prospective and existing clients, M&A targets, IPO candidates, business partners and agents. These reports are designed to help YOU mitigate international business, legal and reputational risks.

If you are performning due diligence you will soon find that ‘publicly accessible’ does not mean ‘easily accessible’. World-Check has a global reach with local research experts to ensure accurate, comprehensive and consistent reporting for your company.

Contact World-Check for IntegraScreen Reports if you are ....
• Conducting pre-merger and acquisition inquiries and pre-IPO due diligence
• Entering into new international joint ventures
• Taking on a new banking or financial client
• Engaging overseas business partners
• Following regulatory compliance and corporate governance best practice
• Creating a consistent and auditable AML and anti-corruption compliance program

World-Checks IntegraScreen due diligence reports provide detailed risk insight to reduce business, legal and reputational risks. If you need help email: edd@world-check.com. Tell them The JamieWire sent you!

Silanis releases SMS Txt and Voice Authentication - Insurance and Financial Services Solution

Silanis Technology,Montreal,QC announced SMS text authentication and voice authentication features for its ApproveIt Web Server e-signature process management solution. Silanis is the leading provider of Electronic Signature Process Management solutions for the insurance and financial services companies. They sell to major government agencies, integrators and service providers to increase business transactions, reduce costs and to improve compliance with legal and regulatory requirements.

The company’s electronic signature platform, ApproveIt®, is an enterprise-class e-signature process management solution that transforms paper-based business transactions to all-electronic, Web-based processes for e-commerce and e-government.

Silanis Technology's ApproveIt Web Server e-signature process management solution now supports SMS text authentication and voice authentication features. This functionality provides an extra layer of security for in-person, click-to-sign processes also eliminating hardware requirements.

What problem is solved?
In the past when a customer was working with an agent or representative the customer had to share the agent/reps laptop or desktop computer. This is not a very secure practice and it raised the question of who actually e-signed te documents.

How the new Agent/Representative process works
SMS text authentication - The agent/rep enters the customer’s mobile number prior to e-signing. A unique PIN is then automatically generated by the application then sent to the customer’s cell phone as a text message. The agent hands over their computer to the customer who then must enter the unique, one-time password in order to continue the e-signing process.

Voice authentication - The voice process displays a Web page that prompts the customer to record a verbal statement that he or she has reviewed all documents and agreed to the contract terms. Once the voice statement is captured, the customer then ’clicks-to-sign’ using their mouse.

Compliance and Regulatory evidence
ApproveIt Web Server captures the authentication processes as part of the Electronic Evidence™. Once the customer is logged on - the web-based service captures the entire application review and signing process. Including all of the Web pages displayed to customers, how long they spend on each page, the areas they clicked on, agreed to, and signed. This provides much stronger evidence than prior paper trails.

Secure digital signing fraud reducton - The signed documents and Electronic Evidence are also secured with digital signature technology to ensure that no changes can be made without visibility invalidating the electronic signatures. The strong Electronic Evidence captured by the solution helps to reduce the risk of fraud or repudiation. This solution would also be very useful in the Real Estate and rental markets!