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ISCOVER
Staff Reporter
NextGen.Net’s decision to upgrade its system updates from quarterly to monthly has been applauded by key industry stakeholders.
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Speaking about NextGen’s latest enhancement, the Commonwealth Bank of Australia’s executive general manager third party and mobile banking Kathy Cummings said the process was a “welcome innovation”.
“It allows us to get to market faster and reduces the operational risk because it reduces the scope of the change package and corresponding code,” Ms Cummings said.
“It’s preferable for changes to go out in drip feeds as opposed to one large file that has to undergo system updates.”
NextGen.Net’s sales director Tony Carn said he was pleased to see the changes were having a positive impact on the industry and was currently working on upgrading the system to weekly updates.
“This update in frequency has allowed lenders and brokers to benefit from the ability to effect changes in products, data requirements in an independent manner that is not reliant on other parties making changes in the same cycle,” he said.
“We’re now in the process of moving to weekly cycles.”
The transition to weekly release cycles will entail providing automated build and sign-off tools that can be effectively utilised to accommodate a broad range of change management procedures across a number of unique systems.
“For example, a change that a lender may make to a loan product needs to be adapted to suit its own processing system as well as the broker group CRM, qualification and comparison tools.”
