Successful product development requires a deep understanding of the firm’s strategy and operations, technical product expertise, excellent project management skills, a sound understanding of risk management, laser-focus on client outcomes and robust product governance to be in place.

Product governance itself extends beyond developing policy, process and frameworks. How these are embedded into the organisation and integrated with the existing risk management framework are key determinants of success. When implemented correctly, it will optimise stakeholder collaboration and the building of products and services that are profitable and within the firm’s risk appetite.

In short, done right, strong product development and governance are a huge source of commercial advantage. Opus Una will work with you to:

Validate

• Understand whether there is sufficient demand for the product and whether it is viable
• Design experiments to validate hypotheses
• Develop an approach and plan for efficient execution of validation experiments

Design

• Architect your business through best practice functional design processes
• Define the control environment to ensure the highest risk and compliance standards are met.
• Analyse and develop capabilities for new target markets

Govern

• Adapt and implement product governance to ensure new and existing products/services are:
• Market relevant
• In line with your organisation’s risk appetite and risk management capability
• Client-centric