What is the purpose of a business requirement document (BRD) in Avaloq projects?

The purpose of a Business Requirement Document (BRD) in Avaloq projects is to detail specific business needs and objectives. This document serves as a foundational element that articulates the requirements from a business perspective, ensuring that all stakeholders have a shared understanding of what the project aims to achieve.

A BRD typically outlines the goals, scope, and expectations for the project, providing clarity on what the business seeks to accomplish. It is critical for guiding the development process, ensuring that the solutions developed through Avaloq's Integrated Customization Environment align with the defined business objectives and user requirements.

The BRD acts as a reference point throughout the project lifecycle, facilitating communication among project teams, stakeholders, and clients, ultimately helping in the successful delivery of the project that meets the specified business needs.