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Accelerating Requirements Gathering: How AI Delivered in Minutes, Not Weeks

A real-world application of payments modernization AI to deliver faster and with greater accuracy.

A Tier 1 European bank faced a critical challenge—resourcing constraints left them without the Business Analysts or Product Owners needed to develop essential Verification of Payee business scenarios.

Using AnalystAccelerator.ai, RedCompass Labs adopted a faster, more efficient process that outperformed traditional methods—setting a new standard for requirements gathering and delivering a real-world example of the power of Applied AI.

Our services in action

The Challenge

A Resource Bottleneck Slowing Progress

Lack of resource

The bank lacked dedicated Business Analysts or Product Owners to develop detailed Verification-of-Payee business scenarios, delaying critical assessments.

Lengthy manual process

Traditionally, producing these scenarios required 10-14 days of focused work by expert Business Analysts—creating a major bottleneck.

Critical output for project

Without accurate business scenarios, the bank risked delays in evaluating vendors and making critical decisions.

The Solution

AI-Powered Acceleration with AnalystAccelerator

Requirements in minutes

AnalystAccelerator.ai rapidly produced 47 detailed and accurate business-level requirements tailored to the bank’s payments infrastructure.

Expert validation

RedCompass Labs’ team reviewed and refined the AI output in less than two hours, ensuring accuracy and completeness.

Seamless acceptance

After reviewing the outputs, the bank accepted them without changes, stating the quality surpassed their previous manually created scenarios.

The Results

By leveraging AI, the bank dramatically reduced turnaround time, enabling faster decision-making and project progress.

The AI-generated requirements met and exceeded the bank’s expectations, proving that AI-driven processes can enhance accuracy and effectiveness.

This success demonstrated how AI can augment expertise, freeing up human resources for more strategic initiatives while accelerating critical project phases.

10-14 days of work in under 3 hours

Higher quality than traditional methods

A scalable, future-proof solution

AI-Powered Efficiency: Delivering Quality Beyond Expectations

AnalystAccelerator.ai transformed how we approach requirements gathering. What typically took 10-14 days of dedicated work was completed in under three hours, with results that exceeded our previous benchmarks. The accuracy and depth of the business scenarios not only saved us valuable time and resources but also gave us greater confidence in our decision-making process. This has completely changed how we think about AI’s role in payments modernization.

Payments Services Lead, Tier 1 European Bank

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