Agile Transformation

Success Story

Mujeeb Zahur & S.M. Afif Zaidi

22/10/2016
Copyright 2016 by S&P Global.
All rights reserved.

S&P Global Market Intelligence: Demographics

11,000+

Total Scrum Teams: 57

Total Employees

34

Geographies
Legacy SNL

Agile Rollout Status

LegacySNL: Completed in 2011
S&P Capital IQ: Pilot phase completed
in September 2016

S&P Capital IQ

SPGMI

600+

Total Scrum Team

Members
Private & Confidential

S&P Global Market Intelligence: Overview

S&P Global Market Intelligence combines broad data, powerful analytics, and deep sector
intelligence to give our clients unrivaled insight into the companies and markets they follow

Private & Confidential

S&P Global Market Intelligence: History

1987
SNL was founded

1999
Capital IQ was founded

Reid Nagle started SNL

Financial (originally named
S&L Securities) in New
Jersey, with an initial focus on
the savings and loan industry.

Neal Goldman, Steve Turner,

and Randall Winn started
Capital IQ, offering financial
software, analytics, and data.

2004
Capital IQ sold to
McGraw Hill Financial
The rapidly growing business
was sold to leading financial
intelligence company McGraw
Hill Financial.
.

2010
S&P Capital IQ was formed
Capital IQ expands its offerings
to include solutions from
Standard & Poors (S&P),
another McGraw Hill Financial
company.
.

2011
S&P Capital IQ merges into
McGraw Hill Financial

2015
McGraw Hill Financial
acquires SNL Financial

2016
S&P Global Market
Intelligence Launches

With capabilities fully

incorporated with all of S&Ps,
the company moved from
standalone subsidiary to a
McGraw Hill Financial company.

This acquisition brings deep

product experience and rich
financial data, news, and
analysis to the McGraw Hill
Financial family.

The two companies join forces to

bring clients the most sectorspecific, comprehensive, and
reliable financial intelligence in
the industry.

Private & Confidential

Agile

Transformation?
Adoption?
Private & Confidential

Agile Myths
Agile is New
Agile is better/worse than waterfall
Agile development is a methodology only for software development
Agile is only Scrum
Agile is undisciplined
Agile means no planning, no documentation, no design
Agile requires that stakeholders and teams work in a single location
Agile does not scale Agile is only for small projects
Agile is easy
Agile is silver bullet / success guaranteed
Agile gives instant benefit magic wand
Agile is faster
Private & Confidential

Agile Transformation at SPGMI

Vision and commitment
Acceptance to Change
Training
Defining Roles
Incremental Change/Adaptation
Company Project Prioritization
(Formation as an Agile Organization)
Self organized scrum teams delivering on our internal
and external products Disciplined Agile Practices
Agile Framework
(Required due to a big number of Scrum Teams)
Private & Confidential

Agile Transformation at legacy SNL & SPGMI

Agile rollout initiated back in Mid 2010 (legacy SNL)
Methodology: Scrum
Total Scrum Teams: 43 involving around 500 technology team members
Initial Agile rollout for few teams (roll out at legacy CIQ side, combined SPGMI)
Slowly adding in the team to agile, phased approach
Scrum Team Distribution
Distributed & Co-located
Scrum Team Composition
Product Owner & Project Owner
Scrum Master
Team (comprising of Developers, SQA, Project Managers, UAT & UI Designers)
Number of Sprints: 4
3 development sprints
1 regression sprint
Release after every 4 months
Sprint Reviews
Scrum of scrums
Retrospective
Celebrate Success!!!
Private & Confidential

Benefits of Agile Transformation to the business

Successful rapid and iterative product releases of high value within
established timelines
Enhanced product quality through continuous feedback
Effective collaboration between business and technology
Flexibility in changing priorities based on user feedback
Establishing clear project timelines and estimations
Shared sense of ownership and accountability across the organization
Improved motivation through reward and recognition

Private & Confidential