Agile Data Management System for Smart Banking

Padidarfard, Milad; Sharif, Atefeh; Hasanzadeh, Mohammad; Amini, Mostafa; Nezarat, Amin

doi:10.22054/dcm.2025.84257.1261

Agile Data Management System for Smart Banking

Document Type : Original Article

Authors

Milad Padidarfard ¹

Atefeh Sharif ²

Mohammad Hasanzadeh ³

Mostafa Amini ⁴

Amin Nezarat ⁵

¹ Ph.D. Candidate of Knowledge and Information Science, Tarbiat Modares University, Tehran, Iran

² Assistance Professor, Department of Knowledge and Information Science, Tarbiat Modares University, Tehran, Iran

³ Professor, Department of Knowledge and Information Science, Tarbiat Modares University, Tehran, Iran

⁴ Post-doc., Department of Knowledge and Information Science, Tarbiat Modares University, Tehran, Iran

⁵ Ph.D. Researcher, ICT Research Institute, Tehran, Iran

10.22054/dcm.2025.84257.1261

Abstract

Purpose: The main objective of this research is to present an agile data management system for the intelligent banking industry, by leveraging agile principles, the proposed system aims to support banks in generating data-driven value and smart banking.
Method: The research is grounded in the principles of systems thinking, data-centricity, lean thinking, and the agile manifesto. With a practical and developmental purpose, it employs deduction and exploration to draw conclusion. The methodology combines design science and meta-synthesis. Following the design science process, explaining the problem, describing the solution, designing initial solution (using meta-synthesis) validating the solution, and then sharing the results were all steps in the study.
Findings: The results consist of codes organized into four-tier structure: design domain, theme, category, axial code, and open code. These are presented as a conceptual model-compromising level zero and level one- which serves as the reference model for an agile data management system for smart banking.
Conclusion: An agile data management system, like any other system, it is essential to consider the data management system as having four elements: input (goals), processing (enablers), output (results), and feedback (based on agile and lean thinking). The banking industry has been slow to adopt new technologies, with many banks still reliant on mainframes. This hesitation stems partly from increased caution due to rising cyber-attacks and partly from concerns about regulatory requirements. The proposed model addresses banks' concerns by demonstrating how to integrate agile methods into a data management system for a smart bank.

Keywords

Agile Data Management

Smart Banking

Systems Thinking

Agile Manifesto

Lean Thinking

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