Banks and insurance companies face significant challenges that impact their
information technology (IT) project management, such as regulatory requirements, continued pressure to reduce costs, strong competition and shorter innovation cycles. Using Polarion ALM™ software can help these companies efficiently overcome key IT challenges, enabling them to trace requirements and compliance, implement regulatory requirements for risk reporting, flexibly manage classical and agile projects from one source, document tests in a systematic and auditable manner and facilitate collaboration for distributed development teams in different time zones.