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Digital Engineering / Case Study

Building a Future-Ready Engineering Team in Finance

Building a Future-Ready Engineering Team in Finance

In a dynamic and ever-evolving digital environment, even well-established institutions must continually adapt. One such leading financial market infrastructure provider recognised the urgent need to evolve their engineering capabilities to meet the growing demands of modern software delivery.

Faced with shifting resourcing needs, a demand for new in-house technical skill sets, and the challenges of a post-pandemic hybrid working model, the organisation sought a strategic partner. Not just to help them scale, but to support a deep transformation: moving from external reliance to internal resilience. That’s where Daemon stepped in.


The Challenge

The client faced a complex set of interconnected challenges familiar to many large enterprises. The shift to a hybrid, post-pandemic working model introduced new complexities in managing and scaling their workforce effectively. This evolving landscape highlighted a growing skills gap, creating a strong desire to cultivate new, future-focused capabilities within their in-house teams. This effort reduced reliance on external contractors and fostered internal expertise.

Compounding this was the immense pressure to accelerate their software delivery lifecycle. They needed to increase the pace of innovation and improve the predictability of their outcomes, all without compromising the rock-solid stability of their critical systems. What they needed was not just more people, but a transformation partner who could help them build internal capability, align teams, and establish a scalable, sustainable approach to engineering excellence.


The Approach

At Daemon, we believe that true transformation comes from enablement, not just execution. Our approach was centered on a comprehensive, two-pronged strategy designed for both immediate impact and long-term, sustainable growth.

  1. Immediate Capacity & Parallel Maturation: We began by seamlessly integrating our skilled engineering teams with the client's existing workforce. This immediately bolstered their capacity and stabilised delivery. In parallel, we initiated a deep-dive assessment and gap analysis of their current capabilities to build a tailored roadmap for their transformation.
  2. The "One Team" Culture: The core of our philosophy was to break down the barriers between client and partner. We didn't want to be just a supplier; we wanted to create a single, unified "One Team." This meant aligning with their existing ways of working while strategically introducing new methodologies and best practices.
  3. "The Sheep Dip" - Academy-Style Onboarding: A key pillar of our "One Team" approach was the implementation of a unique, academy-style onboarding process we call "The Sheep Dip." Every new team member, whether from the client's side or ours, went through the same immersive program. This process forged a unified cohort with a deep, shared understanding of:
    • Ways of Working: Consistent agile and development practices.
    • Standards: Uniform coding standards and quality assurance benchmarks.
    • Patterns: Shared architectural and design patterns for building robust solutions.

This standardised onboarding process was a game-changer. It eliminated ambiguity, accelerated productivity, and enabled every team member to contribute meaningfully from day one, dramatically cutting the time to delivery for new projects and features.


The Outcome 

The five-year strategic partnership delivered transformative results, fundamentally reshaping the client's engineering culture and capabilities. The most significant achievement was a dramatic increase in organisational agility, empowering the client's teams to adapt quickly to changing priorities and seize new market opportunities with confidence. 

Furthermore, the cultural barriers between internal and external teams were dissolved, fostering an enhanced team cohesion and a powerful, unified culture focused on collective success. This directly led to improved delivery predictability, as consistent standards and ways of working produced more reliable and high-quality outcomes. 

Finally, the new framework enabled rapid resource mobilisation, ensuring the swift deployment of skilled engineers onto critical projects. By focusing on seamless integration and sustained engineering excellence, we helped this financial leader build a resilient, self-sufficient organisation poised for the future.

If you’d like to know more about how we do things at Daemon