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Question
Your company is responsible to ensure the successful merger between two Banks and their systems. The first bank has an old legacy system for their savings product which is linked to a modern Customer Relationship Management system. This system has the saving product and carries an account balance for each client. The second bank has a system that has a loan product. The loan product carries the client details and loans linked to the client in the same system. This includes client details, and the original loan amount, the loan term, interest rate, instalment amount and the balance of the loan. It is agreed by the project stakeholders that both products will be created on a new cloud-based banking system that has a configurable product module and can accommodate both savings and loan products. The CRM system shall be used to store all customer information while the new banking system shall store the products, as well as the account information around the current state of each account. The new banking system shall host the savings accounts, as well as the "run down" of all the loan accounts from the take-on date (to the new system), for the clients after migration. The old legacy saving system shall be decommissioned, and the previous loan management system made inactive so that no new business can be acquired, but a balance breakdown still available for lookup (up to the point where the migration occurred). All new clients will be in the CRM system and accounts in the new banking system. The migration of data shall occur after hours between 10pm and 4 am, from the old to the new systems. Please consider the above scenario and provide the following:
1. A context diagram.
2. A logical ERD diagram of the new system database structure.
3. A process for how this solution will be delivered by the project.
4. A sequence diagram of the new system client and balance lookup.
5. List all the types of requirements in the above scenario.
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