Possible's Loan Management System (LMS) currently supports one primary loan product—a short-term installment loan. The leadership team now wants to support multiple loan types (e.g., installment loans, revolving credit, and line-of-credit-style products) from a single scalable platform. This challenge assesses your ability to design a complex platform migration strategy that balances reliability, compliance, and innovation while keeping active customers unaffected.
Scenario: "The Multi-Product Transition"
The current LMS was designed years ago as a service, not a standalone product. It lacks unified tools for:
You've been asked to design a strategy that transitions the LMS from its current form to a multi-product, auditable platform over the next 12–18 months—without disrupting active customers.
You may assume:
Record a video walking us through your approach, and submit a one-page LMS Modernization Roadmap with your AI usage declaration.
Design phased migration strategies for complex financial systems that balance technical debt with new capabilities
Integrate compliance, auditability, and data accuracy as first-class product requirements in platform design
Lead cross-functional alignment across Legal, Finance, Engineering, and Leadership on shared platform milestones
Identify and mitigate risks in financial system transformations (repayment drift, audit lag, legacy dependencies)
Structure product roadmaps that sequence work from stabilization through scaling while maintaining customer trust
Submit the following two deliverables:
Deliverable 1: Video Response File Name: PossiblePM_Video_[YourName].mp4
Requirements:
Deliverable 2: Written Artifact - LMS Modernization Roadmap File Name: PossiblePM_Roadmap_[YourName].pdf or .docx
Requirements:
AI Usage Declaration (required in written artifact): ☐ I did not use any AI tools ☐ I used AI tools (briefly describe how, including prompts and edits)
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