The frd is produced by business analysts or sometimes the technical team in response to the business. This document underlies the functional requirements for implementing online banking solution (obs) for global bank ltd (gbl). [provide a list of contractual or task level assumptions and/or constraints that are preconditions to preparation of the frd. An frd or functional requirements document serves as a contract for formal statement, between the business stakeholders and the technology team, on an application’s functional requirements. Documenting the functional requirements provides several important benefits to the organisation and to the process of developing a solution.
