  This paper examines the current system development processes of three major
Turkish banks in terms of compliance to internationally accepted system
development and software engineering standards to determine the common process
problems of banks. After an in-depth investigation into system development and
software engineering standards, related process-based standards were selected.
Questions were then prepared covering the whole system development process by
applying the classical Waterfall life cycle model. Each question is made up of
guidance and suggestions from the international system development standards.
To collect data, people from the information technology departments of three
major banks in Turkey were interviewed. Results have been aggregated by
examining the current process status of the three banks together. Problematic
issues were identified using the international system development standards.
