Based on the events mentioned, here are the identified risks and assumptions:

Integration of third-party fund management system:

• Risk: The integration process may encounter technical challenges or compatibility issues, leading to delays in implementation and potential disruptions to the existing infrastructure.
• Assumption: The third-party fund management system is well-documented and provides comprehensive integration capabilities to seamlessly merge with the existing commission system.

Development of a mobile application for financial advisors:

• Risk: The data requirements for the mobile application may differ significantly from those of the web portal, posing challenges in retrieving and syncing the necessary data from the commission system.
• Assumption: The mobile application development team has a clear understanding of the data structure and can effectively collaborate with the commission system team to address any data-related complexities.

Departure of the lead developer:

• Risk: The absence of a lead developer can lead to delays in the project and impact the overall development progress. It may also cause a loss of technical expertise and knowledge transfer.
• Assumption: Finding a suitable replacement for the lead developer will not be excessively time-consuming, and the remaining team members can manage the workload effectively until a new lead developer is onboarded.

Contact Center dashboard:

• Risk: Developing a new dashboard for the Contact Center may introduce additional complexities and requirements that were not originally considered in the project scope, potentially impacting the overall timeline and resources.
• Assumption: The requirements for the Contact Center dashboard are well-defined and can be accommodated within the existing project plan without significant modifications.

New screens for Head Office Operation department:

• Risk: Incorporating new screens requested by the Head Office Operation department may require significant modifications to the existing commission system, leading to delays and potential disruptions.
• Assumption: The new screens requested by the Head Office Operation department align with the overall project objectives and can be implemented within the existing project timeline and resource allocation.

Vendor's new version of the platform:

• Risk: Upgrading to the new version of the platform may introduce unforeseen issues or compatibility problems, potentially impacting the stability and functionality of the commission system.
• Assumption: The vendor's new version has undergone thorough testing and quality assurance, ensuring that the fixes and new functionalities will enhance the system's overall performance without introducing major setbacks or compatibility issues.

Unavailability of reports:

• Risk: The unavailability of reports that were present in the old system may impact data analysis, decision-making, and regulatory compliance, leading to a loss of critical functionality and potential dissatisfaction among users.
• Assumption: The necessary reports can be recreated or their absence can be adequately addressed through alternative reporting mechanisms or modifications to the new commission system to fulfill the reporting requirements effectively.

based on these risks how we can solve these risks and risk strategy for solving risk