Challenge

Current State

Ideation

Workshopping

Wireframes

Money Movement

User-friendly funds transfer experience for all Direct Investing clients.

UX Designer | UX Researcher | Visual Designer

Money Movement

User-friendly funds transfer experience for all Direct Investing clients.

UX Designer | UX Researcher | Visual Designer

Money Movement

User-friendly funds transfer experience for all Direct Investing clients.

UX Designer | UX Researcher | Visual Designer

MY ROLE

UX Designer- Research, Visual Design, User Journeys, User Flows, Prototyping

UX Designer- Research, Visual Design, User Journeys, User Flows, Prototyping

TEAM

Michael Kanyo- Senior Manager

Michael Kanyo- Senior Manager

Jordan Morrison- UX Designer

Jordan Morrison- UX Designer

TIMELINE

4 Months

4 Months

PLATFORMS

Fimga

Fimga

Figjam

Figjam

Confluence

Confluence

Jira- Atlassian

Jira- Atlassian

OVERVIEW

Presently, TD Direct investing and easy trade clients cannot transfer their retail/ TDCT TFSA account (cash + securities) to a direct investing or easy trade TFSA account without calling in or visiting a branch to initiate the request. Creating this capability in our online platforms will allow clients to complete this action in their colleagues to reinvest their capacity in great value- add activities.

  • Transfer savings account only- Cash only

  • Full and partial transfers

  • Transfer savings account + GICs + MHA

Presently, TD Direct investing and easy trade clients cannot transfer their retail/ TDCT TFSA account (cash + securities) to a direct investing or easy trade TFSA account without calling in or visiting a branch to initiate the request. Creating this capability in our online platforms will allow clients to complete this action in their colleagues to reinvest their capacity in great value- add activities.

  • Transfer savings account only- Cash only

  • Full and partial transfers

  • Transfer savings account + GICs + MHA

Website: https://www.td.com/ca/en/investing/direct-investing/trading/webbroker

The Challenge

As a team, we aspire to create a more user-friendly TFSA transfer experience to all Direct Investing (WebBroker) clients.

The main unmet needs we are trying to address are a more informative and accessible transfer experience, with a simplified guided flow that is integrated into the Wealth self-serve ecosystem.

As a team, we aspire to create a more user-friendly TFSA transfer experience to all Direct Investing (WebBroker) clients.

The main unmet needs we are trying to address are a more informative and accessible transfer experience, with a simplified guided flow that is integrated into the Wealth self-serve ecosystem.

As a team, we aspire to create a more user-friendly TFSA transfer experience to all Direct Investing (WebBroker) clients.

The main unmet needs we are trying to address are a more informative and accessible transfer experience, with a simplified guided flow that is integrated into the Wealth self-serve ecosystem.

An opportunity to go out with a bang.

Objectives for the project

Engaging in a Discovery that reimagines the money movement process for WebBroker customers (Transfers and Withdrawals).

After insights from the TFSA project, we considered looking into the money movement project as a whole. Keeping in mind transfers and withdrawals on the platform and keeping them consistent across.

How might we consolidate and make money movement consistent across the platform.

How might we consider reoccurring transfers and OFI transfer projects ingestion.

How might we modernize the Transfers and Withdrawal experience to exceed customer expectations and stay competitive in the market.

My contribution in for here

  • Secondary research (Competitive analysis, benchmark study insights)

  • Current state analysis

  • Usability test of current state

  • Stakeholder workshops

  • Ideation & exploration (Persona/ journey map/ user flows in reference to IA)

  • Wireframes & sketches

  • Prototyping interfaces

  • User testing

Knowledge Harvest- Understanding the platform

Current State Analysis

Key Findings:

We can also probably have a separate section for transfer and withdraw since, I believe it can be hard to locate it under accounts.


  • Pop-up are usually used for smaller tasks.

  • No recent activity log available for the user to come back to and be update on their information.

  • Avoid modal dialogs that interrupt high-stake processeshttps://www.nngroup.com/articles/modal-nonmodal-dialog/

  • These don’t offer a recurring deposit option

  • Lacks a reference or transaction number for future inquires.

  • Support & assistance: Offer links to customer support or FAQs in case the user encounters any issues during the transfer process.

  • Secure tips throughout the process would be nice for the user to be able to complete the process being informed & avoiding errors.

  • Can we find away to differentiate B/W accounts?

Competitive Analysis

Finding structure amidst the chaos.

Business requirements

By building a design system, the organization can improve the user experience, enhance its brand and reputation, and achieve its goals for growth and expansion.

By building a design system, the organization can improve the user experience, enhance its brand and reputation, and achieve its goals for growth and expansion.

Hosting stakeholder workshops

This endeavour got its start due to a need. We tested several UI kits for Figma but discovered they lacked in size, flexibility, or quality — frequently all three — and we had to recreate all the low-quality parts.

Opportunities & Pain points

Discovered

These don’t offer a recurring deposit option

  • Lacks a reference or transaction number for future inquires.

  • Support & assistance: Offer links to customer support or FAQs in case the user encounters any issues during the transfer process.

  • Secure tips throughout the process would be nice for the user to be able to complete the process being informed & avoiding errors.

  • Can we find away to differentiate B/W accounts?

  • These don’t offer a recurring deposit option

An effortless experience

Wireframes & User Testing

Implementation of navigation changes can be taken up as a completely separate project.

Preset denominations for money transfers was not ideal since we were already introducing that for recurring transfers.

The Platform had great recommendations for the navigation and direct entry points

Support assistance for the user throughout the transfer process was a great addition to the journey and complimented the heuristics.

The introduction of recent transfers was a great follow up option for the user to stay updated with the status of their requests.

https://aanchalkalra.co/

https://aanchalkalra.co/

https://aanchalkalra.co/