Technical BA outsourcing · the dated record

Every engagement, with dates and the prime we ran through.

Everything on this page is already on the founder's CV, which sits on this domain and carries the same dates. What this page adds is the shape of each engagement: the platform, the role held, and the prime the work ran through. There are no client-attributed outcomes, metrics or quotes here. We did not ask permission to publish any, and writing them from memory would devalue everything else on the page.

If your process needs a reference rather than a record, the prime holds the commercial relationship and is the party who can give you one. Name the engagement that matters to you and we will ask them.

Institutions where this work was delivered

NTT DATA appears here as a prime we delivered through, not as a client. Universal Music Group, Alior Bank and DCA Ventures have no mark here and appear in the record below as text.

The record

As Theta One Digital, since 2022

Five contracting engagements, several of them running in parallel, each one disclosed to the others and none of them competing.

Jul 2025 – present

Universal Music Group (UK)

Technical Business Analyst (contract)

Delivered through E-Resourcing UK

Decommissioning a legacy rights-management system and migrating onto a modern stack. Business, legal and operational requirements written as technical specifications, plus the integration requirements and data flows between the systems on both sides of the migration.

Business, legal and operational requirements translated into technical specifications.
Integration requirements and data flows defined between the outgoing and incoming systems.
Worked alongside the product, engineering and data teams through the transition.

Jul 2023 – Oct 2025

Raiffeisen Bank Romania

Business Systems Analyst · Lead BA · Proxy Product Owner (contract)

Delivered through Qualitance / ALTEN

Lending and insurance flows for existing customers, integrating the national tax authority, the credit bureau, a qualified digital-signature provider and an insurance carrier. Also a tablet advisory tool that replaced a paper process in branches.

Proxy Product Owner, representing business stakeholders inside the delivery teams.
Lead BA, guiding and reviewing the work of the other analysts.
Backlog refinement, requirements clarification, and end-to-end analysis of the banking flows.
Ran the technical interviews the bank used to hire its own Technical Business Analysts.
Worked inside the bank's regulatory obligations and internal governance.

Oct 2023 – Jun 2024

UNFCCC (Germany)

IT Business Analyst · Proxy Product Owner (contract)

Delivered through NTT DATA

A carbon-accounting portal supporting Article 6 of the Paris Agreement. Regulatory requirements turned into backlog items and workflows, with stakeholder alignment across multiple countries.

Proxy Product Owner on an international, regulation-driven platform.
Requirements definition and stakeholder alignment across several countries.
Business processes and system interactions modelled in BPMN.
Regulatory requirements translated into technical backlog items and workflows.

Apr 2023 – Dec 2023

LSEG (USA)

IT Business Analyst & Scrum Master (contract)

Delivered through Investigo / Definia

A collaboration platform letting analysts work together on real-time market data. User stories, functional and technical specifications, and the integration and non-functional constraints agreed with the engineering teams.

User stories plus functional and technical specifications.
Integration requirements and non-functional constraints clarified with the development teams.
The interface between business stakeholders and engineering.
Agile ceremonies facilitated and delivery cadence held.

Aug 2022 – Mar 2023

Finstro (Australia)

Solutions Designer · Technical Business Analyst (contract)

Delivered through Qualitance

Enhancements to a digital lending platform across web and mobile, including SOAP-based integrations. Technical solutions designed with the solution architect, and API contracts defined for both clients.

Technical solutions designed alongside the Solution Architect.
Business requirements translated into detailed functional and technical specifications.
API contracts and system interactions defined for the mobile and web platforms.

Before Theta One Digital existed

Three roles held as an employee. They are on this page because the work is the same work, and because leaving them off would make the dates stop adding up.

Mar 2020 – Aug 2022

ING Hubs Romania

Senior IT Business Analyst

Data governance and data integration for enterprise data platforms — a data lake and warehouse programme, with UAT support for the analytics, reporting and data-quality work built on top of it.

Business analysis for data-governance and data-integration initiatives.
Functional and technical requirements for enterprise data platforms.
UAT support for analytics, reporting and data-quality solutions.

Nov 2018 – Mar 2020

Alior Bank

IT Business Analyst

Fully digital customer onboarding and online lending across mobile and web, alongside the PSD2 and AML regulatory implementations.

Digital onboarding and lending platforms, mobile and web.
Functional and technical requirements for banking systems.
PSD2 and AML compliance implementations.

Oct 2016 – Oct 2018

DCA Ventures

Product Owner · Business Analyst

Product backlogs for EDI and marketing-automation platforms, both internal and client-facing. Where the practice starts, and why business analysis here dates to 2016 rather than to the firm.

Backlog ownership for EDI and marketing-automation platforms.
Business analysis and requirements definition, internal and client-facing.
Business needs translated into functional specifications for the development teams.

What this work looks like at the requirements layer

Eight sectors, and the part of each that the analysis actually turns on.

Retail banking and lending

Lending flows, digital onboarding, PSD2 and AML. Most of the requirements work here is integration and eligibility: what the credit bureau returns and what happens when it returns nothing, what a qualified digital signature has to bind to, which missing field stops an application and which one lets it continue with a flag.

Capital markets

Real-time market data, read by analysts working in the same document at the same time. The requirements turn on entitlement and staleness: who may see which instrument, and what the screen shows when the feed is late.

Bancassurance

Travel, unit-linked and protection products sold through a bank's channels and underwritten by a carrier. The analysis is a boundary between two organisations: what the bank collects, what the insurer needs, and what happens on the days the two disagree.

Fintech lending

A lending platform on web and mobile with SOAP services behind it. The specification is the contract between the clients and those services, including the error paths that never appear in a demo.

International institutions

A climate-finance reporting portal under Article 6 of the Paris Agreement, with stakeholders in several countries. Requirements arrive as legal text, and the work is turning that into a process model and then into backlog items an engineer can pick up.

Media and rights

A rights-management system being decommissioned, with its data and its integrations moved onto a newer stack. The analysis is establishing what the old system does, which is rarely what its documentation says.

Banking data platforms

Data lake and warehouse integrations, governance and reporting inside a banking group. The requirements are lineage and definitions: whose number is authoritative, and what a field means when three systems hold three versions of it.

EDI and document exchange

AS2 exchange and a portal around it. Requirements are message formats, acknowledgements, and what a failed transmission looks like to the person who has to fix it before close of business.

What these engagements are, and are not

Every engagement on this page is Technical Business Analysis work: requirements, specifications, backlog ownership, integration and process analysis. None of it is an Etheria reference. Etheria is our own delivery pipeline, it is in Beta, and it has no client references yet. None of it is a custom-build reference: where we have built software with our own engineers, those clients are not named because they have not agreed to be. None of it is Academy proof, because the Academy has not run.

Most of this work ran as a subcontract under a prime, and the prime is named on every entry. That is the ordinary route into an enterprise that has closed its supplier list, it is how we have already worked inside four of them, and it is the first thing vendor management asks.

Who did the work

Theodor Istratescu

Founder · Technical Business Analyst and Product Owner

Theodor did every engagement above. Theta One Digital has operated since 2022, and he still holds the analyst seat on a live contract. Business analysis since Oct 2016; three years and nine months of that as a bank employee, at Alior Bank and then ING Hubs Romania; everything that followed on contract. The person who scopes your work is the person who delivers it.

Full CV, with dates

What to do with this

Thirty minutes, no deck. Bring the programme, the squad, and the part of it that is currently ambiguous. You leave with a written view of where your requirements are leaking, whether or not you hire anyone.

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