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How effective would Jira be in managing requirements and creating a BRD and FRD?

Just beginning the requirements elicitation for a correspondent banking system upgrade. 

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@BKF I think JIRA will be more used for breaking down requirements, and managing & tracking issues/tasks etc. included in these requirements. If you want to manage and create requirements and create BRD and FRD docs out of these, I would recommend to use Confluence along with JIRA, since Confluence (the team collaboration software) is more suited for this purpose and can well integrate with JIRA for cross-application functionality.

I hope that helps!

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