QA – Banking & Financial

By Editorial Team
publication-and-banking
Challenge
The client’s requirement was to improve their testing process and develop a test center that integrates with different IT systems.
Client Overview
The client is a leading USA-based reinsurance company who is dedicatedly providing excellent BFSI services to its customers.
Solution
Agile Soft Solutions provided low-cost banking application testing services to the client with robust QA consulting, effective resource optimization, and on-time delivery with security testing. Our solution covered testing Mobile banking software, Money transfer applications, Payment Gateway Applications and much more.
Benefits

Our BFSI QA testing team helps clients streamline their internal processes, resulting in increased productivity and better customer service. With the help of our experienced professionals in wealth management application testing design, development, and implementation, they achieved their business performance goals.

Project Details

Challenges They were Facing!

The retail banking transformation is a new challenge in achieving high business performance. In this dynamic environment, the client was at risk of being unable to meet future business needs due to the complexity driven by outdated technology platforms, inappropriate procedures, and duplicate business processes. The main goal of the client is to test their application w.r.t different parameters, scenarios, and real-time conditions.

What We Delivered!

AgileSoft Acknowledged leadership in testing services extends to the Banking and financing environment, spanning all key areas, and acknowledging the unique requirements of BFSI applications. Starting as early as possible, we put BFSI applications through a testing process that quickly identifies performance issues under a variety of environments and conditions. We simulate real users using hundreds of virtual users and generate accurate, measurable, and repeatable loads on the system from a single point of control.
By placing load generator machines at multiple geographical locations, we more closely model real-world conditions and can pinpoint functional and security bottlenecks. We also support the banking domain with performance benchmarking. Here are some of the tests we conducted during the testing lifecycle:

Minimum Acceptance Testing – This is a Sanity Test done to ascertain the quality of the Build and the environment being used for testing.

Progression Testing – The cycle where the enhancements/phases are being tested in-depth and certified as per the business requirement.

End-to-end Testing (ETE) – It certifies that the required data is in the defined format which is being passed on to the downstream system and is successfully uploaded in all the required interfaces.

Back Out Testing – The cycle where the new enhancements/patches are reverted and ensured that the system comes back to the original shape in case of any unforeseen issues during deployment.

Interacting with End Users UAT Lead – Leading the respective test phase from planning to completion Test Analysts – developing test cases, executing test cases, Raising defects (using existing bug tracking tool), retest defects fixed.

Outcomes

One of the most effective core banking solutions for Community Cloud Banking services with our client is the banking application engine for Standard Architecture. For its mission-critical core banking capabilities, more than 20 regional banks benefitted. If you are also seeking help with the same kind of requirements, let’s discuss this over [email protected].