Banking and Financial Services Testing Service

Banking & Financial Services Testing Service

Otomashen testing and QA services in Financial Services domain cover corporate financing, consumer finance, investments, retail and commercial banking.

Banking and Financial Services Testing Service Offerings

Otomashen established BFSI CoE and best practices helped our global clients fully understand the complexity of Banking and Financial applications involving legacy systems, asynchronous messaging, Protocols, extensive amount of test data, multiple subsystems, diverse data sources and complex authentication systems. Our well-defined and proven processes framework-based models offer a step-by-step testing approach with automation platforms and solutions that reflect robust quality deliverables and regression cycle reduction.

We have been working with the world’s leading Banking and Financial Services organizations across the globe to provide comprehensive end-to-end Application Testing service offerings. Over the years, we have developed client-specific solutions, tools, accelerators and frameworks that address the criticality of processes and testing business requirements for the banking and financial services industry.

We offer the following set of services in Banking and Financial Services testing

Functional Testing
Database Testing
Security Testing
Load & Performance Testing
System Integration Testing
Business User Acceptance Testing
Mobile Testing
DWH & BI Testing
Protocol Testing
Payment Gateway Testing.
Regulatory and Compliance Testing

End to End Testing for Banking Applications includes

Investment Banking and asset management applications.
Risk management and compliance applications.
Accounting software and customer service
Private banking applications
Corporate banking applications
Mobile banking applications
Money transfer applications
Retail banking applications
funds and credit card processing applications
net banking application
Islamic banking applications

End to End Testing for Financial Applications includes

Credit domain software.
Payment Gateway applications
Trade Finance Applications
Microfinance applications
Financial accounting software
Customer management applications
Wealth management applications
Trading applications
Foreign exchange applications

Otomashen Differentiators:

Our BFSI domain and technical expertise help our global clients to comprehend the requirements quickly and identify special, complex and business scenarios in addition to regular use cases/stories to ensure maximum coverage.
Understanding of BFSI industry domain and business requirements and market dynamics assure ability to identify and provide industry specific solutions based on identified pain areas and business needs of our customers.
Strong domain and technical expertise resource pool in various Banking and financial applications like Trading, Retail and Investment Banking.
Our centralized test repository for BFSI domain specific test cases covers user and complex end to end business workflows. This, in turn can be customized to specific project needs
QA advisory and consulting services based on the domain priority by business analysts and experts
Repository of reusable components and test scenarios reduce finance application testing cost.
Open source and cost optimized testing tools help our global clients to improve resource utilization and cut down costs.
Requirement traceability of functions and requirements guarantee robust testing services
Skilled and proficient testing team and business analysts ensures high quality deliverables.
Strong expertise on Core Banking Testing (migration, upgrade and implementation testing of FLEXCUBE, T24, Misys, Finacle, etc)
Strong expertise on end to end Cards & Payment gateway Testing (Issuers, Merchants, Gateways).
Strong expertise on Regulatory and compliance testing – BASEL Implementation Tests (stress testing, RWA validations), FATCA, Dodd Frank & Volcker Compliance Tests, SEPA testing etc teams.

Application Development

Quality Assurance

Cloud Computing