Banking Application Testing

Testree's Banking Domain testing services with its deep domain knowledge, has been working across the length and breadth of the BFS sector, by successfully testing multiple customer segments including - core banking services, allied departments, financial agencies and independent software vendors (ISVs).

We help customers, validate the functionality and technicality of complex applications. Our banking application testing processes ensures highest test coverage, identification and effective removal of defects. Furthermore, we help BFS enterprises and software product vendors stay up-to-date with regard to regulatory challenges.

The banking industry is increasingly responsive, flexible, and adaptable with changing environment and new regulations. The industry looks towards technology to boost a bank’s efficiency and productivity. The biggest challenge banks face on deployment of technology is to assure the functional correctness, performance, security, stability and reliability. Testree’s banking application testing services could play a critical role in addressing these challenges.

Testree offers end-to-end managed test services from experience gained with different banking applications such as Retail banking, Corporate Banking, Trade Finance, Internet Banking, Cards and Payments etc. Testree's banking domain testing services are designed to validate large, integrated, widely distributed and complex systems within agreed upon time frames and budget.

Some areas we test:

• Core Banking Testing (migration, upgrade and implementation testing)
• Testing of Retail & Corporate Banking modules (products like FLEXCUBE, T24, Misys, Finacle & Bancs)
• Cards & Payment Testing (Issuers, Merchants, Gateways)
• Basel Implementation Tests (stress testing, RWA validations)

Oracle® FLEXCUBE Testing (CoE)

Testree’s Oracle® FLEXCUBE Testing Center of Excellence (CoE), helps large banks mitigate technology and business risks with end-to-end business process validation, through our FLEXCUBE business life cycle test model. Our FLEXCUBE Testing CoE has already exhibited return of investment of 20% with the help of our proprietary hybrid and tool-agnostic test automation framework.

Financial Services

Financial Services industry requires technology that is comprehensive, exacting, flexible and fast while at the same time being compliant. Financial platforms and devices with 24X7 access regardless of geographical location makes effective and affordable testing even more challenging.

Testree has extensive experience in testing various Financial Services like asset based lending, broking, risk management, treasury management and we have tested implementations and projects for several financial institutions.

Some of the areas we test:

• Trade Order Management Systems (TOMS)
• Securities Clearing & Settlement
• Derivatives validation (ISDA Validations, OTC pricing verification)
• Fixed Income Testing (Amortization, Yield Verification, MBS / ABS Life Cycle Testing)
• Reference Data Management
• Reconciliation Validation (Trade, Stock, Cash, Position Recon)
• Fund Accounting (NAV calculations testing)
• Corporate Actions (Mandatory and Voluntary events, Entitlements validation)
• MIFID II Implementation Tests
• FATCA, Dodd Frank & Volcker Compliance Tests