Software Validation for Domains, Domain Knowledge

Banks and financial institutions have to regularly upgrade their applications to:

Handle ever increasing volumes of data
Monitor customer accounts for card related activities
Provide customers with secure e-Services and e-Billing
Replace the existing legacy systems with the latest ones
Implement fraud-monitoring procedures
Incorporate changing rules and regulations

Moreover, intense competition has prompted banks to reduce interest rates, lower or waive annual membership fees, offer rebates, enhance product features and so on, necessitating changes in application.

All these make rigorous software testing imperative for the banks to ensure defect free business operations.

You can benefit from partnering with us to test the functionality and scalability of your credit card applications. You can avail of our core competency in financial software testing in the following situations:

Roll-out of new credit card applications
Migration from legacy systems to a new system
Upgradation from lower versions to latest ones
Implementation of features into the existing system
Customization of systems to meet compliance requirements

We partner with Global 500 banks right from the time of conceptualising a project. Our credit cards track record covers the entire spectrum of Requirements Management Life Cycle - Requirements Analysis to User Acceptance Testing and Rollout Support. We have helped our clients in near-defect free rollout of credit card software products such as VisionPLUS^®, PRIME, etc.

How a European Bank avoided huge business risks in its VisionPLUS^® rollout by engaging a financial domain focused testing partner-Thinksoft.
A leading global financial service provider in Europe was in the process of moving its portfolio of customer accounts and retailer information from two existing receivables systems to VisionPLUS^®. We worked as the testing specialist partner for the entire project.

Using the offshore testing model, we successfully completed comprehensive testing of 26 modules with 499 scenarios and 7480 test cases. The client derived the following benefits from their association with us:

Over 650 business critical functionalities were identified
Over 78% of the issues unearthed were 'Business Critical'
230 critical functionalities were tested with converted accounts
Functionality-wise issues were reported and tracked to closure
220 requirement gaps were identified and tracked to closure


'First time right' VisionPLUS^® testing saves European Bank from huge business risks Download PDF (307 KB)