Thinksoft has tested some well-known retail banking products such as Flexcube®, Finacle®, Equation®, Bancs®, T24®, Eximbills®, Newton®, Finone®, and Phoebus ®.
We have experience in testing retail loans, deposits, CASA, remittances, clearing, teller operations and mortgages for global banks and financial institutions.
Our success is based on the expertise we bring to the table, including:
- A thorough understanding of the workflow of various product lines
- Knowledge of KYC norms and CDD procedures to validate the effectiveness in line with regulatory and internal requirements
- Expertise in AML procedures within test teams to validate risk/transactional rules
- Capability to develop critical business scenarios among numerous combinations of multi-currency products, FX rates and involving multiple entities
- Simulated test data to test multiple production like scenarios within short testing schedules
- Methodology to efficiently validate complex interest calculations for different product flavors
Thinksoft’s key differentiators include:
- Our domain expertise
- In-house repositories of test cases and business scenarios that enable faster test planning
- Automated test solutions which ensure faster delivery
- Test data generation tools
- In-house developed tools like interest calculators
- Source to target tools for reconciliation (STARS)