Financial software products continuously evolve due to enhancements, compliance requirements, technical and configuration updates. Most product companies manage these releases according to a planned schedule. Given this scenario, product upgrades need  thorough testing at component and enterprise levels for each release to ensure the integrity of release contents with the existing version of the software. Release testing in a multi-application/multi-institutional environment adds further to the complexity. Testing of release changes at component / application level requires an assessment of impacted Functionalities Business processes Dataflow across upstream/downstream interfaces and Regression Effective release testing calls for In-depth knowledge  of the business domain and the application landscape at the enterprise level Efficient test planning with reusable repositories updated with each release Identification of release regression scope based on the  release contents Optimization of regression scope based on Risk Prioritization Matrix (RPM) Monitoring defect trends across releases/applications An automation framework that can quickly adapt to the changes In the absence of the above, release testing could prove to be expensive, time-consuming and ineffective. Thinksoft with its vast experience has successfully established release testing frameworks for large global institutions spanning multiple business domains.  These include TCoEs implemented for end user banks/financial institutions and multi-institutional platforms for product vendors.

Customers frequently bust their implementation time lines due to faulty and defect-prone applications delivered for User Acceptance Testing and onwards into production systems.  Pre-shipment testing ensures the delivery of the version of a product or application that meets the customization scope that is meant be incorporated into the current delivery. As part of pre-shipment testing, test cases that cover all the important functionalities are selected and run to ascertain that the delivered application is ready for User Acceptance Testing and all the crucial functions of a program work correctly. The purpose of this testing is to confirm that the application is not in any extreme condition, completely broken, or that no significant part of the scope is missing. Benefits of early detection of critical product level defects Cost and time benefit due to early detection of defects Full  application scope is available for UAT This also helps the product vendor to deliver a product version that can be demonstrated to cover all the expected requirements for the shipment. 

A major challenge faced by clients across the world is continuously reducing time-to-market, without compromising on product quality. Based on domain knowledge, experience and expertise gained through 10 million hours of domain focused testing, Thinksoft has developed a multi layered approach for building reusable test repositories. This type of approach is based on the abstraction and segregation of general (domain specific) from the particular (regional, client and application specifics). It is this segregation that enables the building of reusable repositories at domain and application/client specific levels. Thinksoft’s test repositories have been built to Support all types of testing – SIT, UAT, Functional and Regression Enable high quality test planning to facilitate productivity gains and crunch the timelines Facilitate quick response to client requirements by keeping abreast with industry updates/ news Re-use test packs to quickly customize application and client-specific enhancements, with a multi-layered approach Thinksoft, with its structured framework, has been testing various domains for the past ten years. It has supported many banks and financial institutions across the globe, and has enabled the roll-out of large implementations while maximizing quality and significantly reducing time to market at the same time. When you partner with Thinksoft, you can be assured of timely roll-outs and achieve up to 40-50% reuse benefits.