Retail banks are constantly under pressure to increase sales by signing up new clients and increasing business from existing customers. To retain existing customers and attract new customers, these banks have begun offering value added products including insurance products and mutual fund products. This is in addition to their regular value offerings such as ATM, debit card, credit card, bill payment services, e-banking, mobile banking, demat services and wealth management solutions.
Retail banks make significant investments in their business strategies to support their ever expanding business plans. These include on deploying an efficient and up-to-date IT framework. However, maintaining up-to-date IT infrastructure requires making constant changes in their IT systems. New or upgraded applications have to be comprehensively tested to ensure that they function in a very demanding realtime environment, as any gaps can prove costly for the bank in terms of time-to-market, return on investments and reputation loss.
We provide retail banking software testing services to make your applications 'business ready'. We have vast experience in requirements assurance and functional testing in the retail banking domain. Our proven methodologies and global delivery model lends the right process and expertise to meet your testing requirements.
We have helped in successfully rollout of retail banking products such as FLEXCUBE®, Bancs 24, Newton, FinnOne™, Equation, T24, and CS Eximbills.
The scope covered the following modules:
We uncovered the following inadequacies in the existing test script:
Our services helped the client to: