Technology solutions are vital to the seamless operations of a bank. With so much riding on them, the solutions must be put to test! This is to ensure that your bank is getting what is expected from the transformation initiative and you derive maximum return on your investments.
IDEALINVENT’s Test Factory helps you evaluate these banking solutions, and ensure conformance with the target operating model.
With our proven domain expertise and process-driven methodologies, our consultants bring rigor, objectivity, transparency and completeness to the testing process. The services provided by our IV&V practice are:
- Functional testing
- Automated testing
- Smoke testing
- Integration testing
- Performance/ Stress and Load testing
We apply a multi-dimensional approach to our Independent Verification and Validation services:
- Analysis and review of the application landscape
- Sequencing of testing of upstream and downstream applications. This includes E2E process driven approach factoring in stakeholder touch-points and comprehensive coverage of dataflow -initiation to storage
- Testing system interdependencies / interfaces to ensure smooth data uptakes, handoffs and message flows
At IDEALINVENT, we also undertake the following quality assurance tasks for the project lifecycle:
- Functional specification document overview
- Quality assurance on parameterization
- Preparation for User Acceptance Test (UAT)
Clients across the financial services sector have experienced strong benefits through our work, achieving defect reduction efficiency (DRE) of 98%. The key benefits of using our I V & V services are:
- Third-party testing offers independent validation of the solutions, while increasing the quality of the final deliverables and adhering to schedules. The cost savings associated with early detection of errors are significant.
- The structured methodologies and appropriate tools employed by our consultants ensures consistency in testing process, defect reporting, tracking and closure
- Repository of reusable test cases and scripts
- Tools and accelerators for greater efficiency and reduced cycle times