The success of any business depends on demand for its products, profitability and customer loyalty, which is directly related to product quality and its rapid adaptation to changing customer needs.
The financial sector evolves extremely fast, so delays in launching updates or service issues may lead to unnecessary losses and a decline in competitiveness. In order to reduce the likelihood of errors or failures, software testing must be performed extremely accurately.
EVEN MINOR ERRORS MUST BE RESOLVED PROMPTLY TO EXCLUDE POSSIBLE UNWANTED REPUTATIONAL AND FINANCIAL CONSEQUENCES FOR THE BANK OR PROCESSING COMPANY
Financial organisations use various software products that interact with each other. Often new features or application updates need to be rolled-out. The main job of the QA team is to verify that the changes included in the release do not affect the existing functionality of the modified components, the whole system or the surrounding environment. Manual testing is time-consuming and the human factor means that there is a high risk that some errors may remain unnoticed.
Implementing automated testing and DevOps technologies helps financial institutions to reduce the cost of performing routine repetitive operations and eliminate the risk of human error. The same test script written once is reused many times for releasing further updates.
A business that provides more user-friendly client services than its competitors has a much greater chance of gaining customer loyalty. The agile operation model, based on the iterative software development approach, is widely used in the financial sector. It allows changes to be introduced to programs faster than the traditional approach. As the frequency of application builds increases, test automation is crucially important.
Automation reduces the time spent on full testing and development cycles, allowing the current status of the program code to be promptly monitored. Furthermore, rapid error detection facilitates their faster correction in order to make the best use of experts’ times by performing changes on the spot.
Automated testing provides benefits in several areas:
A prerequisite for successful testing is the selection of the right automation testing tools. Testers should also take into consideration the tool’s integration capabilities, customization requirements and its compatibility with the existing DevOps environment of the financial organization.
The Solanteq team has designed a universal solution for functional, integration, regression and performance testing that simulates all the important elements of the payments industry. SOLAR Testing Toolkit can emulate several systems in the same scenario and perform full cycle testing of a financial transaction identically to real conditions.
SOLAR TESTING TOOLKIT MAKES THE TESTING PROCESS EASY AND QUICK AND ALLOWS FINANCIAL INSTITUTIONS TO RELEASE HIGH-QUALITY AND IN-DEMAND NEW PRODUCTS ON THE MARKET WITHOUT DELAY