Retail Banking Solutions

Software industry has seen many significant changes in the last decade and quality concerns have propelled testing services to the level of important verticals of the IT industry. Industries seeking IT services have realised the significance of QA services and testing being an imperative component of QA has grown significantly.

Hexaware with its extensive capability in testing and domain expertise in Retail Banking, backed by over 800 consultants, has well established IP for Testing in Retail Banking. This service exclusively caters to all testing requirements for any IT initiative in Retail Banking solutions aim at enhancing IT value by optimizing business-IT alignment.

Out testing product suite has competencies in providing Testing solutions that helps in prevention of unplanned down time, improved software quality, optimized testing costs and reduced lifecycle cost

Scope

The IP has been specifically developed for Banks, Financial Institutions using Retail Banking Solutions, investment and Wealth Management organizations.

Hexaware offers flexible and customised testing solutions in various business areas of retail banking with key focus on:

• Credit
• Investments
• Customer Relationships
• Teller
• Back Office
• Call Center
• Legal Compliance
• Savings Accounts
• Checking Accounts
• Cards
• Deposits

Key differentiators

• A comprehensive set of Test scenarios for entire retail banking suite of application
• Ready made scenarios which provide completeness to a retail bank Systems
• Provides a Platform to develop detailed test cases specific to Banking products
• Creates a jumpstart to your testing activity by providing the necessary base and traceability to your functional requirements
• Caters to key business areas of retail banking
• Structured Scenario planning done using Mercury Quality Center
• Customizable to suite the individual business processes of Banks and Financial institutions

Value Proposition

Comprehensive Coverage

• Comprises of comprehensive testing scenarios that helps in providing end to end testing process for retail banking
• Created by the testing competency unit specialized in delivering Functional & Product Integration Testing services across all business areas of Retail Banking
• Evolved from the Test Engineering Principles and the best practices observed & implemented by our talented resource pool of experienced Test Managers and Test Leads in Banking and Financial Services Industry

Effective Cost Advantage

• Pre-defined scenarios focuses on reducing time to market
• Significant reduction in Business Users’ time towards addressing requirements
• Potential reduction of around 20-40% of time and effort on Test Planning and Test Design

Packaged Testing Solution

• Testing solution achieves highest granularity level of the functional analysis of the application that helps in optimizing alignment of IT with organizational goals
• Test cases focuses at improving the functionality & performance of the business processes of the applications