Companies & Products

Capgemini launches dedicated test automation platform for financial services

Confirming a trend toward the test service integration platforms dedicated to the needs of financial firms, Capgemini has launched its Intelligent Test Automation Platform. The new platform combines a range of tools supplied by Capgemini, including robotic advisors to optimise test coverage and speed up releases, while bringing down costs, the firm said. By combining »

Nasdaq launches Validator testing platform

Nasdaq, the US stock exchange has launched a testing platform that it says will improve quality assurance processes among its customers. The platform, called Validator, is designed in particular for use by exchanges, clearing houses and central securities depositaries and will lower the testing costs and delivery times of new functionalities they want to bring »

Company and product news briefs

FCA to receive applicants for regulatory sandbox scheme Christopher Woolard, director of strategy and competition at the FCA, speaking at the Innovate Finance Global Summit on April 11th, announced that on May 9th the FCA would start receiving applications for its regulatory sandbox. The FCA first announced the scheme in a November 2015 report. The »

Accenture builds LatAm platform for Zurich Insurance

Zurich Insurance Group, the SIX Swiss Exchange-listed insurer, is expanding its South American operations with a new insurance IT system in Colombia that will handle property and casualty business. The system was built by Accenture, which had previously helped Zurich Insurance Group implement similar systems in Venezuela and Brazil. The new system is based on Danish »

Company and product news briefs

Micro Focus releases Atlas 3.0 Micro Focus, the London-listed software developer, has released the latest version of Atlas, its lifecycle software development platform. According to Micro Focus vice president Renato Quédas, Atlas 3.0 will be particularly useful for banks trying to keep pace with regulatory change. “Given their heavily regulated and risk averse natures, financial »

Lombard Risk merges regulatory products

James-Phillips-Lombard-Risk

Lombard Risk, a UK-listed company that develops regulatory reporting software for financial firms, has consolidated its European and Asian and US product platforms into AgileReporter, and also announced an update for new credit risk reporting requirements under Basel III rules. AgileReporter is designed to automate the submission of reports to regulatory bodies; typically these reports are »

Itiviti launches FIX testing tool

Itiviti, the Stockholm-based firm that specialises in financial messaging infrastructure, has launched a FIX testing system designed to run continuously to test traders’ messaging systems. Continuum has been designed to combine two technologies to test the FIX protocol, which is used by asset managers, traders and exchanges to complete orders. The first is model-based testing (testing design... »

Calypso says clients are buying its automated testing solution

Golden Gate Bridge

Calypso Technology said four of its clients, investment banks and hedge funds, have purchased its new Calypso Automated Testing Tool (CATT) with a further eight in the pipeline. The San Francisco-based firm became the first capital markets software vendor to offer an automated testing platform with a hard launch last November following a March 2015 announcement. »

Perfecto raises $35m to grow product range

Perfecto Mobile, The Boston-based provider of testing services for mobile app developers, has raised $35 million that it will use to expand its products and build out its sales staff. The investment comes from Technology Crossover Ventures along with existing Perfecto investors FTV Capital, Carmel Ventures, Globespan Capital Partners and Vertex Ventures. In particular, Perfecto »

Company and product news briefs

Larry Schmidlin, former vice president of technology at Wells Fargo, has joined Appvance, the California-based test automation specialist, as vice president of engineering. Schmidlin told QA Financial that his experience working on the buy side of software has made him aware of the efficiencies banks and other financial firms can achieve with automated testing. “These »

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