Companies & Products

Regulatory testing project of the year — HCL and Deutsche Bank

Regulatory testing project of the year — HCL and Deutsche Bank

European banks have to implement FATCA tax rules for each national market in which they operate. So Deutsche Bank’s FATCA compliance app was necessarily going to be a sophisticated build. In partnership with HCL, Deutsche designed a pioneering DevOps solution. Compliance is increasingly driving software development and testing, and the complexity for software developers arises »

Software vendor platform of the year — Calypso Technology’s CATT

The San Francisco-based trading and risk systems became the first capital markets software vendor to offer an automated testing platform for its product. Standard Bank of South Africa was the first major customer. Testing software and apps has become progressively more difficult and time-consuming for banks. Aside from the growing number of legacy systems that »

DevOps advisory provider of the year — Tata Consultancy Services

ING is recognised as a leader in Agile and DevOps delivery among European banks. The partnership of ING’s Belgian subsidiary with Tata Consultancy Services (TCS) has been an important part of its success in its move toward continuous app delivery. Netherlands-based ING started its transition to full automation of software development two years ago, driven »

QualiTest Group acquires experior Group for SAP testing capabilities

US-based QualiTest Group, a pure play quality assurance and software testing firm which also has offices in the United Kingdom, Israel and India, has acquired Experior Group, the only SAP certified company in the UK dedicated to software testing. Experior Group, headquartered in Staines, provides test strategy planning and governance services as well as performance »

CAST releases product for application security

New York-based software vendor CAST has released a new product, CAST for Security. It is designed to help firms strengthen IT security by analysing application code for common security flaws and encourage systems architecture that will keep data secure. CAST for Security combines technology from its Application Intelligence Platform with specific rules for static application »

Oracle’s revenue exceeds estimates on surging cloud demand

The company, which set a record closing high Wednesday for its shares, reported total sales that easily topped analysts’ estimates. Oracle’s cloud businesses grew 58 percent in the fiscal fourth quarter. Meanwhile, new software licenses, a measure that’s tied to the company’s traditional on-premise software offerings, declined 5 percent compared with a drop of 16 »

Bank customers have little patience for glitchy apps

A survey commissioned by US testing company QualiTest Group has found that that nine out of ten users of apps for finance or banking are likely to abandon that app if they noticed bugs and glitches. The survey was carried out in collaboration with Google Consumer Surveys, and polled 1,000 respondents in the US between »

Quantum Computing on the Verge

It’s a sunny Tuesday morning in late March at IBM’s Thomas J. Watson Research Center. The ­corridor from the reception area follows the long, curving glass curtain-wall that looks out over the visitors’ parking lot to leafless trees covering a distant hill in Yorktown Heights, N.Y., an hour north of Manhattan. Walk past the podium »

BoA cuts $53 billion using automation

“There’s more to do after that,” Montag said Wednesday at a conference in New York. “How much technology can we do that replaces people? How many things do we have that we can use it? How much big data can we use that helps us target better and not waste our time on certain things?” »

Misys and D+H – both owned by Vista Equity Partners – to merge

Misys, a London-based company that provides technology for the financial services, and D+H, a Canadian payments and lending technology provider, have announced they will merge. The merger comes after the acquisition of D+H by Vista Equity Partners, which acquired Misys in 2012. The new, combined, company will be called Finastra. It will have offices in »

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