News & Features

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… »

Nasdaq stocks show wild swings; exchange cites third parties

The prices were distributed by third-party data providers after Wall Street closed early for the July 4 break. The exchange operator was conducting a test of its pricing data feed that led to some providers, including Google Inc. and Bloomberg LP, the parent of Bloomberg News, showing exaggerated moves in shares such as Apple Inc.… »

Cyberattack continues to clog up port systems, major networks

A.P. Moller-Maersk A/S shut down systems across its operations to contain the cyberattack against its computer network, as it assesses the full impact. BNP Paribas SA’s non-banking Real Estate unit was also hit, while a number of WPP Plc companies continue to be affected by the cyberattack, Chief Executive Officer Martin Sorrell and John Seifert,… »

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?”… »

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