News & Features

Temenos signs first major US market client — aims to double revenues

David Arnott, CEO Temenos

Core-banking software specialist Temenos says it will be soon ready to announce details of its first major US market retail banking client — “One of the 25 largest banks”, according to Temenos CEO David Arnott. The bank was signed last year and the integration of Temenos’s software will be completed in QA this year, Arnott »

Canadian Securities Exchange moves to test automation

The Canadian Securities Exchange (CSE), the Toronto exchange that lists 325 unique securities, has struck a deal with Itiviti, the Stockholm-based firm that specialises in financial messaging infrastructure, to implement Itiviti’s VeriFIX test automation solution. VeriFIX is used for automated functional testing across several protocols. The CSE will be able to carry out automated regression »

News briefs

The R3 consortium seeks to raise $200 million from member banks for new blockchain company R3, a consortium of over 40 financial firms that includes Barclays, Credit Suisse, Goldman Sachs, JP Morgan, RBS and UBS, is trying to raise $200 million from its member banks. The consortium is requesting the funds to create a new »

UBS centralises QA and raises expectations of vendors

Kevin Adams UBS

The restructuring of the global technology group at UBS started last September and has now been completed. App development and quality assurance at UBS has been centralised, across the firm. Testing expertise and test data management has been pooled. Around 1,900 staff globally report into Kevin Adams, the global head of quality assurance at UBS, »

Sponsored Article: Validata — Integrating digital with legacy systems

Sponsored Article: Validata — Integrating digital with legacy systems

This sponsored article was prepared for Validata by Validata is a niche player that specialises in banking software testing. At the core of its platform solution is automation based on processes common to most banking platforms. QA-Financial met with Vaios Vaitsis, Validata’s founder and CEO, to find out more. When Vaios Vaitsis founded Validata »

British Insurance Brokers’ Association announces creation of cyber committee

Steve White, the British Insurance Brokers’ Association chief executive, has announced the creation of a cyber committee to monitor developments in cybersecurity and provide advice to insurance brokers on possible risks. The committee will be made up of technical experts from member firms. Speaking at the association’s annual conference on April 7th, White cited an »

New EU data protection rules carry clout

Software developers who use customer’s personal data in test environments should get to know the European Union’s General Data Protection Regulation (GDPR), which has now been approved by the European Parliament. The GDPR is designed to protect the privacy of consumer data gathered by firms operating in the EU and, while European regulators already have »

Tricentis survey for Q1 ranks banks behind government bodies in “Fail Watch”

A criminal gang exploited vulnerabilities in the security systems of the central bank of Bangladesh and SWIFT payments software to steal $81 million in February — the most costly software bug classified in the first quarter by Austrian testing service provider Tricentis in its regular Software Fail Watch. But according to Tricentis’s quarterly report on »

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 »

LSE teams with Kaizen for MiFID trade data testing

The London Stock Exchange Group (LSEG) has struck a deal with Kaizen Reporting, a firm offering regulatory compliance products, to deliver Kaizen’s ReportShield quality assurance service through UnaVista, the exchange’s global platform for matching, validation and reconciliation services. In particular, the LSEG said, ReportShield will test the transaction reports firms have to deliver to th... »

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