News & Features

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... »

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 »

Are you paid what you are worth?

It should be a great time to be a testing specialist working for a financial firm. Competition among firms to acquire the right skill-sets has never been more fierce. But are you getting the raise and bonus you deserve this year? QA-Financial.com has partnered with Emolument.com – the leading salary database – to provide its »

BAE Systems blog details Bangladesh malware

Security specialist BAE Systems published blog on Monday April 25th revealing extensive details, including code, of the malware it says was used to hide traces of fraudulent payments by the gang that stole $81m from the Bangladesh central bank last February. According to the blog, authored by BAE Systems security analyst Sergei Shevchenko, the malware was »

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 »

Time-stamping trades and MiFID II — clocking up the options

MiFID II time-stamping will not be easy.

When European Union legislators drafted the the second instalment of the Market in Financial Instruments Directive (MiFID II), they wanted trading firms to time-stamp trades to levels of accuracy in line with the speeds of high-frequency trading. When it comes into effect in January 2018, the directive will require all trades to be time-stamped to »

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 »

SAP’s new platform is coming — at a price

  From 2025 SAP will no longer support any other enterprise resource management platform than its latest, 2015, release: S/4 HANA. Migration from legacy SAP platforms may be costly and time-consuming, but financial firms that are SAP customers should start planning now, especially because S/4 HANA — while it will be faster — will be »

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 »

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