Calypso says clients are buying its automated testing solution

San Francisco-based software vendor launched CATT testing tool in November and now has four users signed. Plans to make CATT the: “foundation for all its implementation and upgrade projects”

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.

Calypso said at the time that its vision was to develop CATT – which was designed by Peter Monz, its Frankfurt-based head director of automated testing – as the foundation for all its implementation and upgrade projects.

According to Patrick Rimbaud, Calypso’s senior director in charge of CATT, there are no plans to roll the automated testing products out beyond the firm’s existing customer base, which numbers 180. “CATT should be seen as an extension of our platform rather than a separate product in that sense,” said Rimbaud. “Our target audience was clients who did not have test automation, or who were using an automation framework but were struggling with it, maybe because you do need a deep understanding of Calypso if you are going to maintain it.”

Calypso decided to build CATT from scratch because it wanted full control of its product. The platform includes a suite of pre-configured test cases based on common business logic deployed on a web interface, and it is available as an integral part of Calypso Testing Services, its managed services offering, based in Dublin.

Calypso said the CATT launch recognises that software testing consumes more resources than any other phase of software development, citing a 2014 PriceWaterhouseCoopers study that found that automated testing requires on average 40% fewer hours than manual test cases.

According to Calypso’s Rimbaud those time savings will translate into faster “bootstrapping” regression and reconciliation testing and therefore faster implementation times. “In hindsight, the move into automation was an obvious one for us to make, but we needed the right ingredients in the shape of engineering expertise, which was what Peter [Monz] brought to us,” said Rimbaud.

 

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