Testing & QA

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 QA-Financial.com. 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 »

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 »

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 »

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 »

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