compliance

World Quality Report shows IT spending on QA falling, TCoEs in decline

World Quality Report shows IT spending on QA falling, TCoEs in decline

After years of steady growth, the proportion of IT budgets spent on quality assurance has fallen from 31% to 26% over the past year, according to the annual survey of QA trends produced by consultancy Capgemini. Spending on IT hardware has meanwhile risen. The other key finding of the survey, which compiled responses from 1,660 »

Regulatory testing project of the year — HCL and Deutsche Bank

Regulatory testing project of the year — HCL and Deutsche Bank

European banks have to implement FATCA tax rules for each national market in which they operate. So Deutsche Bank’s FATCA compliance app was necessarily going to be a sophisticated build. In partnership with HCL, Deutsche designed a pioneering DevOps solution. Compliance is increasingly driving software development and testing, and the complexity for software developers arises »

Fidor Bank Card

Technology news round-up: Financial deals and product launches

Groupe BCPE acquires Fidor Fidor, a German online challenger bank founded in 2009, has been acquired by French banking group BPCE, comprising the Banque Populaire and Caisse d’Epargne networks. The acquisition, industry analysts say, is yet another example of a traditional financial firm co-opting a technologically-savvy challenger to further its own digital transformation. Groupe BPCE »

QA Forum launches with a focus on quality

QA Forum launches with a focus on quality

More than 100 senior quality assurance, test and IT risk management specialists attended the QA Financial Forum held in Canary Wharf on June 28th. Hosted by QA-Financial.com at Level39, London’s leading fintech accelerator and conference venue, the QA Financial Forum featured speakers from leading banks and testing firms. To start the conference, Nevin Thomson, Head »

The QA expert interview: Mike Salsbury, Caplin

Mike Salsbury is head of product development at Caplin, the London-based software vendor which designs trading technology for banks and other financial firms. Caplin specialises in web-based trading platforms for cross-asset trading, though the firm has carved an especially strong position in electronic FX markets. QA Financial met Salsbury at Caplin’s London headquarters. Q: Mike, »

FCA-building

FCA proposes “virtual sandbox” for fintech launches

The UK’s Financial Conduct Authority (FCA) has told fintech companies they should consider creating a “virtual sandbox” where new technologies can be tested using shared databases to simulate markets. The FCA says it would provide the databases of market prices and other information. The idea is one result of the FCA’s Project Innovate, designed to »

ISO-22022

Swift bets on cloud for ISO 20022 testing

The clear priority for the 8,000 delegates at Sibos 2015 – held in Singapore last October  – was ISO 20022. That’s the standard that describes the metadata repository of descriptions for transactions messages for interbank and corporate treasury payments, securities and derivatives trades and — at some point in the future — retail payments. Although ISO »

Eddie-Thorn-SQS

SQS partners with TraderServe for MiFID algo testing

SQS, the London-listed software quality specialists, has partnered with trading software specialist TraderServe, to provide investment firms with a test service for compliance with sweeping new MiFID II rules regulating algorithmic trading. Although the deadline for the implementation of MifID II has been delayed for a year until the start of 2018, SQS and TraderServe »