QA

Wall Street banks complete blockchain test programme

The prospect of blockchain technology playing a key role in financial services moved a step closer to reality earlier this week after banks including Goldman Sachs and JPMorgan successfully completed a six-month test programme in the $2.8 trillion equity swaps market. The programme was managed by New York-based blockchain start-up Axoni, and used its AxCore »

Quality needs to be at the heart of digital transformation, says SQS CEO

SQS, the Cologne-based consultancy firm specialising in quality assurance for software-based systems, has released its key findings from a survey conducted to analyse the perceptions and usage of different types of banking channels by the UK general public. The survey, undertaken by Arlington Research who led 2,000 online interviews, found that although 95% of the »

QA Mentor, Inc. acquires TestMatick

QA Mentor, Inc., a New York-based software quality assurance and testing services provider, announced last week the acquisition of TestMatick, a privately held software testing company in the Ukraine, with headquarters in Cherkassy. Founder and CEO of QA Mentor, Inc. Ruslan Desyatnikov said “this acquisition will help QA Mentor, Inc. strengthen its position in the »

Leadership insight: Panaya CEO Jake Klein

Leadership insight: Panaya CEO Jake Klein

The $200m purchase of Panaya by Infosys has not been without controversy. Some Infosys shareholders complained about severance payments made to the former Panaya CFO following the 2015 deal. However, in its earnings report for the second quarter of 2017, Nasdaq-listed Infosys stated that the investigation it had commissioned had found no substance in accusations »

Nordea Bank cuts 6,000 jobs in digital bet

One week after Nordea Bank AB said it will cut 6,000 jobs in a digital bet, a key investor says the rest of the industry would do well to watch and learn. Sampo Oyj, Nordea’s biggest owner with about one-fifth of its stock, says digital adequacy is overtaking capital adequacy as a top consideration for »

Robots in finance bring new risks to stability, regulators warn

A study published by the Financial Stability Board (FSB), a panel of regulators that includes the U.S. Federal Reserve and European Central Bank, has revealed that the financial industry’s rush to adopt AI threatens to inject risks into the financial system and “amplify financial shocks”. The FSB, headed by Bank of England Governor Mark Carney, »

Performance testing provider of the year — Neotys

Load testing, the process of checking that an app or a platform can cope with heavy use, can be a significant bottleneck in the development process. NeoLoad, the core product offering from Neotys, the French performance testing tool developer, brings automation to the challenge. It has been one of the major IT transformation projects in »

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 »