Testing Banking & Insurance Application

The technological advancement is changing the BFSI firms from paper and branch banks operations to digitized and network services through internet/online, mobile, ATMs, etc. In order for the BFSI firms to be increasingly responsive, flexible, competitive, adaptable with new regulations, they need to switch to state-of-the-art applications that boost their efficiency and productivity and fosters flexibility and responsiveness.

BFS

Indium offers end-to-end managed test services to banks and financial institutions with domain expertise and enormous experience gained from testing different banking applications such as Core Banking, Trade Finance, Internet Banking, Cash Management etc.. These solutions are delivered through our onsite/offshore Global Delivery Mode.

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Insurance

Indium provides comprehensive testing services in claims processing, end-to-end flow of policy life-cycle, understanding various classifications and related business workflows in insurance for life and non-life. We have extensive technical expertise to perform defect triage and root cause analysis.

We have developed ready-to-test repositories, which serve as jump-start-kit for various BFSI firms. This along with our unique methodology for accelerated test design gives our clients the edge over their competition.

  • Our BFSI subject matter experts comprehend the requirements quickly and identify special, complex and integration scenarios in addition to regular use cases to ensure maximum coverage
  • Our centralized test repository for BFSI domain specific test cases covers user and business workflows. This, in turn, can be customized to specific project needs
  • Our QA assessment helps our clients to create a Test Roadmap with recommendations based on industry best practices, benchmarking against peers and Indium’s quality frameworks
BFSI Testing Services

Why Choose Us?

  • Serving global BFSI companies with diversified Technologies
  • Immediate TAT to set-up test lab to meet client’s new development objectives
  • Know-how of banking transformations across the globe
  • Extensive UAT Experience: T24, Finacle, Flexcube, Verde, Fidessa, VisionPLUS, Misys, Life & Non-Life Insurance applications
  • Optimized Test Design effort accessing reusable test repository by 60%
  • 30% Reduced Manual Test Execution by automating Day 0 and Negative Scenarios
  • Average Automation Coverage – 90%
  • Increased QA Cost Savings by flexible ramp up and ramp down of fully trained resources onsite/offshore.
  • Periodical BFSI training programs internally

Customer Delivery Channels

  • contact centers
  • Internet
  • ATM’s
  • Bank Branches

Core Bank Testing Services

Savings / Checking Accts
Deposits / Overdrafts
Retail / Auto Loans & Mortgages
Payment / Treasury Cash Mgt
Cards / Investments
BG’s / EXIM Bills / Fwd Contracts

General Ledger / Accounting Core

Other Interfacing Systems
CREDIT BUREAUS
PAYMENT GATEWAYS
REGULATORY BODIES
CLEARING HOUSE