FinTech Agile Ecosystem
Fintech Agile Ecosystem
Customer Experiences Through Fintech Software Testing
Innovation in reliable and secure applications is what defines the Fintech Agile Ecosystem. With mobile, cloud, BaaS, PaaS, and SaaS based platforms pushing the boundaries of the Fintech software testing and quality assurance community, shorter turn around, stricter regulatory requirements, and robust security are further adding more pressure to deliver on performance and true customer experiences.
While the history of banking can be traced back to the first bartering transaction, today, the industry have evolved to be a major consumer of technology that enabled incumbent banks to expand their geographical presence and new entrants to deliver true agile digital banking experiences.
From the days of “soap opera” banking, to the recent SOAP messaging, and the more recent blockchains, the challenges and responsibilities that lies on the shoulders of the software QA are getting heavier and require continuous upgrade in methodologies and expertise to support on-time to market releases: securely and robustly.
The accelerating pace of change in the industry requires Banks and Fintech to respond faster to new opportunities, evolve even more rapidly to keep their competitive advantage, and deliver more with less. With software applications being the backbone of operation, a key enabler to achieving success in such an environment is to have a holistic vision of an organization that converge on requirements, risks, and changes in priorities, this includes software QA and Testing.
With multiple systems and applications integrated tightly and forming the basis of the complex banking service work flow, testing the underlying security of service oriented architecture, compliance of web services to latest standards, authentication of WSDL and service performance are more prominent today as traditional banks and Fintech take the industry to higher level of customer control. While the fundamental outcome of testing applications remain constant, the complexity of current apps require banks and Fintech to transition into true agile ecosystem; one which enables iterative, continuous, and autonomous testing and quality control to ensure efficient and continuous delivery.
The entire organization needs to recognize that Agile means the entire business and not a function; this way you foster an environment of continuous learning and adapting that deliver to the customer experience objectives. An organization cannot run the risk of leaving testing and quality assurance to the last milestone in the development, as this will leave open many unknowns that can fire back on the overall project releases and reduce the quality of software that affects negatively the customer experience. As such, the Fintech Software Testing & QA team cannot act in a silo, but have to be actively integrated in the overall development process. To deliver valuable and reliable software requires a mindset change at the level of the organization and their strategic partners! A change that gets cross functional internal and external teams collaborating together from the onset of the strategy setting up to the delivery of the final product and then much more collaboration during the product live release.
This is a sure way to do more with less. Our experience at AwesomeQA shows that such a holistic agile approach enables organizations to increase the number of releases by five folds during any given week, at the same time enhancing the reliability and customer experience of the product.
At AwesomeQA, our clients entrust us with the extraordinary tasks of challenging ourselves to deliver quality assured applications for mobile, web, and desktop. We tirelessly seek agile testing methodology to test, audit, and qualify software for various verticals, and are constantly looking beyond the possibilities of reducing time to market by helping companies transition into true agile ecosystem; one which enables iterative, continuous, and autonomous testing.