Supplying financial services software is about providing customers with peace of mind. Financial services software is specialized software designed to assist financial institutions, such as banks, insurance companies, investment firms, trading, and other financial service providers, manage their operations effectively. In an online world of rapid change and perceived danger, your product can automate various financial processes, improve efficiency, reduce errors, and enhance overall customer experience.
January 4, 2023Automating repetitive tasks has revolutionized almost every industry by allowing workers to focus on high-value projects. For businesses that process massive amounts of documents, it is especially important to automate repetitive tasks. The financial industry deals with complex and large amounts of data hence accuracy and error-free operations are crucial requirements. Any mistake in calculation or error in operation can cost a huge amount. Thus, the call for a technology solution that can minimize human errors and deliver precise results is the need of the hour.
May 5, 2021In the insurance industry, there’s no “business as usual.” Regulations, processes, procedures and compliance qualifications, consistently change which impact how professionals need their technology solutions to respond to industry demands. Complex software requires robust testing, and insurance applications are no exception. As these systems upgrade their technology platforms, digital user experience and performance capabilities, it takes a skilled QA team to provide excellent quality assurance.
March 10, 2020The high-stakes nature of online money movement keeps QA engineering teams on their toes at all times. Check out QASource’s latest infographic and get actionable tips on how to solve the common pain points of finance domain testing.
February 20, 2019The IT industry is always in flux—reshaping and reinventing itself as technology becomes faster, more powerful, and more intuitive. Because progress doesn’t slow for anyone, product companies and their engineering teams need to be quick to respond; to match the tempo of the IT world. As money movement and global commerce becomes increasingly digital, finance product companies have become adept at keeping pace with the IT landscape.
December 20, 2018Financial services applications bear a heavier burden than those of just about any other industry. They must meet regulatory and commercial standards of accuracy and security comparable to the healthcare sector, while needing to meet the speed and usability demands of the online retail industry. If you have been through the quality assurance process for financial services before, you understand the rigors. If you have not considered outsourcing that process, now is the time.