Banking and Financial Services

Next-Gen Quality Engineering for Next-level Banking Solutions

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The banking industry has shifted from traditional branch-based banking to the online mode of internet and mobile banking to deliver faster and on-the-go services. Today’s digital customers need seamless banking and financial solutions, expecting a great customer experience (CX) with a personalized touch to retain them.

With the increasing complexity of financial products, stringent regulatory requirements, and the growing prevalence of digital transactions, the need for quality control mechanisms has become paramount. At Tx, our next-gen quality assurance services with Artificial Intelligence (AI) and Robotic Process Automation (RPA) based no-code/low-code automation deliver high-quality digital banking and financial solutions, ensuring a great CX. Our extensive QA domain experience ensures scalable and robust products.

Banking and Financial Services Challenges and Solutions

Challenges
  • Data confidentiality and integrity
  • Managing regulatory requirements
  • Implementation of Next-Gen technologies
  • Handling large scale integrations & multi-tier functionalities
  • Risk management for complex financial rules
  • Managing digital customer identity system
Solutions
  • Ensuring data quality, compliance and security
  • Performane and security testing of API and microservices
  • Focusing on and enhancing user experience and customer data security
  • Automate processes to reduce operational time for testing

Our Salient Features

Get In Touch
  • 200 person-years of experience in QA services
  • Certified in CA, ICWA, CMA, CFA, CRBP
  • Banking Test CoE
  • 50+ banking professionals
  • Ready-to-use test repository

Speak to an expert

In your line of work, we know every minute matters.

    Tx Banking and Financial Services

    Banking CoE

    We establish banking testing CoE for banks and manage entire testing working with project sponsors, managers, development team, business analysts and users. 

    End-to-End Functional Testing

    We check whether all the features incorporated by systems and applications, with multiple process flows, are working fine. 

    Test Automation

    We deploy RoIdriven test automation for quick & frequent quality checks and reduce the maximum number of defects and time to market.

    Migration Testing

    We execute testing for improving systems and applications, which includes both functional and non-functional testing. It also includes testing critical changes for banking operations roll-out in various regions and countries.

    Our QA Services for the Finance Sector

    • Loan Management and Loan Approval Workflows
    • Financial Product Management Applications
    • Electronic Cards and Payment Solutions
    • Credit Check Applications
    • Risk, Regulation, and Compliance Applications
    • Customer Communications Management
    • Digital and Mobile Financial Services
    • Collections Platforms and Applications
    • Mortgage Calculators and Management
    • Customer Feedback Applications
    • Wealth Management Applications
    • Data Porting, Migration, and Mining
    • Management Information Systems
    • Asset Management
    QA Services For The Financial Services Sector

    Our Accelerators

    Tx-SmarTest

    • Bot-led testing that ensures quicker and more robust testing outcomes
    • Ensures greater code coverage and reduces test cycle time significantly

    Tx-PEARS

    • Ready-to-use framework for security and performance testing engagements
    • 30% QA cost savings within the testing engagement

    Tx-ReUseKit

    • Ready-to-use templates help save time and chargeable effort while starting, managing, and reporting on software projects

    Tx-TestMethods

    • Improves overall IT life cycle management with test effectiveness and efficiency
    • 30% savings in time and cost

    Tx-DevOps

    • Improves the code quality and delivery speed
    • 25-30% time is saved with clear visibility of the entire DevOps project lifecycle

    Tx-Botomate

    • Supports NLP model test and real-time monitoring of chatbots
    • Effective testing of conversational flows

    Tx-UiPath

    • Robot-led test automation framework
    • 30% faster test creation
    • 40% lesser maintenance efforts

    Tx-Automate

    • 90% reduction of efforts to run tests
    • 80% reduction in regression testing cycle
    BFSI testing solutions

    Case Study

    Gain Insights into Our Services Industry

    BFSI Case Study

    Tx Assisted a US-Based Financial Services Company Achieve 100% Automation and Reduce QA Costs By 40%

    Tx partnered with the client to understand the application flow and assisted automating test cases and batch execution. Our client has successfully saved costs, streamlined the processes, and scaled the business.

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    Investment Services Company Case Study

    Tx Helped a Leading Investment Services Company Save 40% QA Cost & Achieve Successful Implementation of CRIMS System with Minimal Defects 

    Tx Helped a Leading Investment Services Company Save 40% QA Cost & Achieve Successful Implementation of CRIMS System with Minimal Defects

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    Farm Credit Services Case study

    Tx helped a Leading Farm Credit Services Provider Achieve 90% Reduced QA Cycle Time and 50% Reduced Time to Market with Automated Functional Testing 

    To help client achieve the required goal, we enabled end-to-end functional automation testing of their farm credit application suite comprising of more than ten applications using the recent DevOps CI/CD methodology.

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    Why Choose Tx?

    Industry Thought Leadership
    Professional teams
    Experts who are 100% technically qualified with more than 70% certified with flexible engagement models to best-fit customers 
    software testing tools and accelerators
    In-house AI accelerators and RPA frameworks

    IP-led services that ensure 40% saving of time; robust testing processes leveraging next-gen AI, ML & RPA with no-code/low-code automation

    Next-gen Tools and Technologies
    Tool partnerships
    Partnerships with UiPath Test Suite, Tricentis Tosca, and other partners ensure faster testing outcomes and reduced costs to clients
    Rapid ROI
    Business value proposition
    Increases speed to market and saves up to 55% on QA Total Cost of Ownership (TCoE)

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