FinTest is a workflow-based test accelerator for banks and financial institutions. It ensures user participation in effective management of knowledge, requirements and testing.

Effective testing practices require strong knowledge management, robust and reusable frameworks, and greater user participation. ValueLabs has developed FinTest precisely to address these key areas – our investment to map requirements and accelerate testing.

FinTest reduces the total cost of ownership (TCO) of testing, improves test quality and accelerates time-to-market, while ensuring compliance requirements. FinTest rides on the famous FURPS (Functionality, Usability, Reliability, Performance, and Supportability) software quality model. We have extended it further to include compatibility as one of its attributes.

Key differentiators:

FinTest is an innovation that effectively addresses the testing needs of banks and financial institutions.

Unique features of FinTest:

Knowledge repository: FinTest is a knowledge repository of the entire banking landscape. Knowledge is managed in the form of workflows. It enables users to learn and understand the intricacies of the banking practice on their own.

Flexibility: FinTest allows users to create and modify specifications (business rules, business conditions, workflows and use cases) in each phase – user management, service management, workflow management, and use case management – of the testing process. With every modification, the system generates modified test assets, thus achieving the twin objectives of quality and speed.

End-to-end test management: FinTest takes care of the complete test management process starting from scoping, estimation, test plan generation, test scenario generation, and test case generation to integration with commercial tools like HP QC, OATS, and so on to identify defects in the system.

Traceability: Each of the jobs in the testing process are given a unique id simplifying defect traceability and reporting.

Key benefits of FinTest

  • Ready-to-use solution
  • Facilitates effective knowledge management, thus reducing training costs and rework effort
  • Modifications to requirements allowed at any stage to build modified test assets
  • Reduces test design time by 20% to 25%, thus minimising the time of the project
  • Enables access to innovations, best practices and a large knowledge base
  • Provides real-time insights about user experience
  • Ensures quality and reliability

To know more about FinTest and how we helped our clients with this solution, please write to us at fintest@valuelabs.com.