According to Gartner by the end of 2024, 75% of organizations will shift from piloting to operationalizing AI. It may sounds like a risky plan for companies to adopt but in reality they translate technology advantage into competitive advantage within their industry. A plan that goes beyond post-COVID-19 world and can overcome unpredictable market shifts requires an ever-increasing velocity and scale of analysis in terms of processing and access. Embracing technological innovation is no longer just an option. Customer expectations and demand for new digital services are already increasing at a rapid pace.

Banks and Financial institutions need to deliver better quality software to the business faster and at less cost. No bank can afford the time, the cost or the risk of employing an army of manual testers. They need to be able to respond to changing requirements by provisioning fit for purpose test data to the right place at the right time to accelerate and improve test cycles.

With the adoption and spread of digital technology, software testing helps different organizations stay competitive and shows exponential growth during the last four years. While not every institution will be impacted equally by fast-changing technology, IT undoubtedly plays a significant role in all industries. In this article we emphasize in the eight most important tech trends that banks and financial services organisations will continue to experience within 2020:

With Validata Sense.ai we have extended our Analytics functionality so clients are now able to centrally analyse and monitor their testing efforts and progress leveraging AI and machine learning.

Agile and DevOps practices have brought a revolutionary wave in testing. The shift-left way of thinking has made testing and development no longer separate tasks and gave to testing the ability to track the quality metrics right from the inception and on a regular basis thanks to a more ‘continuous’ approach (Continuous Testing, Continuous Development and Continuous Deployment).

Agile testing is a software testing practice that follows the principles of agile software development. Agile testing involves all members of a cross-functional agile team, with special expertise contributed by testers, to ensure delivering the business value desired by the customer at frequent intervals, working at a sustainable pace. With Agile, testing becomes an integral part of the core software development and actively participates though out the software coding process. Agile testing involves testing from the customer perspective as early as possible, testing early and often as code becomes available and stable enough from module/unit level testing.