Validata Group, the leading provider of Validata SAS and Cloud-based Managed Testing Services for the Banking and Finance Sector, announced today that Libyan Qatari Bank (LQB) which is being launched in the Middle East, is implementing Temenos T24™ (R11) and have selected Validata SAS for User Acceptance Testing of their Temenos T24 environment, Interfaces Testing and Islamic Banking.
Validata SAS is a central suite for integrated tools, agnostic of any platform, database, UI and APIs, focused on managing core application lifecycle activities from requirements through testing and configuration management allowing banks to encourage best practices by capturing and reusing project assets and process knowledge. It is designed to validate the various configurations across the complete T24 software stack from Core to Country Model Bank, ISB and Local code.
It enables end-to-end testing from front office applications with Desktop, Web and mobile user interfaces to backend processes and operations, and integrates with both Business and IT tools and repositories without taking customers to rigid platforms, and providing end-to-end traceability, dashboards and reporting.
Vaios Vaitsis, CEO of Validata Group said, “We’re delighted to have been chosen by LQB and to have been recognized for the value that our products and services will bring to their project. We have already made significant strides to secure more of a presence in the Middle East and having them as a customer helps us deliver against our strategy for this region. We look forward to working with LQB moving forward and in helping the company deliver real, measurable return on its IT investment.
About Validata Group
Validata Group is the leading provider of Validata SAS, the first truly integrated Automated Lifecycle Management (ALM) solution for the Banking and Finance sector. Validata SAS is a central platform of integrated tools, agnostic of any software, database, UI and APIs designed to validate Core Banking Systems, aligns testing to business processes and/or requirements whilst improving productivity and automation coverage, achieving reduced test cycle times in all phases of testing and enhanced ROI.
Unlike traditional tools where the underlying technical details of tests are not clearly partitioned from the business intent of tests, Validata SAS has a clear division between technical detail and high level business flow modeling which makes the delivery of reusable automated test suites and its maintenance an inexpensive and simple task.
The company is a Temenos partner since 2005, Global Testing Partner since 2008. It is the only Certified Temenos Partner on all three Validata product suites for Testing, Legacy Migration and Build & Configuration Management.
Validata Group has offices in Athens, Sofia, London and Cyprus.
For more information visit www.validata-software.com
About Libyan Qatari Bank
The Libyan Qatari Bank (LQB) was founded in accordance with the provisions Libyan Banking Law under Law No. 1 of year 2005 and is a joint venture between the Libyan Foreign Bank and the Qatar Investment Authority who later transferred their shares to Qatar Holdings. LQB has a capital 600,000,000 Libyan Dinars.
Driven by the positive economic shift in Libya, LQB is a bank established to redefine the banking experience in the country through its new culture of customer service, differentiated technology and Islamic offering.
This is a world class bank that offers comprehensive banking solutions across all segments to enable sustainable economic growth.
LQB has been working with Temenos since June 2010 in order to set-up, prepare and configure a complete banking system according to the banks requirements.
It enables end-to-end testing from front office applications with Desktop, Web and mobile user interfaces to backend processes and operations, and integrates with both Business and IT tools and repositories without taking customers to rigid platforms, and providing end-to-end traceability, dashboards and reporting.
Vaios Vaitsis, CEO of Validata Group said, “We’re delighted to have been chosen by LQB and to have been recognized for the value that our products and services will bring to their project. We have already made significant strides to secure more of a presence in the Middle East and having them as a customer helps us deliver against our strategy for this region. We look forward to working with LQB moving forward and in helping the company deliver real, measurable return on its IT investment.
About Validata Group
Validata Group is the leading provider of Validata SAS, the first truly integrated Automated Lifecycle Management (ALM) solution for the Banking and Finance sector. Validata SAS is a central platform of integrated tools, agnostic of any software, database, UI and APIs designed to validate Core Banking Systems, aligns testing to business processes and/or requirements whilst improving productivity and automation coverage, achieving reduced test cycle times in all phases of testing and enhanced ROI.
Unlike traditional tools where the underlying technical details of tests are not clearly partitioned from the business intent of tests, Validata SAS has a clear division between technical detail and high level business flow modeling which makes the delivery of reusable automated test suites and its maintenance an inexpensive and simple task.
The company is a Temenos partner since 2005, Global Testing Partner since 2008. It is the only Certified Temenos Partner on all three Validata product suites for Testing, Legacy Migration and Build & Configuration Management.
Validata Group has offices in Athens, Sofia, London and Cyprus.
For more information visit www.validata-software.com
About Libyan Qatari Bank
The Libyan Qatari Bank (LQB) was founded in accordance with the provisions Libyan Banking Law under Law No. 1 of year 2005 and is a joint venture between the Libyan Foreign Bank and the Qatar Investment Authority who later transferred their shares to Qatar Holdings. LQB has a capital 600,000,000 Libyan Dinars.
Driven by the positive economic shift in Libya, LQB is a bank established to redefine the banking experience in the country through its new culture of customer service, differentiated technology and Islamic offering.
This is a world class bank that offers comprehensive banking solutions across all segments to enable sustainable economic growth.
LQB has been working with Temenos since June 2010 in order to set-up, prepare and configure a complete banking system according to the banks requirements.