Validata Group, the leading provider of Validata SAS, the first truly integrated Automation Lifecycle Management solution for the Banking and Finance Sector, announced today that it has been selected by Banco Ficohsa to provide TestCloud™, managed services model to help deliver on end-to-end automated testing for its upcoming projects, focusing on using Validata initially for the implementation of their core banking.
TestCloud™ is a cloud-based managed testing service for T24; an important transition and a paradigm shift in testing solutions delivery. One that promises large gains and efficiency and flexibility, at a time when demands on project implementations are growing exponentially.
It enables customers to move away from unstable environments, limited centralized governance and high costs of quality, and establish their own test environment in the cloud leveraging Validata SAS automated solution and pre-built Model Bank Testing Accelerators, providing wide coverage of all main banking functions and leveraging standard T24 Business Workflows and ready-to use-test data. That only can reduce test effort by a factor of as much as ten to one.
This unique model and differentiated services optimize IT resources, reduce hardware and license costs and enable customers to shift from a CAPEX to OPEX model to free capital for more strategic investments.
TestCloud™ is powered by Validata SAS, a central suite for integrated tools, agnostic of any platform, database, UI and APIs, designed to validate Core Banking systems, aligns testing to business requirements and/or processes whilst improving productivity and automation coverage, and achieves reduced test cycle times in all phases of testing.
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.
Validata SAS is a new breed of test automation tool that transforms the economics of test automation, and manual testing is now clearly the expensive, ineffective alternative.
Gary Rhodes, Director of Validata Group said, “Grupo Ficohsa has taken a very strategic view on testing and we’re delighted that they have selected Validata Group as a partner to help deliver in that area. TestCloud™ is unique to the industry. It draws together world class services, a fully integrated ALM platform, pre-built testing accelerators and best practices. It allows testing to get started instantly, enhancing operational efficiency and faster time-to-value.”
Melissa Lanza, Vice President HELIOS Project from Banco Ficohsa, said: “We chose Validata Group to support us in the T24 Testing phase based on its rich functionality, superior technology and tight integration with T24. Its pre-built testing processes and workflows and domain knowledge meant that we can accelerate our testing procedure, and streamline internal testing processes. Overall, we believe our partnership with Validata Group will deliver real quality assurance and value back into the business.”
About Validata Validata Group is the leading provider of Validata the first truly integrated Automation Lifecycle Management 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 Grupo Financiero Ficohsa S.A
Banco Ficohsa S.A. is part of Grupo Financiero Ficohsa S.A., a leading financial group that has recently decided to expand regionally as of May 2011 and now has operations in Honduras, Guatemala and Panama. Banco Ficohsa Honduras began operations in July 1994 and in less than a decade it was already a market leader, with a representative office in United States and a money remittance company in 16 states of United States of America.
Ficohsa ranks at the top position in the Honduran banking system in both total assets and liabilities, with the second largest loan portfolio in the industry. It has always imposed trends in the Honduran market characterized for its innovation in products and services, emphasizing their leadership with the introduction of electronic or remote transactional channels. With a clear objective of always looking to enhance and facilitate their customers experience via electronic channels, Ficohsa has the largest ATM network in the country, and is now revolutionizing the banking industry with their mobile solutions, recently moving towards tablets and mobile phones to ensure customers have access to the Bank whenever and wherever they need it.
Banco Ficohsa S.A. is also known as the only Bank in Honduras that is part of the companies that belong in the group of Great Place to Work and has always been a leader in corporate social responsibility, distinguishing itself mainly through Fundación Ficohsa a non-profitable institution created over a decade ago, dedicated to help raise educational conditions and standards in pre-school education.
Banco Ficohsa S.A, Honduras
For more information www.ficohsa.com