Validata Group, the leading provider of Validata SAS, the first truly integrated Automation Lifecycle Management (ALM) solution for the Banking and Finance Sector, is pleased to announce that they have secured an agreement with Temenos Group, the global market leading provider of mission-critical software applications to the financial services industry, to develop test case content for the Temenos T24 German Banking Suite (T24 GBS).
This agreement between Validata Group and Temenos is a commitment from both organisations to invest further in strengthening their offerings for the German market.
Validata will be developing test case content in order to offer banks in Germany using Temenos’ T24 GBS a predefined set of automated test cases which will accelerate the client testing effort, reduce risk on the project and shorten the testing period. All of this allows the client to achieve quicker Return on Investment (RoI) for their core banking system replacement.
Validata has been offering testing solutions in the Temenos market space since entering into the Temenos partner programme in 2005. With its ATS solution, Validata is able to achieve levels of test automation on Temenos T24™ which can’t be matched by any standard automation tools in the market. The Test Case Content will provide a combination of tests which will use both the web browser user interface and OFS, as well as scenarios for close of business.
Noah Kraehenmann, Temenos Regional Director for Central & Eastern Europe, stated ‘With our Temenos T24 German Banking Suite we have tailored our leading core banking solution T24 to meet the exacting requirements of the German banking market. Temenos sees the partnership with Validata as a simple means of increasing project efficiency through the delivery of packaged testing and deployment services.’
Vaios Vaitsis, CEO & Founder, says ‘Our investment here, in developing a suite of test cases for the Temenos T24 German Banking Suite, demonstrates further our commitment to Temenos and the market. We’re confident that this offering will improve client confidence and, more importantly, will deliver tangible benefits for all involved. Reducing risk and effort in implementation projects can only help all parties realizing a better Return on investment.’
Mike Head, Global Alliances Director, Temenos adds ‘This is yet another example on how our partners are helping to add value to the Temenos community. This initiative strengthens our product offering in the German market whilst additionally offering clients an accelerated testing option for implementation or upgrade projects’
About Validata Group
Validata Group is the leading provider of Validata SAS, the first truly integrated Automation 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 Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva with more than 55 offices worldwide, Temenos software is proven in over 1,500 customer deployments in more than 125 countries across the world. Temenos’ products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ expertise around the globe. Temenos customers are proven to be more profitable than their peers: in the period 2008-2010, Temenos customers enjoyed on average a 30% higher return on assets, a 46% higher return on capital and an 8.5 percentage point lower cost/income ratio than banks running legacy applications.
For more information please visit www.temenos.com
Validata will be developing test case content in order to offer banks in Germany using Temenos’ T24 GBS a predefined set of automated test cases which will accelerate the client testing effort, reduce risk on the project and shorten the testing period. All of this allows the client to achieve quicker Return on Investment (RoI) for their core banking system replacement.
Validata has been offering testing solutions in the Temenos market space since entering into the Temenos partner programme in 2005. With its ATS solution, Validata is able to achieve levels of test automation on Temenos T24™ which can’t be matched by any standard automation tools in the market. The Test Case Content will provide a combination of tests which will use both the web browser user interface and OFS, as well as scenarios for close of business.
Noah Kraehenmann, Temenos Regional Director for Central & Eastern Europe, stated ‘With our Temenos T24 German Banking Suite we have tailored our leading core banking solution T24 to meet the exacting requirements of the German banking market. Temenos sees the partnership with Validata as a simple means of increasing project efficiency through the delivery of packaged testing and deployment services.’
Vaios Vaitsis, CEO & Founder, says ‘Our investment here, in developing a suite of test cases for the Temenos T24 German Banking Suite, demonstrates further our commitment to Temenos and the market. We’re confident that this offering will improve client confidence and, more importantly, will deliver tangible benefits for all involved. Reducing risk and effort in implementation projects can only help all parties realizing a better Return on investment.’
Mike Head, Global Alliances Director, Temenos adds ‘This is yet another example on how our partners are helping to add value to the Temenos community. This initiative strengthens our product offering in the German market whilst additionally offering clients an accelerated testing option for implementation or upgrade projects’
About Validata Group
Validata Group is the leading provider of Validata SAS, the first truly integrated Automation 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 Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva with more than 55 offices worldwide, Temenos software is proven in over 1,500 customer deployments in more than 125 countries across the world. Temenos’ products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ expertise around the globe. Temenos customers are proven to be more profitable than their peers: in the period 2008-2010, Temenos customers enjoyed on average a 30% higher return on assets, a 46% higher return on capital and an 8.5 percentage point lower cost/income ratio than banks running legacy applications.
For more information please visit www.temenos.com