Validata Group, the leading provider of Validata SAS, the first truly integrated Automation Lifecycle Management (ALM) solution for the Banking and Finance, is pleased to announce that Banco Azul de El Salvador has opted for Validata ATS to assist in their T24 implementation project.
Banco Azul is a start-up bank headquartered in El Salvador and has selected Validata to effectively and efficiently do the testing of their green-field implementation of T24 R14.
Validata ATS is a comprehensive end-to-end automated testing solution enabling Temenos T24™ implementations and upgrades to be performed more efficiently, reducing overall project cost and significantly improving quality.
Unlike generic tools where the underlying technical details of tests are not clearly partitioned from the business intent of tests, Validata ATS has a clear division between technical detail and high level business flow modelling which makes the delivery of reusable automated test suites and their maintenance an inexpensive and simple task.
It also has features that are still missing from traditional tools, such as built-in test data management, pre-built reusable content, all in one integrated suite, designed to deliver from single upgrades to multiple rollouts!
Validata ATS has already been chosen as the preferred testing tool in a number of banks in the region, strengthening Validata’s position as the leading provider of end-to-end automated testing solutions.
Armando Rodriguez , CEO of Banco Azul , commented, “We concluded the selection for testing software after a series of evaluations, and we have chosen Validata as our partner as we firmly believe that they will bring value to our project by de-risking and accelerating the testing process. Their superior technology, tight integration with T24, pre-built testing accelerators and domain knowledge, could ensure that testing would be delivered with the right blend of efficiency.”
Vaios Vaitsis, Founder and CEO at Validata Group, added, “We strongly believe that our innovative approach to delivering testing in the Banking market space delivers unrivalled benefits to our clients not just at the time of engagement but long into their future usage of the applications used for covering the business. We look forward to working with Banco Azul and in helping the company deliver real, measurable return on its IT investment.”
About Banco Azul
Banco Azul de El Salvador, an upcoming banking project from El Salvador, is an initiative from a group of recognized entrepreneurs and bankers who strongly believe in the potential of a new actor in the Salvadorian financial market. The idea of the conformation and creation of a new Bank, which started in 2012, is now a reality thanks to the common goal and vision of 10 original founders and the participation of more than 1,400 Salvadorian shareholders.
Founded with an initial capital of $20 million and followed by a second public offering in November 2013, is that Banco Azul completed its pool of funds; resulting in a startup capital of $60 million for the establishment of the organization. This activity and the immediate favorable response, was just the first evidence of a highly active citizenry that longs for the quality service of the banking services from the 90´s. Therefore, the core of Banco Azul´s strategy is a personalized and top of the line service, a motto that has reinforced the mission of the institution with a “customer-centric” approach.
Banco Azul´s aim is to provide the full spectrum of financial services to customers and businesses, through the expertise of its highly qualified team members, technological infrastructure and strategically located offices. After its inauguration, estimated at the beginning of the second semester of 2014, Banco Azul will immediately locate itself amongst the medium banks of El Salvador.
Validata ATS is a comprehensive end-to-end automated testing solution enabling Temenos T24™ implementations and upgrades to be performed more efficiently, reducing overall project cost and significantly improving quality.
Unlike generic tools where the underlying technical details of tests are not clearly partitioned from the business intent of tests, Validata ATS has a clear division between technical detail and high level business flow modelling which makes the delivery of reusable automated test suites and their maintenance an inexpensive and simple task.
It also has features that are still missing from traditional tools, such as built-in test data management, pre-built reusable content, all in one integrated suite, designed to deliver from single upgrades to multiple rollouts!
Validata ATS has already been chosen as the preferred testing tool in a number of banks in the region, strengthening Validata’s position as the leading provider of end-to-end automated testing solutions.
Armando Rodriguez , CEO of Banco Azul , commented, “We concluded the selection for testing software after a series of evaluations, and we have chosen Validata as our partner as we firmly believe that they will bring value to our project by de-risking and accelerating the testing process. Their superior technology, tight integration with T24, pre-built testing accelerators and domain knowledge, could ensure that testing would be delivered with the right blend of efficiency.”
Vaios Vaitsis, Founder and CEO at Validata Group, added, “We strongly believe that our innovative approach to delivering testing in the Banking market space delivers unrivalled benefits to our clients not just at the time of engagement but long into their future usage of the applications used for covering the business. We look forward to working with Banco Azul and in helping the company deliver real, measurable return on its IT investment.”
About Banco Azul
Banco Azul de El Salvador, an upcoming banking project from El Salvador, is an initiative from a group of recognized entrepreneurs and bankers who strongly believe in the potential of a new actor in the Salvadorian financial market. The idea of the conformation and creation of a new Bank, which started in 2012, is now a reality thanks to the common goal and vision of 10 original founders and the participation of more than 1,400 Salvadorian shareholders.
Founded with an initial capital of $20 million and followed by a second public offering in November 2013, is that Banco Azul completed its pool of funds; resulting in a startup capital of $60 million for the establishment of the organization. This activity and the immediate favorable response, was just the first evidence of a highly active citizenry that longs for the quality service of the banking services from the 90´s. Therefore, the core of Banco Azul´s strategy is a personalized and top of the line service, a motto that has reinforced the mission of the institution with a “customer-centric” approach.
Banco Azul´s aim is to provide the full spectrum of financial services to customers and businesses, through the expertise of its highly qualified team members, technological infrastructure and strategically located offices. After its inauguration, estimated at the beginning of the second semester of 2014, Banco Azul will immediately locate itself amongst the medium banks of El Salvador.