Validata’s DaaS solution delivers Temenos Core Banking Upgrades in half the time with quality

Although core banking system upgrades are necessary to keep pace with business needs, they too often exceed budget and disrupt ongoing operations. Exceeding timelines and budgets reduce an upgrade’s ROI and increases the payback period for the project. Data stands in the way of executing those projects at speed and with quality. To roll out new applications, business processes, and modules, teams need data for development and testing environments but are operationally constrained by the slow, inefficient process of extracting, copying, and moving data.

Similarly, with more and more organizations turning to Continuous Delivery and DevOps practices, rigorous and agile testing is essential to releasing quality software. To do this teams need quality data, but in most cases project delays occur because developers and testers lack access to the data they need, when they need it.

Validata’s DaaS solution uniquely addresses the issues involved in a core banking upgrade, DevOps or QA transformation project by:

• - Delivering full and scalable virtual copies of production data on demand. No more hold up with the Dev team waiting for data!
• - Building a single systems integration environment to ensure integration testing is possible. Tests have to run against an entire simulated data ecosystem. The need for data copies presents a technical challenge and an organisational challenge because different databases belong to different teams. So integration testing is a challenge.
• - Achieving Data Agility by being able to make copies of any data source at any point of of time.
• - Enabling every developer to have a copy of production data they need without the exorbitant storage costs so you can move from monthly to daily releases.
• - Making parallel copies of identical data that is easy to share between members of the team to facilitate collaboration.
• - Supporting stress testing by aggregating, processing and analysing data from various sources with speed and quality.
• - Easing costs and complexity of delivering regulatory compliance and security

“Data as a Service has the potential to transform both the process and economics of critical Temenos upgrades. By accelerating data delivery and reducing infrastructure requirements, DaaS eliminates time, cost, and risk associated with the upgrade, increasing overall project ROI”, explains Vaios Vaitsis, Founder and CEO at Validata Group.