Edmonton and London, May 14th 2024 - Validata announces that Canadian Western Bank has upgraded its current Validata testing infrastructure as part of its revamping strategy to improve the overall client experience, and will leverage the cloud-native ValidataSense.ai capabilities in a flexible hosted SaaS model, making it the first Canadian bank to do so.
Canadian Western Bank is one the leading banks in Canada, headquartered in Edmonton, Alberta, that selected Validata back in 2018 to assist in their QA and DevOps initiatives.
The move to the SaaS and cloud allows faster delivery of enhancements, easier integration, and cost reduction for hardware maintenance and support, which means a lower total cost of ownership and higher agility. It also means high availability, and the ability to scale seamlessly as testing needs grow.
Validata Sense.ai is a no-code, all-in-one ‘super app’ for functional, technical, and regression testing that combines the best of automation approaches with iRPA, AI and ML, and analytics to deliver superior, resilient automation focusing mainly on three aspects – to eliminate test coverage overlaps, optimize efforts with more predictable testing and move from defect detection to defect prevention. With generative AI capabilities, it can generate workflows and ‘fit-for-purpose’ synthetic test data as well as recommendations, as it identifies the optimal testing paths, defect root causes and recommends the ‘next best actions.
Daniel Pedersen, AVP – Quality Assurance at Canadian Western Bank, commented, “Validata has proven to be a great investment for our organization. We eagerly anticipate leveraging the benefits of the new release, along with the agility and scalability of the cloud and SaaS offering. This strategic move signifies a bold investment in future-proofing our operations. Leveraging Validata's advanced technology has delivered significant returns on our testing investments; we've achieved a remarkable ROI, streamlining our testing processes and reducing costs and testing effort.”
Vaios Vaitsis, Founder and CEO of Validata Group added, “We are pleased to continue supporting Canadian Western Bank in their digital transformation projects. This agreement extension demonstrates the strong relationship between our companies and underscores our ability to deliver AI-powered test automation solutions for the digital age. The SaaS offering combined with the underlying next-generation AI-powered technologies will enable the bank to innovate and grow without the restrictions of legacy technology.”
About Canadian Western Bank
Canadian Western Bank (CWB) is the only full-service financial institution in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. We provide nationwide full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. Our teams deliver a uniquely proactive and differentiated level of service to clients in targeted industries where we have deep expertise. Clients choose CWB for our highly personalized service, specialized expertise, customized solutions, and faster response times. Learn more at cwbank.com.About Validata Group
Validata Group empowers banks and financial services with end-to-end test automation, ‘progressive’ data migration, enterprise reconciliation and financial messages transformation (ISO 20022 readiness) capabilities powered by AI, RPA and Analytics, 20x faster than open source or traditional tools. With over 80 successful projects worldwide and two decades of pioneering innovation, we've proven our commitment to delivering excellence and ensuring customer success.Leading banks globally trust Validata to accelerate their digital transformation initiatives, simplify complex Temenos upgrade, migration and implementation projects with confidence, enabling faster go-lives! Learn more at www.validata-software.com