wonderfully unique software solutions

Financial services sector leads field in software testing: Tricentis

Banks, insurers, payments providers and other financial firms are ahead when it comes to adopting software test automation and accelerated processes, according to a report from platform provider Tricentis.

Jori Ramakers, director of customer experience strategy at Tricentis, noted in the official release that software is now being tested faster, with developments evolving in days or even minutes.

“Even an easily overlooked glitch could result in regulatory compliance investigations and penalties,” Ramakers explained. “There‚Äôs absolutely no room for error.”

However, Tricentis’ longitudinal study also suggests a high level of maturity in software testing in large financial services organisations, especially around testing automation and integration.

Findings included that software testing processes in the financial sector are 29% more mature than in similar types of companies in other industries, with financial firms more than twice as likely to have automated the testing across their continuous integration and delivery (CI/CD) pipelines.

The overal test-data strategy at insurance organisations reviewed in the study is 63% more mature than those outside of the financial space, according to Tricentis.

Tricentis collected data from 110 Fortune 500-equivalent financial services sector organisations from Europe, the Americas and the Asia-Pacific.

Tricentis provides an automated continuous testing platform to around 1,800 companies including McKesson, Accenture, Nationwide Insurance, Allianz and Telstra.

In addition to financial services, it targets customers in government, healthcare, energy/utilities and other sectors. Tricentis believes that many companies are impeded from full cross-team collaboration by using a variety of tools for developing and testing their applications.

( Photo by Austin Distel on Unsplash )

Recent Articles

Arista warns SMBs to take precautions against edge threats

Arista Networks, the vendor of Arista Edge Threat Management (ETM) has warned that SMBs aren't always aware of the extent of targeting...

Instructure rolls out iWork update for Canvas LMS users on Apple

Learning management software company Instructure has taken the covers off an Apple iWork update for its Canvas learning management system (LMS).

E-learning player iSpring adds six integrations for its LMS platform

Customers of the iSpring Learn learning management system (LMS) can now connect to no less than six additional platforms with a view...

What’s new in JetBrains code analyser Qodana 2023.2

The code-quality platform Qodana, new from a cornucopia of JetBrains developer tools, now boasts server-side analysis integrated with the 2023.2 releases of...

N-able leads RMM field across multiple awards programmes

Remote monitoring and management (RMM) provider N-able has taken two more coveted titles for 2023, including a prestigious CRN award for the...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Weirdware monthly - Get the latest news in your inbox