QA of financial software
BFSI solutions we test
We help banks, insurance companies, and fintech startups to gain a competitive edge with dependable software.
Banking of things
We verify the functionality, security, and performance of smart ATMs or digital wallets embedded into mobile phones that leverage IoT for interacting and data sharing. We ensure smooth network operation and reliability, as well as sensitive data protection even with software and firmware updates.
Investment management solutions
We verify data processing and management of vast dynamic data volumes; make functional verifications to confirm the investment management software operates as expected; apply security checks to prevent disclosure of sensitive financial information; run performance tests to confirm the software can operate under high loads.
Payment processing software
We ensure the speed, security, and reliability of domestic and international transactions. We verify diverse payment types and identify issues, such as declined or incomplete transactions, and inability to add payment methods. We also test compliance with international regulations, such as GDPR or PCI DSS.
Stock trading platforms
We evaluate the entire functionality of the trading software, its performance, resistance to cyber attacks or data leakages, ease of use, and ability to seamlessly integrate with other third-party systems.
Mobile banking products
We run usability tests to make sure that the software is user-friendly and intuitive, apply functional tests to confirm that all features perform well, boost protection with security testing, and increase processing speed with performance verifications.
Open banking
We test data security focusing on multi-factor authentication, validate software limits under high loads, check data response and behavior of API queries, and verify open banking integration with third-party systems, such as diverse payment solutions.
Core banking systems
We provide thorough, continuous testing of the back-end functionality of core banking systems, including corporate banking software, private wealth management solutions, to ensure high quality of all banking operations, unmatched speed, and full data protection.
Advanced technologies we specialize in
Blockchain
We test blockchain-based solutions, including smart contracts, wallets, NFT marketplaces, decentralized apps (dApps), to make sure they function in line with specifications, can handle increased loads, and are resistant to cyber threats.
Robotic Process Automation (RPA)
We define test scenarios, use realistic test data, check that RPA software meets functional and non-functional requirements, review its operation when using large data inputs, and verify recovery mechanisms. Thus, we identify bottlenecks, helping avoid increased fixing costs if spotting bugs late in the SDLC.
Artificial intelligence and machine learning
We test AI-powered fintech software, assessing the effectiveness of the implemented AI/ML models. Our QA experts check the quality and integrity of data used for model training to ensure the models deliver accurate results. We work with various AI-enabled solutions, from AI assistants and credit scoring systems to algorithmic trading software.
AR/VR technologies
We apply a variety of QA services to test AR/VR-based software used by banks to interact with customers and deliver streamlined, personalized services. Thus, we can improve usability, performance, security, and compatibility across diverse devices, consoles, and OSs.
Cloud computing and infrastructure
We test the functionality and integrity of the fintech solutions that reside in the cloud to ensure they are reliable and resilient to attacks. We assess the solution’s scalability and performance under peak loads, as well as check its disaster recovery and data security mechanisms.
Software testing services we deliver
Compliance testing
We help companies prevent consumer harm or law violations by checking BFSI solutions’ compliance with regulatory and security standards presented by PCI DSS, ISO 20022, ISO/TC 68, SOX.
Cybersecurity testing
Through vulnerability scanning, penetration testing, and other security verifications based on OWASP, we help BFSI market players safeguard financial data and enhance software protection from malicious intruders.
Performance testing
With client- and server-side performance verifications and monitoring, we make sure that online banking platforms, loan origination systems, and other financial software work effectively regardless of load, allowing for quick transactions and data exchange.
Integration testing
We make sure that solutions, such as core banking, credit and loans, fraud management, and investment systems integrate with one another and operate well when interacting with external payment gateways or other third-party services.
Functional testing
We assist companies with releasing Internet banking systems, investment and stock management solutions, and financial management products. We compile a test strategy and documentation and apply functional testing verifications to validate software against specifications, providing maximized test coverage and minimized business risks.
Accessibility testing
We ensure that individuals with disabilities can access and use diverse BFSI software, such as investment banking software, mobile banking applications, electronic payment systems. All software facets are examined to guarantee adherence to international accessibility standards, including WCAG 2.0, ADA, and Section 508.
Usability testing
We make sure that multiple financial solutions, such as credit management systems or core banking software, are intuitive and user-friendly, thus increasing conversion rates and boosting customer satisfaction.
Compatibility testing
Regardless of the browser or platform applied by end users of BFSI software, we deliver compatibility testing services to confirm that it can run in any environment.
End-to-end testing and UAT
We test the entire operation of BFSI software, from start to finish, to confirm the coherent work of all its components and validate its behavior, including its functionality, reliability, performance, and security.
Optimize QA with continuous testing
To obtain fast feedback on software quality and prevent missing deadlines, we provide ongoing evaluation of BFSI solutions with continuous testing and test automation. Paired together, they extend test coverage, accelerate release cycles, and decrease the costs of fixing defects due to their early identification.
To ease the testing process and improve efficiency, we leverage a tailored Aquality Automation framework that serves for diverse programming languages, allows creating tests for web/mobile/desktop solutions, and applies AI to locate the source of issues.
Our happy clients say
Industry recognition
How do we turn clients’ needs into success stories?
Challenges that BFSI companies can mitigate with professional QA and software testing
Concerns with testing complex calculations
A failure to ensure high-quality financial calculations, analyze risks, or generate reports results in erroneous information and inability to accurately make data-driven decisions.
Shortage of standards for the newest technologies
The blockchain industry lacks standardized testing frameworks and guidelines, making it challenging to establish best practices for testing. The same applies to RPA and AI/ML-based solutions.
Struggling with legacy systems
Insufficient testing of BFSI legacy systems or a lack of QA support when switching to modernized solutions can cause issues related to functional and non-functional software aspects or even downtime.
Lack of proficient QA experts and managers
A shortage of professionals experienced in testing complex software can cause security, performance, integration, or functional issues.
Inability to ensure quality using real devices
A scarcity of quality testing on real mobile devices can result in reduced test coverage, affecting the software performance and user experience.
Why a1qa?
20+ years delivering QA services
We cover all QA needs, allowing companies to benefit from a wide variety of QA services in one place without the associated costs of QA team setup.
10+ CoEs and R&Ds
Our QA engineers and managers grow professionally, master diverse tools, and work with systems of diverse complexities.
1,100+ full-time QA experts
We assign skilled QA engineers with the required technical and industry expertise to solve QA-related issues, meet set milestones, and boost the quality of financial software.
Professional management
We completely control the testing process across all SDLC stages so that you can focus on other high-priority objectives.
Team scalability
We provide tailored team compositions and can quickly ramp QA teams up or down depending on the changing workload.
Fine-tuned processes
We follow ISO 9001/27001 standards, best practices, and track progress with KPIs to organize and manage QA workflows and mitigate risks.