Tristha’s Expertise
Knows No Bounds
From a traditional brick and mortar bank branches to nextgen branchless banking, today’s competitive market and new age technologies have made innovation an imperative element in a bank’s growth. Given the size and complexity of existing business-critical applications, the digital transformation journey can be daunting. Tristha’s deep-domain knowledge, ready-to-use repositories and custom solutions help financial institutions across the globe embrace new technology and seamlessly roll out new products.
The payment industry is witnessing rapid change due to newer technologies and ever-changing consumer behaviour. New regulations like PSD2 and Open Banking level the playing field for the new entrants. Due to this, we have new non-traditional players across the payment value chain. Banks, thus, face the pressure of increased collaboration across the value chain and are forced to revisit their traditional business models. Tristha helps mitigate quality risk and roll out their products and services through the right blend of domain knowledge, rigorous methodology, and innovative products.
Globalization and growth from new geographic markets, regulatory changes, and the increasing convergence of traditional and alternative business models, are key drivers for the adoption of digital transformation strategies.
Tristha’s domain-centric resources backed by test automation platforms help improve organisations’ post-execution trade management, clearing and settlement processes for equities and fixed income trade through comprehensive coverage of test cases both manually and via test automation.
From hassle-free online insurance to faster claim processing, IOT based analysis of policyholders, customized insurance products, paperless insurance etc. the insurance sector is undergoing a complete change.
Tristha’s complex multi-faceted solution powered by domain knowledge, techno-focused testers and test automation, help insurance companies roll out their digitalization programs in providing an efficient and error free customer experience.
Treasury, which is Bank’s market division have changed considerably and regulations has been crucial to changing the banking business in general, also one of the most relevant modifications was the change in business model – from a model based on assuming and managing proprietary risks to one based on customers and their needs, where electronic and digital channels and customer experience are fundamental. As business is based on fundamental pillars of Products , Distribution channels , Manage risks and Technology and outlook for treasury management is also aligned to solutions addressing the same with focus on technology ( API’s , Automation) , market risk, payment hubs and integration of payments, trade and liquidity management. With Tristha is aligned to the changes and transformation and being focused on innovation ( with inhouse automation tools and solutions) can assist mitigate quality risk and assist roll out of products through right blend of domain knowledge, rigorous methodology & innovation.
Differentiators
Compliance Testing
BFSI is one of the highly regulated industry. There are sweeping changes made by the regulatory bodies across the globe after the financial crisis. These regulations address data privacy, transparency, reporting & better use of modern technology. Globally banks spend around $270 billion every year on risk and regulatory compliance-related activities. Any misadventure in this result in hefty fines. During H1 of 2021 the watchdogs across the globe, collected a fine of $937.7 million for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and data privacy regulations. So, compliance testing cannot be seen as another tick in the box kind of activity. Tristha with it’s industry experts help clients in the BFSI space in testing these re changes & seamless rollouts.
Static Testing
While there are new technologies emerging every week, which enable faster time to market and enhanced customer experience, when it comes to software testing, organisations need to follow a zero-tolerance approach. As we hear news of technical glitches halting business, millions of losses & data breaches, Many financial institutions find the cost of fixing an issue in production and the associated penalty is costlier than fixing the issue at an earlier stage of SDLC. Quality is a continuous process, and there needs to be a quality gate at every stage of SDLC. Requirement gaps have been a long-running issue and one of the main reasons for project overruns. At Tristha, our techno-functional experts help bridge this gap at an earlier stage through static testing.
Other Testing Services
- ATM & POS Terminal Testing
- Terminal Certification Testing
- Data Migration
- Version Upgrade
- Release Testing
- Legacy Modrenization
- Greenfield Implementation
- Performance Testing
Benefit from Quality at Unmatched Speed