New clients and live sites for software testing firm Validata
Validata CEO: “Our products are good and stand out, compared to those from our competitors”
Validata, a specialist in enterprise software testing and release automation and Temenos’ partner, has announced a number of client wins and go-lives.
“It is estimated that around 30-40% of the effort in implementing, and around 80% of the effort in upgrading Temenos T24 is consumed in testing,” comments Vaios Vaitsis, founder and CEO of Validata.
“Our success simply comes from the fact that our products are good and stand out, compared to those from our competitors,” he boldly states. So, who’s been buying and using Validata’s software and services?
Canada
Two credit unions in Canada, FirstOntario and Integris, chose Validata’s Test Automation and DevOps platform to ensure continuous testing and delivery on their transition from legacy systems to T24.
Carol Mayer, EVP and programme manager at FirstOntario CU, comments, “from a business perspective Validata’s practical approach and methodology will allow us to shape and accelerate our testing and migration effort effectively, whilst technically, with the full Microsoft platform integration of Validata SAS, we are able to lower our TCO”.
Jeff Anderson, VP of IT at Integris CU is also complimentary about the solution, saying “the Validata SAS platform ensures that Integris’ systems are high-performing, stable and reliable”.
Caribbean
A long-standing T24 user in the region – Banking Technology understands this is RBC Royal Bank – has deployed Validata’s Continuous Testing platform to revamp its quality assurance (QA).
The platform supports RBC Royal Bank’s regional network across Trinidad, Aruba, Grenada and St Martin.
The bank had previously invested in HP’s QTP as its testing tool, according to Validata, “but was facing challenges as the levels of automation were very low, and the test scripts defined were lacking of reusability and consistency, hence the test teams had to spend enormous effort on manual testing, test data and environments management and were not able to get the appropriate coverage and QA out of the testing process”.
The vendor says there was an “exhaustive” selection process for automated regression/upgrade testing, performance testing and release automation between T24 R7 and R14.
The new platform has brought a much faster time to market – “from days down to just hours” – as well as “significant cost savings” for the bank.
Another regional T24 user, Jamaica-based Sagicor Bank, opted for Validata’s V-Conn tool for financial reconciliation for its migration from older systems to T24 R14.
In 2014, Sagicor acquired the Jamaican business of RBC Royal Bank, and decided to consolidate the operations on the latest release of Temenos’ T24. This required migration from T24 R7 and Oracle FSS’s Flexcube.
Africa
East Africa’s largest local banking group, KCB, has recently gone live on T24 R14, using Validata ATS, Test Analytics and Test Environment Management solutions.
KCB embarked on the Temenos’ core upgrade in 2015 (it is a long-standing user of T24).
Validata says despite the challenges, “the project was implemented on time and on budget”. The vendor adds that it helped the bank to standardise its QA and keep a centralised shared repository with aggregated information for all the vendors involved in the project.
Middle East
Jordan Ahli Bank (JAB) has completed its core banking revamp – moving to Temenos’ T24 – with Validata’s ATS, V-Conn and Performance Tester tools.
The oldest bank in Jordan and the third largest by assets, Jordan Ahli Bank (formerly Jordan National Bank), signed for T24 in 2012. It has 50+ branches in Jordan and a presence in Lebanon, Cyprus and Palestine.
The bank opted for Temenos’ Arrangement Architecture (AA) with Temenos Application Framework Java (TAFJ) – this required “a significant amount of data to be converted and migrated from legacy system Bank2000 and satellite systems Eximbills, Sungard and Ibank, to the new T24 system”, Validata says.
