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<\/p>\nIt sure is. But is it also bug-free and secure?<\/p>\n
5 Critical aspects to consider while testing Financial\/Banking applications:<\/strong><\/p>\n
It involves analyzing the effect of the changes on the deployed application. It focuses on the features of the application that could be possibly and indirectly impacted by the changes in the application and might require scrupulous regression testing. This decision and analysis is generally done as a team.<\/p>\n
The team involved in the financial application\u2019s Quality Assurance is expected to identify areas that could be affected and eventually get them fixed. The technique is referred to as selective re-testing, as it focuses on reusing the existing test cases that have been already executed.<\/p>\n
Functional Testing is an essential aspect in software testing of financial applications. It is important to test the system with complete knowledge and check all source codes and architecture for bugs or any kind of vulnerabilities effectively.<\/p>\n
Functional testing of financial applications comprises the regular software testing activities: Test Case Preparation, Test Case Review, and Test Case execution. It can further involve Application testing, System Integration testing, Regression testing, and User Acceptance Testing as well.<\/p>\n
Security Testing is normally considered towards the end of the testing cycle after completing functional and non-functional aspects of the application. However, the dynamics and processes need to change with time. Financial applications are enabling the trade of millions of dollars in the form of stocks, goods, currency, and more.<\/p>\n
This means, you need to watch out financial breaches and take care of the sensitive areas on a proactive basis. Security testing helps you check for vulnerabilities and address them in compliance with Federal and industry standards. It helps check vulnerabilities across every platform \u2013 Web browsers and Mobile Applications.<\/p>\n
Financial services applications are venturing into diverse market and products, which requires more judgement of the expected load on the application. This drives the need for performance testing across the development lifecycle. It helps estimate, test, and manage load on the system and accordingly build the application.<\/p>\n
The applications are expected to adapt to the changing economic ecosystem and fast-paced applications development cycles. There are some key benefits of Performance testing, namely, monitoring and reporting, enhanced productivity, reduced costs, and reduced down-time. All in all, this helps in ensuring enhanced quality and better experience for the customers.<\/p>\n
Most of the financial services applications require rigorous testing, as they experience many different scenarios. Test Automation makes the process iterative and eliminates any errors that can occur due to manual efforts. This can be done with automated test scripts\/frameworks.<\/p>\n
This will further ensure that all kinds of user interactions are tested and the team is able to achieve enhanced test coverage. Test Automation<\/a> can be implemented across different software testing activities \u2013 performance\/stress testing, security testing, and functional testing.<\/p>\n
Cigniti\u2019s Advisory and Transformation Services<\/a> help enterprises and innovative business ventures to focus on Quality Assurance and Testing aspects \u2013 people, tools, and infrastructure across the delivery lifecycle.<\/p>\n