QESTIT quality assurance services and cybersecurity services for financial institutions — banking software testing and compliance
Financial Services & Banking

Our variety of services for financial institutions

We support financial services organisations with enterprise software testing and cybersecurity services, ensuring compliance, security, and performance through tailored QA, automation, and testing expertise across the SDLC. 

Our Service Portfolio

We provide a comprehensive suite of Software Testing and Quality Assurance services designed to meet the rigorous demands of modern finance.

Business Analysis
Manual & Functional Testing
Performance Testing
Test Automation
Data Migration
SDLC Maturity Assessment
AI-Powered Testing
Cybersecurity Testing
Business Analysis
Business Analysis
Manual & Functional Testing
Performance Testing
Test Automation
Data Migration
SDLC Maturity Assessment
AI-Powered Testing
Cybersecurity Testing
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Business Analysis

We bridge the gap between business needs and technical execution, ensuring every requirement is clearly defined and testable.

  • Elicitation, analysis, and documentation of business requirements.

  • Creation of use cases, user stories, and acceptance criteria.

  • Facilitation of workshops with business units and stakeholders.

  • Support in prioritization and structuring of requirements.

  • Traceability and change management of requirements.

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Manual & Functional Testing

Comprehensive test coverage ensuring your financial applications work flawlessly across all scenarios.

  • Test analysis and design of manual test cases based on requirements.

  • Documentation and tracking of defects using industry standard tools.

  • Execution of smoke, regression, and exploratory testing.

  • Support of UAT in collaboration with business units.

  • Test & Defect Management.

  • Define acceptance criteria and edge cases upfront.
  • Clarify requirements to make stories testable.
  • Estimate testing effort alongside development.
  • Continuously review code and test coverage.
  • Confirm feature readiness within the sprint.
  • Execute test cases against acceptance criteria.
  • API Testing.

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Performance Testing

Ensure your banking systems handle peak loads and deliver consistent response times under pressure.

  • Development of performance test plan, objectives and SLAs.

  • Simulation of load models based on usage analysis.

  • Monitoring of performance metrics in production-like environments.

  • Identification of use cases and preparation of test scripts.

  • Execution of load, stress, and endurance tests.

  • Identification of bottlenecks and provision of actionable recommendations.

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Test Automation

Accelerate your testing cycles with robust automation frameworks tailored for financial applications.

  • Use of proven automation frameworks (Behaviour, Keyword, Data-Driven & Hybrid).

  • Use page object model.
  • Test case automation (Design, Build, Maintain, Execute).
  • Integration of automated tests into CI/CD pipelines.

  • Calculation of automation ROI.
  • Evaluation & selection of suitable test automation tools.

  • Design, implementation, and customization of automation frameworks.

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Data Migration

Guarantee data integrity and accuracy during complex banking system migrations.

  • Verify accuracy & completeness of migrated data.

  • Validate data mapping, transformation, and business rules.
  • Detect data loss, duplication, & corruption.

  • Confirm system functionality and reporting post-migration.
  • Preparation and execution of data migration test scripts.

  • Execution of test scripts during data migration mocks & reporting of results.

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SDLC Maturity Assessment

Evaluate and optimize your software development lifecycle for maximum quality and efficiency.

  • Assess current SDLC processes, tools, and practices.

  • Identify gaps, risks, and improvement areas.
  • Measure maturity against industry best practices.

  • Define a clear, actionable improvement roadmap.
  • Support continuous improvement and delivery excellence.

  • Implementation of the improvement road map.

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AI-Powered Testing

Leverage artificial intelligence to enhance test coverage, speed, and defect detection.

  • Evaluation and implementation of AI technologies within the testing lifecycle.

  • Utilization of in-house AI framework for test case generation and optimization.
  • Reduce automated test maintenance effort via self-healing test scripts.

  • Improve defect detection through intelligent analytics and pattern recognition.
  • Risk-based test prioritization driven by AI insights.

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Cybersecurity Testing

Protect your financial systems with thorough security testing and vulnerability assessments.

  • Conduct network survey & study of the infrastructure.

  • Utilize automated & manual tools.
  • Conduct penetration testing & vulnerability scanning (Website & Applications).

  • Identification and reporting of vulnerabilities, threats, and security weaknesses.
  • Ensure compliance with security standards and regulatory requirements.

  • Implement SAST to DAST.
  • Secure code review.

Banking Landscape Expertise

End-to-end QA across every layer of the banking technology stack, from channels to core systems, connected through Middleware, Microservices, ESB & API Gateways.

Channels
Enterprise & Support Systems
Core Banking & Transaction Systems
Risk, Compliance & Regulatory
Channels
Channels
Enterprise & Support Systems
Core Banking & Transaction Systems
Risk, Compliance & Regulatory
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Channels

  • Internet Banking
    Web-based portals for retail and corporate customers
  • Mobile Banking
    Native and hybrid mobile applications for on-the-go banking
  • Wealth Management
    Advisory platforms and portfolio management tools
  • Corporate IB
    Corporate internet banking for treasury and payments
  • Corporate MB
    Mobile solutions for corporate banking operations
  • Digital Onboarding
    KYC-compliant customer registration and verification flows
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Enterprise & Support Systems

  • ERP
    Enterprise resource planning for finance and operations
  • CRM
    Customer relationship management and engagement platforms
  • BPM
    Business process management and workflow automation
  • Document Management System
    Digital document storage, retrieval, and compliance archival
  • SMS Gateway
    Transactional and OTP messaging infrastructure
  • Archiving System
    Long-term data retention for regulatory compliance
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Core Banking & Transaction Systems

  • Core Banking System
    Central ledger and account management engine
  • Card Management System
    Issuance, lifecycle, and fraud controls for card products
  • Switch
    Transaction routing and payment network switching
  • Loan Origination System
    End-to-end lending workflow from application to disbursement
  • Trade Finance System
    Letters of credit, guarantees, and trade documentation
  • Treasury System
    Liquidity management, FX, and money market operations
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Risk, Compliance & Regulatory

  • AML
    Anti-money laundering screening and transaction monitoring
  • I-Score
    Credit scoring and risk assessment integrations
  • FATCA/CRS Reporting
    Cross-border tax compliance and automatic reporting
  • Risk Management System
    Enterprise risk identification, assessment, and mitigation
  • Fraud Detection System
    Real-time fraud analytics and alerting engines
  • Regulatory Reporting
    Automated submissions to central banks and regulators

Experience Banking Products

Deep hands-on experience with leading banking platforms and technologies.

Core Banking

  • Temenos T24
  • FiServ Core Banking
  • Infosys Finacle
  • Oracle Flexcube
  • Avaloq Core Platform
  • TCS BaNCS
  • SOPRA Amplitude
  • ITS Ethix

Digital Banking

  • CR2
  • BankWorld
  • Finastra FBCC
  • Temenos Infinity
  • Finacle Internet / Mobile Banking
  • Oracle ODBX

Treasury & Trading

  • Murex MXGO
  • FIS Quantom
  • Temenos Treasury Trader
  • Oracle Treasury Management
  • Finastra FBTI

Switch & Card Mgmt

  • Euronet IST Switch
  • Compass Plus Cortex
  • HPS Powercard
  • FIS Vision Plus
  • Smartvista BPC Banking Technologies

BPM & CRM

  • Pega Systems BPM
  • Oracle Siebel CRM
  • IBM BPM
  • Salesforce CRM
  • Microsoft Dynamics 365 CRM
  • SAP CRM
  • Pega CRM

ERP

  • Oracle ERP
  • SAP S/4HANA
  • Microsoft Dynamics 365 Finance & Operations

Others

  • IBM ESB
  • Finacle Loan Origination
  • Oracle HRMS
  • Oracle OFSA
  • Temenos Payment Hub
  • Temenos Triple A Plus
  • Oracle Siebel Loan Origination
  • IBM BPM Loan Origination

Proven Track Record

We are the trusted QA partner for Europe’s most prominent financial institutions and fintech disruptors, including: 

Financial Services Q&A

Common questions about QA in the financial sector.

What Cybersecurity services does QESTIT deliver to help banks ensure security and compliance?

QESTIT delivers comprehensive Cybersecurity services for financial institutions including penetration testing services, application security testing, cybersecurity audit, security risk assessment, and security architecture consulting, SAST and DAST implementation and secure code review all aligned with PCI-DSS, DORA, and GDPR requirements.

How does QESTIT support SAP migration for financial services?

We provide end-to-end SAP migration testing including SAP S/4HANA testing, SAP test automation and SAP quality assurance to ensure data integrity, system reliability, and zero-disruption transitions for banking and financial systems.

What testing methodologies does QESTIT use for banking applications?

Our quality assurance services for financial institutions include risk-based testing, performance testing, automated regression testing, integration testing, and functional testing , combined with CI/CD test integration and continuous testing,data reconciliation testing and AI powered testing for faster, safer releases.

The challenges financial institutions face

Industry-specific expertise for financial services.

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Regulatory Compliance

Navigating PCI-DSS, DORA, GDPR, SOX, MA-RISK, and Basel III requirements across multiple jurisdictions.

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Digital Transformation

Modernize legacy systems without disruption

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Customer Experience

Deliver seamless digital banking experiences

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Risk Management

Identify and mitigate operational risks

Transform Your Financial Operations

Get a tailored QA strategy for your financial institution.