KPMG in India offers a range of quality assurance and software testing services for banking, financial services and insurance industry.
KPMG in India offers a range of quality assurance and software testing services...
Banking, financial services and insurance (BFSI) applications have come a long way since the first adoption of technology by the industry to simplify the computational processes for the industry users. Blockchain, distributed ledger technology, robotic process automation, artificial intelligence (AI) and cognitive opportunities, etc. are the technologies of the future with the power to revolutionise the BFSI industry. Apart from the adoption of technology to improve the serviceability and customer experience, technology adoption is also mandated due to regulatory and compliance requirements demanded by the industry bodies and regulators. MiFID – II norms, BASEL III norms, FATCA withholding norms are good examples where the BFSI industry had to adopt technology to comply with the stringent regulatory requirement.
Some of the major challenges faced by the BFSI industry are:
KPMG India’s offerings for testing BFSI applications
KPMG in India offers a range of quality assurance and software testing services for the banking and financial services industry to help overcome the challenges and constraints faced by the industry. Our range of services for the BFSI industry is as follows:
KPMG India’s service offerings for BFSI domain:
Our past success stories are good examples of our value-added offerings. They also showcases our experience and knowledge generated over time.
BFSI organisations can utilise functional, non-functional testing to address challenges such as the right technology adoption, information security, regulatory compliance, application performance consistency, etc. Some of the potential benefits of application testing is as follows:
For more details on application testing for banking, financial services and insurance industry.
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