Financial Services

The increasing regulatory requirements, raising customer expectations, rapid consolidation and convergence in the banking and finance sector has created the need for sophisticated IT solutions that operate in real time with continuous availability and reliability.

In a drive to give operational excellence, which is of paramount importance, the banking and finance sector is looking for solutions that could address the challenges they are facing:

• Implementing more rigor within risk management and corporate governance from board level downwards
• Building on opportunities from market concentration and globalization
• Focusing on the need to gain operational synergies from mergers and acquisitions
• Responding to regulatory and government changes and leveraging these changes to provide business opportunity

• Improving customer service and retention of customers
• Reducing operating costs across both the business and IT
• Implementing technological changes such as Vista and SOA based solutions

The technological advancements, intent to address these challenges, need to be sophisticated, hence the need for a formal quality management and testing approach which will help them deliver enhanced business value with optimized benefits, and above all a defect free solution.

AppLabs' quality management and testing services utilize its many years of banking and finance experience across the globe to support clients who view technology as a business enabler and see the importance of getting implementation right first time. Integration of large, widely distributed systems is more and more complex and AppLabs services are designed to identify and manage these effectively, hence delivering result-oriented and cost-effective services.