Hexaware Technologies, a global provider of IT, BPO and consulting services, today announced a partnership with the Validata Group, a leader in world class Application Lifecycle Management (ALM) solutions for the Banking and Finance Sector.
Hexaware's Quality Assurance and Testing Services (QATS) division will work with Validata Group to deliver Validata SAS Test Factory - a unique Quality Management (QM) model that covers Quality Assurance (QA) and Quality Control (QC). This joint offering increases the choice for customers providing them more control over successful project delivery and will enable customers to have a better predictability over IT expenditure, simplified planning and reduce costs.
Customers are under constant pressure to reduce costs on IT applications at the same time maintain high quality assurance. Banks across the world are focusing on replacing their legacy core banking applications with the latest systems that can enable them to put in place a customer centric approach, that can not only strengthen relationships, but also lead to increasing customer profitability. Given the current market conditions, more and more such banks are actively looking at partners and solutions that can reduce overall implementation time and cost as well as help them gain a lead in the market.
Uday Reddy, Head of Banking and Financial Services, Hexaware Technologies, said, "Validata's reputation in the banking and finance sector made them our obvious choice for a partner. Test FactoryTM is proving to be the model of choice for client engagements globally. Equipped with a full range of standardized quality assurance frameworks and methodologies, the Test FactoryTM modular solution enables Hexaware to deliver solutions on demand and the scale to meet customers' needs across diverse technologies adopted by banking clients worldwide. This solution will enable us service our customers by helping in accelerated implementation and testing of deployments.
"Today, Hexaware's Centre of Excellence (CoE) for Banking offers end to end services from strategic consulting, integration with local customizations to maintenance and support, integration upgrades and specialized testing services," added Mr. Reddy.
The Validata Group along with Hexaware team will offer services involving the outsourcing and hosting of the QA solution in secured Active Server Pages (ASP) mode and an exhaustive offer of services. This service will also be available on 'pay-per-use' model.
Vaios Vaitsis, CEO of Validata Group, said, "Validata SAS Test FactoryTM draws together world class services, a fully integrated ALM platform for the Banking and Finance sector, ready Business Accelerators, best practices and is thus unique to the industry. It enables the testing process to be initiated immediately enhancing operational efficiency and an instant time to market. The Test FactoryTM offers the customer a level of confidence in the Quality Assurance which means they can concentrate on delivering their core competence, while we deliver on ours."
The three key factors which differentiate Validata Group include the modular software solution that is based on SOA architecture, the model driven requirements and testing approach and the team of partners with a keen sense of client relations.
"By making use of these partnerships, we plan to develop and strengthen our presence even further in Europe, Middle East and Asia," added Mr. Vaitsis.