SQS Software Quality Systems AG (AIM: SQS.L, Open Market: ISIN DE0005493514) will, in the future, carry out software and system integration tests for Deutsche Bank.
A contract for this activity has been signed, for a term of three and a half years. As a strategic partner for software testing, SQS will primarily be conducting system integration tests for Deutsche Bank.
To be specific, SQS will take on the testing of business applications for Deutsche Bank in Germany and Switzerland. This task will include the management, design and execution of tests, and the documentation thereof. For the purpose of best practices, SQS will first standardise, integrate, and systemise the required test processes. The chosen pricing model is structured in a strictly performance-oriented manner.
"We are very pleased about our classification as a strategic partner of Deutsche Bank for software testing" comments Reto Züst, CEO of SQS AG for Central Europe and the Middle East, on the subject of the agreement. "We will be providing these testing services as managed services. This proves that the corporate strategy of SQS is on the right path and that the focused activities of the Managed Testing Services area are currently - as planned - the strongest driver of growth for SQS. Through Managed Testing Services, SQS can reduce test costs, increase system quality and enable the further industrialisation of software production."