Can Scriptless Test Automation boost growth and new innovations for the Banking sector?

1
Can Scriptless Test Automation boost growth and
new innovations for the Banking sector?

• Enabling new innovations by defining a banking
  future state with scriptless test automation for
  sustainable success
• The digital need of the financial sectors is
  growing with the constantly changing markets and
  technological transformations. As a result,
  industries are forced to build operational
  efficiencies by reducing costs and making way
  for new innovations. Therefore, the banking
  sector needs to adopt modern technologies to
  secure the systems and deliver high-quality
  services to customers to compete in this
  demanding environment.
• Test Automation is crucial to accelerate the pace
  of delivery. Companies need a scriptless test
  automation strategy offering unparalleled testing
  precision and certainty while simultaneously
  keeping pace with DevOps to boost productivity.
  Intelligent automation solutions continuously
  improve test performance, functionality, and
  usability of applications or products. Banks have
  to enhance their customer experience across the
  web, mobile, and various platforms in the
  digital race. Maintaining the website with the
  latest terms and conditions in digital banking to
  ensure a superior user experience is key.
  Validating the updates every time is a tedious
  task for testing teams, and that is where
  scriptless strategies arrive to reduce testers
  efforts. Sun Technologies IntelliSWAUT
  validates the application for the latest updates
  quickly and easily by automating the process.
• The need for test automation in the banking
  industry
• The Financial Services sector needs to develop
  modern products and services to meet end-user
  expectations aligned with modern or new
  innovations. It is essential for banking sectors
  to ensure smooth and secure transactions against
  sensitive data daily. A scriptless test
  automation tool is a must for financial
  institutions to verify and test their
  applications.
• Business leaders need to work with innovative
  technologies to enhance application features by
  optimizing costs and resources parallelly. We
  help enterprises create scalable Bank Application
  Testing capabilities with our end-to-end testing
  services, including functional and non-
  functional testing such as automation,
  performance, and mobility testing with our
  scriptless tool IntelliSWAUT.
• A few benefits of scriptless test automation
  tools are as follows
• Enhances quality and minimizes business
  complexity
• Rapid time to market with the automation and
  DevOps integrations
• Strategize standardize test operations
• High Operational efficiency
• Greater test coverage at reduced test execution
  time cost

2
Application leaders must consider RPA and
scriptless tools for improved Test
Automation with new innovations
Enterprises can optimize quality, speed, and
delivery time from code commit to deployment in
production with scriptless test automation. When
imagining Robotic Process Automation, we think
of robots that can talk and walk as voice
assistants and machines that can manage
themselves. Unfortunately, this is not the case.
RPA is often misinterpreted as software and
programs that incorporate Artificial
Intelligence. However, the purpose of RPA is much
more straightforward it substitutes human input
for simple repetitive tasks. These tasks have no
added value and can be automated to save time and
cost. Numerous business departments, including
HR, Operations Management, and Marketing, can
reap the advantages that come from RPA to make
their workflows more efficient and adaptable.
3
Here are some examples of real-world practical
use cases Reading Emails Every department
performs a task each day. It also requires
employees to stop what theyre doing to respond
and forward messages to others. With robot
software, it could read emails, and attachments
and forward emails to the appropriate
departments, thereby reducing the time. Web
page Experiences RPA is an excellent tool for
social media and web pages. RPA is also a great
aid in reading websites or postings on social
media. It is a valuable task to implement online
marketing. If, for instance, you wish to
schedule the publishing of a set of posts, you
could select software that lets you specify the
date and time of publication for the uploaded
content. The process will be carried out in an
automated way. Operational management RPA has
proved to be a significant all-rounder due to the
continuous monitoring of data to aid in the
control of issues in remote areas. For example,
when the software discovers that data is
diverging from the model it was created in, it
will generate an alert immediately sent to the
operator. Typical Pain points of digital banking
sectors The sudden transformation in the banking
habits Online banking has seen an impact on
their user experience during the pandemic.
Because of lockdown restrictions, the popularity
of online banking has increased, and is now at
around 88 of consumers prefer online banking
over going to the bank. With the shift to
digital banking, banks have to ensure they are
up-to-date. Furthermore, as they expand their
online banking and service features, it is up to
the marketers to ensure that their end-users are
informed about their banks entire range of
features and services. The end- users expects
new innovations in their banking applications
which enhances their user experiences with
reduced risks. Solutions to security-related
problems Today, the banking sector has thousands
of networked computers and other connected
devices within its portfolio. Adding cloud,
social and mobile channels to the mix leads to
increased risks. So, maintaining Security on such
a large scale is a challenge. Application
Modernization The shift from outdated and
incompatible old-fashioned banking systems to an
advanced digitally connected world isnt that
easy. This transition will require a significant
upfront investment for the needed procedures,
applications, integrations with other systems,
Security, and maintenance. Additionally, the
employees will need to be
4
continuously trained and up-to-date to make the
most of the value of your investment and get the
maximum benefit from it. If you consider it, due
to the existence of central platforms to monitor
compliance and Security, the latest technology
is safer and more compatible with compliance
standards. This means that youre committed to
the data of your customers and their privacy,
increasing their confidence in your
business. Security of communication
channels Almost half of the bankers believe that
their customers seek social media for any form of
online help or communication. Security of social
media channels must be the top priority. All
communications must be monitored by an automated
monitoring system that detects any infractions
of corporate policy and reduces the risk before
they reach the public. Application Performance
with security is a major concern In case if the
banking portal or mobile application doesnt
function according to plan, unhappy customers
will not hesitate to switch to other banks.
Therefore, keeping track of fluctuations in
transactions and performing load and stress tests
to make sure you can manage multiple
transactions at any given time is mandatory. How
IntelliSWAUT helps address all the
challenges? IntelliSWAUT helps reduce testing
time and improves the productivity of testers by
removing the hassle of creating test scripts
manually. With our AI-powered, scriptless test
automation tool, you can automate your mobile,
web apps, functional, and API services
today! Below are a few of the benefits of
IntelliSWAUT No technical complexity
Incorporates smart frameworks that remove
additional costs. It results from an increased
maintenance effort for scripts. The technical
obligation that comes with scripts is thus
eliminated. Reduces the automation time The
faster you can automate your process, the quicker
you get the desired results. By using
IntelliSWAUT, the testing team can automate
extensive tests quickly. As a result, the speed
of the delivery and the time to go to market is
rapidly increased. Additionally, it minimizes
the amount of time needed to automate. This helps
to detect early bugs in the software development
cycle. Efficient collaboration It provides
efficient communication between technical
experts. As a result, it is easier for
functional analysts and business analysts to
discuss and analyze the test case. Rapid design
of scripts and development The Simple testing
design, and the intuitive user interface allow
quick tests for development.
5
Conclusion CIOs at banks prefer transformation
projects and projects that are of immediate
relevance to business. While they typically
monitor and report on the performance of their IT
or technology initiatives, they should focus
mainly on the business results and the benefits
they bring to the company. Scriptless test
automation tools in banking and predictive
analytics will ensure the quality of user
experience by matching user needs on a deeper
level and giving space for more innovation.
Efficient scriptless test automation tools such
as IntelliSWAUT boosts the innovation of the
banking sector by reducing the testing time
considerably. To achieve the successful results
of digital transformation initiatives banks
should consider using the perfect scriptless
tool in the digital ecosystem. Banking
applications need utmost care because they are
directly connected to customers and involve
thousands of transactions. Thus, quality
assurance is essential, and performing software
testing like load testing, performance testing,
usability testing, security testing, and
functional testing is mandatory to ensure that
there are no bugs. In addition, it helps with the
application functionalities and
efficiency. Working together with Sun
Technologies QA experts will help you reap the
benefits of QA with our all-in-one scriptless
test automation tool IntelliSWAUT and QA
CoE. If you are looking out for an exceptional
competitive advantage in the new age, talk to
us! With the power of IntelliSWAUT, we can help
you turn your business into a top-notch
financial organization with a better user
experience, resulting in long-term customer
loyalty. Break the bias and build new innovations!