Hexaware Technologies, a global provider of IT, BPO and consulting services, has partnered with the Validata Group, a provider of lifecycle management (ALM) solutions for the banking and finance sector, to provide Test Factory services for banking customers globally.

Hexaware’s quality assurance and testing services (QATS) division will work with Validata Group to deliver Validata SAS Test Factory – a quality management (QM) model that covers quality assurance (QA) and quality control (QC).

The joint offering increases the choice for customers providing them more control after project delivery and will enable customers to have a better predictability over IT expenditure, simplified planning and reduce costs.

The Validata Group along with the 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 related to a managed service for Single Euro Payments Area (SEPA), Society for Worldwide Interbank Financial Telecommunication (SWIFT), Anti-Money Laundering (AML), compliance testing, etc.

Uday Reddy, head of banking and financial services at Hexaware Technologies, said: “Equipped with a full range of standardized quality assurance frameworks and methodologies, the Test Factory 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.”

Vaios Vaitsis, CEO of Validata Group, said: “Validata SAS Test Factory 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 Factory 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. By making use of these partnerships, we plan to develop and strengthen our presence even further in Europe, Middle East and Asia.”