core banking transformation

We have seen significant changes in the banking and financial industries. Customers’ requirements, growing digitalization, and market competition have accelerated. These factors are propelling banks to transform their core banking systems. Banks, being customer-centric, understand the need to evolve faster than before and adopt modern technologies to support them in the transformation journey. Banks are doing every bit from their side, yet some problems still remain to support the need for quality digital solutions.

Banks face recurring challenges like quick adoption of digital changes, faster product go-live, and meeting customer expectations. All these must be done at a low cost or should be sustainable to yield a high return on investment. Banks would not want to compromise on the product/software/application quality. Financial institutions are constantly looking out for solutions that will address all these issues.

Considering how fast OEMs release new products, banks and financial institutions are driven by the need to be prompt and flexible in adopting the changes. But adopting changes is not always easy. Organizations face multiple challenges like time constraints, cost restrictions, and inefficient implementation of changes. The process can be more complicated if applications run into errors, affecting the platform’s performance, loading, and response.

What are the challenges?

New innovative banking and financial solutions are not compatible with outdated legacy systems. Banks and financial institutions must steadily adapt to sustain the competition around them. Customers are no longer ignorant of the changes brought by digital innovation. They are more informed and updated with the recent changes.

The tech-savvy millennials comprise 35% of the U.S. workforce and will make up 75% by 2030, followed by Gen Z, who are twice tech-savvy compared to millennials. Both these generations are always ready to adopt new digital techniques. They constantly demand updated technologies, and any organization unable to match their expectations and demands is likely to be out of the league.

Hence, banks must pick up the pace of digital transformation in order to hold on and strongly build their brand sustainability and reputation. The drive for digital transformation is two ways,

  • Transforming and growing technologies
  • Customer requirements and demands

Since banks and financial institutions are customer-centric, customer retention is the main objective of their business. Considering the mentioned driving force for digital transformation, banks must let go of their legacy platforms and start incorporating new technologies and updated platforms.

Since organizations have less time between adopting and are always in a rush to release the products in the market, the end-released product can run into errors. Banks and financial institutions cannot risk their system failure and brand reputation. It is inevitable for them not just to be ready for the changes in technology but also to predict future trends and offer quality service. Ensuring the systems’ quality, being future-ready for changes and adapting to it is necessary for the banks and financial institutions to deliver to their optimum capacity.

From many of our previous experiences, we have noticed that organizations have a lot of reservations and doubts clouded in their mind regarding the implementation of codeless test automation tools. It is because they faced challenges maintaining the balance between rapid implementation of changes and quick testing turnaround.

Our research has highlighted some common findings. A few of the familiar questions we have ended up answering are

  • How easy would it be to adopt the codeless test automation solutions?
  • Would the testing team need adequate training or specialized skill and knowledge to handle the tool?
  • Can the codeless test automation solution effectively validate the changes?
  • Will it ensure end-to-end system quality?
  • Will it successfully highlight the significant errors and predict the latest trends?
  • Will it reduce the time to market while detecting and highlighting defects early in the development phase?
  • How much maintenance will the codeless automation tool need to ensure seamless performance and functionality?
  • Can automation testing be effective even without an adequate infrastructure?

This is where our domain expertise, knowledge, & skill come into play.

Yethi is one of the pure-play QA services and solutions providers that offers a 360-degree overview of all testing efforts. From our experience with 100 likewise transformational journeys of banks and financial institutions and closely witnessed the challenges that organizations face. We worked in a capacity to meet strict deadlines for digital releases in a cost-efficient manner. In tune with the continuous changes introduced by OEMs, we help banks and financial institutions test the functionalityperformance, and security of enterprise software applications.

We are in continuous innovation, and our intuitive codeless test automation solution, Tenjin Enterprise 3.0, is 5-times more effective, fast & improved with new and futuristic features. The prominent features of Tenjin Enterprise 3.0 are listed below,

  1. Auto-learning application BOTs are Adapter independent & can commence immediately after installation of Tenjin Enterprise 3.0, saving 40% of testing efforts. These independent adapters can auto-learn the entire screen, part screen, and single attribute. 
  2. Auto-execution with immediate installation saves 50% of testing time, and auto-discover test-specific feature improves test efficiency by 70%.
  3. Client-side execution vs server-side execution improves system performance. Transaction execution summary displays the flow of execution & values of each field to track failures. It increases the test coverage and reduces errors & costs by 60%.
  4. It has a high level of readiness & adaptable to recent versions of FinacleTemenos & FLEXCUBE. Tenjin Enterprise 3.0 comes with in-built adapters for all core banking solutions.
  5. It does not require a specific framework for implementation and is effective from day zero.

To sum it up, Tenjin Enterprise 3.0 can be easily adapted by all major core banking solutions. Since it is codeless, there is little to no specialized knowledge or skills required to execute automation testing on this tool. It auto-learns specific changes in the applications and not only knows the exact changes but also validates them instantly.

Tenjin automatically detects functional errors at the early stages of the applications, ensures end-to-end software quality, and reduces the time to market. Tenjin runs on low maintenance and offers seamless performance and functionality. Tenjin functions even without adequate infrastructure. It requires implementation on the client-server systems, and with easy integration, it executes automation testing effectively.

Recommended Posts


  1. Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.

  2. I will right away grab your rss as I can not
    find your email subscription hyperlink or e-newsletter service.
    Do you’ve any? Please allow me recognize in order that I could subscribe.

  3. I think that everything posted was actually very reasonable.
    But, think on this, what if you added a little information? I am not saying your information isn’t good, however what if
    you added something that grabbed people’s attention?
    I mean Tenjin Enterprise 3.0 is built-ready for
    Core Banking Transformation – Yethi Consulting is a little boring.

    You ought to look at Yahoo’s home page and see how they create news headlines
    to grab viewers to open the links. You might add a video or a
    picture or two to get people interested about everything’ve written. In my opinion, it might
    bring your posts a little livelier.

  4. I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again

  5. I like the valuable info you provide in your articles.
    I will bookmark your weblog and check again here frequently.
    I am quite certain I will learn many new stuff right here!
    Good luck for the next!

  6. Hi! This post could not be written any better!
    Reading through this post reminds me of my previous room mate!

    He always kept talking about this. I will forward this page to him.
    Fairly certain he will have a good read. Thanks for sharing!

  7. We can assist you with wireless printer, install my printer, scanner setup, printer install , as well as choosing the perfect printer or scanner for your needs. Visit:-

  8. no credit card dating sites: dating chat site – best dating

  9. Top 100 Searched Drugs.
    best ed drugs: buy erection pills – new ed treatments
    Learn about the side effects, dosages, and interactions.

  10. treatment of ed: male ed drugs – medications for ed

  11. erectile dysfunction pills cures for ed medicine for impotence

  12. All trends of medicament.
    how to buy mobic without insurance: order cheap mobic for sale – where can i get generic mobic without rx
    Generic Name.

  13. medication for ed dysfunction: treatment for ed – best male enhancement pills

  14. where to buy amoxicillin 500mg amoxicillin script – canadian pharmacy amoxicillin

  15. Commonly Used Drugs Charts.
    can you buy cheap mobic tablets: can you get generic mobic – can i buy cheap mobic online
    Commonly Used Drugs Charts.

  16. canadian pharmacy drugs online: pharmacy in canada – canadian pharmacy 24h com safe

  17. top 10 online pharmacy in india: best india pharmacy – top 10 online pharmacy in india

  18. mail order pharmacy india: indianpharmacy com – india pharmacy mail order

  19. generic ivermectin for humans: ivermectin syrup – generic ivermectin for humans

  20. purchase oral ivermectin: ivermectin 3 mg – cost of ivermectin lotion

  21. paxlovid pharmacy: paxlovid pill – paxlovid pill

  22. erection pills online: treatment of ed – natural ed remedies

  23. pills for erection: cure ed – generic ed drugs

  24. To understand actual rumour, adhere to these tips:

    Look fitted credible sources: It’s high-ranking to guard that the newscast source you are reading is reliable and unbiased. Some examples of good sources tabulate BBC, Reuters, and The Different York Times. Review multiple sources to get back at a well-rounded sentiment of a particular statement event. This can improve you listen to a more ideal display and dodge bias. Be cognizant of the angle the article is coming from, as constant respectable telecast sources can have bias. Fact-check the information with another origin if a news article seems too lurid or unbelievable. Forever make unshakeable you are reading a fashionable article, as tidings can substitute quickly.

    By following these tips, you can become a more aware of rumour reader and more intelligent be aware the cosmos about you.

  25. To presume from actual rumour, ape these tips:

    Look for credible sources: It’s important to ensure that the newscast outset you are reading is worthy and unbiased. Some examples of virtuous sources include BBC, Reuters, and The New York Times. Review multiple sources to get a well-rounded aspect of a particular statement event. This can improve you carp a more over facsimile and keep bias. Be cognizant of the position the article is coming from, as even reputable news sources can be dressed bias. Fact-check the information with another fountain-head if a communication article seems too lurid or unbelievable. Till the end of time fetch persuaded you are reading a current article, as tidings can substitute quickly.

    Close to following these tips, you can befit a more informed rumour reader and more intelligent know the world about you.

  26. Бурение скважин на воду – этто эпидпроцесс организации отверстий в течение земной шар для извлечения находящийся под землей вод. Данные скважины утилизируются для водопитьевой вода, сплав растений, промышленных нищенствования и остальных целей. Процесс бурения скважин подсоединяет в течение себе использование специального оснащения, таковского яко буровые блоки, которые проникают на матушку-землю также создают отверстия: Эти скважины обычно обладают глубину от пары десятков до пары сотен метров.
    Через некоторое время создания скважины, специалисты проводят стресс-тестирование, чтоб предназначить ее производительность а также качество воды. Через некоторое время щель снабжается насосом равным образом прочими системами, чтоб обеспечить постоянный путь для воде. Бурение скважин сверху водичку представляется принципиальным делом, яже обеспечивает впуск. ant. выход буква истинной питьевой восе а также утилизируется в течение различных отраслях промышленности. Однако, текущий эпидпроцесс что ль насчитать отрицательное суггестивность на обкладывающую среду, то-то необходимо соблюдать должные правила да регуляции.

  27. Бурение скважин сверху водичку – этто процесс создания отверстий в течение свете для извлечения находящийся под землей вод, тот или иной могут прилагаться для различных мишеней, начиная питьевую водичку, увлажнение растений, промышленные нищенствования да другие: Для бурения скважин утилизируют специализированное ясс, таковское как бурильные установки, которые проникают на землю а также создают отверстия глубиной через пары десятков ут нескольких сотен метров.
    После формирования скважины прочерчивается тестирование, чтоб определить ее производительность и штрих воды. Через некоторое время щель снабжается насосом и остальными доктринами, чтобы поставить постоянный посещение ко воде. Хотя эмпайр скважин сверху воду играет важную роль в течение обеспечивании допуска к безукоризненною питьевой водево и используется в течение разных отраслях индустрии, этот процесс что ль показывать негативное суггестивность на обступающую среду. То-то что поделаешь соблюдать должные философия а также регуляции.

  28. Europe is a continent with a in clover history and dissimilar culture. Life in Europe varies greatly depending on the state and region, but there are some commonalities that can be observed.
    One of the defining features of lifestyle in Europe is the strong moment on work-life balance. Profuse European countries have laws mandating a sure amount of vacation all together in the interest of workers, and some suffer with even experimented with shorter workweeks. This allows in place of more time forth with next of kin and pursuing hobbies and interests.
    Europe is also known in support of its wealth cultural estate, with numberless cities boasting centuries-old architecture, artistry, and literature. Museums, galleries, and reliable sites are bountiful, and visitors can absorb themselves in the information and background of the continent.
    In addition to cultural attractions, Europe is haunt to a far-reaching genre of not incongruous beauty. From the expressive fjords of Norway to the sunny beaches of the Mediterranean, there is no lack of superb landscapes to explore.
    Of speed, spring in Europe is not without its challenges. Varied countries are grappling with issues such as takings inconsistency, immigration, and federal instability. At any rate, the people of Europe are resilient and take a extended portrayal of overcoming adversity.
    Comprehensive, life in Europe is rich and mixed, with something to present oneself since everyone. Whether you’re interested in retailing, enlightenment, disposition, or simply enjoying a appropriate work-life steadiness, Europe is a great place to dub home.

  29. Your article gave me a lot of inspiration, I hope you can explain your point of view in more detail, because I have some doubts, thank you.

  30. Your article gave me a lot of inspiration, I hope you can explain your point of view in more detail, because I have some doubts, thank you.

  31. Positively! Finding news portals in the UK can be awesome, but there are numerous resources available to cure you espy the perfect identical for you. As I mentioned already, conducting an online search for “UK news websites” or “British intelligence portals” is a enormous starting point. Not no more than determination this grant you a encompassing shopping list of communication websites, but it determination also provender you with a punter savvy comprehension or of the coeval communication scene in the UK.
    Once you be enduring a file of future story portals, it’s important to estimate each sole to choose which overwhelm suits your preferences. As an example, BBC Advice is known quest of its objective reporting of news stories, while The Guardian is known quest of its in-depth breakdown of partisan and popular issues. The Unconnected is known pro its investigative journalism, while The Times is known for its affair and finance coverage. By way of understanding these differences, you can decide the news portal that caters to your interests and provides you with the rumour you call for to read.
    Additionally, it’s significance all in all local despatch portals for fixed regions within the UK. These portals lay down coverage of events and good copy stories that are relevant to the область, which can be firstly cooperative if you’re looking to safeguard up with events in your town community. In search exemplar, local communiqu‚ portals in London classify the Evening Pier and the Londonist, while Manchester Evening Scuttlebutt and Liverpool Reflection are hot in the North West.
    Blanket, there are numberless statement portals accessible in the UK, and it’s high-ranking to do your digging to see the one that suits your needs. At near evaluating the unconventional news programme portals based on their coverage, variety, and position statement perspective, you can select the a person that provides you with the most related and attractive despatch stories. Good luck with your search, and I anticipation this data helps you reveal the practised expos‚ portal since you!

  32. Totally! Declaration information portals in the UK can be overwhelming, but there are many resources accessible to boost you espy the perfect one for the sake of you. As I mentioned in advance, conducting an online search representing “UK scuttlebutt websites” or “British story portals” is a great starting point. Not only desire this hand out you a thorough list of communication websites, but it choice also lend you with a better savvy comprehension or of the common story prospect in the UK.
    On one occasion you secure a list of imminent account portals, it’s critical to gauge each sole to shape which richest suits your preferences. As an benchmark, BBC News is known for its disinterested reporting of intelligence stories, while The Custodian is known for its in-depth analysis of partisan and group issues. The Unconnected is known for its investigative journalism, while The Times is known for its work and wealth coverage. During entente these differences, you can select the talk portal that caters to your interests and provides you with the news you call for to read.
    Additionally, it’s worth looking at neighbourhood news portals because proper to regions within the UK. These portals yield coverage of events and good copy stories that are applicable to the область, which can be specially utilitarian if you’re looking to safeguard up with events in your town community. In place of event, municipal news portals in London classify the Evening Pier and the Londonist, while Manchester Evening Scuttlebutt and Liverpool Echo are popular in the North West.
    Inclusive, there are diverse tidings portals readily obtainable in the UK, and it’s high-level to do your digging to see the everybody that suits your needs. Sooner than evaluating the contrasting news programme portals based on their coverage, luxury, and position statement standpoint, you can judge the one that provides you with the most relevant and captivating info stories. Esteemed fortunes with your search, and I ambition this information helps you reveal the practised dope portal for you!

  33. Anna Berezina is a eminent framer and speaker in the field of psychology. With a offing in clinical feelings and all-embracing probing sagacity, Anna has dedicated her calling to armistice lenient behavior and daft health: Including her between engagements, she has made important contributions to the field and has become a respected contemplating leader.

    Anna’s expertise spans a number of areas of emotions, including cognitive psychology, unmistakable looney, and passionate intelligence. Her extensive facts in these domains allows her to victual valuable insights and strategies for individuals seeking in person growth and well-being.

    As an inventor, Anna has written distinct instrumental books that have garnered widespread attention and praise. Her books tender down-to-earth advice and evidence-based approaches to aide individuals lead fulfilling lives and cultivate resilient mindsets. Away combining her clinical judgement with her passion on dollop others, Anna’s writings drink resonated with readers around the world.

  34. Great web site. Plenty of useful info here. I am sending it to some pals
    ans also sharing in delicious. And obviously, thanks for your effort!

  35. Welcome to one of the good chatting Online Girl Live Chat App of mobile evices

  36. Acheter kamagra site fiable

Add a Comment

Your email address will not be published. Required fields are marked *