Parasoft Sponsors QA Financial Event in New York
May 11, 2023

Parasoft is expanding its presence in the financial software testing space with its service virtualization solution, which delivers significant risk and cost reduction to financial services organizations by optimizing application testing. This is crucial for businesses such as insurance companies and credit unions that want to deliver high-quality applications to their users and achieve business goals.

To showcase the benefits of service virtualization, Parasoft is sponsoring the QA Financial event in New York on May 24, 2023. The event will feature a panel session, “How to Deliver Software On Time & Under Budget With Service Virtualization,” with the following experts who will share software testing strategies to achieve testing and delivery goals using service virtualization.

■ Roya Montazeri, Senior Director of Quality at Cox Automotive

■ Rolando Martinez, Software Engineer at FIS

■ Matthew Crabbe, CEO at QA Media

■ Kenny Austin, Chief Customer Officer at Parasoft

Implementing service virtualization for financial software testing is especially important in today’s competitive landscape where failing to deliver high-quality applications can result in lost business.

Cox Automotive offers a variety of financial services for the automotive industry, including Dealertrack, which handles retail transactions for vehicle financing and contracting.

“Virtualization was the best thing that could happen to us in the way that it enables us to test the right thing at the right time. We already had many automation tools and could have some ability to mimic component behavior, but it wasn’t what we needed. We needed our virtualization services fast, because our problem was here and now, right in our lap,” said Roya Montazeri.

Download the Cox Automotive case study to learn more about how service virtualization helps drive down defects with end-to-end testing.


The Parasoft Continuous Quality Platform supports the end-to-end testing needs of many industries, including financial services, and provides superior mocking of APIs and virtualizing of a broad range of message behaviors. In The Forrester Wave™: Continuous Automation Testing Platforms, Q4 2022 report, Parasoft was named a leader for the creation and execution of API tests integrated with service virtualization.

Forrester Vice President and Principal Analyst Diego Lo Giudice wrote, “Organizations from any market can partner with Parasoft, but technical scientific and high-compliance markets will find the ideal platform for their use cases. Parasoft is already present in these markets and in the large-logo financial technology market.”

Download the Forrester Wave report excerpt on the assessment of Parasoft’s solution to learn more.

Parasoft also announced the fourth annual virtual Automated Software Testing and Quality (ASTQ) Summit, taking place on May 16, 2023.


Share this

Industry News

May 02, 2024

Parasoft announces the opening of its new office in Northeast Ohio.

May 02, 2024

Postman released v11, a significant update that speeds up development by reducing collaboration friction on APIs.

May 02, 2024

Sysdig announced the launch of the company’s Runtime Insights Partner Ecosystem, recognizing the leading security solutions that combine with Sysdig to help customers prioritize and respond to critical security risks.

May 02, 2024

Nokod Security announced the general availability of the Nokod Security Platform.

May 02, 2024

Drata has acquired oak9, a cloud native security platform, and released a new capability in beta to seamlessly bring continuous compliance into the software development lifecycle.

May 01, 2024

Amazon Web Services (AWS) announced the general availability of Amazon Q, a generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data.

May 01, 2024

Red Hat announced the general availability of Red Hat Enterprise Linux 9.4, the latest version of the enterprise Linux platform.

May 01, 2024

ActiveState unveiled Get Current, Stay Current (GCSC) – a continuous code refactoring service that deals with breaking changes so enterprises can stay current with the pace of open source.

May 01, 2024

Lineaje released Open-Source Manager (OSM), a solution to bring transparency to open-source software components in applications and proactively manage and mitigate associated risks.

May 01, 2024

Synopsys announced the availability of Polaris Assist, an AI-powered application security assistant on the Synopsys Polaris Software Integrity Platform®.

April 30, 2024

Backslash Security announced the findings of its GPT-4 developer simulation exercise, designed and conducted by the Backslash Research Team, to identify security issues associated with LLM-generated code. The Backslash platform offers several core capabilities that address growing security concerns around AI-generated code, including open source code reachability analysis and phantom package visibility capabilities.

April 30, 2024

Azul announced that Azul Intelligence Cloud, Azul’s cloud analytics solution -- which provides actionable intelligence from production Java runtime data to dramatically boost developer productivity -- now supports Oracle JDK and any OpenJDK-based JVM (Java Virtual Machine) from any vendor or distribution.

April 30, 2024

F5 announced new security offerings: F5 Distributed Cloud Services Web Application Scanning, BIG-IP Next Web Application Firewall (WAF), and NGINX App Protect for open source deployments.

April 29, 2024

Code Intelligence announced a new feature to CI Sense, a scalable fuzzing platform for continuous testing.

April 29, 2024

WSO2 is adding new capabilities for WSO2 API Manager, WSO2 API Platform for Kubernetes (WSO2 APK), and WSO2 Micro Integrator.