DEVOPSdigest

Parasoft is expanding its presence in the financial software testing space with its service virtualization solution(link is external), 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(link is external). 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(link is external) 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(link is external) 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(link is external) 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.