Progress announced the launch of Progress Data Cloud, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud.
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.
Industry News
Sonar announced the release of its latest Long-Term Active (LTA) version, SonarQube Server 2025 Release 1 (2025.1).
Idera announced the launch of Sembi, a multi-brand entity created to unify its premier software quality and security solutions under a single umbrella.
Postman announced the Postman AI Agent Builder, a suite empowering developers to quickly design, test, and deploy intelligent agents by combining LLMs, APIs, and workflows into a unified solution.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the graduation of CubeFS.
BrowserStack and Bitrise announced a strategic partnership to revolutionize mobile app quality assurance.
Mendix, a Siemens business, announced the general availability of Mendix 10.18.
Red Hat announced the general availability of Red Hat OpenShift Virtualization Engine, a new edition of Red Hat OpenShift that provides a dedicated way for organizations to access the proven virtualization functionality already available within Red Hat OpenShift.
Contrast Security announced the release of Application Vulnerability Monitoring (AVM), a new capability of Application Detection and Response (ADR).
Red Hat announced the general availability of Red Hat Connectivity Link, a hybrid multicloud application connectivity solution that provides a modern approach to connecting disparate applications and infrastructure.
Appfire announced 7pace Timetracker for Jira is live in the Atlassian Marketplace.
SmartBear announced the availability of SmartBear API Hub featuring HaloAI, an advanced AI-driven capability being introduced across SmartBear's product portfolio, and SmartBear Insight Hub.
Azul announced that the integrated risk management practices for its OpenJDK solutions fully support the stability, resilience and integrity requirements in meeting the European Union’s Digital Operational Resilience Act (DORA) provisions.
OpsVerse announced a significantly enhanced DevOps copilot, Aiden 2.0.