Banking and Financial Products Testing

Excellence Consultancy offers QA consulting and software testing services tailored to help the BFSI industry overcome challenges and constraints they face in adopting the latest technologies and dealing with legacy applications.
With experts specialized in wealth management application testing design, development, and implementation, our BFSI testing team assists clients in streamlining their internal processes leading to enhanced productivity and improved customer services. Our proficiency in tools, expertise in latest technologies, awareness of BFSI dynamics, and rich repository of re-usable test cases assure clients of low-cost banking application testing services, robust QA consulting, effective resource optimization, and on-time delivery.


We provide full spectrum of finance application testing services for banks and financial institutions to leverage up-and-coming market opportunities. Our cost-effective and value-added wealth management application testing services have helped many in the BFSI industry to effect business expansion and improved service delivery.

    Retail banking software
    Mobile banking software
    Corporate banking software
    Money transfer applications
    Credit card and loan processing applications
    Private banking software
    Net banking application
    Customer service and accounting software
    Treasury software
    Capital market software
    Trading software
    Financial accounting software
    Credit domain software
    Payment engine software
    Customer management applications
    Microfinance applications
    Payment gateway software
    Finance applications
    Insurance applications
    Claim processing software


    1) Requirement Gathering
    Requirements which are to be met by the particular application are gathered and documented in this stage. This is done by a Business Analyst.

    2) Requirement Review
    The requirement gathering document is reviewed at this stage. Quality Analysts, Development Leads and Business Analysts are involved, in which they cross check that it does not affect the workflow.

    3) Business Requirements Documentation
    Business requirements Documents are documents prepared by Quality Analysts, in which all business requirements are covered. Further it is reviewed by Business Analysts.

    4) Functional Testing
    The usual software testing activities are performed here:
      Test Case Preparation
      Test Case Execution
      Test Cases are executed either manually or using automated testing tools.

    5) Database Testing
    In database testing, a tester checks whether the data entered in the frontend is correctly displayed in the backend. Database testing is an important part of the testing phase, in banking applications.

    6) Security Testing
    Security Testing makes sure that the software does not have any security vulnerabilities.
    7) User Acceptance Testing
    This is the final stage of testing before the rolling out of the application. This testing is usually done by the end users to ensure the compliance of the application with the real world scenario. After successfully tested by the users, the application will be accepted by them.
      Investor management application
      Institutional equities management application

BFSI organizations can rely on Excellence Consultancy as their software testing solution provider. Our expertise lies in building agile, reliable and robust test solutions that help clients address their need for a flexible and cost effective solutions. Our specialist testing teams have extensive experience in accelerating testing through customized Test Automation solutions. Our cost-effective solutions help BFSI organizations optimize resources, enhance operational efficiency, mitigate risks and reduce time to market, allowing them to concentrate on core competencies and effect business expansion and improved service delivery.

If you are looking to hire BFSI testing experts for your project or want to avail best BFSI testing service, get in touch with Excellence Consultancy today. We have BFSI domain specialists who can understand your needs and provide affordable solutions.

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If you need to hire expert developers or test professionals for your next project or want to outsource development tasks on an ongoing basis by having an extended offshore software development team, get in touch with Excellence Consultancy today.

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No up-front payment

We don't always ask dollars to kick-start, we wish to forge relationships where you will be assured that the team on which you would rely to build your product or solutions are good enough to do it. Reach out today, we would love to kick start the journey together!

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Quick-notice start/stop

We are obliged to work on a mutually beneficial arrangement, contracts mean a legal paper but we understand that it's you who will decide w.r.t. work. We are open to both formal contracts as well as quick-notice start-stop mode of engagement.

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Risk-Free Trial

Before you decide to setup a Product Development Or an off-shore team, let us know if you wish a trial period. We can setup a team to work on an MVP or a trial period for 4 weeks without invoice. We believe to collaborate where we add value to the mission.

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Why Choose EC

  • Technology Excellence across platforms
  • Business ideas into commercial applications
  • Domain Intensive Value Proposition
  • Significant Cost Reduction with ODC model
  • Get 2-4 weeks Risk-Free Trial before kick-start
  • Pool of expertise in Agile Teams to choose
  • Flexible work hours based on need
  • Commitment to excellence, Reliable

Key Points

  • Competitive cost Proposition
  • Wider platform coverage
  • Business application & interface development
  • Highly trained resources
  • Commitment to Quality
  • Agile methodologies & practices
  • Deep domain & functional expertise
  • Happy international clients

Skill Set

  • Software programming and testing
  • Cross-platform development skills
  • Multiple OS, tools, technology skills
  • Web, mobile & business applications
  • Automated testing across industry verticals
  • Optimized, high-productivity porting
  • Effective communication
  • International Project Management skills

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