Aimed at improving the efficiency and reducing the costs of Euro payments within Europe, Single Euro Payments Area (SEPA) has increased the responsibility of all banks and financial institutions to update their payment systems. Banks and financial institutions (FI’s) are expected to adopt SEPA business rules and implementation guidelines and confirm their SEPA compliance and operational readiness to the European Payments Council (EPC) by 2014. SEPA is designed to deliver operational readiness between parties at all levels of the payments value chain, from institutions to individual customers. Since this demands implementation of trustworthy and defect free systems, the stakeholders are expected to ensure that the systems are tested with proper and possible stimulations.

Capgemini provides an exhaustive, robust and consistent testing approach that complies over 95% of the SEPA standards. The workbench helps mitigate risk for the institutions by uncovering areas that might have been missed in the payments value chain through model based testing.

Model based testing is a methodology and toolset designed to accelerate the creation of test scripts. The tools let users describe the system under test using process models which then automate the generation of test cases. With model based testing, experienced testing professionals with domain knowledge can reduce testing time for commercial software by as much as 30%.