FinTechs have structurally altered the value proposition of traditional financial firms. But trust and advice—the foundation of financial relationships—continue to define customer expectations of their money managers. To grow their business, financial firms are reimagining their business models. This reflects clearly in their approach to IT, data and software quality assurance.

Testing Centers of Excellence (TCOEs) in the Financial Services sector are moving towards playing a supporting role to help increase test activities in devolved scrum teams. At the same time, the legacy technology of core banking applications, and regulatory compliance is impeding adaptive change.

Download the Financial Services pullout of the World Quality Report 2017-18 to know more:

The World Quality Report 2017-18 is the only global report analyzing application quality and testing trends across multiple industries in 32 countries.