Banking & Finance - Testhouse

The continuing blur between traditional banking, investment banking and insurance means that companies need to differentiate their products and services in order to maintain and develop their business and customer base. Mergers and takeovers, adherence to corporate, statutory and regulatory business practices being mandatory over the next 3 years, new regulatory pressures will place even greater stress on staff.

Increasing use of 24/7 access to accounts, services and information will require new methods of transaction signing, encryption and security of credentials. With the increase of more personalised services and solutions through more channels, customer protection will be the dominant priority. Perhaps more than any other sector, demonstrable data security will become a key differentiator between winners and losers in the banking and finance sector industries.

Another major concern affecting this already complex sector is the ever-growing need for regulatory compliance in order to enable new business opportunities. These include SOX, Basel II and more recently the need to be able to carry out STP based transactions in trading environments, and this is by no means a simple task.

Testhouse can assist you in meeting these challenges by helping you to both plan and execute testing of your new systems and current infrastructure. We can give you expert advice on where your efforts need to be concentrated in order to meet your customers' needs for greater access and guaranteed security, and we can also audit your system for you in order to ensure your continued regulatory compliance.