With tools like Ranorex Studio, banking and financial institutions can test software, ensure compliance, and streamline ease of use for all their customers.
The banking and financial industry has made great strides in utilizing software to improve their customer experience as well as to store sensitive data. However, adequate testing is always necessary to ensure the success and safety of a software. Not only does testing catch any errors or gaps in security, but automated testing also saves you time and money spent on this critical task.
Banking regulations are often concerned with the security of a customer’s information and funds. In order to ensure that you are complying with these regulations, it is important to conduct adequate testing. Automated testing provides you with thorough and consistent testing to make sure nothing is missed.
The user experience of your customer is key in maintaining them as a client for years to come. This is because ease of use, accessibility, and unique features play a significant part in how consumers select their banking and financial services. By testing UX, you are ensuring that every part of the customer experience is functioning as expected.
Incomplete testing has both immediate and long-term effects. This is because incomplete testing could result in your software not functioning properly in a user setting—which could cost you in terms of delaying a launch, paying for additional coding, or having to fix other issues the software may have caused. In the end, these minor inconveniences could result in loss of customers as they make the switch to more effective software.
Manual testing is testing conducted by a person. This type of testing is time-consuming because the person responsible for testing must manually run through the test scenario and note any issues that arise. This also leaves room for problems to be missed due to human error.
With automated testing, the test is run by software that imitates the end user. This enables developers and testers to spend more of their time on tasks that truly require a human touch. Furthermore, because the software is the one making note of any issues, automated testing tends to catch more bugs than human testers—making this style of testing preferable in most cases.
Ranorex can offer specific features well-suited for banking and financial services that will make your software testing smoother and easier. These include:
Ranorex provides detailed reports, including screenshots, so that you can trace issues back to their source. Ranorex also allows you to view the test as a video and jump directly back into testing at a failed step, which makes your testing process faster and more efficient.
At Ranorex, we provide security testing solutions so that banks can assess where breaches are possible and address vulnerabilities before they become an issue.
Ranorex Spy, Ranorex Studio’s object identification tool, scans your application and inputs all elements into a repository where you can view them, organize them, and drag-and-drop them to create a test. This makes it easy to get testing completed, even for team members with no software development knowledge.
Ranorex offers a suite of software products to make your testing and assessment process faster and more efficient.
Ranorex has helped many clients in the financial sector find success—including a banking client that utilized Ranorex Studio because they lacked sufficient test coverage, were struggling with test reporting, and generally lacked stable and reliable testing. Ranorex automated their database, as well as their end-to-end, functional UI, integration, regression, smoke, and visual regression testing, among others.
As a result of Ranorex’s products, this banking client was able to increase product revenue, save on testing costs, and increase their product quality. They were also able to increase their productivity by a total of over 40%.
Automated testing can provide you with significant benefits in both time and money saved. While some automated testing tools can be intimidating, Ranorex Studio makes it easy with accessible and functional features that require zero coding knowledge. To try Ranorex Studio out for your business, contact us today and request your free trial.
