The client was a regional bank that was integrating and consolidating their systems for wholesale banking operations across the region. This large-scale systems consolidation required rigorous testing and deployment processes.
The key challenge was to ensure the complex integrated wholesale banking platform met all requirements and functioned as expected before deployment.
Sciente worked closely with the bank’s team to assist with agile testing, user acceptance testing (UAT), and deployment activities for the consolidated wholesale banking platform.
Sciente’s testers collaborated closely with the UAT Team Lead to ensure a clear understanding of requirements and scope. They performed comprehensive end-to-end testing while maintaining a full grasp of the business requirements and functional specifications.
To enable efficient automated testing, Sciente leveraged the TOSCA tool – a software testing solution that allowed them to design test cases and automate end-to-end testing processes. Using TOSCA’s capabilities, they could thoroughly validate the integrated systems.
Throughout the complex integration and consolidation project, Sciente’s testing expertise helped ensure the regional bank’s new wholesale banking platform met all requirements and functioned as expected before deployment. Our agile testing approach and the use of automated testing tools enabled high quality implementation while maintaining execution velocity.
By partnering with Sciente, the regional bank benefited from independent testing resources and advanced tool utilization. This facilitated a successful migration to their consolidated wholesale banking platform with confidence in the integrated systems’ end-to-end reliability.
The client was a well-established bank seeking to improve its regulatory reporting processes. The goal was to enhance efficiency and effectiveness in meeting regulatory requirements.
The challenges faced were associated with data quality issues that impact reporting accuracy and also some key pain points faced by report owners.
Sciente worked closely with the bank to automate the some 40+ regulatory reports by enhancing the existing Reporting Framework Tool to streamline the process. By automating these reports, the bank can significantly reduce manual effort, minimize errors, and improve the speed and accuracy of report generation. This also directly address the pain points experienced by report owners, such as time-consuming report preparation, data inconsistencies, and inefficiencies in meeting regulatory deadlines.
Sciente also worked on the development of custom-built reporting and data lineage tools designed to be scalable across the entire organization. These tools will provide a centralized platform for managing regulatory reporting needs and tracking data lineage, ensuring full transparency and traceability of how data flows from source systems to the final reports. The scalability of these tools allows them to be expanded beyond the initial scope, ensuring that they can support the growing needs of the entire bank as regulatory requirements evolve.
This resulted in automation of metadata management and data lineage for some 100+ regulatory reports. By automating the tracking of metadata and lineage, the bank can ensure that all regulatory reports are fully traceable, with a clear understanding of where the data comes from, how it is transformed, and how it is used. This will enhance data governance, improve auditability, and help the bank maintain regulatory compliance more efficiently.
Overall, these solutions aim to automate and standardize regulatory reporting processes, improve data quality and transparency, and create a scalable, efficient infrastructure that supports the bank’s regulatory obligations both now and in the future.
