New Frontiers in Quality Engineering: Continuous Testing and Shift-Right
OwlSure (formerly OwlFinancial Technologies) recently met with Nelson-Hall—a leading BPO analyst firm—to share our QE strategy within the larger context of a product-centric delivery model. The turn to products is no surprise for financial services and quality assurance providers alike—the limited scope, timeline, and funding of project-centric management demands a transformation that emphasizes advanced agile […]
Enterprise Application Modernization and Microservices Architecture: Financial Services Use Cases
Financial services firms are racing to complete enterprise application modernization and drive business growth in a progressively more competitive and data-driven industry. However, the road to modernization is lined with obstacles, most of which revolve around IT architecture—specifically monolithic and service-oriented architecture. With monolithic architecture, the different components of an application are combined into a […]
Embracing Quality Engineering: Key Areas to Adopt Test Automation
In recent years, Quality Engineering (QE)—and the accompanying standard of Quality Assurance (QA)—have emerged as key concepts for enterprises to ensure the quality of their applications. A good QA/QE strategy involves continuous testing plus increased use of test automation that drive speed-to-market and operational efficiency. Within Banking and Lending, innovative organizations are already engaging in […]
Defining Extreme Automation: Cases in AI-Driven Testing
In today’s hyper-connected world where data is continuously generated by a multitude of devices, apps, and ecosystems, Artificial Intelligence (AI) has emerged as the disruptor in the field of advanced analytics. Key to this disruption has been the umbrella concept of extreme automation, or the confluence of disruptive technologies and tools to revamp workflow and […]
API Strategy for Financial Services: 6 Q&As for Integration Success
Today’s successful businesses are the ones that meet their customers’ demands for speed and agility. These businesses understand the requirements for competing in the digital ecosystem and have built the necessary foundation to leverage application programming interfaces (APIs) to deliver more value to their customers. That’s why 98% of organization identify APIs as “extremely or […]
A Sustainable Foundation for API Integration for Financial Firms
Financial firms already know that APIs play a critical role in enabling improved customer experience and in establishing partnerships in the digital ecosystem. Many have ventured into API development to integrate with distribution partners, though they tend take the route of point-to-point integrations rather than establishing a foundation for API maturity. This traditional approach of […]
A Modern Data Platform for Banks Data Success
As the banking industry becomes increasingly digital, banks are investing in data to remain competitive. Specifically, they are leveraging data to mine customer insights, claim new market share, drive operational efficiencies, power analytics to reduce risk, and build and deploy personalized products and services at speed. Unfortunately, most banks are still struggling with antiquated legacy […]
5 Key Steps to Standardize BI Operations in Banks
Banks already recognize the importance of leveraging data analytics to provide better products and experiences for their customers. Yet, traditional challenges—such as legacy reporting infrastructure, IT-centric user interface on tools, and inability to digest data from multiple sources—hinder bank’s ability to derive consistent value from data tools. Importantly, business still relies heavily on IT teams […]
4 Steps to a Winning Data Strategy Roadmap
The ability to mine data and apply insights is a key factor in determining the leaders and laggards in any industry. Especially in financial services Industry—where a huge volume of data remains unused—leveraging this ability becomes even more decisive to drive customer-centric products and experiences. To increase data access and enable more data insights, many […]
Regional Online Bank leverages machine learning using Python to personalize its rewards program service
Project Highlights A regional online bank applied Python based machine learning to account holders in its Reward Program, helping to identify accounts “gaming” the system, predict activity and high-probability loan defaults, and keep customers informed of their Rewards eligibility. Benefits Improved customer experiences by enabling transparency, on-demand access to the Rewards Program, and real-time notification […]
Power Up Your Product Development With Repeatable Processes
Agility and speed-to-market capabilities remain critical for an insurer looking to grow their business. In the highly saturated P&C market developing and launching new products quicker than the competition is vital. Easier said than done! According to a Deloitte study, it usually takes 12 to 18 months to roll out a new insurance product. Even […]
The Power of Unifying Your Data
How often have you heard or said this about your data? We just can’t trust the data We need to be able to dig deeper into performance issues I have 30 data sources and none of them talk to each other Most organizations face challenges around consuming data in easy and actionable ways. Data exists […]