5x
Faster Automation vs. Other Platforms
10x
Faster Test Runs vs. Manual Tests
60x
Reduction in Effort Needed for Test Data Creation
Qyrus: Architecting Your Blueprint for BFSI Excellence
1. Precision in Financial Workflows: Advanced testing capabilities crucial for complex BFSI scenarios.
- Validate data integrity and transaction accuracy across systems with end-to-end testing.
- Assess application resilience under peak transaction volumes and ensure SLA adherence.
- Test intricate service interactions and data exchanges via comprehensive API testing.
2. Holistic Quality Assurance: A unified platform addressing diverse testing needs.
- Leverage our extensive testing capabilities: Web, API, Mobile, Database, and SAP Testing.
- Orchestrate your entire testing lifecycle within a centralized, integrated environment.
- Receive proactive alerts on anomalies and failures, minimizing disruption to critical financial services.
3. Agility and Accelerated Delivery: User-centric features empowering faster time-to-market.
- Empower your teams with codeless/low-code test design and AI-assisted test creation.
- Enable both domain experts and technical users to rapidly build and execute test cases.
- Equip testers to efficiently tackle complex QA challenges with intelligent AI agents.
4. Scalability & Adaptability: Unmatched support for your evolving BFSI needs.
- Leverage robust data management features, including synthetic data generation and data masking.
- Efficiently execute tests across diverse configurations and environments.
- Seamlessly integrate with the essential tools that your BFSI teams rely on (e.g., Jira, CI/CD pipelines).
Empowering BFSI Innovation (Use Cases)
Digital Banking Platforms
Ensure seamless user experiences, secure transactions, accurate account management, and robust performance under peak loads for online and mobile banking applications.
Open Banking and APIs
Validate the security, reliability, and performance of Open Banking APIs and partner integrations, ensuring compliance with standards like PSD2 and enabling secure data exchange.
Core Banking Systems
Test the integrity and functionality of core banking systems (CBS), including account processing, loan management, and ledger operations, ensuring accurate calculations and seamless integration with front-end channels.
Insurance Policy Administration
Guarantee the accuracy and efficiency of policy administration systems, from onboarding and claims processing to billing and renewals, across web and mobile interfaces.
Trading and Investment Platforms
Validate the performance, security, and real-time data accuracy of trading platforms, portfolio management tools, and financial market data systems.
Fraud Detection and AML Systems
Test the effectiveness of fraud detection engines and Anti-Money Laundering (AML) monitoring systems, ensuring accurate identification of suspicious activities and compliance with regulatory requirements.
The Tightrope Walk: Balancing Priorities in BFSI Testing
The rapid pace of digital transformation in the BFSI sector demands modern, agile testing practices. Traditional testing approaches struggle to keep up, introducing delays, increasing risk exposure, and potentially damaging customer trust.
For many BFSI institutions, testing is further complicated by:
- Manual testing bottlenecks that slow down innovation and delay releases
- Fragile integrations while connecting modern apps with legacy systems
- Complex, evolving, and stringent regulatory compliance norms across jurisdictions
- Heightened security and data privacy measures amidst constant cyber threats
- Intricate rules and workflow involved in financial applications
- Real-time processing and scalability requirements in line with high transaction volumes
- API security requirements for reliable connections and data exchange
Qyrus: Your Compass for BFSI Testing Excellence
Qyrus is a scalable, AI-powered, codeless test automation platform designed to address the unique and complex challenges of the BFSI sector.
Automate repetitive and time-consuming tests, including regression, functional, performance, and API process testing without a single line of code.
Leverage AI to build tests 70% faster, automatically generate tests from requirements, self-heal broken scripts, autonomously explore applications, evaluate AI model outputs, and gain deep insights.
Test across Web, Mobile (Native & Web), APIs (REST & SOAP), Desktop (including SAP), Databases, and AI/ML models—all from a single platform.
Test and validate entire end-to-end financial workflows, such as a customer’s online loan application seamlessly flowing from the bank’s web portal through the core banking system to the CRM and notification services, ensuring every integrated step, from data input to approval and disbursement, functions perfectly.
Access real mobile devices and browsers instantly for cross-platform testing, with zero setup or maintenance required. Verify user flows and element details with features like Recorders and Inspect Mode (for mobile).
Ensure comprehensive API testing, crucial for integrations with third-party services and legacy systems. Automate API validations with features like Assertions and Parameterization and simplify processes with Regression Suite Setup.
Gain actionable insights with step-by-step screenshots, video recordings of test executions, and advanced analytics (AnalytiQ).
Integrate smoothly with your existing CI/CD pipeline and test management tools (Jira, ADO, Jenkins, TestRail, etc.)
Meet Qyrus AIVerse:
Your AI Co-Pilot for Smarter Testing
Go beyond traditional automation with Qyrus AIVerse – a powerful ecosystem of AI-driven tools, called Single Use Agents (SUAs), designed to tackle complex QA challenges throughout the software development lifecycle.
Key AIVerse Agents for the BFSI Industry:
- TestPilot: Creates and executes tests directly from any URL or application screen.
- TestGenerator: Transforms JIRA tickets into actionable test scenarios.
- TestGenerator+: Explores untested areas, identifying gaps and increasing coverage.
- Rover: Explores applications autonomously to identify anomalies and potential issues much faster.
- Eval: Intelligently evaluates outputs from AI models.
- API Builder: Instantly virtualizes APIs based on user requirements.
- Echo: Generates realistic synthetic data for diverse testing needs.
- Healer: Automatically updates test scripts when application changes.
UK Bank Achieves 200% ROI with Qyrus Test Automation
A leading UK bank sought to modernize its testing practices to improve efficiency and reduce costs. By implementing Qyrus, the bank was able to repurpose functional tests for performance testing, significantly increasing test reusability.
Key Outcomes:
- The bank achieved a 200% return on investment (ROI) within the first 12 months of using Qyrus.
- Manual testing efforts were reduced by 60%.
- Overall effort across the testing and QA lifecycle decreased by 85%.
- Qyrus helped prevent the release of over 2500+ bugs into production
Validated Value: Client Experiences
“Qyrus not only supports the testing of our Web, Mobile, and API components as part of our CI/CD processes, but also in ongoing regression-testing across our partner ecosystem. The real power of Qyrus is that we have this extremely broad testing capability in one tool, run in the cloud, and reusable across all our development teams.”
“The transition to Qyrus has marked a significant turning point for us. By embracing automation, we not only streamlined our SAP test automation process but also achieved a remarkable reduction in overall project testing time by 40%”
“….the Qyrus platform have been a great addition to Monument’s product delivery capabilities. Within a few months, we have been able to create a comprehensive test suite of complex end-to-end test scenarios spanning multiple platforms and channels. The Quinnox team has helped us embed the Qyrus solution, and the supporting processes around it, into our agile delivery methodology.”
Deep Dive into BFSI Testing: Resources
Ready to Elevate Your BFSI Software Quality?
Don’t let software glitches risk your reputation or bottom line. Partner with Qyrus to implement a robust, intelligent, and automated testing strategy for your financial applications.