BWI: Hexaware Selects Validata to Offer Test Factory™ Services for Banking Customers Globally

Press release from Business Wire India
Source: Hexaware Technologies Ltd
Thursday, April 22, 2010 06:16 PM IST (12:46 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
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Hexaware Selects Validata to Offer Test FactoryT Services for Banking Customers Globally
The model ensures minimum 30% cost savings for customers

Mumbai, Maharashtra, India, Thursday, April 22, 2010 -- (Business Wire India) -- Hexaware Technologies, a global provider of IT, BPO and consulting services, today announced a partnership with the Validata Group, a leader in world class Application Lifecycle Management (ALM) solutions for the Banking and Finance Sector. Hexaware's Quality Assurance and Testing Services (QATS) division will work with Validata Group to deliver Validata SAS Test FactoryT - a unique Quality Management (QM) model that covers Quality Assurance (QA) and Quality Control (QC). This joint offering increases the choice for customers providing them more control over successful project delivery and will enable customers to have a better predictability over IT expenditure, simplified planning and reduce costs.

Customers are under constant pressure to reduce costs on IT applications at the same time maintain high quality assurance. Banks across the world are focusing on replacing their legacy core banking applications with the latest systems that can enable them to put in place a customer centric approach, that can not only strengthen relationships, but also lead to increasing customer profitability. Given the current market conditions, more and more such banks are actively looking at partners and solutions that can reduce overall implementation time and cost as well as help them gain a lead in the market.

Uday Reddy, Head of Banking and Financial Services, Hexaware Technologies said, "Validata's reputation in the banking and finance sector made them our obvious choice for a partner. Test FactoryT is proving to be the model of choice for client engagements globally. Equipped with a full range of standardized quality assurance frameworks and methodologies, the Test FactoryT modular solution enables Hexaware to deliver solutions on demand and the scale to meet customers' needs across diverse technologies adopted by banking clients worldwide. This solution will enable us service our customers by helping in accelerated implementation and testing of deployments."

"Today, Hexaware's Centre of Excellence (CoE) for Banking offers end to end services from strategic consulting, integration with local customizations to maintenance and support, integration upgrades and specialized testing services, " added Mr. Reddy.

The Validata Group along with Hexaware team will offer services involving the outsourcing and hosting of the QA solution in secured Active Server Pages (ASP) mode and an exhaustive offer of services. This service will also be available on 'pay-per-use' model.

Vaios Vaitsis, CEO of Validata Group said, "Validata SAS Test FactoryT draws together world class services, a fully integrated ALM platform for the Banking and Finance sector, ready Business Accelerators, best practices and is thus unique to the industry. It enables the testing process to be initiated immediately enhancing operational efficiency and an instant time to market. The Test FactoryT offers the customer a level of confidence in the Quality Assurance which means they can concentrate on delivering their core competence, while we deliver on ours."

The three key factors which differentiate Validata Group include the modular software solution that is based on SOA architecture, the model driven requirements and testing approach and the team of partners with a keen sense of client relations.

"By making use of these partnerships, we plan to develop and strengthen our presence even further in Europe, Middle East and Asia," added Mr. Vaitsis.

Hexaware's Banking practice has been servicing Fortune 500 companies globally for over 20 years.

About VALIDATA Group

http://www.hexaware.com/validata.htm

About Hexaware

http://www.hexaware.com/boilerplate.htm

Safe Harbor Statement

http://www.hexaware.com/safeharbor.htm


CONTACT DETAILS
Effie D'Cunha, Hexaware Technologies Ltd, +91 9987007859, effiec@hexaware.com
Gary Rhodes, Validata Group, rhodesg@validata.co.uk

KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY, HEXAWARE.NS, 532129.BO

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