As of 2024, the UK's financial services sector contributed £294 billion to the economy, employing over 2.4 million people, with two-thirds of these roles based outside London. From independent financial advisers to global banking institutions, all financial organisations share key priorities: protecting client funds, making informed investments, and managing risks effectively.
The Role of Technology in Financial Services
A vast support network—including Big Data analytics, AI-driven investment platforms, client relationship management (CRM) systems, and compliance monitoring tools—is integral to enhancing financial services and maintaining a competitive edge. However, with multi-million-pound investments in digital infrastructure, ensuring seamless integration and system reliability remains a critical challenge.
At Prolifics Testing, we work closely with financial institutions to mitigate risks, enhance system performance, and ensure compliance with industry regulations. Our expertise spans financial software testing, banking application QA, and automated testing solutions for finance, ensuring seamless functionality across diverse digital platforms.
Customer Expectations & The Need for Reliability
Banking customers demand a seamless, secure, and consistent digital experience across multiple devices. Studies show that 88% of users abandon a website after a poor experience, resulting in significant lost revenue and reputational damage. Poor usability and security concerns drive customers away, reducing trust in financial brands.
To address this, financial software testing is essential to ensure stability, security, and compliance. Mobile banking app testing, for example, helps deliver a frictionless user experience, preventing customer drop-off and ensuring uninterrupted service.
Security, Performance & Compliance
Ensuring the security, speed, and compliance of financial applications is non-negotiable. Whether it’s penetration testing for banks to identify cyber threats or regulatory compliance testing to meet FCA, PCI DSS, and GDPR standards, financial institutions must guarantee that their digital platforms are robust and resilient.
Comprehensive Testing Solutions for Financial Services
We provide end-to-end testing solutions designed to enhance performance, security, and compliance within the financial sector.
Key Testing Services We Offer:
- Financial Software Testing – Ensuring secure, compliant, and high-performing applications tailored for banks, fintech firms, and investment platforms.
- Banking Application QA (Quality Assurance) – Verifying the accuracy, usability, and security of banking applications across multiple platforms.
- Regulatory Compliance Testing – Ensuring that financial applications meet FCA, PCI DSS, and GDPR compliance requirements.
- Fintech Application Testing – Addressing unique challenges within fintech platforms, ensuring stability and seamless integration.
- Load Testing for Financial Services – Evaluating how banking platforms handle high transaction volumes, ensuring system resilience.
- Penetration Testing for Banks – Identifying vulnerabilities in digital banking systems to safeguard against cyber threats.
- Automated Testing Solutions for Finance – Reducing manual effort, enhancing accuracy, and improving efficiency through test automation.
- Risk Management System Testing – Ensuring that risk assessment and fraud detection systems operate effectively and reliably.
- Financial Data Integrity Testing – Verifying data accuracy, consistency, and reliability within financial applications.
- Mobile Banking App Testing – Guaranteeing a seamless, secure, and optimised experience for mobile banking users.
Why choose Prolifics Testing?
We’ve worked extensively with a wide variety of firms, from retail banks, insurers, merchant banks, investment banks, credit reference agencies, and more.
Our experience means we understand the strict compliance frameworks you work under, and our accreditations give us the quality management, processes, and security you need.
In fact, we've been named as an Approved Supplier on FSQS, a programme run by Hellios that makes it easier for financial institutions to engage pre-vetted suppliers and third parties at reduced levels of risk.
