Leading Bank in Latam selects Validata to accelerate legacy migration and Temenos Transact testing in the cloud

London, May 2023 - Validata announces that it has been selected by a leading bank in Latam to support them in their Temenos core banking replacement project.

The bank set out on a digital transformation project migrating from Fiserv to Temenos Transact on their private cloud infrastructure, in an effort to remain at the forefront of the competition and better serve their client needs through optimised digital services.

After an exhaustive and lengthy process and after evaluating several alternatives, the Bank selected Validata as their trusted testing and migration partner. The breadth of capabilities of Validata’s AI-powered solutions, agility and scalability made the decision a no-brainer, with Validata winning against frequent competitors in the Temenos market space.

Validata challenges traditional testing tools, with a revolutionary model-driven hyper automation approach, powered by AI, iRPA and analytics, allowing it to automate more and provide better testing in less time, empowering teams to get a better result than manual testing, and provide a better user experience. It eliminates the data wait with synthetic test data generation and on demand data access and assists the user to perform automated tests as and when required, with optimal coverage.

The AI-powered automation capabilities of the platform empower banks to master the speed and complexity of cloud operations, supporting ‘shift left’ testing so “only good builds” reach production and shift-right self-healing, to minimize risk for business and operations.

In addition, Validata’s data platform is able to simplify, de-risk and accelerate the migration process with a proven track record of successful Temenos migration projects globally. It is unique in its ability to merge and match data between different sources and ensure a smooth and efficient ‘progressive’ approach when migrating the data into the new system.

“We are delighted that we have been selected as a technology partner and we look forward to be working on this core transformation project and supporting them through their digital transformation initiatives. Our AI-powered technology with self-healing test automation and data automation intelligence delivers the coverage needed to optimize the user experience, speed up release cycles and improve the quality engineering process.” added Vaios Vaitsis, CEO at Validata Group.


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