Qomply Explains Why System Testing Is an Industry Must in June's Edition of Asset Servicing Times
Qomply's Stuart Hartley features in the June issue of Asset Servicing Times discussing why system testing is an industry must, and how automatic regression testing can clear the pathway toward customer satisfaction and regulatory compliance.
“The financial services industry has strict regulatory requirements,” says Hartley. “Qomply provides an up-to-date diagnostic solution that can confirm the changes made against the regulations.”
“By thoroughly testing different functionalities and scenarios, system testing helps identify defects, bugs or inconsistencies that can impact the quality of the system. Detecting and addressing issues early in the development lifecycle can save significant costs and time. In addition, companies can avoid paying for expensive fixes later in the reporting process.”
Hartley concludes: “Qomply is committed to helping firms navigate industry changes and providing the compliance solutions needed to succeed.
Read more here: Asset Servicing Times, June 2023 Edition
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Qomply’s Regulatory Reporting Hub combines regulatory expertise with AI, automation and data analytics to deliver scalable, audit-ready reporting intelligence that reduces errors, lowers remediation costs, and minimises operational and regulatory risk.
Covering regimes including MiFIR, EMIR Refit, SFTR, CFTC, CSA, MAS, ASIC and HKMA, Qomply also offers a fully managed service and operates globally from London.
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