Finance

Reliable testing for complex financial systems

Financial software must meet strict standards for accuracy, security, and compliance. Our expert testing solutions help you manage multi-currency transactions, ensure regulatory adherence, and maintain peak performance, giving you confidence in every aspect of your financial platform.

Challenges

Financial software faces big challenges

Managing transactions, regulations, and data security comes with high risks. Software failures can result in costly errors, compliance issues, and frustrated users.

Expanding Platforms

Fintech solutions now span web, mobile, cloud, AI/ML, and blockchain—each with its own testing challenges around security, performance, accessibility and compatibility. Ensuring quality across all channels is very demanding.

Real-Time Performance

Customers expect real-time transactions and synced data across devices. This puts immense pressure on software architecture to deliver low-latency performance, making load testing and breaking points harder to predict.

Advanced Analytics

Users want more than reports—they expect fraud detection, personalized insights, and predictive analytics. Testing the logic and vast data streams that power these features is increasingly complex.

Shifting Compliance

New regulations for authentication, open banking APIs, and data privacy are continuously evolving. Keeping test cases up to date with global compliance standards can be an uphill battle.

Customer-Centric Focus

From budgeting apps to trading platforms, fintech now plays a key role in users’ lives. Any software hiccup can lead to a negative experience, making reliability a top priority for customer retention.

The Stakes

Don’t let these issues snowball

When these challenges aren’t addressed, they can cause major disruptions. Financial discrepancies from inaccurate currency conversions, non-compliance fines, and security breaches can lead to financial and legal trouble. Delays in software releases can throw off critical reporting, and software bugs lead to expensive, ongoing fixes. Customers lose confidence when there are performance issues or errors, and software that can’t scale hinders growth. Each problem may seem minor, but they can quickly add up, resulting in costly operational challenges and a damaged reputation.

Partner with XBOSoft

Our clients

We have tackled these challenges with some of the best

Become one of our success stories

Our Focus

Our tools and focus areas

With nearly 18 years of specialized experience in fintech, accounting, insurance, and mortgage software testing, XBOSoft offers tailored solutions to address these complex, critical issues

Domain-Specific Expertise

Our team includes finance testing professionals who understand the intricacies of accounting, insurance, consumer loans, and mortgage processes and software.

Regulatory Compliance Testing

We ensure adherence to standards like GDPR, PSD2, BCBS 239, FATCA, and SAS70 across different jurisdictions.

Agile and Automated Testing

Our Agile-adapted QA processes and custom automation frameworks ensure efficient, thorough testing.

Multi-Currency and Exchange Rate Testing

Rigorous validation of currency conversions and handling of rate fluctuations.

Performance and Scalability Testing

We simulate high-volume transactions and user loads to ensure your software performs under pressure.

Security and Penetration Testing

Comprehensive security assessments, including manual and automated tests, to protect against cyber threats.

User Experience and Accessibility Testing

We validate your software across various devices and platforms to ensure a seamless user experience.

Data Integrity and Reconciliation Testing

Meticulous verification of financial calculations, reporting, and data consistency.

Our Results

Our results speak for themselves

We don’t just test software—we create customized strategies that solve your problems and help you stay ahead of the competition.

From the beginning XBOSoft showed a curiosity for our application, to want to get underneath it, understand it, and think like our clients.

Charlie Gaulke Senior VP

Blackline

You actually found more unique bugs in two weeks than my clients found in using the software for 2 years.

PracPlay

I’m impressed with their knowledge of the application’s functionality including the nuances of role-based security

QA Director

Blackline

Our Method

Our holistic process step by step

XBOSoft digs deeper into software leveraging decades of staff domain expertise gained over the years. Our SAS70 testing focuses on key risks spanning stability, security, compliance, and user adoption. We help fintech companies expand platform access for broader reach, simplify adherence monitoring as regulations shift, optimize user experience for retention, harden defenses across endpoints, and perform under extreme operational loads.
It all starts with a detailed discussion and analysis of your requirements, existing defects (if known), and short- and long-term QA goals. This helps us develop a software test plan that outlines what, how, and why we’re testing.
We address everything from test cases and test management, through test execution, and allow your team to sign off on our strategy.
We then implement both objective results and reporting frameworks to ensure metrics are properly identified, measured, and addressed.

Our Cases

Our experience in action

We don’t just test software—we create customized strategies that solve your problems and help you stay ahead of the competition.

Let’s make your success our next story

Our clients’ results speak for themselves. Ready to see what we can achieve together?
Let’s get started

Our Blog

Stay ahead with our Finance insights

Explore our latest blog posts for expert advice and insights on Finance software testing. From data security to real-time performance, we cover the key challenges and solutions to help you stay on top of the rapidly evolving Finance industry.

Our Expertise

December 13, 2024

Accounting Software Testing

Our Expertise

December 12, 2024

Testing Mortgage Application Software

Defining Software Quality

February 9, 2024

Multi-Currency Software Testing – More Than Currency Conversion

Visit our blog

Benefits

What you gain by partnering with XBOSoft

We don’t just test software—we create customized strategies that solve your problems and help you stay ahead of the competition.

  • Confidence in handling complex operations: We ensure your software can tackle everything from multi-currency transactions to detailed reporting without breaking a sweat.
  • Regulatory compliance made easy: We help you stay compliant with key regulations like GDPR and PSD2, so you don’t have to worry about penalties or risks.
  • Stronger data security: Your financial data is safe with us. We test thoroughly to protect against breaches and keep everything secure.
  • Faster performance for big transactions: We make sure your software can handle high volumes and real-time transactions without slowing down.
  • A better user experience: We focus on making your platform easy to use, helping you keep customers happy and engaged.
  • Quicker time to market: Our flexible testing processes—whether Agile or Waterfall—help you get your product ready faster.

Certifications

Certified expertise, reliable results

We hold PMP, ISTQB, and ISO27001 certifications, reflecting our adherence to rigorous standards in project management, software testing, information security, and internal controls.

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