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Global Finance Practice is Adopted by Goldman Sachs, JP Morgan Chase and Royal Bank of Scotland

In a move which reflects the world shift towards a completely global market, testing specialist TesCom has launched its Global Finance Practice to ensure that international financial institutions receive an optimised global approach to testing from experts experienced in the financial sector. The approach is the first of its kind in the industry and is intended to resolve the traditional issues of software testing within financial organisations, ensuring that projects are delivered on time, to budget and with the quality demanded by the industry.

Throughout the world TesCom has experts in testing financial applications. It identified that the way to offer the best service to global companies was link international experience and expertise to provide a specific client offerings targeted at the financial sector anywhere in the world. Today TesCom’s Global Finance Practice is serving customers such as Goldman Sachs, JP Morgan Chase and Royal Bank of Scotland in the UK and worldwide, to ensure the quality of the applications they use every day.

“Traditionally, financial organisations have managed application and web site testing on a country-by-country basis, however as more and more work is done globally, companies need to be able to develop and deploy applications worldwide,” said Marc Earl, head of the Global Finance Practice. “This has led to the need for international partners with the ability to provide a consistent sales and delivery approach, which is why we launched the Global Finance Practice.”

TesCom carries out testing for large projects within financial institutions, managing all aspects of the testing from project initiation to deployment. Aspects include the automated testing of front office systems; load testing of web sites; and helping organisations develop their own best-practice procedures to ensure quality. By mobilising testing experts with significant experience in finance, TesCom can dramatically reduce development project or package implementation risk for its customers.

”Within financial organisations the approach to IT development has traditionally resulted in problems being identified late in the development process or after the system has gone live,” continues Marc Earl. “However, the industry is starting to mature as companies recognise that testing should be undertaken by testing professionals. We increasingly find that these organisations are devoting up to 25 – 30 percent of their resource to testing, to ensure application quality.”

These figures contrast with the industry in general where a recent survey conducted on behalf of TesCom highlighted that almost half of senior business managers in UK organisations believe that five percent or less of IT resource is sufficient for quality assurance through application testing, compared with the recommended industry standard of 40-60 up to 50 percent.

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About TesCom Ltd

TesCom mitigates business risk and reduces time to market by delivering independent, tailored software testing and quality improvement services. TesCom is the largest specialist global provider of testing services with a flexible service offering, based on best practice techniques and an in-depth market understanding of its clients’ business sectors. TesCom’s goal is to promote and deliver effective testing to make IT-based business services and applications more user-focused, responsive and robust to meet ever-increasing performance demands.

To find out more about TesCom, visit

Company Contact

Lee Farman
CTO, TesCom
020 7022 6700

PR Contact

Catherine Eyres/Mary Brain
Strategic Relations
01494 434434

This press release was distributed by ResponseSource Press Release Wire on behalf of Strategic Public Relations Ltd in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit