Core banking performance testing
We bring significant expertise in load testing components such as loan and deposit servicing, payment transactions, ATM networks, card processing, and Internet banking.
Our proficiency extends to both retail and investment banks, with over half our projects dedicated to this area.
Stats don’t lie
This estimation is based on a study, which involved responses from 240 organizations across the banking, financial, fintech, and corporate sectors.
The average bank spent a little over $360,000 in 2020 on failed payments, including fees, labor, and costs related to customer attrition.
Averages also differ based on the size of organizations, ranging from below $40,000 for companies with revenue below $10 million to over $20 million for the largest banks globally.
When you might need it
It ensures that the newly integrated infrastructure aligns seamlessly with your business objectives and doesn’t hinder productivity.
Ongoing performance testing for system updates
It ensures that your systems maintain peak productivity with each update or modification.
This includes identifying and eliminating bottlenecks, optimizing resources, and fine-tuning processes to enhance overall efficiency.
Go-live assurance involves a series of tests and validations to ensure that the new system operates smoothly and without any hitches.
What we could offer you
We identify nodes prone to higher loads, create a capacity plan, and evaluate the existing system’s ability to handle business expansion, pinpointing potential bottlenecks.
This ensures the system’s reliability and performance under varying workloads.
Our team also offers training and support to assist your development teams in adopting best practices for performance testing.
Whether it’s synthetic data generation or data masking, we offer tailored solutions for a seamless testing experience.
Learn more about the process
Preparation and planning
- Create a load testing plan emphasizing resource-intensive operations and SLA expectations.
- Develop testing scripts and deploy emulators.
- Prepare test data and configure the test infrastructure.
- Set up cloud usage monitoring.
Performance testing and analysis
- Execute the load tests and monitor the results.
- Conduct correlation analysis, map resource usage, and identify code fragments causing issues.
Optimization and reporting
- Recommend ways to optimize the system, including alternative architectural solutions.
- Form a detailed report with optimization recommendations and conduct control testing after changes have been made.
Get a thorough report
This report includes visualized metrics and recommendations for performance optimization. Each instance of resource overconsumption by the application will be thoroughly detailed, including its business impact, the responsible component, and the specific system section involved.
This approach allows you to identify the operations utilizing the most resources and isolate the component and code section responsible for the issue.
This setup allows you to easily rerun tests and obtain reports for independent analysis of new application releases.
Hire the best team possible
Your project is handled by a dedicated team of specialists who offer comprehensive support throughout every phase of the work.
We carefully select each team member, considering their extensive experience and how well they align with the specific requirements of your request.
Product manager Enterprise
Product manager Cloud
Cooperation is a cornerstone of every successful project.
To enhance productivity, we appreciate your assistance in the following ways:
Pay any way convenient
To offer you the most competitive pricing for our cloud cost optimization service, we assess costs on a project-specific basis.
This approach takes into account the distinct characteristics of each system.
The pricing typically aligns with factors such as the number of load profiles, types of functionality tests, and the specific devices requiring testing and emulation.
Billing options we have:
See what we could achieve together
I was highly satisfied with the service provided by PFLB. The bank’s number of users doubled after M&A, so our internet bank’s performance degraded. PFLB did an awesome job helping us find and resolve performance bottlenecks during a comprehensive load testing project.
PFLB’s performance testing was instrumental in resolving all performance issues pre-launch. Their seamless collaboration, skilled team, and timely delivery are commendable.
PFLB conducted extensive load testing on our software, simulating high user loads to evaluate performance, identify bottlenecks, and optimize the system’s responsiveness. Finally, they provided actionable recommendations to improve scalability and optimize resource utilization.
PFLB’s rapid load testing was a lifesaver on our tight launch deadline. Their expertise ensured our site could handle high sales seamlessly. Highly recommended!
PFLB’s load testing expertise played a critical role in uncovering performance limitations and bottlenecks in our educational platform project. Their meticulous approach and ability to adapt the testing methodology led to valuable insights, ensuring informed decisions for the project’s future development.
PFLB’s expertise in Wi-Fi load testing for in-flight entertainment systems proved invaluable. Their innovative approach and problem-solving skills led to the discovery of critical issues, ensuring passenger satisfaction and avoiding reputational harm.
Our client’s bank was absorbing other banks, and the number of individual clients was growing. The system was not ready for expansion or integration. The owners started to suspect bottlenecks when problems with paying salaries to corporate clients’ employees arose. As a result, in the next pay period, the load on the system increased dramatically, and the system got overloaded. People did not get their salaries in time, as the system crashed.
PFLB offers expertise services on automated testing of the core Banking System improving the quality of the product and allowing the customers to keep time frames and costs under control.
As a rule, software testing has a unified set of principles and standards that stay true for all industries. However, there are a few areas that require extra dedication and commitment as well as attention to security issues. In the banking domain it is especially necessary. When it comes to financial application testing, developers have […]
What else we could be helpful with
Our aim is to assist you in achieving your goals efficiently while maintaining peak system performance.
Ensure your app handles downloads smoothly. Test under controlled conditions to preemptively fix performance issues.
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Ensure reliable SAP performance for enhanced business productivity with seamless implementation and proactive tuning.
Expertise in managing vendor-specific and custom enterprise systems for enhanced employee productivity.
Before investing in high-end hardware, assess performance capabilities for informed decisions.
Fast websites enhance impressions and business growth. Conduct load testing for consistent high performance.