Misys: LoanIQ

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MISYS: LOANIQ IMPLEMENTATION

The test solution for Misys: LoanIQ is a combination of specialized consulting and implementation services and software automation expertise. Depending on client needs, the solution can be consulting-based, software-based, or a combination of both.

 

Consulting & Implementation

Software Solutions

Case Study: Misys: Loaniq Regression

MISYS: LOANIQ CONSULTING & IMPLEMENTATION

The consulting solution is focused on delivery of high-quality professional services around Misys: LoanIQ implementations and upgrades, customization and integration, production support and adhoc projects.

SYSTEM IMPLEMENTATION & UPGRADE

Comprehensive end-to-end solution from project inception to delivery, including project planning, requirements analysis, design, development, test execution, component integration, functional, regression and performance/stress testing, defect reporting and remediation, user acceptance testing, deployment to Production, and post go-live support

SYSTEM CUSTOMIZATION & INTEGRATION

Integration with other third-party vendor platforms. Design and develop new interfaces into existing applications. Develop new front-end or back-end custom software solutions as needed by the client

PRODUCTION SUPPORT

Daily operational and nightly batch support of system including monitoring, defect reporting, escalation and resolution

ADHOC PROJECTS

On-demand implementation of small-to-large scale enhancements as requested by the client e.g. regulatory reporting changes

MISYS: LOANIQ OUT-OF-THE-BOX COVERAGE

The Software solution provides a multifaceted approach to test automation including front-end UI automation, end-to-end testing, data analysis, sophisticated reporting and automated documentation generation. Pre-built automation libraries comprising FTS scripts and datasources are also available out-of-the-box as part of the bundled package.

FRONT-END UI AUTOMATION

Comprehensive banking functionality including capture of deals, facilities, outstandings and report generation. Platform-agnostic support of Java, .NET, web-based and legacy applications thereby facilitating end-to-end testing of cross-technology interfaces around Misys: LoanIQ

OUT-OF-THE-BOX LIBRARIES

Pre-packaged scripts/datasources covering a wide range of assets (Deals, Facilities, Outstandings), lifecycle events (Commitment Increase, Share Adjustment, Portfoilio Transfer, Close etc ), business functionality (Fees, Principal & Interest, G/L, Reporting) and system testing (functional, regression, integration, performance, overnight batch)

DATA ANALYSIS

Sophisticated, bulk data comparison of all standard file formats (xml,csv,tab,xls.etc). Support of numeric tolerances (absolute and percentage), mapping files across application versions, ignore column list, audit of analysis and comments’ entry

AUTOMATED REPORTING/DOCUMENTATION

Management-level reporting and presentation of test execution results, including dashboards, bar graphs/pie charts. Detailed log breakdown showing all PASS and FAIL scenarios. Historical reporting capability to track performance of regression test cycles. Automated audit- and compliance-ready Word document generated with test evidence such as real-time screenshots and embedded output extracts

CASE STUDY: MISYS: LOANIQ REGRESSION

Proof-of-Concept for Test Automation on Loan System; Looking to reduce QA costs for overnight testing, releases & major upgrades.

Scope

Automation of Misys: LoanIQ

Subset of Test Cases and Test Trades

Deal (Bilateral with Admin Fee payment)

Deal (Bilateral with Upfront Fee payment)

Facility (Accounts Receivable with Interest payment)

Outstanding (Standby Letter of Credit)

Deal Capture, Reporting

Solution

UI automation, report validation

Less than 20 automation scripts

1 resource for less than a week

Completely reusable for future testing

Benefits

Execution Time – Days vs. Months

Increased Productivity / Quality – Resources better utilized

Repeatability / Reusability – No maintenance required

See how our unmatched technology and services increase profitability, dramatically reduce errors, ensure compliance and guard against reputational damage.