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Overview
Banking & Financial Services | Insurance | Telecom
Maveric Systems is India's leading independent software testing company. In addition to a pan-India delivery capability, Maveric has significant presence in UK, US and the Middle East.
Being aligned to a few select verticals ( banking & financial services, insurance, health care, telecom). Maveric has developed proprietary domain frameworks that help in reducing design times and ensure optimal test coverage.
With our customers rating their satisfaction levels at a high 94%, Maveric brings end-to-end software testing capabilities to client engagements, ranging from defining a test strategy, test planning, execution, defect management, closure and documentation.
Maveric's ability to provide value-added testing services is strengthened by the following value drivers:
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- Sharp Focus:
Maveric has been pioneering the outsourcing model in software testing by virtue of its razor-sharp focus in banking & financial services, insurance and health care. Domain expertise in chosen areas helps us to understand client requirements quickly and completely, empowering our customers with a definite quality and cost advantage.
- Proprietary Methodologies & Quality Processes:
With repeatedly tested proprietary methodologies, Maveric is uniquely positioned to test software products as effectively as customized applications. Maveric’s testing processes are certified to be in accordance with ISO 9001:2000 standards.
- Automation Competence:
A multi-skilled talent pool ensures that Maveric remains tool-neutral in testing projects. Maveric has specialist tool-teams that bring in expertise in test automation and performance testing using industry standard testing tools.
- Quick Ramp-up ability:
Timelines for testing engagements are typically tied to software release schedules of the development teams. Fast response time is a key expectation that most clients have and therefore Maveric has structured itself to be in a position to meet quick ramp up requirements of clients.
- Stability:
Exceptional management bandwidth, sound financial stability, and high levels of talent retention provide deep roots that sustain Maveric’s aggressive growth. Maveric currently executes testing projects in India (Bangalore, Chennai, Hyderabad, Mumbai, Pune) and London.
- Training:
A growing gap between demand and availability of trained testing professionals has led to the creation of a dedicated training academy within Maveric. We have over the years developed our own testing curriculum (short-term and long-term) for grooming testing talent. Maveric is also an ISEB accredited training provider for ISEB (Foundation) certification.
With clients ranging from end user companies to software product organisations to solution integrators, Maveric has proven itself in managing quality delivery in multi-party relationships.
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| Banking & Financial Services Among the various verticals that we focus on banking and financial services forms the largest component. Maveric has accumulated expertise across various components in banking and capital markets. Sub-verticals within banking and financial services today offer unique challenges to CTOs:
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Regulatory compliance requirement of banks has led to the development of a whole new set of products and services that are high on the agenda in most board rooms. Most testing engagements require high level of subject matter expertise.
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Reducing costs and being more responsive are the only avenues for increasing profitability today in developed markets. Most financial institutions therefore seek to continuously enhance and upgrade performance and functionality of their applications. Technology is completely transforming businesses today in the banking and financial services vertical.
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Technology sourcing strategies are continually in a flux between enhancements to legacy applications, buying third party components and outsourcing to service providers.
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Insurance
Maveric's insurance practice covers both life and non-life segments. The non-life segment includes both personal and business sections and types such as Property and Casualty, Marine, Health, Reinsurance etc. Testing engagements are increasingly challenging because:
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The insurance business is turning global, especially as regards life & property and casualty & marine segments of non-life. The reinsurance on both sides is any way global-ready. This necessitates a system within a system for majority of the operations such as underwriting, policy management and claims.
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The rapid expansion of business channels for the various components of the operations leads to a complete re-definition of business processes and work flows.
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Growing third party feeds - data, analysis and key process - leads to a complete catharsis of the existing systems and practices.
- Protocols and standards are continually evolving in both their scope and definition and that by itself presents a serious challenge.
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Regulatory changes especially those that concern data, exchange of information among partners and reporting, warrant primary structural changes to systems and integration components.
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| Telecom Maveric’s focus in the telecom industry is essentially centred on the customer and services operations in the eTOM (enhanced Telecom Operations Map):
Maveric’s telecom offerings encompass end to end testing services working closely with the different collaborating industries including end service providers, application/ solution providers and content/data providers across various technologies like WAP, XML, 3G, VoIP, TCP/IP etc.
Maveric telecom practice also includes testing Business / Operation support services including:
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Billing & Revenue solutions.
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Charge & Settlement solutions.
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Fulfillment & order provisioning management.
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Workflow Automation solutions.
- Fraud detection & management.
- Issue management solutions.
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Customer Management Solutions.
- CRM & ERP applications.
- 24x7 Web based customer support / IVR support systems.
- Partner Management solutions.
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Back Office Solutions.
- Human Relations, Purchasing, Fulfilment, Finance solutions.
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Service based value add solutions (Online / Web and Mobile Applications)
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