The financial institution will already reach the break-even point in the second year.
Since 2006, the Bank für Sozialwirtschaft (BFS) has been using ABACUS/DaVinci to fulfill its regulatory reporting solutions. In 2018, the BFS started to use the new software generation Abacus360 Banking.
Until March 2020, tests at BFS were run through manual comparisons. Particularly the frequent regulatory changes with associated releases led to high testing efforts with increasing complexity. Therefore, the BFS was looking for solutions. With the support of a consulting team from BearingPoint, a business case was calculated, which indicated a significant potential saving through the test automation tool ABACUS/Testing. The estimated potential savings were 40 percent in the area of specialist software testing, and 30 percent in the area of test management. Thus, the investments in ABACUS/Testing is beneficial for BFS and the break-even point will already be reached in the second year.
Learn more about the benefits and potential savings by using ABACUS/Testing in our comprehensive Case Study.