Major components of BFSI applications

BFSI applications are designed to run on web and mobile platforms, with a focus on the security aspects of the application, like SSO and MFA. There's also the security provided for the various functionalities in the application, but a general overview of any BFSI application has three major components:

 

User interface

The user interface in a BFSI application is responsible for displaying all the important data from various sources pertaining to the user, and also enables the user to perform transactions.

 

Servers

The application server hosts the BFSI platform. The database server handles secure data storage and retrieval for users. The proxy server acts as a security layer in concealing the user's identity from other servers.

 

Integrations

Integration is one of the core components of any BFSI application, as it helps in connecting the application to multiple services—payment services, mutual funds, and other third-party services—that make it functional and versatile as an all-in-one platform.

Why is automation essential for BFSI testing?

Rapid application development in an agile workspace needs to be complemented with an equally agile testing phase. Especially in BFSI testing, where any oversight can lead to serious repercussions, automation is the key to achieving speed and efficiency.

Bug tracking with repetitive testing

Repeated testing of software using an existing set of test cases, with or without modifications to both the codebase and the test cases, helps in uncovering bugs. Automation can assist in scheduling test case executions at a given time for a huge number of test cases.

Bug tracking with repetitive testing
Bug tracking with repetitive testing

Complex workflows

Each action inside BFSI applications involves dependencies on multiple functionalities and integrations with various services. BFSI testing requires checking the workflows efficiently, which is possible only with automation.

Complex workflows
Complex workflows

Multiple transactions

Millions of transactions are carried out each day through BFSI applications, and emulating the huge number of transactions for BFSI testing is time-consuming without automation.

Why is automation essential for BFSI testing?
Why is automation essential for BFSI testing?

Security testing

BFSI applications carry sensitive user data, and any potential breach can lead to irreversible damage. Hackers constantly come up with new ways to compromise security and gain access, which is why it's essential to emulate these scenarios during BFSI testing. Automation can best emulate the incessant nature of hacking attempts, to avoid such attacks in future.

Security testing
Security testing

Test automation types as part of BFSI testing

The look and feel of the application is just as important as how efficiently it performs under different real-world scenarios. A plethora of testing types, coupled with automation, can help with delivering a great user experience, which is paramount to the success of any BFSI application.

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    UI testing

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    Security testing

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    Database testing

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    Integration testing

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    Performance testing

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    API testing

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    CI/CD testing

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    Performance regression testing

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    Compatibility testing

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    End-to-end testing

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    User acceptance testing

Testing BFSI applications with Zoho QEngine

Testing BFSI applications with Zoho QEngine

  • Create test cases with ease

    Create test cases the no-code, low-code, or pro-code way with Zoho QEngine. The no-code recorder helps you build test cases by accurately tracking actions and element locators.

  • Manage test cases for all platforms in a single window

    Write and manage test cases for Web, Android, iOS, and API in a single window with Zoho QEngine.

  • Schedule test executions, run parallel tests

    Automation coupled with parallel testing and self-healing AI makes Zoho QEngine the perfect companion for your testing projects.

  • Gather insights on test case progress and error tracking

    Zoho QEngine provides deep insights for every single test case execution in a single place—the results dashboard.

  • Collaborate with teams

    Provide approvals to team members to make changes to test cases, document errors, and more. User access control also helps improve collaboration between teams.

  • Repositories for efficient testing

    Test cases can be neatly cataloged inside modules based on functionality. Variables, and elements are stored for easy retrieval and referencing inside test cases.

Frequently asked questions

1. Why is automated testing preferred over manual testing for BFSI testing?

BFSI applications are comprised of multiple modules and integrations that are connected by complex workflows. Irrespective of the number of testers, manually testing an application of this magnitude will take up a lot of time. There's also a high possibility of human error creeping in, affecting not just the user experience but making sensitive user data vulnerable.

2. How is testing for BFSI applications different from testing for conventional applications?

There are two aspects where BFSI applications differ significantly from other types of applications—integrations with microservices and security—and this is reflected in testing as well. Security testing is the foremost priority, since even a minor breach can cause irrevocable financial damage. Integration testing is essential for secure and reliable data transfer between various services for providing valuable services to users.