Hear Paul Trotter (Dy. CTO, Atom Bank) at the ISG Executive Provider Summit 2022 in Orlando, Florida as he shares his organization's journey of Digital Transformation and the role of Cigniti as their strategic partner in Digital Assurance.

Watch Srikanth Chakkilam (CEO, Cigniti) share the latest and greatest on Cigniti's Digital Assurance and Quality Engineering offerings, global presence, clients, success stories, corporate social responsibility, and more.

Digital assurance is the complete set of quality engineering practices that cross the digital ecosystem. The discipline (and the engineering aspects) of Digital assurance long ago moved beyond the “quality safety net” paradigm that comes with traditional testing techniques. Rather digital assurance done right will be an enabler of speed for the software development team, says Chris Manuel, Vice President, Cigniti Technologies.

The success and scalability of challenger banks requires a nuanced and focused strategic approach. Challenger bank success depends upon considering targets around the adoption of the latest technologies, culture, and business strategies. Technology is one of the main challenges faced by incumbent digital banks which requires large capital and look to leverage a plug-and-play design stack on underlying API integrations and microservices.

COVID-19 gave a big push to the wealth management industry to adopt digital transformation and implement a digital mindset. However, the key to their success will depend on the effective use of technology to advance client services and attract new investors. Cloud, Automation, Robotic Process, AI, ML, and Blockchain will play an important role in the wealth management industry due to their ability to increase transaction security, transparency, and trust. Thus, to be on a successful path, a wealth management firm needs to enhance customer experiences, data analytics, and new markets accessed by technology.

No two banks are alike. Similarly, the cloud migration strategy for each bank will be unique based on various factors like the existing core system, delivery of cloud model, cloud deployment model, and the type of modernization. The important factor here is to collaborate with the right cloud services provider and the right technology partner, says Vishnu Vardhan Vankayala, Associate Principal Consultant, Cigniti Technologies.

Today, it has become a necessity for enterprises to shift their workforce to the cloud, which empowers their employees with relevant experiences, delivers useful data and insights to the leadership team, and works in tandem with the frequently changing needs of the workforce. Adopt advanced human resource management with world class UI and UX to maintain the best #HXM and retain the most loved employees for a long time, says Sailaja Bodula, Business Analyst, Cigniti Technologies.

Each evolution of technical and digital maturity leads to much more complicated testing, and hence the digital assurance model required is going to be more complicated. And that is the challenge facing nearly every company out there: technology continues to evolve, digital continues to evolve. It is not getting any easier. As a collective society, we continue to push the bounds of what is expected from technology, and there is a direct correlation between raised expectations and the speed and quality at which they are delivered, says Chris Manuel, Vice President, Cigniti Technologies.

Digital transformation calls for creating newer business models to stay relevant and thrive in a dynamic ecosystem. Enterprises must continuously innovate to stay ahead of the curve, and the cloud is the catalyst that drives innovation. When businesses start to adapt their processes to a digital environment, they require scalability, cost and work efficiency, elasticity, and agility. Though cloud technology offers a plethora of benefits, it’s not an easy task. Engaging a dedicated cloud service provider for your cloud migration project will ease your cloud transition journey.