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Insights and Expertise





                                                                   resources. And by extending testing capabilities
                                                                   beyond functional activity, teams can gain a clearer
                                                                   view of transaction performance, real-time compliance
                                                                   risk and operational exposure.

                                                                   Payment teams that adopt a modern, progressive
                                                                   testing approach can benefit from:
                                                                       • Controlling the cost of repetitive manual testing
                                                                       • Catching defects early to reduce cost of remedia-
                                                                         tion
                                                                       • Minimizing delays and additional costs during
                                                                         migration and transformation programs
                                                                       • Reducing the  impact  of  failed  transactions  on
                                                                         day-to-day operations
                                                                       • Improving visibility of transaction performance
                                                                         and compliance risk
                                                                       • Validating high volume transaction environ-
                                                                         ments without disruption to live systems
                                                                       • Accelerate ISO 20022 readiness with more effi-
                                                                         cient testing cycles

                                                                   Reducing test-infrastructure costs is just the start
                                                                   Banks and payment providers need testing that
                                                                   keeps  pace  with  innovation.  Migration  to  ISO  20022,
                                                                   implementation of instant payments, investments in
                                                                   open banking and other new regulatory requirements
                                                                   are placing significant pressure on technology and
                                                                   operations teams.

                                                                   Testing slowly and manually won't cut it. Forward-
                                                                   thinking businesses recognize the importance of
                                                                   improving testing speed and efficiency to keep up
                                                                   with exponential change. By taking control of payment
                                                                   testing, tech teams can help reduce program costs,
                                                                   limit financial exposure and release resources to focus
                                                                   on what really matters: driving long-term business
                                                                   value.


                                                                   Anthony Walton is the CEO of Iliad Solutions, a company that has
                                                                   over 25 years of experience in payments and prides itself on being
                                                                   at the forefront of building, implementing and supporting major
                                                                   payment solutions. This experience has led Iliad to develop trusted,
                                                                   comprehensive and resilient test and certification solutions used for
                                                                   payment testing worldwide. For more information, visit www.iliad-
                                                                   solutions.com. To reach Anthony Walton via LinkedIn, see linkedin.
                                                                   com/in/anthony-walton-80b4779.














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