Hi there! If you’re new to the banking industry, one of the struggles you’ll have is picking up the requisite “banking domain knowledge”. If you don’t have banking. Bank Management Tutorial for Beginners – Learn Bank Management in simple Assets, Risk Measurement Techniques, Bank Marketing, Relationship Banking. Banking, financial services and insurance (BFSI) is an industry term for companies that provide and technical/professional services firms that manage data processing, application testing and software development activities in this domain.

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Success in any test automation depends on identifying the right tool for the project. Unsourced material may tutorkal challenged and removed. Principles of Insurance This article helps the student to understand the legal principles and provisions of the insurance law.

Before mainframe testing, lets learn What is a Mainframe? Read about some recent trends in banking industry.

Bank Management Tutorial

The biggest challenge in testing banking system is during the migration of the system from the old system to the new system like testing of all the routines, procedures and plans. Quality analysts, business analysts, and development leads are involved in this task.

It is the final stage of testing done by the end users to ensure the compliance of the application with the real world scenario. After studying this article you should be able to identify the broad categories of human activities and describe what we mean by business and what are the features and objectives of business.


Importance of each type of insurance policy is explained along-with its usage. Characteristics of a Banking Application Before you begin testing, it’s important to note the standard features expected of any banking application.

Ensure that test data meets regulatory compliances requirements and guidelines Maintain the data doomain by following techniques like data masking, synthetic test data, testing system integration, etc. Support activities may include corporate services, finance, human resources, or information ddomain and technology.

Banking Domain Application Testing. This will help you understand the major products offered by the insurance industry and how they are classified.

This article explains the various types of Insurance Policies available in the market today. The banking and financial industry is also challenged by the large number of existing legacy systems in its infrastructure.

Read this article to learn the meaning, features and functions of stock exchanges and understand the importance of stock exchanges and methods of trading on stock exchanges.

Domain is nothing but the industry for which the software testing project is created. Ensure Data Migration Testing is complete Ensure Regression Test cases are executed on old and new systems, and the results match.

Usually, while developing any specific domain project, domain expert help is sought out.

This article describes current insurance industry sectors and their associated activities, products, and services.

Financial Institutions Learn what we mean by financial institutions and financial intermediaries. Many non-functional requirements are not fully documented, and testers do not know whether to test it or not. General insurance typically comprises any insurance that is do,ain determined to be life insurance.

TechnoFunc – BFSI Domain

The mainframe is a high performance and a Insurance covers both life living and non-life non-living. The Key Features of Business In our day-to-day life, we use words like business, commerce, occupation, trade, industry etc.


To troubleshoot customer issues it should have high auditing capability It should handle complex business workflows Need to support users on multiple platforms Mac, Linux, Unix, Windows It should support users from multiple locations It should support multi-lingual users It should support users on various payment systems VISA, AMEX, MasterCard It should support multiple service sectors Loans, Retail banking etc.

Learn what we mean by financial markets and why we at all need them? By using this site, nfsi agree to the Terms of Use and Privacy Policy. doamin

BFSI domain

Why Domain Knowledge Matters? Tuotrial firms in this sector, which makes different financial assets and financial liabilities more or less attractive to individual investors and borrowers, offer different services.

System Integration Testing is defined as a type of software This section provides an overview of the Insurance Industry. The Industry Basics Banks play a key role in the entire financial system by mobilizing deposits from households spread across the nation and making these funds available for investment, either by lending or buying securities. Depository intermediaries receive deposits from customers and use the money to run their businesses.

Financial Vfsi may include stock-broking, payment gateways, mutual funds etc.