QAssure partnered with Delta Capita for an Open Innovation platform

By Joy Dumasia

QAssure has joined forces with Delta Capita to deliver an Open Innovation Platform solution to accelerate the innovation adoption cycle. This new offering aims to address challenges that often delay innovation – from operational complexity and ever-changing regulatory burdens.

By centralising the PoC process, QAssure/prooV’s end-to-end PoC platform shortens the time from discovery, testing, and deployment of the right solution by 75% so financial enterprises can adopt new technology. At the same time, it is still new, and the technology is relevant.

Upon completing the PoC, the digital assurance platform will further help perform end-to-end functional and non-functional testing of the solution. It will reduce the testing timeframe from months or weeks to days and ensure that all solutions produced are of the highest standard.

Jerry Ngo, Vice Chairman, Delta Capita Asia, said: “The true potential of innovation is often held back by slow processes, and this needs to change. These challenges aren’t unique to one sector. There is a huge opportunity to help drive innovation across various industry verticals. We’re always looking for ways to do things better and faster – with cost efficiencies front of mind.”

Toby Olshanetsky, CEO and Co-founder of prooV, said: “We are very excited about this opportunity. Our joint offering will allow to meet the growing demands of a continuously changing landscape – particularly as financial institutions plan to increase onboarding of FinTech solutions. A crucial part of this effort is running proofs-of-concept – but then security, regulation, bureaucracy, legal red tape, and slow processes come into play.”

Recently, IBS Intelligence reported that QAssure and Prytek owned prooV merge to Accelerate Open Innovation and Digital Assurance for Enterprise, aligned with Prytek’s strategy to build technologies and deliver managed services making a new software testing arm merging its Technological company prooV with QAssure. After the merger, Prytek will be the significant shareholder providing software testing and prooV of Concept as a Service to the global market.