How Will RAKBANK’s New TCoE with Wipro Revolutionise Digital Banking?
Mokshita P.
10x Industry
Published:

How Will RAKBANK’s New TCoE with Wipro Revolutionise Digital Banking?

RAKBANK's collaboration with Wipro Limited aims to enhance digital services by integrating advanced testing tools, automation, and AI-driven methodologies.

Hey, have you heard about RAKBANK's latest move? They’ve teamed up with Wipro Limited, to set up a Testing Center of Excellence, or TCoE. This is a pretty major step for them in terms of speeding up innovation and boosting the quality and efficiency of their digital services.

So, Wipro is going to use its vast expertise in quality assurance and testing to build and run this TCoE. They'll be bringing in advanced testing tools and methodologies, especially focusing on automation and performance testing. This means RAKBANK will be able to roll out new banking solutions much faster.

With this partnership, RAKBANK’s quality assurance is getting a big upgrade. Wipro’s frameworks and best practices are going to help reduce defects, which should lead to happier customers. Plus, the TCoE will speed up the time-to-market for new services thanks to advanced automation, AI-driven testing, and CI/CD pipelines.

Another big win is that this collaboration will ensure RAKBANK's services meet all the necessary regulations and industry standards. This helps mitigate regulatory risks and ensures a secure banking environment. The TCoE is also set to drive continuous innovation by integrating emerging technologies into testing methods, which means RAKBANK will have industry-leading tools and expertise at their disposal.

Here’s what the leaders are saying about it: Mohamad Hamza from Wipro mentioned that this partnership is a big milestone for RAKBANK’s digital transformation. Wipro is committed to helping them achieve their strategic goals with innovative solutions and AI-driven efficiency. He’s confident that together, they’ll set new standards in the banking sector.

On the other hand, Saket Saith, RAKBANK’s CTO, said they’re thrilled to partner with Wipro to create this TCoE. It aligns perfectly with their vision of leading in innovation and providing an exceptional customer experience. By integrating advanced testing methodologies and automation, they aim to ensure their digital services are robust, reliable, and compliant with industry standards.

In the bigger picture, this TCoE is a significant milestone in RAKBANK's digital transformation. It positions the bank as a leader in quality assurance and innovation while improving operational efficiencies, cutting costs, and enhancing customer experience.

Wipro will help RAKBANK stay ahead of the curve by offering innovative solutions and leveraging GenAI to quickly adapt to new trends and technologies. This partnership is not just about keeping a competitive edge; it also lays the groundwork for future advancements in digital banking.