QKTech Enables End-to-End Digital Success for Wealth Management Leader
Industry & Segment
Capital Markets
Objective
Enable seamless digital transformation, ensure regulatory compliance, and enhance operational efficiency for a leading wealth management firm transitioning to a next‑generation platform.
Client Overview
The client is a leading wealth management firm that embarked on a comprehensive digital transformation initiative to modernize its platforms and enhance customer experience. With a strong focus on delivering seamless and reliable digital services, the firm partnered with QKTech to implement an end‑to‑end testing framework, ensuring consistent performance, scalability, and high‑quality user experiences across its digital ecosystem.
The Challenge
Aging Technology Infrastructure
Legacy mutual funds platform with batch dependencies, limited visibility, and escalating maintenance costs.
Regulatory Pressures
Increased compliance demands from regulators around trade reporting, data residency, and auditability.
Operational Inefficiencies
Manual processes and long report cycles slowing service delivery and increasing error probability.
Limited Scalability
Inflexible architecture restricting expansion into new asset classes, products, and regions.
Solution Overview
Structured Test Management Framework
Established a TMMi-aligned test governance model, defining roles, responsibilities, and documentation standards across all project phases.
Multi-Phase Testing Implementation
Supported seamless migration through three critical implementation phases:
- Phase 1: Tradex, APX, AMD, RECON integrations
- Phase 2: Investrack Thrift Plan with enhanced integration validation
- Phase 3: Full-stack rollout with NAV, GLX, and HTML5 modules
Comprehensive Test Coverage
Delivered functional, non-functional, performance, API, and localization testing to ensure a high-quality, compliant, and seamless user experience.
Advanced Technology Integration
Leveraged Atlassian Confluence & JIRA for project management, Postman for API testing, and TOSCA & Selenium for automation, ensuring end-to-end test visibility and efficiency.
Results Achieved
89%
Test pass rate achieved. Executed 1,424 test cases with comprehensive coverage, resolving 327 defects ensuring robust validation and reliable release readiness.
100%
Audit readiness and regulatory alignment. Automated compliance with regulator mandates ensured zero audit findings, strengthened data security, and supported full traceability.
0
Issues post-go-live. Maintained complete platform stability after deployment, with zero post-production defects reported, strengthening confidence in release quality.
Business Impact
Regulatory Excellence
Proactively met evolving compliance mandates, minimizing audit friction and enhancing regulator confidence.
Operational Efficiency
Automation-driven reductions in manual testing improved delivery speed and accuracy.
Client Experience
Real-time reporting and portfolio visibility strengthened investor confidence and satisfaction.
Strategic Growth Enablement
Future-ready infrastructure positioned the firm to capitalize on Vision 2030’s digital-first agenda.
At QKTech, transformation assurance sits under Digital Reliability, one of the six pillars of our Reliability OS for Enterprises, which helps enterprises ship AI agents and modern platforms without the risk.
Moving a wealth or mutual funds platform to a new system? Schedule a free consultation with our quality engineering team.
Let’s build experiences that matter. Connect with our experts today.