In most banks and lending institutions, retail lending services is moving from a largely intuitive process to an increasingly automated and model driven one. Organizations look for more user friendly and high responsive lending systems to cater for their retail services to burgeoning demands and customer needs.

Also, adherence to more stringent and continuously evolving regulations is of critical importance for financial institutions. Especially in corporate lending service, these lending systems handle large quantity of high-value financial data; hence they require a robust test management regime while implementing or upgrading the application for validating business processes, ensure data accuracy and thereby launch error free products ensuring customer satisfaction.