According to Gartner stats, the average cost of IT downtime is about $5,600 per minute in the core banking system. That means $300,000 per hour on average, so performance testing should be done to validate that the system behavior under peak load is consistent. Here, we will describe a two-step strategic approach to performance testing for conducting successful testing of a core banking application.

 Automated Load Testing

This figure states the four phases of the automated load tests for performance testing:

1. Design: The requirements are studied well to understand the application functionality, and performance requirements are collected from a business perspective, data is analyzed, and then an appropriate action plan will be developed.
2. Construct: During this step, migrated data would be uploaded onto the performance test platform and monitoring tools for collecting system performance metrics will be configured.
3. Implement and diagnose: Repeated performance tests would be executed to validate application performance behavior. There are three iterative stages at least that can be configured. Between each stage, a performance test would be restored, and a re-run would be conducted.
   The next figure illustrates the stages for each performance testing round:
4. Measurement: In this phase, all system metrics would be captured for conducting the last measurement run. These metrics would be validated and used to provide the final performance test report.

Business simulation

It is can be considered as a final confirmation of readiness of the core banking system. In this strategy, various dry runs of the cutover activities are executed some weeks before the actual live cutover. This includes mock data migration performing. Hence, end-users can do their transactions after completing the mock data migration. These simulations check that the system’s performance is smooth when all users are logged into the system and ensure that there are no flaws in system functionality.

TesetCrew – Your Software Partner

TestCrew is keen to implement quality tests regularly as well as provide international standards software-testing training. TestCrew also provides all technical, functional, and non-functional software quality test services related to user experience, which ensure the security and protection of end products from vulnerabilities and the risks of penetration, as per the standards of ISTQB and Test Maturity Model Integration Professional certification (TMMi).

In addition to that, TestCrew also offers software quality consulting services, you can also know more about what we do by visiting the various communication channels mentioned on our page, LinkedIn, email, or through our unified number.