News
eFUNDS signs to distribute GFG Group's
simulation and testing tool GFG:FINsim
12 February 2005 / Media Release
GFG Group has signed a worldwide distribution agreement with eFUNDS, which will see GFG's innovative GFG:FINsim testing and simulation software made available more widely, particularly in the North American market.
eFUNDS is the largest transaction switch provider in the United States, and is well-known for its CONNEX and Oasis IST transaction switching software, used by a wide range of Tier One and Tier Two banks and financial institutions.
GFG Group's general manager for international sales and marketing, Marie Tamplin-Woods, says GFG:FINsim is a 'highly innovative' tool for banks with electronic financial transaction (EFT) networks. GFG:FINsim enables software developers and testers to have any make of Automatic Teller Machine (ATM), Point of Sale device (POS) or "transaction switch" on their desktop. This simulation and testing tool is particularly valuable, she says, for customers considering adoption of emerging standards such as EMV and, RKI, enabling full testing before go live.
Regardless of how an EFT network is set up, GFG:FINsim can simulate any of the major components. There is no longer a need to make expensive purchases of test devices or create physical test cards specifically for development. GFG:FINsim significantly reduces the cost of development and testing, drastically cutting the time to market for new software releases and significantly improving the quality of software being delivery.
The following sample list of customers gives an insight into the versatility of GFG:FINsim.
At
NAB GFG:FINsim is used extensively in their IBM environment
to test new releases of their CONNEX transaction switch, as
well as standard regression tests on all new "transaction
switch" software. Most recently, FINsim has been used
model new standards including the triple DES cryptographic
security standard and EMV, the MasterCard and Visa's chip card
standard.
At ANZ, GFG:FINsim is used to test remote
key initialisation (RKI) in their ATMs. ANZ also use GFG:FINsim
as their tool of choice to stress test the capabilities of
their "transaction
switch". A single regression test is made up of 1.9 million
(good and bad) transactions and can be executed overnight at
the same loading as expected in the production environment.
At Pulse Australia, GFG:FINsim was used
to simulate new POS terminals. Faced with implementation
delays caused by late Terminal delivery, Pulse supplied GFG
with the terminal specifications and GFG:FINsim was used
to ensure that the "transaction
switch" had all the required changes developed and tested
prior to receiving the physical terminals keeping the project
on track for the original go-live date.
At Members Equity, GFG:FINsim is used
as a cost effective way of generating test transaction for
FDI and MasterCard links.
St George has replaced previous testing tools with GFG:FINsim.
Training took place over two days and within five days the
entire environment was simulated.
At Bank South Pacific in PNG, GFG:FINsim is used to test production
system changes.
At Shell, GFG:FINsim is used to assist development of new
point of sale terminals, ensuring quality of hardware delivery
and faster certification and time to market.
At
ASB, GFG:FINsim supported a major Open/2 upgrade, regression
testing the entire system prior to upgrade, and then an identical
test post upgrade, testing full
financial reconciliation of all transactions..
At ETSL, GFG:FINsim was used to performance
test a new Tandem platform, to ensure correct allocation
of processes across CPUs. FINsim is also used for
EMV testing.
At EFTPOS New Zealand, GFG:FINsim is used
to test terminal specification changes and software changes.
At Euronet, GFG:FINsim is used at the Euronet European development
centre as a development and testing tool.
