Industry
Banking & Financial Services
in daily high-value transactions validated, spanning 12,700 Fedwire transactions a day
reduction in manual effort through automation-driven testing and validation
test cases executed across payment applications and their integrations
The bank needed to validate its Fedwire Funds Service implementation to support 12,700 high-value transactions worth 20 billion dollars every day, across remittances, FX trades, loan payments, and compliance checks. Altimetrik stood up an integrated payments-validation service covering the Money Transfer System, Remote Wire Initiation, and SWIFT applications, validating connectivity and message processing across the Fed and SWIFT networks. The program executed more than 900 test cases, cut manual effort by 40 percent through automation, and supported testing for more than 10,000 internal users.
Validating the Fedwire Funds Service meant covering complex use cases and regulatory risk conditions across remittances, FX trades, loan payments, and compliance checks, all at high value and high daily volume. Message processing had to be proven across both the Fed and SWIFT networks, including multiple SWIFT MT message types.
With 12,700 high-value transactions worth 20 billion dollars flowing daily, there was little tolerance for error and a heavy manual testing burden to overcome.
At 20 billion dollars a day, a single unvalidated failure path in wire processing carries direct financial and regulatory consequence. Comprehensive, repeatable validation was the difference between confident operation and material operational risk.
Altimetrik enabled validation coverage across the Money Transfer System, Remote Wire Initiation, and SWIFT applications supporting domestic and international wire processing. The team documented business requirements and executed functional, UI, integration, and user-acceptance testing to prove transaction accuracy and regulatory compliance.
Connectivity and message processing were validated across the Fed and SWIFT networks, including support for multiple SWIFT MT message types. Automation was introduced to reduce the manual testing burden and make validation repeatable across releases.
▪ 900+ test cases executed across payment applications and their integrations
▪ Validation spanning Money Transfer System, Remote Wire Initiation, and SWIFT
▪ 40% reduction in manual effort through automation-driven testing
▪ Repeatable validation established across releases
▪ Testing support enabled for 10,000+ internal users
▪ Coverage across Fed and SWIFT networks and multiple SWIFT MT message types
Altimetrik brought payments-domain depth and automation rigor to one of the highest-stakes processes in the bank. By enabling end-to-end validation across the Fed and SWIFT networks and building automation into the test cycle, Altimetrik gave the bank confidence in a 20 billion dollar daily operation while cutting the manual effort needed to keep it validated.
