Case Study: Large Wealth Management Firm achieves 24x7 test availability and 50% less downtime with Parasoft Virtualize

Simulation Simplifies Testing for Wealth Management Firm

A Toronto-based wealth management subsidiary of a global financial services company faced major testing bottlenecks: a complex mix of Oracle/SQL, centralized databases, IBM mainframe and cloud stacks; overlapping projects and third‑party dependencies; and global teams across North America, Europe and Asia. Nightly batch windows and unpredictable outages meant testers often lost hours of productive time, driving up costs, delaying releases and stalling automated, performance and regression testing.

The firm ran an RFP and implemented Parasoft Virtualize to simulate unavailable services so teams worldwide could test continuously on demand. With vendor-led training and infrastructure guidance, they gained a 24x7 accessible virtual test environment, cut downtime and inefficiencies by about 50%, eliminated critical testing and delivery delays, reduced labor and project costs, and improved testing consistency and overall quality.