LambdaTest, a GenAI-powered quality assurance platform, has entered into a strategic partnership with Lab49, a leading capital markets strategy, design and technology consulting firm, to help financial services firms modernize their software testing and accelerate digital innovation.
The partnership combines LambdaTest’s next-generation, AI-native test automation capabilities with Lab49’s proven track record of delivering enterprise-grade solutions to the world’s leading financial institutions. Together, they aim to accelerate digital transformation initiatives by developing faster, smarter, and more resilient software delivery pipelines.
“With increasing digitalization and increasing regulatory pressure, especially in the financial sector, software testing needs to become faster and more accurate,” said Sudhir Joshi, Vice President – Alliances and Channels at LambdaTest. “Lab49’s deep FSI domain and technology expertise perfectly complements the strengths of our AI-native testing platform. This partnership enables financial institutions to reduce release risk, accelerate delivery, and enable exceptional digital experiences.”
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With increasing demand for secure, scalable, high-performance applications in banking, trading, and wealth management, the collaboration between LambdaTest and Lab49 will help institutions adopt intelligent testing strategies. By leveraging AI-driven automation, self-healing test execution, and high-quality, real-time insights, teams can reduce testing cycles and improve time to market.
“Our customers face tremendous complexity and pressure to innovate within tight regulatory frameworks,” said Kaim Khairov, Head of Engineering at Lab49. “By partnering with LambdaTest, we enable them to leverage AI-native automation to streamline quality engineering, minimize operational risk, and accelerate the delivery of robust digital platforms.”
This strategic alliance strengthens the two companies’ commitment to reshaping enterprise software testing and enabling the future of intelligent, AI-powered technology in financial services.
Source: BusinessWire