LambdaTest has formed a partnership with Lab49 to enhance artificial intelligence (AI)-driven software testing in the financial services sector.
This collaboration aims to modernise testing processes and foster digital innovation among financial institutions.
The partnership merges LambdaTest’s AI-native test automation capabilities with Lab49’s expertise in delivering solutions for leading financial entities. The joint effort seeks to expedite digital transformation initiatives, allowing for more efficient and resilient software delivery.
LambdaTest provides an engineering platform that facilitates intelligent testing and faster deployment. It offers a testing cloud featuring over 10,000 real devices and 3,000 browsers.
The platform supports frameworks such as Selenium, Appium, and Playwright, incorporating AI tools like HyperExecute and KaneAI for streamlined automation testing.
LambdaTest alliances and channels vice president Sudhir Joshi said: “With growing digital adoption and increasing regulatory pressure, particularly in the financial sector, software testing must evolve beyond speed and accuracy.
“Lab49’s advanced FSI domain and technology expertise perfectly aligns with the strengths of our AI-native testing platform. This partnership enables financial institutions to reduce release risk, accelerate delivery, and provide exceptional digital experiences.”
Lab49, part of the ION Group, is a consultancy engaged in providing specialised technology solutions in finance. The firm is said to has completed various projects for top-tier investment banks and major buy-side firms worldwide.
With expertise in finance-focused strategy, design, and product development, Lab49 tailors solutions to meet complex client needs.
The collaboration addresses the growing demand for secure and high-performance applications within banking, trading, and asset management industries. Through AI-driven automation and real-time insights, the partnership aims to reduce testing cycles and accelerate time-to-market for software products.
Lab49 engineering head Kaim Khairov said: “Our clients face immense complexity and pressure to innovate within tight regulatory frameworks.
“By partnering with LambdaTest, we’re enabling them to harness AI-native automation to streamline quality engineering, minimise operational risk, and accelerate the delivery of robust digital platforms.”
