2025

AI-Powered Banking: Enhancing Engineering Efficiency & Test Automation with GenAI

Entrant

Latha Ramamoorthy

Category

Innovation in Technology - Artificial Intelligence (AI)

Client's Name

Country / Region

United States

As VP - Technical Product/Program Manager at a leading global financial institution, I drive large-scale AI-driven transformations, leveraging Generative AI (GenAI) to optimize engineering productivity, automate testing, and accelerate software delivery. Our mission is to enhance efficiency, reduce costs, and improve software quality while ensuring security, compliance, and stability.

Key Innovation: TrueCD Contract Testing Using Codeium

One of our most transformative initiatives, TrueCD Contract Testing, leverages GenAI-powered automation to overcome the complexity of API contract testing. With Codeium, we have achieved:
• 99% reduction in testing time (from weeks to minutes)
• $10M+ in annual cost savings by eliminating manual test scripting
• 8+ scrum teams' worth of engineering capacity freed up for innovation
• 50% fewer API-related production failures, improving reliability

By enabling engineers to generate comprehensive test suites from a simple prompt, TrueCD has redefined software testing in banking.

Scaling AI for Engineering Productivity & Test Automation

Beyond contract testing, our AI-driven initiatives have led to:
• 40% faster software release cycles, reducing time-to-market
• 3x increase in automated test coverage, improving validation.
• 30% reduction in manual testing efforts, allowing engineers to focus on innovation

AI-Powered Test Automation & Defect Prevention

By integrating self-healing automation and predictive defect analysis, we have achieved:

• 35% reduction in test maintenance time, increasing efficiency
• 65% fewer post-release defects, ensuring system stability
• AI-driven anomaly detection, enhancing issue resolution

Industry Impact & Future of AI-Driven Banking

Our GenAI-powered solutions set new industry standards for efficiency, quality, and scalability:
• $10M+ in cost savings & 8+ scrum teams’ worth of reallocated capacity
• 99% faster contract testing & 40% faster release cycles
• 50% fewer API failures & 65% fewer post-release defects

Through AI-driven automation and next-gen testing frameworks, we are shaping the future of banking technology—delivering software at an unprecedented scale, speed, and quality.

 
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