Otoma and Matrix Payment Services Announce Strategic Partnership to Provide Advanced Test Automation for Payments and Other Financial Services Applications

JERSEY CITY, NJ, November 03, 2021 (GLOBE NEWSWIRE) – Otoma, a provider of AI-based software testing technology, today announced its partnership with Matrix Payment Services to provide innovative capability to automate tests at financial institutions in the United States and Canada.

The partnership provides new test automation technology and a new service proposition that address the ongoing challenge of testing and implementing constant regulatory and business change in payment, risk and payment systems. compliance. It gives banks unique capabilities to reduce costs and risks by applying intelligent test automation to the implementation and lifecycle management of their most critical systems.

“We are delighted to partner with Matrix in North America,” said Zack Yaniv, Founder and CEO of Otoma. “Matrix has a proven track record of providing first-class technology and service to the North American market and is an ideal partner for Otoma’s technology and market strategy. The partnership will allow banks to better automate, accelerate and optimize the implementation and maintenance of their payments. and risk and compliance applications.

“We believe the best way to help our customers is to bring innovative new technology that delivers increased productivity and lower costs and reduces ongoing risk to their critical systems,” said Renan Levy, CEO of Matrix International Financial Services and Matrix Payment Services. “Otoma’s knowledge-based test automation technology, combined with Matrix’s payment and fraud / AML services specialization, and its operations and relationships with banks across North America bring a new capacity which is indispensable on the market. “

About Otoma

Founded in 2016 and based in Tel Aviv, Israel, Otoma develops next-generation AI-based software testing and implementation technology for financial institutions.

Otoma’s goal is to transform the way financial institutions implement and manage business-critical software applications. Based in Tel Aviv, London, Pune and Warsaw, the Otoma team delivers innovative technology that dramatically improves the process, schedule, quality and economy of implementation, testing and monitoring. financial applications.

To learn more about Otoma, please visit: www.otoma.com.

About Matrix Payment Services:

Matrix Payment Services (MPS) is focused on responding to the growing demand for high quality services in the commercial and commercial payments space. MPS has partnered with leading payment software vendors to provide leading edge solutions and implementations. Its services cover the entire lifecycle of payment systems, from consulting, supplier assessment and selection to implementation, customization and configuration to post-implementation support. . MPS is a division of Matrix-IFS, a leading global specialist, providing business and technology advisory services and solutions specifically for the challenging and complex needs of the global financial industry and capital markets.

Based in Jersey City, New Jersey, Matrix-IFS’s specialized consulting, systems integration and managed services offerings include: payment, financial crime, anti-money laundering, fraud risk prevention , compliance, financial operational risk, cloud and cyber risk management and consulting.

For more information, please visit: www.matrix-paymentservices.com

Contact person: [email protected]

This content was posted through the press release distribution service at Newswire.com.

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