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TMCNet:  Erste Group Card Processor Counts on Paragon Application Systems during Migration to SmartVista

[March 18, 2014]

Erste Group Card Processor Counts on Paragon Application Systems during Migration to SmartVista

HOLLY SPRINGS, N.C. --(Business Wire)--

Erste Group Card Processor (News - Alert) (EGCP), the internal card processing arm of Erste Group, one of the largest financial services providers in the eastern part of the European Union, recently licensed FASTest, the popular function/regression testing solution from Paragon Application Systems, to speed and simplify their migration from their legacy switch to BPC's SmartVista.

EGCP required a solution that would simulate and test all of the endpoints of their transaction processing for complete function and regression testing during the migration process. Paragon provided FASTest for the following financial message formats: Visa, MasterCard (News - Alert), SPDH, HISO 87, HISO 93, ATM and BIC ISO. To increase productivity, EGCP schedules tests to run unattended and receives a report with the results. Using the "Compare" feature in FASTest, EGCP can run tests and compare recent test results to previous test results to confirm the reliability of their system.

"We did an extensive internal analysis of available solutions on the market and compared the offers with our needs," says Bo�idar Pavlovic, CTO of EGCP. "Based on the findings we concluded that Paragon FASTest software would be the best fit."

Currently EGCP is using Paragon FASTest software for SmartVista function and regression testing and they plan on using FASTest to test regular system upgrades and mandates.�Paragon provides regular software updates for mandates from MasterCard, Visa and other networks within one month of the network announcing functionality changes.

"Using Paragon FASTest, we can identify performance weak spots which helps u optimize our system," says Bo�idar Pavlovic, CTO of EGCP. "The Paragon team support is timely and proactive, and the cooperation is excellent. We look forward to working with Paragon in the future."

"Our team worked closely with EGCP to ensure that their Paragon testing solutions were of maximum benefit in their migration from legacy switch technology to BPC's SmartVista," says Doug Daggett, EMEA Sales Director for Paragon. "We continue to provide quality support to EGCP to ensure their Paragon testing solutions are helping them meet their business objectives."

About Erste Group Card Processor

Erste Group Card Processor (formerly known as MBU) was founded in late 1993 as a common platform for card business development in Croatia. EGCP's core business is payment cards processing, issuing of debit, credit and prepaid cards, acquiring for ATM, POS terminals and e-commerce. Since 2007, Erste Group has been a major shareholder of EGCP. EGCP is a shared service centre for Erste Group banks' card processing in Central and Eastern Europe. Visit Erste Group Card Processor at www.egcp.com.

About Paragon Application Systems

Paragon Application Systems is celebrating its 20th year of providing ePayment simulation, configuration and testing software solutions to the financial industry. More than 600 financial institutions in over 85 countries use Paragon tools to improve quality and reduce time-to-market. Paragon's broad customer base includes major interchanges, processors, leading software providers, banks and credit unions. Visit Paragon Application Systems at www.paragonedge.com, follow our blog at www.emv411.com, follow us on Twitter (News - Alert) @ParagonEdge, LinkedIn, Facebook, or email info@paragonedge.com.


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