Monticello’s Testing Governance Supports Large-Scale Regulatory Change

There are many challenges to overcome when building quality into the delivery of enterprise-wide strategic initiatives, such as system conversions and new product rollouts. At Monticello Consulting, we have developed and refined a framework to ensure that quality is integral to the program from the outset, starting with the generation of high quality business requirements that are traced through to completion in our comprehensive test plans. Once testing is initiated, our test governance team supports all essential components of testing. Whether in an Agile or a Waterfall program, our framework incorporates information feedback to achieve ever-higher levels of quality in the end product.


If implemented properly, Agile has the opportunity to significantly improve quality while lowering the total cost of QA. While traditional quality programs rely heavily on testing at the end of a product development cycle, Agile introduces QA to each sprint. This builds quality into the development process itself and reduces reliance on significant post-development inspection.

For more information on our consulting services for Agile QA, click here.

Our consultants understand that for organizations to survive they must adapt to the disruptive forces, both internal and external, that are effecting continuous change to their operations. The challenge today, for many of our clients, is to not lose sight of the importance of quality in the face of these rapid changes. At Monticello Consulting, we view quality as an integral part of the organizational mindset—as important as a particular set of tools or testing routines.

MCG’s testing governance program has a global reach.  For the new MiFID II regulation put forth by the European Securities and Markets Authority, Monticello was contracted to manage the entire testing governance plan for OTC derivative products for one of our largest clients.  The testing impacts 31 countries and over 20 different businesses of our client.  Due to the strict audit requirements, it was essential that our client have thorough and complete reporting, as well as fluid traceability for the test scenarios.  Monticello created a test plan that allowed senior management to get a clear picture of the entire program, as well as the ability to drill down to requirement-level test cases.  In 2017, Monticello Consulting remains actively engaged in this industry-wide effort by managing the testing governance for clients with compliance obligations to the global regulatory regimes for reporting complex and potentially risky derivatives.