Category Archives: General Musings

New Software Testing and Business Analyst Work Experience and Mentoring Programme launched

Are you an aspiring Business analyst or Software Tester? Have you done a whole bunch of Business Analysis training or Software Testing training and now know all the theory basics? Fantastic. But there’s only so much studying that you can do towards landing that dream job.

The truth is that the more project experience you have the better prepared you will be when it comes to facing tough questions at your interview. Especially if they are scenario-based and set up to see what approach you will take and whether your current skillset will add value. Furthermore, after successfully bagging the job knowing exactly what to do for each task you are saddled with is very important if you want to keep it.

We have now launched a new work experience and mentoring project to give you that valuable experience you need.

Why is this aimed at Business Analysts and Software Testers?

We strongly believe in the “Three Amigos” concept. This involves a business analyst, a tester and a developer all coming together and reviewing anything that has been created for the project. As a group they ask any questions and define a clear view of what is being developed.

This type of group is best formed at the very beginning of the development process. They will oversee and have input from the initial planning stages all the way through to release. They are usually the group that does demo acceptance or actively organizes and directs the workflow. The main focus is for the team to show that they understand what they need to do. And they do this through questions, discussions of concrete examples, and proposed solutions. All this helps to mitigate issues later in the development cycle

When working in this fashion there is huge scope for team members to develop  a wide range of skills (including Agile, User stories, Project backlog, backlog grooming, Test Plan, Test cases, Test reports, Defect management, Change management, etc)

The project
The next project on the cards for our Business Analyst’s and Software Testers will involve enhancements to an existing financial course bookings web portal. The project will be run in an agile mode and will be lead by a team of experienced Senior Business Analysts and Test Managers.
As you know for software products already developed, there is still a need to maintain and update it to fulfil the changing needs and demands of the users. As such good quality long-term support that can allow the effective implementation of any changes is required. The Project team will be expected to map as-is,to-be, analyse current requirements/change requests, hold story-sizing meetings, propose enhancements for client to review, create to-be flow charts , interpret, manage and test change requests accordingly.

online meeting of BA's and QA's

We are now inviting aspiring Business Analysts and Software Testers to join the project and get a feel for working on a  live application with various modules being built.

We are now taking registrations from aspiring Business Analysts and Software Test Analysts for this programme. If you want to be part of this exciting team please sign up on our dedicated IT professional training website: careertesters.com before October 23rd 2020.

Remember, there is no need to visit our training centre to participate as everything is done online via Zoom or Google Meet. As long as you have access to the internet and time available in the evenings to attend meetings then you will be just fine.

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

if you don’t have any knowledge and want to train as a business analyst see details of our standard business analysis training here.
if you don’t have any knowledge and want to train as a software test analyst see details of our standard software testing training here.

Covid-19? Why CeMAP Distance Learning makes perfect sense

 

cemap distance learning

With the whole country more or less on lock-down due to Corona Virus concerns the question is how will this impact on your training requirements  to attainyour CeMAP qualification.

Obtaining Certification for Mortgage Advice and Practice (CeMAP) is the starting point  for future mortgage advisers in the UK. This is a necessary qualification to become a licensed mortgage advisor  or work in a mortgage company. Including CeMAP on your resume is a  key requirement for your mortgage career.  As such taking an organised, well thought out approach to your mortgage training and certification is paramount.

The most effective way of understanding the vast CeMAP syllabus is to attend  a classroom  course where you can fully immerse yourself without any distractions. but in the light of whats going on at the moment ;  You may not fancy travelling anywhere or are forced to self-isolate then the next best thing to CeMAP Classroom training is distance learning CeMAP training .

Here are some key advantages of CeMAP Distance learning so that you can decide if this is for you.

– CeMAP  distance learning  is flexible and convenient. Learners have the ability to work any time and at any place both with an internet connection or even without. As we also send you hard copies of  our  core CeMAP training material

– Learners work at their own pace

– Saving of transportation cost (and time) with not having to commute to and from Training location.

–   video explainer’s and MP3 files provide visual and audio learning that can be reviewed as often as needed.

– The ability to communicate with fellow classmates independent of spatial distance (Via our online forums and tutor co-ordinated webinars)

Our distance learning cemap option includes:

  • Coaching by Mortgage industry pro’s (tutor+ option)
  • Support for 1 whole year
  • Telephone/group conference support sessions (tutor+ option)
  • Unlimited email support. (tutor+ option)
  • Free tutorials/webinars (tutor+ option)
  • CeMAP study group
  • Recorded lectures
  • Free guidance on syllabus updates (tutor+ option)
  • CeMAP 1, 2 & 3 classroom slides
  • Full CeMAP 1, 2 & 3 Mock Exam question papers
  • Access to more exams and resources in our Virtual Learning Zone.
  • Our two CeMAP Revision Books; UK Financial Regulations Made Easy and Mortgages Made Easy.

 

So if you are stuck thinking about what to do about this situation you might find that our cemap distance learning option is a more convenient, flexible and in the end, effective training solution.  Find out more about our CeMAP distance learning courses here or call us on 020 8443 2888

RPA: Why IT folk should sit up and take note!

Yes,  I’m talking to you Project Managers and Business Analysts !

“Change is coming and will impact how business is conducted in ways we are not able to comprehend today”.  This is a statement amplified by the Shared Services and Outsourcing Network (SSON)’s 2019 industry survey.

Fact: intelligent automation is the fastest-growing technology with the greatest power for disruption and will replace higher-level cognitive human abilities with a far greater capacity for volume, analysis, accuracy and consistency.

Robotic Process Automation (RPA) is a software-based technology utilising software robots to emulate human execution of a business process. This means that it performs the task on a computer, uses the same interface a human worker would, clicks, types, opens applications, uses keyboard shortcuts, and more.

It is most suitable for rules-driven, data-intensive processes, that are repetitive in nature, e.g. execution of data entry into SAP or other ERP, systems or a full end-to-end business process. In a nutshell, it can help organisations optimize various work-flow processes that can be performed against a set of business rules programmed to start and stop at a specific time.

Right now RPA is having such a significant impact on business strategic objectives and futuristic goals more than any other point in time. The question is why has RPA taken so long to gain the momentum its currently enjoying?

The answer comes as no shocker to me. They say change is the most constant thing in life, but humans have this sometimes-subconscious state of mind whereby we pose a resistance to the simplest of change(s) occurring in and around our surroundings, and the workplace is a primary example of this.

From the Board of Directors being understandably jittery when making key decisions regarding changes to their strategic objectives and goals  given that they know each decision could potentially take the business to the next level in terms of its ROI, reputation and market share value, but also send them down under if things happen to go wrong, down to employees worried about how these changes could impact their lives overall i.e. salary and employee benefits, well-being, their specific job roles, hierarchical position at the company, and most importantly; job security.

It is no surprise that the biggest barrier to RPA deployment within organisations thus far has centred around the perceived notion that human jobs will be affected by it. Critics argue that the widespread elimination of jobs will occur and that working environments will be turned on their heads. There is no denying that some jobs will be replaced by RPA, the most likely candidate being people tasked with data entry responsibilities. However, this would be ignoring the wider picture as there are a wide array of job roles that may emerge because of RPA.

Historically, new technology has almost always resulted in the creation of more jobs, and the widespread incorporation of RPA will be no different. For example, RPA engineering and RPA developers are roles that wouldn’t exist without the technology. It won’t just create new jobs, it also has the ability to enhance current jobs, by providing human workers with the necessary robotic process automation tools to focus on high-value tasks. One of the major draws of RPA is that it enables automatable work, relieving human workers from repetitive clerical processes such as data entry and data manipulation, allowing human workers to focus on complex value-adding tasks that elevate a business.

 

Also, it aids the reduction in human error and costs. Foibles to which human workers are prone, particularly during long repetitive tasks caused by tiredness and boredom are completely mitigated with RPA. This results in work that is more accurate, timely and consistent, ensuring that time and money isn’t lost correcting old work or creating duplicates. It is important to also highlight that it is easy to configure so developers do not need programming skills. RPA interfaces work much like Visio, by dragging, dropping and linking icons that represent steps in a process. Code is generated automatically behind the scenes.

Furthermore, one of the most significant benefits of RPA is that the software is non-invasive as it sits on top of existing systems without the need to create, replace, or further develop other platforms. RPA software accesses other computer systems through user interfaces with a login ID and password (like a human) and through the presentation layer, so no underlying systems programming logic is touched.

Recently, I was having an interesting conversation about RPA with a very good friend of mine, an expert in Civil Engineering who works with one of the world’s leading firms in infrastructural design and development, with regards to the prospects of RPA and the potential impacts on busines strategies going forward. He gave a candid insight on the topic during this fantastic lengthy discussion. He laid emphasis regarding the uncertainties surrounding businesses and how key decisions are currently been driven by fast-paced innovative technological developments on a global scale, as well as the need for organisations to stay competitive.Thus, business decisions such as fully embracing intelligent automation although may lead to cutting off some human resources, the underlying fact is that it may be the most suitable approach in achieving business goals going forward in terms of being cost-efficient and maintaining a steady ROI.

Estimates vary, but employees can spend anywhere from 25-45% of their time on manual activities that could be automated. Entrenched “bad” practices are a common culprit along with insufficient process discipline. One solution to these “processing” ills can certainly be the application of RPA, which follows rules, is standardized and does not make mistakes. Identifying the right process, however, is the single most important step in ensuring a successful RPA implementation. (SSON’s 2019 industry report confirms “wrong process selection” as the leading cause of RPA project failure.)

The ideal candidate process for RPA is rules-based (thus easily encoded), repetitive, manual, routine, and involves steps with easy identification of exceptions. In addition, the data should be structured (i.e., easily accessible and consistently formatted). In identifying optimal candidates for RPA, look for where rigid applications don’t integrate with systems, creating blockages. The wins here are about capturing the low hanging fruit to demonstrate the validity of the solution, drive results, and build internal experience and competencies.

A common mistake is to choose a process that causes the greatest headaches. This is often a highly complex, multi-step process where automation, it is believed, will simply make the problem go away. This rarely works as the complexity of the process frequently prevents building a more fully automated solution in a timely manner. This approach can quickly get bogged down, giving RPA a bad name and resulting in perceived “failure” that could have been avoided with more strategic foresight in evaluating the process.

In summary, thinking back to the GDPR storm 3 years ago that swept all of Europe. A lot of IT Professionals (i.e Business Analysts and Project Managers) were not well-prepared both skill and knowledge wise, to take on the enormous amount of GDPR projects that became suddenly available. As a result, they eventually missed out on sizable pay packages and huge job opportunities.

Also significant is the fact that the recent victory of the British Prime Minister Boris Johnson with his Brexit deal in the House of Parliament ensures that the UK will leave the European Union come the 31st of January 2020, and negotiations currently slated to be concluded by the 31st of December 2020 according to the Article 50 agreements, will play a massive role in influencing business strategies going forward, and simply points to the fact that businesses may well be entering an era of financial perplexity.

Hence, as Business Analysts or Project Managers the question we should be asking ourselves at the moment is, do we wait for the wave to sweep us away unprepared like the GDPR storm took us by surprise, or do we embrace RPA and start preparing and equipping ourselves in this ever-changing digital world?

If you are interested in learning more about our RPA training  please click here

Article by Tammy T  Futuretrend’s RPA course consultant  see his bio here

 

 

 

Calling all CeMAP qualified students…The Money Hub is hiring!

Recruitment drive is on at one of our Mortgage industry contacts.
Please see details and how to make contact below:

If you are seeking a new challenge we have a brilliant opportunity for fully qualified CeMap advisers to join our thriving mortgage brokers working from our offices in Hadleigh, Essex.

The Money Hub is Directly Authorised and we offer our clients a full range of products including mortgages, loans, insurance, bridging and commercial finance. As a Cemap qualified Adviser with The Moneyhub you’ll be able to develop your career and enjoy the benefits of working under a successful organisation that provides the support necessary to help you achieve success.

We will provide you with:

  • Pre screened qualified leads from our own website
  • Excellent in-depth training and ongoing compliance support
  • A generous commission split with a high level of uncapped earnings
  • Administration support
  • Access to CRM & sourcing systems

A successful candidate must:

  • Be pro-active, driven and hard working
  • Be outgoing and able to create a good rapport with clients
  • Be professional and knowledgeable
  • Adhere to the company and industry compliance standards
  • Be able to call clients who require assistance sometimes in the evenings and weekends

This is mainly a telephone based role although if you wish to meet with clients you can.

THIS IS A SELF EMPLOYED ROLE – Commissions will be paid on a weekly basis

Expected target earnings £43,200 to £55,000

IF INTERESTED PLEASE CALL THE OFFICE ON 0203 725 5830 AND ASK FOR MATTHEW.
don’t forget to mention that you got the hook up from Futuretrend. our cemap website and course details can be found here www.cemap123.co.uk

New Software Testing and Business Analyst Work Experience and Mentoring Programme launched

Latest Work Experience Project for Software Testers and Business Analysts

There’s only so much studying that you can do towards landing that dream job.The truth is that the more project experience you have the better prepared you will be when it comes to facing tough questions at your interview.
online meeting of BA's and QA's

BA Wireframes

We have now launched a new project to help give you that experience you need. These are the project details:
The Client is aiming to develop a comprehensive payroll engine that is Fully Customizable, Platform independent with User-friendly interfaces.
The IT team must develop a system that can focus on the core area of resource management and other administrative activities related to the human resource department. The application must provide an easy, accurate and timely retrieval of Employee and activity-oriented information through menu-driven, user-friendly operations.
The Payroll software must be designed to meet the information need of all levels of Management and facilitate Decision Support, Planning, Monitoring, Control of Daily Activities.

The Software should intake all the raw data of an organization and mould it into a powerful strategic management tool. The Software should enable managers to better understand what exactly is happening in the workforce, given the fact that managers have less time to analyse events within the organization, react and take a quick but correct decision.
Software must help in this aspect by giving a graphical analysis of the data required.

Besides developing the project following the industry best practices, participants will get an opportunity to learn, familiarise and work on complex processes used across the board in many accounting/HR and financial  organisations.

Business analyst use cases

We are now inviting aspiring Business Analysts, Project Coordinators and Software Testers to join the project and get a feel for working on a  live application with various modules being built.

There is huge scope for team members to develop  a wide range of skills being involved in a project like this (including FRD, BRD, SCope doc, UC, User stories, UML, RTM, Change management, Project backlog,
Test Plan, Test cases, Test reports, Defect management etc)…and get valuable work references as well.

We are now taking registrations from aspiring Business Analysts and Quality Assurance Analysts (Software Testers) for this programme. If you want to be part of this exciting team please sign up before September 10th 2017.

Remember, there is no need to visit our training centre to participate as everything is done online. As long as you have access to the internet and time available in the evenings to attend meetings then you will be just fine.the testers use Jira for defect tracking

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

New Work Experience Project for Software Testers and Business Analysts Launched (Cohort 7)

Latest Work Experience Project for Software Testers and Business Analysts

We’ve been listening to what our students have been saying and now we’ve got the ideal project for those looking to build their experience in the financial/insurance domain.online meeting of BA's and QA's

BA WireframesThe Software application being built enables insurance companies to analyze claims, surrendering of policies, loans against insurance, processing payouts and many other related features.

Various insurance specialists based on function, role and expertise will access the software for compiling, manipulating, displaying and transforming insurance data.

The software will handle business from the initial quote through to renewal, supporting all types of Insurance.
A full suite of tools is to be included to manage ratings, equations, referrals and business logic.

The software also simplifies and accelerates claim submission and payment processes. It incorporates complete claim life-cycles, from FNOL (first notice of loss) through to reimbursement.  claims will be managed using a variety of tools, including Mobile App technology for submission, dedicated claims areas for agents, brokers and claims administrators.

Besides developing the project following the industry best practices, participants will get an opportunity to learn, familiarise and work on complex processes used across the board in many insurance and financial insurance organizations.

Business analyst use cases

We are now inviting aspiring Business Analysts, Project Coordinators, Software Testers to join the project and get a feel for working on a  live application with various modules being built.

There is huge scope for team members to develop  a wide range of skills being involved in a project like this (including FRD, BRD, SCope doc, UC, User stories, UML, RTM, Change management, Project backlog,
Test Plan, Test cases, Test reports, Defect management etc)…and get valuable work references as well.

We are now taking registrations from aspiring Business Analysts and Quality Assurance Analysts (Software Testers) for this programme. If you want to be part of this exciting team please sign up before July 7th 2017.

Remember, there is no need to visit our training centre to participate as everything is done online. As long as you have access to the internet and time available in the evenings to attend meetings then you will be just fine.the testers use Jira for defect tracking

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

CeMAP questions from our Virtual Learning Zone (Part 6)

Every month we go through our CeMAP forums at http://www.cemap123.co.uk   and  http://www.futuretrend.org.uk/vle/  to see what interesting queries have been dziners-org-discussionposted.  Students have access to this  as part of their CeMAP Training programme. This is not only a fantastic resource for  post classroom or distance learning CeMAP study but also provides a whole years access to an eco-system of like-minded folk. and if a tutor is too busy (as was the case with the query below…both CeMAP tutors David and Malik were teaching at the time); what you will find is that there are always other students ready to help;

This months CeMAP query comes from Richard currently studying CeMAP 2.

Richards’s Question:

Morning all,

May be I’m being a bit thick here (!!) But I need help understanding the below please.

I need assistance with the deed of postponement, relating to second charges. In the notes it states:-

To set aside a 2nd mortgage, the original lender requires a deed of postponement that MUST be executed. The D.O.P will postpone the 2nd charge, and make it possible for the original lender to “Tack” a subsequent mortgage (third charge) to an original one.

Errm, can someone help my brain comprehend this please?

Thanks,
Richard

James recently completed his CeMAP Fast Track training with us and came to Richards rescue.

James’s answer:

Hi there,

It’s all to do with the order that payments will be allocated in the event of a repossession, the first charge (original mortgage) will be paid first, then the second charge, and if there’s a shortfall then the second charge lender is at more risk of losing their money than the first charge lender.

If the original lender wishes to increase their lending, that will be added to the original loan, and will be repaid in the event of a repossession before the second charge lender receives their money, so they would need a deed of postponement from the second charge lender to make sure that they agree to that happening, if they believe that it would be too much of a risk then they won’t agree to it.

An example:

Original mortgage is £100,000, there’s a second charge loan for £25,000, totalling £125,000 borrowing secured on a £200,000 property.

The customer approaches their first charge lender to borrow an additional £50,000, this would take the total borrowing to £175,000, the original lender can be pretty confident that their £150,000 can be repaid if the house is repossessed, but if property values drop and the house can only be sold for £160,000 then the original lender will have received their money back, but the second charge lender will have lost £15,000. 

The deed of postponement gives the second charge lender the chance to refuse to allow the additional borrowing to be tacked on to the loan that will be repaid before they are able to reclaim their money.

Hope that helps,
Give me a shout if you need any more clarification.

New Work Experience Cohort for Business Analysts and Software Testers Launched

Here’s a chance for aspiring Business Analysts and Software Testers to get stuck into some real online meeting of BA's and QA'slive work experience!

BA Wireframes
The most recent project which started on February 6th has been extended due to additional requirements. The project involved building an e-commerce platform where Corporates, Individuals, and families can interact digitally with professional,  certified Interior designers to create custom concepts with a view to obtaining bespoke design solutions for their home or office.

 

The Project also includes the build of  a module which will include assigning of Designers, sharing concepts, User interaction, choosing designer packages etc

Business analyst use cases

We are now inviting additional aspiring Business Analysts, Project Coordinators, Software Testers to join the team and get a feel for working on a  live application with various modules being built.

There is huge scope for team members to develop  a wide range of skills being involved in a project like this ( FRD, BRD, SCope doc, UC, USer stories, UML, RTM, Change mgmt, Project backlog
Test Plan, Test cases, Test reports, Defect management etc)…and get valuable work references as well.

We are now taking registrations from aspiring Business Analysts and Quality Assurance Analysts (Software Testers) for this programme. If you want to be part of this exciting team please sign up before May 2nd 2017.

Remember, there is no need to visit our training centre to participate as everything is done online. As long as you have access to the internet and time available in the evenings to attend meetings then you will be just fine.the testers use Jira for defect tracking

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

The UK Stock Market this week (for those learning about stocks and shares)

The FTSE was slightly down yesterday, closing at 7338.99 (-0.15%)

The west’s leading economic think-tank (OECD) has raised its outlook for the UK this year. The pairs based organisation has predicted the UK economy will grow by 1.6% this year. The forecast has increased from the 1.2% predicted in November 2016. The increase growth percentage is a positive for the Share Market
Research has shown that the most successful investors are those that invest for the long term. Not everybody is going to be like Warren Buffet – the world’s greatest investor; a leaf that should be taken out of his book is that he is a long-term investor.
As we know, we have traders and investors, and I believe a person’s temperament would determine if a person would be an investor or trader or even both.
For people that don’t like to be stressed out, trading should be something that they think about twice . I don’t think trading is the best route for creative people, I would say medium to long term investing, is a better option.
The reason is simple, stress dissipates energy, and energy is needed to be creative. A long term investor would follow the market, research on opportunities and take action, such an individual, would have a long-term mind-set when picking opportunities and making decisions.
Talking about long-term investments, I saw some interesting news today about a company called Just Eat, it’s on the FSTE 250 index, and it is the second best performer, it is currently trading at 545.50 pence up by 5%.
Just Eat are online takeaway delivery, and as we all know, food is something that people can’t do without,  This factor alone could indicate that it could have good long-term prospects. Obviously, other factors have to must be taken into consideration such as competition, but looking at it logically, it should be on people watch list.

It’s pre-tax profit in 2016, more than double by 163.8%, from £34.6 million in 2015 to £ 91.3 million in 2016. Just Eat are based in the UK, and also have an international market, and there is strong growth in both markets.

So do your research, – fundamental analysis, have a look at the appropriate ratios such as Net profit margins, Price to book value, Long-term debt ratio, etc., Then have a look at the Charts to guide you in the right timing in stepping into the market if you so desire. Try to be patient if the stock/share trading in an old bought territory.

Also in the Financial news is General Motors Europe makers of Vauxhall and Opel are being sold to the company that owns Peugeot and Citroen, for £1.9bn.
Vauxhall and Opel have not made a profit since 1999, so it makes sense in a way, that what they have been doing is not working, and they have finally come to that realisation.
Let’s hope that current employees wouldn’t lose out on this new takeover. Peugeot’s chief executive Carlos Tavares has promised not to shut any Opel and Vauxhall plants after the brand’s acquisition.

Until Next time, keep Believing, Keep Hoping & Keep Loving

Peace Daniel

We offer monthly classes on Stocks, Shares and investments for beginners and advance classes.  To learn how to start investing in the market or take control of your financial destiny enroll on one of our courses or  read more about our stock market training hereshares_training_ad

Daniel Joseph MBA. See Daniel’s Bio here

Futuretrend Training Academy
Financial Training Department.

Get Solid Business Analysis Training and earn £350+ per day

and this is some feedback from those that have taken the plunge just recently…

Classes held monthly visit http://www.careertesters.com/businessanalysis.html or call us on 02084432888