C1 Readiness for Testing
Do you have a Minimum Viable Product (MVP) ready for testing?
Your answer should be provided as Yes or No.
- Have you integrated with any other entities in their development environment? If so, please provide information on which companies you have integrated with.
- Your answer should be provided as Yes or No.
If the answer is yes, please specify the companies and provide information about them.
- Please provide a detailed description of three or four testing scenarios outcomes to remove uncertainty, which could be arising from regulatory technology or business model and could not be reasonably or effectively simulated in a test environment. Specifically for each testing scenario, include a detailed description of the following:
- Testing objectives.
- A thorough description of tests to be performed is required.
- Relaxations/Waivers for any regulatory controls requested by SAMA to be used during testing.
- Associated risks and suggested mitigation plan for each scenario.
- Respective KRIs and KPIs for each testing need to be outlined as well as reference to threshold limits.
- Customer Safeguards to be put in place (eg. compensation to customers for any losses etc.)
- Please attach the testing scenarios (If possible).