VeriPark has been appraised at level 3 of the Capability Maturity Model Integration for Development (CMMI-DEV V1.3 level 3)
The Capability Maturity Model Integration (CMMI)® is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance. Among the highest form of third-party validation, the CMMI Institute’s maturity levels are recognized as a measure of a company’s ability to reliably deliver services and solutions.
An appraisal at maturity level 3 indicates VeriPark is performing at a “defined” level. At this level, processes are well characterized and understood, and they are described in standards, procedures, tools and methods. VeriPark’s set of standard processes, which is the basis for maturity level 3, is established and improved over time. The maturity level 3 appraisal also shows that VeriPark readily adapts to change and has taken a proactive approach towards managing process improvement. It demonstrates our continuous commitment to deliver high-quality solutions for the financial services industry.