VeriPark Appraised at CMMI Maturity Level 3
October 16, 2020
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.
Stating on the achievement, Zubair Ahmed, EVP, General Manager MEA, VeriPark said, “We are extremely delighted to achieve the prestigious CMMI Maturity Level 3 appraisal. This is a major milestone for us along our journey of constant improvement and relentless innovation. It proves our commitment to consistently providing our customers with the highest levels of quality standards and repeatability.”