About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Itiviti Ups the Ante on Trading Systems Testing with VeriFIX Enterprise

Subscribe to our newsletter

Recently merged Itiviti and ULLINK have introduced VeriFIX Enterprise by Itiviti, an integrated platform for automated enterprise-level testing of trading systems. The solution expands on VeriFIX by Itiviti, which helps firms automate manual processes used to test trading systems and offers seamless migration from VeriFIX.

Vaibhav Shukla, senior vice president, global services, at Itiviti, explains: “We see a growing awareness among clients that improved, comprehensive testing can provide an effective means of reducing cost and matching the rapid rate of change in trading infrastructure components, which necessitates more frequent validation. VeriFIX Enterprise applies best practices for automated testing, enabling sophisticated test suites that large buy-side and sell-side organisations need. It addresses all functional requirements, while scaling at the enterprise level.”

The solution is available immediately and offers scalability that allows multiple users to test simultaneously on multiple agents. Continuous integration and regression testing lead to faster and more reliable testing cycles and improved quality. It supports multi-protocol testing through unit and isolation testing, which breaks down testing into smaller units for improved accuracy, both for single modules and when performing end-to-end testing. By means of service virtualisation, functional as well as behavioural changes can be tested and emulated.

Using a web-based interface, VeriFIX Enterprise test cases can be executed and viewed through any standard web browser, without the need for client application deployment. Test cases are remotely executed on an execution agent, where results, version control, configuration and test repositories are maintained, facilitating easier maintenance, faster access and extended integration opportunities. The solution also includes real-time report tracking and traceability, enabling instant issue handling and investigation of scenarios, test plans and viewing of historical results.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practices for compliance with EU Market Abuse Regulation

Date: 18 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation,...

BLOG

What’s Behind Trading Technologies’ Agreement to Acquire ATEO?

In a significant move that will augment its post-trade services, Trading Technologies International, Inc. (TT), the global capital markets technology platform provider, recently agreed to acquire ATEO SAS, specialists in post-trade solutions for listed derivatives. The acquisition marks a pivotal step for TT in extending its capabilities into clearing and other essential middle-office technologies and...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...