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

Exactpro and Athens Stock Exchange Publish Case Study on Successful Trading System Migration

Subscribe to our newsletter

Exactpro, the software testing company, and the Athens Stock Exchange (ATHEX) have jointly released a new case study entitled “Athens Stock Exchange Trading System FIX Migration – OASIS Upgrade Testing & Coverage Analysis.” The study focuses on the data-driven passive testing and functional test automation approaches used by Exactpro to assist the migration of the ATHEX trading system to a new FIX server.

The case study outlines the benefits of data-driven passive testing in verifying the quality of large-scale transaction processing systems. The project’s testing scope encompassed functional and regression testing of the changes introduced to the ATHEX trading system. The study also highlights how passive testing and results analysis automation tools facilitate the use of advanced data analysis.

Nikos Antonopoulos, Head of the Trading Systems Development department at the Athens Exchange Group, commented: “Exactpro has been a valuable partner to ATHEX for several years now. This collaboration has led to the creation of an extensive test library that has been critical in automated regression testing across multiple versions, leading up to the introduction of ATHEX FIX.”

He continued: “After a particularly demanding project with significant risk factors, ATHEX FIX is currently live marking a smooth and incident-free transition to production, without disrupting our daily operations. We are proud we have achieved the desired performance goals, with a nearly 50% reduction in round-trip time for ATHEX colocation clients. The tools and expertise provided by Exactpro have been instrumental in accomplishing these goals.”

Co-CEO and co-founder of Exactpro, Iosif Itkin, highlighted the benefits of passive testing for ensuring the success of initiatives such as these. “The approach we have described enables us to create comprehensive test libraries, automate regression testing and passive reconciliation checks, monitor the system’s performance and health over time, detect floating issues and issues manifesting themselves under unique conditions, such as when the system is stressed, which is a crucial type of validation for high-availability mission-critical financial platforms prone to high-volatility risks.”

He added: “Using passive property testing for data annotation is what drives Exactpro’s new AI Testing strategy and we will continue further enhancing the Exactpro testing service with data-driven tools and techniques. We have enjoyed working with the ATHEX team and will be happy to support future innovation initiatives by our partners.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Competitive Edge with Outsourcing and Managed Services in Trading Technology

Outsourcing has emerged as a strategic solution for capital markets firms as trading technology infrastructures become more complex, data volumes grow exponentially, and regulatory pressures intensify. .By leveraging third-party expertise, firms can optimise operations, reduce costs, and focus on innovation in their trading technology stack. Outsourcing potentially enables firms to scale seamlessly, meet regulatory reporting...

BLOG

Murex Completes SOC 1 and SOC 2 Type 2 Attestations for its SaaS Platform, MXSaaS

Murex has completed SOC 1 Type 2 and SOC 2 Type 2 attestations for its software-as-a-service (SaaS) platform, MXSaaS, covering the period from July to December 2024. The examinations, carried out by KPMG, were finalized with no exceptions noted, building on the SOC 2 Type 1 attestation obtained in July 2024. These independent assessments are...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...