The evolution of automated testing

Why is manual testing no longer enough in the financial industry?

Vaibhav Shukla, Senior Vice President Global Services at Itiviti, explores trends and provides insights into the benefits of automating testing processes, in terms of efficiency as well as compliance.

VeriFIX by Itiviti

VeriFIX by Itiviti is the industry standard for comprehensive FIX testing before “going live” with complex deployments.VeriFIX by Itiviti helps automate the costly and error-prone process of manually testing your trading system, reducing dependencies on counterparty test environments.It also accelerates development and deployment of FIX and proprietary protocol components within trading systems.

80% customer satisfaction

A recent survey conducted by third party TechValidate showed that 80% of VeriFIX by Itiviti users would recommend the product to others.

Automated Testing Video Series

What to consider when testing a trading system

 

How to design for effective automated testing

 

Itiviti also delivers Testing Automation as a service, providing:

  • Enhanced support capabilities.
  • Technical expertise.
  • FIX expertise.
  • Process savings.
  • Increased productivity for testing and daily systems operations.

Find out more

 

Automating client onboarding

MiFID II also will also require the re-certification of almost all client connections.

This is a labor-intensive process that can be rendered much more efficient by automating the onboarding and certification process.

Itiviti MiFID II Certification Solution

MiFID II requires changes to nearly all FIX order flows.

Itiviti's certification solution for MiFID II uses the industry leading Itiviti Conductor onboarding and certification product. Available in either a managed or deployed manner, it enables you to meet the challenges of certifying and recertifying counterparties to ensure MiFID II compliance.

Itiviti Conductor

Itiviti Conductor is a pre-packaged solution to reduce cost and time to onboard new market participants.