Improving onboarding and testing via automation may be more than a differentiator, it may be important for long term viability. The complexity, high transaction rates, the requirement for extreme low latency, the emergence of autonomous algorithmic trading agents in the market, a number of spectacular market anomalies and the resultant regulatory response have increased the scrutiny of venue quality, stability, and testing infrastructure.
The lack of continuous availability to test environments that operate autonomously, the need to provide a more robust testing system, the lack of breadth and depth of testing as well as the reliance on manual testing; all lower the perceived value of certification and onboarding.
This document is a summary of how recommended procedures can enhance quality and service strategies for venues.
FIX Infrastructure The financial industry is constantly evolving, driven by a mix of new business and regulatory requirements. The imminent application of MiFID II in Europe is a case in point that is spurring a tectonic technology change. With a high pace of industry change and the cost of errors even higher, the quality assurance function is […] June 21, 2017
FIX Infrastructure It was a pleasure to have an opportunity to speak at the 2017 Americas Trading Briefing, which was graciously hosted by Goldman Sachs. As usual, the room was filled with more than 250 senior market participants and 25 expert speakers to discuss important topics, trends and issues we face together as the FIX Trading Community. […] June 7, 2017
FIX Infrastructure As the speed and complexity of automation rises, market participants have a duty to ensure that they pursue and maintain best practices. Read the full article here. This article by Jim Northey, Senior Vice President, Strategy and Research, Itiviti was first published in the Electronic Trading Journal-GlobalTrading, Q2 2017 Issue #62. June 1, 2017
FIX Infrastructure Why is the manual testing of financial software no longer enough? Vaibhav Shukla, Senior Vice President Global Services at Itiviti, provides insights into the benefits of automating testing processes, in terms of efficiency as well as compliance. May 23, 2017