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Testing
Home bulletPoint Solutions & Frameworks bulletFIX Examen
FIX Examen™

Securities Applications testing is a high-focus activity requiring deep domain expertise, quick turn-around times due to strict compliance deadlines as well as complete coverage directed towards minimizing risks. To cater to such demands, there is a need for innovative testing techniques.

FIX Examen™ is an end-to-end automated test suite to test FIX Protocol based securities (equities) applications. This solution is customizable according to specific Securities firms’ requirements. FIX Examen™ has its roots from the standard FIX (Financial Information eXchange) Protocol which is fast becoming a de-facto standard for securities trading. FIX Examen™ adopts a unique test case generation methodology and contains test scenarios/cases for pre-trade, trade and post-trade phases. These scenarios are generated based on trading business logic, which are a part of the framework document. The test cases are optimized using statistical techniques for adequate coverage. These are automated end-to-end, using simulators that simulate the entire trading environment. At present, FIX Examen™ caters to
  • FIX v 4.2 compliance
  • FIX v 4.4 compliance
  • MiFID compliance
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