Scenario Testing Approach for Trading Systems
The new market regulations have brought major alteration to the structure of the equities markets throughout Europe. As a result, there are many new private exchanges evolving to compete with the established exchanges. Hence, to stay competent exchanges built technologically and functionally robust trading systems. Generally trading systems are functionally complex and it is equally challenging to test the functional aspect of the system.
This white paper aims to address some of the benefits from the AppLabs scenario testing approach for trading systems.
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“The stability and reliability of our trading platform is paramount to our success. We rely on AppLabs to verify that new software we develop meets MarketAxess' strict acceptance criteria for quality. AppLabs has been our trusted partner as we have grown. They combine an excellent offshore delivery model with an active onsite management component to make sure our testing needs are met. Their CMMI Level 5 rating underscores the quality and strength of AppLabs management and staff.”
Chief Technology Officer, MarketAxess
