Itiviti Delivers Multi-protocol Automated Testing for CSE System

Itiviti Delivers Multi-protocol Automated Testing for CSE System
26.06.2017 08:45 am

Itiviti Delivers Multi-protocol Automated Testing for CSE System

Foreign Exchange

Itiviti, a world-leading technology provider for the capital markets industry, and the Canadian Securities Exchange (CSE), the modern and efficient alternative for companies looking to access the Canadian public capital markets, have partnered to deliver a state-of-the-art automated testing solution to enable continuous integration testing and defect reporting in the CSE's multi-protocol trading environment.

To deliver the solution, CSE deployed VeriFIX by Itiviti, the industry standard in automated testing, with multiple FIX protocol versions as well as proprietary binary protocols in order to implement full regression testing of order entry, market data feeds, and regulatory requirements for the CSE Trading System. This full regression testing suite facilitates validation of complete trading workflows across all protocols and interfaces. 

"Itiviti has enabled CSE to regression test our platform and receive automation quality benefits both of which has added operational efficiencies to our release cycles," said David Timpany, Vice President, Technology & Operations for CSE. "Our regression testing time frame has been reduced from multiple people for four weeks to an overnight automated test run with defect report generation. With next day feedback to our development team, we have dramatically decreased the defect turnaround timeframe. These improvements will help us to continue offering our clients a competitive advantage in the marketplace."

Multi-protocol technologies are a top priority at Itiviti. Itiviti's solutions support both industry standard and proprietary protocols and are available for firms looking to redesign or scale-up their trading technology for future client demand. 

"We are pleased to continue to partner with CSE to accelerate deployment of CSE's Trading System and help achieve cost and system efficiencies," said Jesper Alfredsson, President Americas, Itiviti. "Our work with CSE is another example of how Itiviti can help achieve test automation for FIX and proprietary protocols." 

Firms that invest in multi-protocol technologies will be the leaders in offering high quality, reliable market access for a broader range of market participants.

Related News

Forex trading increased by 300% during COVID-19

With 50% month-to-month growth in trading volumes, FX is on a roll - but what will happen when we’re back to normal?

The coronavirus pandemic threw the world... Read more »

Integral Reports Average Daily Volumes of $35.1 Billion in June 2020 Volumes increased 7.7% month-on-month

Integral (, the technology partner trusted by leading banks... Read more »

Sucden Financial Joins TrueFX Clearing Member Network

TrueFX, a purpose-built OTC market designed for the buy-side, today announced that Sucden Financial, a leading global multi-asset execution,... Read more »

AvaTrade expands global presence with new Polish office

AvaTrade, an award-winning forex and CFD broker, has announced the opening of its latest office in Warsaw, Poland. This expansion adds to AvaTrade’s growing... Read more »

Integral Reports Average Daily Volumes of $32.6 Billion in May 2020

Integral, the technology partner trusted by leading banks, brokers, and asset managers to... Read more »

Bank of China teams up with Refinitiv to launch new foreign exchange price prediction app DeepFX

Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel