Coverity, Inc., the development testing leader, and Gold-i, an award-winning international integrator of trading systems, today announced that Gold-i has selected the Coverity Development Testing Platform as a strategic part of its mission to ensure high quality and platform resilience for high-frequency trading.
"Software quality is our number one business priority.Issues with our software which prohibit client trading could potentially cause financial and/or reputational losses for our customers. We simply cannot afford to take any risks when it comes to platform stability," said Tom Higgins, CEO of Gold-i Ltd. "We pride ourselves on offering real-time integration between retail brokers and their liquidity providers, with a software platform that runs at over 99.999% accuracy. The Coverity Development Testing Platform helps us to ensure system speed and reliability within rapid software delivery cycles, giving us a real competitive advantage."
As part of its development testing rollout, Gold-i used Coverity Quality Advisor to find and fix critical software defects that could lead to reliability and performance issues, as early as possible in the software development lifecycle. Prior to engaging Coverity, Gold-i already had robust Quality Assurance (QA) procedures in place to ensure the reliability of its tradingplatform, but Coverity offered an additional quality measure that immediately surfaced software issues in the code, directly in the development workflow, so they could be fixed before the code ever made its way to QA.
"Development testing is a key enabler for Gold-i when it comes to ensuring both the speed and resilience of its trading platform," said Jennifer Johnson, VP of Marketing at Coverity. "The race to deliver new software functionality is a critical source of competitive advantage in the investment banking and high-frequency trading market. We are working with some of the world's leading financial institutions to build development testing into their development process as a way to rapidly deliver new software functionality to market while helping to mitigate the businessrisk of software failures."
The Coverity Development Testing Platform enables software development organisations to unify quality and security testing with an integrated, developer-ready solution. Coverity Quality Advisor, a product within the platform, surfaces quality defects in the developer workflow, with accuracy and actionable remediation guidance. The platform is built on the award-winning Coverity SAVE® Static Analysis Verification Engine,which applies multiple patented techniques for accurate issue detection.