Source: Spirent Communications
Spirent Communications (NYSE:SPM; LSE:SPT), a worldwide provider of integrated performance analysis and service assurance systems for next-generation network technologies, and Objective Concepts, a leading provider of automated systems testing technology, today announced the availability of the Spirent TradeTest solution powered by Objective Concepts.
The new offering provides the financial securities industry with a highly sophisticated toolset for automated testing of trading systems.
Using real-world market and trading data feed interface simulators for order entry and primary exchange feeds, TradeTest creates a virtual market place in the quality assurance lab. This virtual market allows engineers to precisely replicate, monitor, and record the most complex market-timing related trading scenarios and complex routing across multi-tier applications to fully test trading systems under any market conditions in real-time. TradeTest also allows QA groups to validate and eliminate costly external data feeds, which result in immediate cost savings.
By implementing the TradeTest solution, brokerage houses and market exchanges now have the ability to validate the business readiness of trading software and systems before they go live, preventing system downtime and assuring 100 percent availability of their solutions. This validation is critical to ensuring that trading and order management systems function exactly the way they are expected to during real-world usage. Users no longer need to rely on external testing services because TradeTest allows users to test from anywhere, local or remotely anytime they want to.
"Spirent's TradeTest software provides users with the most realistic environments to test every aspect of their order management and trading systems, and to find and fix problems before costly, real-world errors occur," said Alan Newman, director of marketing - enterprise marketing and Avalanche Product Line, Spirent Communications. "Combined with Spirent's network testing products, we can now offer the financial securities industry the most complete testing solutions available today."
"This partnership also leverages the comprehensive set of Spirent professional services offerings," said George Felber, business manager for Objective Concepts. "This partnership provides financial firms, trading partners and customers the technology and services to assure that their systems will function efficiently and will not fail."