Direct Edge deploys Greenline testing tech

Source: Greenline Financial Technologies

Greenline Financial Technologies, a leading global provider of electronic trading marketplace solutions and a CameronTec Company, has delivered a comprehensive testing solution to Direct Edge, America's newest stock exchange offering the next generation of displayed markets.

By leveraging Greenline's VeriFIX, Direct Edge has significantly shortened its testing timelines to increase efficiencies, reduce costs, and mitigate market and reputational risk. Greenline Professional Services supported the project by defining and implementing the test automation strategy.

VeriFIX has helped Direct Edge decrease the timeline for full regression testing from several weeks to a matter of hours. This has enabled shorter test cycles and resulted in quicker release turnaround times, saving time and resources. Direct Edge used VeriFIX to test both FIX Protocol and 11 proprietary protocols. VeriFIX can adapt to multiple phases of the testing lifecycle, and serves as a complement to Direct Edge's lean Software Development Lifecycle (SDLC) processes. Areas of improvement in Direct Edge's development lifecycle include: unit, targeted component level, and continuous integration testing.

Direct Edge offers Connect Edge, a high-speed, low latency network that allows customers to access Direct Edge through multiple Points of Presence (PoP) by cross-connecting from within their own facility to a Connect Edge PoP. In addition, Connect Edge allows customers to leverage their connections to receive raw market data feeds from liquidity destinations including exchanges, ECNs and dark pools, as well as send orders to other market centers.

"The Direct Edge and Greenline partnership continues to be instrumental in providing us with quick time to market capabilities and improved quality assurance of our FIX protocol and proprietary protocol environments as well as our GUI based applications." said Saro Jahani, Chief Information Officer for Direct Edge. "Our Quality Assurance team and Greenline Professional services continue to raise our automation capabilities and now include component level testing and a state of the art test run reporting and results analysis engine."

"We are pleased with the results that have been obtained at Direct t Edge and look forward to gaining more time-to-market efficiencies for ongoing deployments of their Connect Edge system. Our accomplishments with Direct Edge are another example of how Greenline's Professional Services and VeriFIX can raise the quality of service for market participants. At Greenline, we work directly with our customers to ensure a positive return on their technology investment is achieved through the use of Greenline's tool set and services. Software development lifecycle efficiencies and proactive operational support are the driving forces behind Greenline's vision and solutions," said Josh Tolman, Deputy CEO at CameronTec.

Greenline is next exhibiting at FIAB High Tech in Sao Paulo, November 21-22, the industry forum hosted by CEOs, CTO's, and CIO's of all the LATAM Exchanges, including Spain and Portugal. 

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