Exactpro supports MEMX into the US equity market 02 July 2021UK Reporter: Maddie Saghir
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Exactpro has successfully supported the launch of the Members Exchange (MEMX) into the US equity market.
MEMX engaged Exactpro at the early stages of the programme for review of the client-facing specifications in order to deliver clear and transparent documentation to the participants.
Working in close collaboration with MEMX’s in-house testing team, Exactpro’s work included the initial analysis of the test scenarios and specifications, as well as test designs, bespoke implementation in addition to test planning and monitoring.
For the project, Exactpro deployed th2, its new next-generation test automation framework, into the testing process not only for active testing but also for passive data consistency checks and reconciliation.
MEMX’s use of a modified waterfall development methodology and rapid prototyping required frequent test builds.
Exactpro designed an automated library covering all the required functionalities, and enhanced the quality and speed of the regression testing which was continually analysed by both teams.
Iosif Itkin, CEO and co-founder of Exactpro, says: “Working with MEMX, the fastest-growing US equities exchange, has proved to be an invaluable experience as we continue to deploy our next-generation test automation framework, th2.”
According to Itkin, with this new offering, Exactpro was able to support MEMX’s rapid deployment schedule while simultaneously providing the highest levels of system quality assurance.
Thomas Toller, managing director, Exactpro US, adds: “We have been delighted to partner with MEMX on such an ambitious and innovative project, a natural fit for Exactpro’s services and our continued expansion into North America.”
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