ARTEX collaborate with Exactpro 27 June 2024UK Reporter: Jack McRae
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ARTEX has collaborated with Exactpro to streamline its platform delivery and software testing practice.
The firms released a case study that focuses on the collaboration to ensure the required level of quality and operational resilience of ARTEX’s art multilateral trading facility (MTF),
Iosif Itkin, co-CEO and co-founder of Exactpro, says: “Having invested in independent software testing at this early stage, ARTEX was able to avoid a lot of the common pitfalls, resolve defects early and at a lower cost, as well as significantly increase their overall delivery speed.
“The trading venue is now supported by an extensive test library that can be used regularly for regression testing and serve as a foundation for future growth.”
Alexandre Reynaert, chief technology officer, ARTEX Global Markets, comments on the ARTEX–Exactpro collaboration: “We needed to ensure that our trading venue is robust, consistent and compliant with industry standards, and Exactpro’s insights and experience were invaluable in achieving this goal.
“Through the use of AI, the size and execution time of the testing process has been reduced without compromising the quality of the testing.”
ARTEX, the first stock exchange for artwork, aims to democratise art and turn it into a new asset class.
In a recent interview with Asset Servicing Times, Yassir Benjelloun-Touimi, co-founder and CEO of ARTEX, explained: “It’s not easy for anyone to walk into a gallery in Mayfair and look at artwork worth £2 million, even if they like art, because they may feel it is inaccessible.
“We want to break those barriers. We want to democratise the investment opportunity and, in doing so, we are democratising art because more people will learn more about it.”
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