Esprow launches new version of ETP Studio 21 November 2017New York Reporter: Jenna Lomax
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Esprow has launched version 3.0 of its ETP Studio for financial information exchange (FIX).
The new solution focuses on ad-hoc testing of FIX application programming interfaces (API), including generation of test results and test specifications. It also adds 70 new FIX venues and binary exchanges.
According to Esprow, the updated programme will include testing solutions that meet regulation requirements for the second Markets in Financial Instruments Directive (MiFID II).
It will also help clients advance towards automation, by simulating both clients’ FIX flows and trading venues’ responses.
Esprow has also opened a New York office to support its growing client base in North America.
Francesco Lo Conte, managing director at Esprow, said: “After a number of years growing in APAC and EMEA regions we have now extended our footprint to provide local support to our expanding US client base, and to leverage the business and product growth opportunities that North America offers us.”
Commenting on the ETP Studio 3.0 solution, he added: “As in the past, the evolution of our solutions was driven by our users’ feedback. We will continue to work with our clients, who include Investment banks, trading venues, and technology vendors, to ensure enhancements to our products remain aligned with their needs, with special attention in supporting fulfillment of their requirements under MiFID II.”
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