Exactpro has completed a review of testing processes for Hong Kong Exchanges and Clearing Limited’s (HKEX) NextGen Post Trade Programme.
The test strategy recommendations are part of an upgrade of HKEX’s post-trade infrastructure across all of its business processes and systems.
The HKEX post-trade programme and will be delivered in phases, with phase one including the implementation of a multi asset single risk engine for the securities market, a data warehouse and business intelligence tools.
According to HKEX, the post-trade programme will help strengthen HKEX’s competitive advantages amid business, technology and regulatory environment changes.
Christian Sjoberg, HKEX managing director and head of platform development, said: “Thorough testing is important for a smooth launch of our new platform, and we are delighted to have engaged Exactpro to provide their expert advice on how we can utilise current best practices."
Alexey Zverev, co-CEO at Exactpro, commented: “The long-term test strategy recommendations we have delivered are built on our extensive experience in testing of complex financial markets infrastructures and cover the key ingredients necessary for the establishment of effective testing processes for the kinds of systems we deal with, particularly in the post-trade space.”
