Exactpro to support DEX with institutional grade infrastructure
20 April 2020 Abu Dhabi
Image: Mo Azizi/Shutterstock
DEX has selected Exactpro Systems to ensure confidence in its institutional grade infrastructure being deployed for market participants.
The digital asset exchange is working towards becoming a regulated multilateral trading facility and custodian that will operate in the Abu Dhabi Global Market as regulated by the Financial Services Regulatory Authority.
Exactpro focuses on functional and non-functional testing and software development of systems that process wholesale financial products across asset classes including trading and clearing systems, risk management, market surveillance, securities data distribution and post-trade infrastructures.
Leon Smith, CEO of DEX, said: “Our goal is to provide market access to digital assets for the global markets in a transparent, regulated and secure environment. We have worked extensively with the team at Exactpro to ensure our platform performs to the highest standard at parity with institutional grade market infrastructures deployed in capital markets at present.”
Alyona Bulda, vice president technology and head of global exchange division of Exactpro, added: “Our team is delighted to be working with our colleagues at DEX. A number of tools that have been developed by Exactpro to test our clients’ platforms have been used for verifying functional and non-functional requirements for DEX’s platform. We look forward to our continued collaboration with DEX.”
The digital asset exchange is working towards becoming a regulated multilateral trading facility and custodian that will operate in the Abu Dhabi Global Market as regulated by the Financial Services Regulatory Authority.
Exactpro focuses on functional and non-functional testing and software development of systems that process wholesale financial products across asset classes including trading and clearing systems, risk management, market surveillance, securities data distribution and post-trade infrastructures.
Leon Smith, CEO of DEX, said: “Our goal is to provide market access to digital assets for the global markets in a transparent, regulated and secure environment. We have worked extensively with the team at Exactpro to ensure our platform performs to the highest standard at parity with institutional grade market infrastructures deployed in capital markets at present.”
Alyona Bulda, vice president technology and head of global exchange division of Exactpro, added: “Our team is delighted to be working with our colleagues at DEX. A number of tools that have been developed by Exactpro to test our clients’ platforms have been used for verifying functional and non-functional requirements for DEX’s platform. We look forward to our continued collaboration with DEX.”
← Previous digital assets article
Nasdaq and R3 to deliver institutional grade offering for digital assets exchanges
Nasdaq and R3 to deliver institutional grade offering for digital assets exchanges
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
