The Financial Information eXchange (FIX) protocol is a non-proprietary, open source and public domain messaging standard for real-time exchange of electronic data on securities transactions. FIX promises faster flow of financial information across national frontiers and shorter settlement periods but implementation is challenging and depends on complex architecture and connections across the global marketplace. Large scale customizations during FIX implementation can add to these challenges.
Industry-leading Tools, Assets & Best Practices
Capgemini’s FIX Protocol Testing Accelerator (FITA) combines quality assurance artifacts, testing methodologies and best practices to give firms a head start when testing FIX protocols, trading applications and order management systems. FITA includes ready-to-use quality assurance artifacts that span the complete testing lifecycle. From developing a test strategy to running automated test scripts, FITA includes pre-packaged artifacts that can reduce the overall validation time by 45%.
Developed collaboratively with Aegisoft, Blueprint Systems and HP, Capgemini’s solution lets financial services firms perform end-to-end FIX protocol validation under one umbrella. FITA covers most asset classes: equities, FX, futures, options and fixed income.
Moving at the Speed of Trade
Our solution helps buy and sell side financial services institutions significantly reduce costs and project timelines when upgrading or enhancing current trading systems or deploying a new FIX protocol, order management system or trading application by accelerating the testing cycle. Capgemini’s FITA has decreased project duration by 45%, lowered costs by 30% and reduced the time to create test cases by 95% over traditional methods.