FPGA-Based Low Latency Sponsored Access
Valery Florov, Pavel Garin, Pavel Smirnov, Maxim Metelkov, Exactpro Systems
12 - 14 November 2015
Tools and Methods of Program Analysis in St. Petersburg
TMPA-2015: ClearTH: a Tool for Automated Testing of Post Trade SystemsIosif Itkin
ClearTH: a Tool for Automated Testing of Post Trade Systems
Anna Toropova, Ekaterina Dimova, Iosif Itkin, Exactpro Systems
12 - 14 November 2015
Tools and Methods of Program Analysis in St. Petersburg
Delivering Large Post-Trade Initiatives: Quality Assurance and Key ChallengesIosif Itkin
Difficulties in coping with functional complexity
experienced by the project team:
• Aligning tests correctly in batches that correspond to events in
the daily life cycle, including multiple days
• Accelerating the daily life cycle to speed up test execution and to cover
Settlement Failure processes in testing within a reasonable timeframe
• Accurately simulating and controlling test inputs from upstream systems
and outputs to downstream systems
• Management of complex Reference Data setup
• Involvement of complex components such as Risk Management
and Collateral Management systems
• Test cycle turnaround time, client certification and test automation
Keynote Speakers:
Alyona Lamash FRM Head of Risk Management Practice, Exactpro Systems
Mark Ryland Financial Markets Technology Consultant, Independent Consulting, United Kingdom
FPGA-Based Low Latency Sponsored Access
Valery Florov, Pavel Garin, Pavel Smirnov, Maxim Metelkov, Exactpro Systems
12 - 14 November 2015
Tools and Methods of Program Analysis in St. Petersburg
TMPA-2015: ClearTH: a Tool for Automated Testing of Post Trade SystemsIosif Itkin
ClearTH: a Tool for Automated Testing of Post Trade Systems
Anna Toropova, Ekaterina Dimova, Iosif Itkin, Exactpro Systems
12 - 14 November 2015
Tools and Methods of Program Analysis in St. Petersburg
Delivering Large Post-Trade Initiatives: Quality Assurance and Key ChallengesIosif Itkin
Difficulties in coping with functional complexity
experienced by the project team:
• Aligning tests correctly in batches that correspond to events in
the daily life cycle, including multiple days
• Accelerating the daily life cycle to speed up test execution and to cover
Settlement Failure processes in testing within a reasonable timeframe
• Accurately simulating and controlling test inputs from upstream systems
and outputs to downstream systems
• Management of complex Reference Data setup
• Involvement of complex components such as Risk Management
and Collateral Management systems
• Test cycle turnaround time, client certification and test automation
Keynote Speakers:
Alyona Lamash FRM Head of Risk Management Practice, Exactpro Systems
Mark Ryland Financial Markets Technology Consultant, Independent Consulting, United Kingdom
EXTENT Conference - October 2011
Test Automation for Trading Systems
Verification of Financial Models:Duplication of Development Efforts?
Alyona Lamash, Head of Risk Management Systems Practice Innovative Trading Systems
Boris Rabinovich, Senior QA Analyst ITS
Behavior Driven Development Pros and ConsIosif Itkin
The Cons of Behavior Driven Development (BDD)
Ivan Bobrov, ClubQA Co-Founder, Kostroma
The Pros of Behavior Driven Development (BDD): Business User Scenarios
Natalia Zaitseva, Exchange Functional Test Automation Lead Innovative Trading Systems
EXTENT Conference.
October 29-30, 2011
Test Automation for Trading Systems
Renaissance Hotel Moscow
Tellefsen and Exactpro Systems Team Up to Help Clients with REG SCI
Meeting the demanding new requirements imposed upon firms by SEC Regulation SCI
is a key issue for many firms, especially in the areas of independent systems testing
and certification. Tellefsen and Company, L.L.C. (Tellefsen) and Exactpro Systems,
LLC (Exactpro) have today announced a marketing partnership in which both firms will
collaborate to provide key industry constituents with market structure consulting, financial
technology infrastructure testing and software quality assurance testing services.
Tellefsen is a management consulting firm founded in 1984 to provide counsel and
professional services to meet the growing needs of the financial services industry. The
firm’s principals and consultants have a wealth of experience in regulatory compliance
and U.S. market infrastructure (exchanges, ATS, dark pools etc). One of Tellefsen’s core
competencies has been is assisting firms with their regulatory compliance requirements
through technology analysis, planning, testing, and evidencing.
Exactpro is a rapidly growing quality assurance services firm specializing in market
infrastructure. Exactpro provides both functional and non-functional testing for global
exchanges, dark pools and clearing houses using a range of sophisticated in-house built
testing and evidencing tools.
John Rapa, President and CEO of Tellefsen, indicates: “The implementation of Reg SCI
is another example of market regulations where market participants must provide evidence
of their comprehensive infrastructure testing, policies and procedures and market oversight
compliance. We are delighted to team up with Exactpro whom we know from other customer
engagements. We are very impressed by their capabilities, diligence and effectiveness in
planning, executing and evidencing tests that prove regulatory compliance”.
Iosif Itkin, Co-Founder of Exactpro, says: “Our firm has a great set of tools and services that
we believe can help clients meet Regulation SCI in a cost effective manner. We are very
conversant with this domain and are delighted to be working with Tellefsen on this; our two
firms’ capabilities are entirely complementary”.
Trading Systems: Testing at the Confluence of FT and NFTIosif Itkin
EXTENT Trading Technology Trends & Quality Assurance Conference in Obninsk, 2 March, 2013
Trading Systems:
Testing at the Confluence of FT & NFT
Alexey Zverev, Managing Director
Alyona Bulda, QA Project Lead
Ivan Bobrov, HFT Analyst
EXTENT Trading Test Tools Evolution TheoryIosif Itkin
EXTENT Trading Technology Trends & Quality Assurance Conference in Obninsk, 2 March, 2013
Trading Test Tools: Evolution Theory
Alexander Barch, Technical Analyst, Exactpro Systems
Anastasia Matveeva, QA Manager, Exactpro Systems
Innovation in Quality Assurance – What is the Impact on Trading technology?Iosif Itkin
Agile methodologies and the death of software testing.
Can finance industry adopt the same formal methods that allowed NASA to reach Pluto?
Lessons learned from the Terminator/BS Galactica and the next generation of risk controls.
What is crowd-sourced verification in the age when machines rule the market?
Cognitive technologies and building test harness for algo trading systems.
Extent 2013 Obninsk Test Tools for Trading Systems: Evolution Theoryextentconf Tsoy
Exactpro Systems - "Test Tools for Trading Systems: Evolution Theory"
Alexander Barch, NFT Analyst, Exactpro Systems
Anastasia Matveeva, QA Manager, Exactpro Systems
Андрей Масалович – известный эксперт по информационной безопасности – о 10 приемах, позволяющих получить доступ к вашим данным за 1 минуту без взлома защиты, интернет-разведке и о способах обезопасить данные без серьезных затрат.
EXTENT Conference - October 2011
Test Automation for Trading Systems
Verification of Financial Models:Duplication of Development Efforts?
Alyona Lamash, Head of Risk Management Systems Practice Innovative Trading Systems
Boris Rabinovich, Senior QA Analyst ITS
Behavior Driven Development Pros and ConsIosif Itkin
The Cons of Behavior Driven Development (BDD)
Ivan Bobrov, ClubQA Co-Founder, Kostroma
The Pros of Behavior Driven Development (BDD): Business User Scenarios
Natalia Zaitseva, Exchange Functional Test Automation Lead Innovative Trading Systems
EXTENT Conference.
October 29-30, 2011
Test Automation for Trading Systems
Renaissance Hotel Moscow
Tellefsen and Exactpro Systems Team Up to Help Clients with REG SCI
Meeting the demanding new requirements imposed upon firms by SEC Regulation SCI
is a key issue for many firms, especially in the areas of independent systems testing
and certification. Tellefsen and Company, L.L.C. (Tellefsen) and Exactpro Systems,
LLC (Exactpro) have today announced a marketing partnership in which both firms will
collaborate to provide key industry constituents with market structure consulting, financial
technology infrastructure testing and software quality assurance testing services.
Tellefsen is a management consulting firm founded in 1984 to provide counsel and
professional services to meet the growing needs of the financial services industry. The
firm’s principals and consultants have a wealth of experience in regulatory compliance
and U.S. market infrastructure (exchanges, ATS, dark pools etc). One of Tellefsen’s core
competencies has been is assisting firms with their regulatory compliance requirements
through technology analysis, planning, testing, and evidencing.
Exactpro is a rapidly growing quality assurance services firm specializing in market
infrastructure. Exactpro provides both functional and non-functional testing for global
exchanges, dark pools and clearing houses using a range of sophisticated in-house built
testing and evidencing tools.
John Rapa, President and CEO of Tellefsen, indicates: “The implementation of Reg SCI
is another example of market regulations where market participants must provide evidence
of their comprehensive infrastructure testing, policies and procedures and market oversight
compliance. We are delighted to team up with Exactpro whom we know from other customer
engagements. We are very impressed by their capabilities, diligence and effectiveness in
planning, executing and evidencing tests that prove regulatory compliance”.
Iosif Itkin, Co-Founder of Exactpro, says: “Our firm has a great set of tools and services that
we believe can help clients meet Regulation SCI in a cost effective manner. We are very
conversant with this domain and are delighted to be working with Tellefsen on this; our two
firms’ capabilities are entirely complementary”.
Trading Systems: Testing at the Confluence of FT and NFTIosif Itkin
EXTENT Trading Technology Trends & Quality Assurance Conference in Obninsk, 2 March, 2013
Trading Systems:
Testing at the Confluence of FT & NFT
Alexey Zverev, Managing Director
Alyona Bulda, QA Project Lead
Ivan Bobrov, HFT Analyst
EXTENT Trading Test Tools Evolution TheoryIosif Itkin
EXTENT Trading Technology Trends & Quality Assurance Conference in Obninsk, 2 March, 2013
Trading Test Tools: Evolution Theory
Alexander Barch, Technical Analyst, Exactpro Systems
Anastasia Matveeva, QA Manager, Exactpro Systems
Innovation in Quality Assurance – What is the Impact on Trading technology?Iosif Itkin
Agile methodologies and the death of software testing.
Can finance industry adopt the same formal methods that allowed NASA to reach Pluto?
Lessons learned from the Terminator/BS Galactica and the next generation of risk controls.
What is crowd-sourced verification in the age when machines rule the market?
Cognitive technologies and building test harness for algo trading systems.
Extent 2013 Obninsk Test Tools for Trading Systems: Evolution Theoryextentconf Tsoy
Exactpro Systems - "Test Tools for Trading Systems: Evolution Theory"
Alexander Barch, NFT Analyst, Exactpro Systems
Anastasia Matveeva, QA Manager, Exactpro Systems
Андрей Масалович – известный эксперт по информационной безопасности – о 10 приемах, позволяющих получить доступ к вашим данным за 1 минуту без взлома защиты, интернет-разведке и о способах обезопасить данные без серьезных затрат.
HighLoad++ 2013 Iosif Itkin Anton SitnikovIosif Itkin
Система для выявления манипуляций в условиях высокочастотной биржевой торговли
Основная задача системы мониторинга и контроля биржевой площадки — обеспечивать упорядоченное и стабильное функционирование рынка и, в частности, поддерживать аналитическую работу отделов, отвечающих за выявление возможных манипуляций.
Система мониторинга должна собирать информацию обо всех входящих заявках, ответах системы, данных, поступающих из внешних источников, а также о релевантных внутренних состояниях трейдинговой платформы. В условиях высокочастотной торговли объемы этой информации достаточно велики, и их обработка требует масштабируемой инфраструктуры.
Операторы биржевых площадок и участники торгов ожидают, что системы мониторинга и контроля рисков будут оказывать минимальное влияние на основную функциональность трейдинговой платформы и время отклика.
Недобросовестные участники рынка пытаются скрыть злоупотребления и манипуляции рынком под видом легитимных финансовых транзакций, а некоторые законные операции обладают многими признаками нарушений. Системам мониторинга и контроля рынков приходится делать аналитические заключения под высокой нагрузкой, на основе нечеткой логики, параметры которой приходится непрерывно адаптировать под новые трейдинговые ситуации и схемы поведения участников торгов.
Наш доклад содержит обзор предметной области и основных требований к системам мониторинга и контроля для биржевых площадок, а также описание разрабатываемой нами системы, ее архитектуры и выбранного технологического стека, включая Akka, LevelDB, Play, ZeroMQ и ExtJS.
SmartMonitoring - мониторинг бизнес-логики в Одноклассниках / Сергей Шарапов ...Ontico
Самым критичным в мониторинге бизнес-логики является этап выяснения сути инцидента, зачастую он занимает значительное время и требует высокой квалификации сотрудника, так как основные показатели работы сайта и сервисов представлены более чем 100 тысячами графиков, и нахождение первоисточника - не самое простое дело. Поэтому была создана система мониторинга (SmartMonitoring), которая умеет находить аномалии в работе портала и показывать связь между ними, что значительно упрощает работу как администраторам, так и программистам. Такая система помогает в случае инцидента понять, какой именно среди десятков наших сервисов засбоил первым и, соответственно, ускоряет распутывание «клубка» в процессе расследования инцидента и помогает быстро находить сервис, который во всем виноват.
В этом докладе я расскажу, как мы создали такую систему, как она работает, и с какими трудностями мы столкнулись.
Опыт аудита контрагентов, задействованных в работе с персональными даннымиAcribia
Совместный доклад компаний Лента и Акрибия об управлении рисками, обусловленными необходимостью вовлечения контрагентов в процессы обработки персональных данных программы лояльности.
10 уязвимостей в ваших данных: методы взломаSkillFactory
Андрей Масалович, известный эксперт по информационной безопасности – о 10 приемах, с помощью которых можно воспользоваться уязвимостью интернет-ресурсов.
Software Development for Market Surveillance systemsIosif Itkin
Основные вопросы лекции:
- London Stock Exchange Group и компания Exactpro;
- представительство в Костроме и возможности трудоустройства;
- характеристики биржевой платформы и обязанности по поддержанию упорядоченного рынка;
- виды финансовых преступлений;
- анализ данных - профессия будущего;
- программное обеспечение систем отслеживания финансовых манипуляций.
Foundations of Software Testing Lecture 4Iosif Itkin
This lecture is a part of the online course on Software Testing for Complex Intelligent Systems and Autonomous Vehicles. The course lectures provide the theoretical basics of testing autonomous systems based on artificial intelligence.
The fourth lecture of the course entitled Foundations of Software Testing reviews the ‘absence-of-errors fallacy’ and other principles of software testing, as well as the types and levels of software testing. The lecture also provides a fuller picture of the understanding of test objectives and methodologies by different schools of thought within the software testing domain.
QA Financial Forum London 2021 - Automation in Software Testing. Humans and C...Iosif Itkin
Speaker: Iosif Itkin, co-CEO & co-founder, Exactpro Systems
9th November 2021
Hilton Canary Wharf
Exactpro is an independent software testing business focused on mission-critical financial market infrastructures, primarily exchanges and clearing houses. In his presentation, Iosif will give a brief overview of research on the concept of model-based testing and the principal challenges of its application while testing complex distributed systems. He will also outline the broader context of interaction between humans and complex computer models.
Exactpro FinTech Webinar - Global Exchanges Test OraclesIosif Itkin
Global Exchanges series webinar to discuss Test Oracles. A test oracle is a mechanism for determining whether a test has passed or failed. The use of oracles involves comparing the output(s) of the system under test for a given test-case input, to the output(s) that the oracle determines the product should have. We will review various types of test oracles using examples from Exactpro’s Global Exchanges division projects and protocol-based interactions in trading systems.
Exactpro FinTech Webinar - Global Exchanges FIX ProtocolIosif Itkin
Exactpro’s Global Exchanges Division training session on FIX Trading Protocol.
The essence of the FIX protocol and its place in the overall structure of network protocols, FIX message attributes and the internal data types of the protocol.
Operational Resilience in Financial Market InfrastructuresIosif Itkin
A4Q World Congress 13-16 April 2021
Iosif Itkin
Exactpro provides independent software testing services for mission critical technology that underpins global financial markets – exchanges and clearing houses. Half of the top 20 global exchange groups on all continents around the globe rely on processes, platforms and people from Exactpro to improve their quality and reliability. The company has spent the last 11 years studying operational resilience in this crucial sector. The presentation will outline the key principles for software testing of the systems that process hundreds of millions of orders per day with roundtrip latencies below one hundred microseconds.
20 Simple Questions from Exactpro for Your Enjoyment This Holiday SeasonIosif Itkin
Warmest wishes for a happy holiday season and a wonderful New Year!
We look forward to our continued collaboration in 2020. Thank you for your support.
QA-Financial Forum 2019 in New York
13 November
Iosif Itkin, CEO and co-founder
Elena Treshcheva, Business Development Manager and Researcher
An October 2019 survey by BoE and FCA found that ML in financial organizations has already passed an initial development phase, and the usage of live ML applications is about to dramatically increase over the next three years. Artificial Intelligence systems are used in market surveillance, they are providing intellectual analysis of news feeds, and they are an important part of the conversational agents facing users and helping them with their business needs from identity verification to trading and portfolio management. How to ensure that an AI-powered system is up to its task? And what would that mean from the software testing perspective?
EXTENT 2019: Exactpro Quality Assurance for Financial Market InfrastructuresIosif Itkin
On Complex Software Systems Testing — Alexey Zverev, co-CEO & co-founder, Exactpro
Software Testing and Machine Learning
Mind the Gap. Applying Process Mining
Learning from Failure is not just for Humans
Dancing with Whales. Adaptive Log Classification System
On Traceability and the Illusion of Control
Building Partnerships
Demystifying DLT Testing One Network at a Time
Get the MOST from FIX
Georgia on My Mind
Build Software to Test Software — Iosif Itkin, co-CEO & co-founder, Exactpro
ClearTH Test Automation Framework: Case Study in IRS & CDS Swaps Lifecycle Mo...Iosif Itkin
Synchronize Europe
18th June 2019
Iosif Itkin, co-CEO and co-founder, Exactpro
Using the ISDA CDM Swaps application, simultaneously execute multiple end-to-end scenarios for DAML applications in capital markets - validate with actual contract data on ledger.
EXTENT Talks 2019 Tbilisi: Failover and Recovery Test Automation - Ivan ShamraiIosif Itkin
Ivan Shamray, Senior NFT Analyst, Exactpro
20 April 2019 EXTENT Talks, Tbilisi, Georgia
Tbilisi QA Community
EXTENT Talks is a meeting place for IT specialists working in various industries and seeking professional growth, practitioners from IT firms, as well as Quality Assurance enthusiasts of all backgrounds interested in actively participating in local IT events.
EXTENT Talks QA Community Tbilisi 20 April 2019 - Conference OpenIosif Itkin
EXTENT Talks is a meeting place for IT specialists working in various industries and seeking professional growth, practitioners from IT firms, as well as Quality Assurance enthusiasts of all backgrounds interested in actively participating in local IT events. The first EXTENT Talks were held in Tbilisi on 22 February 2019, initiating the creation a QA Community in Tbilisi and laying a foundation for an international platform for exchanging experience and knowledge in the field of software testing, development and IT. The program of the inaugural event included presentations on ISTQB, Software Testing, and Agile methodology from senior specialists. The next EXTENT Talks in Tbilisi will take place on 20 April 2019.
User-Assisted Log Analysis for Quality Control of Distributed Fintech Applica...Iosif Itkin
The First IEEE International Conference On Artificial Intelligence Testing (2019 IEEE AITest)
Iosif Itkin, Anna Gromova, Anton Sitnikov, Elena Treshcheva, Rostislav Yavorskiy, Evgenii Tsymbalov, Andrey Novikov and Kirill Rudakov
1 Exactpro, UK, Georgia, USA, Russia
2 Skolkovo Institute of Science and Technology, Russia
3 Higher School of Economics, Russia
Speakers: Iosif Itkin, CEO and Co-Founder and Elena Treshcheva, Business Development Manager and Researcher - Exactpro
Exactpro provides software testing services for mission-critical technology that underpins global financial markets. Exactpro clients are regulated by FCA, Bank of England and their counterparts from other countries. During this session, Elena and Iosif will talk about end-to-end software testing for post-trade systems in financial market infrastructures. What are the key challenges in quality assurance at this scale? What kind of cognitive biases affect SDLC? How precise is the knowledge about the systems under test? What constitutes good test evidence? How to deal with complexity in regulated environments?
Behaviour Driven Development: Oltre i limiti del possibileIosif Itkin
The QA Financial Forum: Milan 2019
23 January at the Excelsior Hotel Gallia.
Anna-Maria Lukina, Exactpro Business Development Director
The QA Financial Forum: Milan is one of the leading fintech conferences in Italy. The event focuses on the latest achievements in software risk management and automation of software testing. The predominant theme of the Milan event will be Quality Assurance for the entire Software Development Life Cycle (SDLC).
The topics under discussion will feature:
- Technologies for Automation & AI
- DevOps & CI/CD
- Value Stream Management
- Test Data Management
- Regulatory Compliance
- App Security & DevSecOps
- Testing and quality assurance of Blockchain platforms
The official language of the event is Italian.
On 17th January 2018 Exactpro successfully completed a management buyout from London Stock Exchange Group (LSEG), signed a new multi-year master services agreement with LSEG, and opened its head office in London.
What else has happened in 2018?
I wanted to take the opportunity to reflect on what has been an unusual year for Exactpro.
Integration front to back - Mr. Custodian tear down that wall
The scope of the application level has been continuous extended over the years, albeit with a focus on the area of pre-trade and trade.
Recently, there has been an increased interest to move further into the area of post-trade which is predominantly driven by the ISO 20022 standard. Is there really a need for new FIX messages in areas such as payments and
what are the integration problems needing a resolution?
Panellists
- Iosif Itkin, CEO, Exactpro
- Jim Northey, Co-Chair Global Technical Committee, Americas Region, FIX Trading Community, Chair Elect, ISO TC68 Financial
Services Technical Committee, and Consultant and Industry Standards Liaison, Itiviti
- Barry Young, Director, Aladdin Product Manager, BlackRock
BDD. The Outer Limits. Iosif Itkin at Youcon (in Russian)Iosif Itkin
Exactpro is supporting the 3rd annual IT-conference YouCon to take place on 14th October in Saratov, Russia. Over 900 programmers, systems engineers and architects, software QA engineers, and marketing specialists will gather to discuss the latest trends in programming technology. It is the largest IT industry event in Saratov.
Iosif Itkin, CEO of Exactpro, part of London Stock Exchange Group, will deliver a "BDD. The Outer Limits" presentation named after Iosif's favorite Sci-Fi series.
The topics to be covered are:
Behavior Driven Development concepts
Applying BDD in trading and clearing systems
Specification by Example and using production data
Combining Model-based testing and BDD
The Outer Limits
There will be an opportunity to ask questions, share thoughts and expertise in BDD, or just chat with a representative at the Exactpro stand at any time during the event.
Don't miss out, stop by and ask how you can get your Exactpro souvenir :)
We look forward to meeting you there!
#Exactpro #Youconsaratov
4. О любимом
Иосиф Иткин
• Тестировщик
• Соучредитель
Exactpro Systems
• Организатор
EXTENT Conference
5. О любимом
Иосиф Иткин
• Тестировщик
• Соучредитель
Exactpro Systems
• Организатор
EXTENT Conference
Интересы: разработка инструментов и методов
анализа высоконагруженных трейдинговых систем
для ведущих компаний финансового сектора
17. Be First - 2013
Время отклика < 100 uS
Это в 47 раз быстрее, чем полет со
скоростью света из Екатеринбурга в Москву
Это в 3000 раз быстрее, чем мгновение ока
18. Technical Monitoring
Анализ данных:
•Большое количество транзакций в короткие
промежутки времени
•Сетевые проблемы и отказы оборудования
•Критична быстрая реакция на аномальное
поведение подключенных систем
•Концентрация на формализуемых
технических характеристиках
19. Что бы такого сделать…
•Манипуляция ценами
•Переигрывание объемами
•Уход от налогов
•Финансирование зла
•Инсайдерская торговля
•Проскальзывание перед клиентом
20. Что бы такого сделать…
•Манипуляция ценами
•Переигрывание объемами
•Уход от налогов
•Финансирование зла
•Инсайдерская торговля
•Проскальзывание перед клиентом
Часто легитимная активность выглядит как
злоупотребление, и наоборот
24. Fraud Detection
Анализ данных:
•Нечеткая логика
•Гибкая конфигурируемость сценариев
•Формальные критерии сами по себя не
являются доказательством манипуляции
•Операторам системы предоставляется
возможность восстановить события и
складывать доказательства по каждому
случаю потенциального нарушения
25. Над чем мы работаем
Technical Monitoring + Fraud Detection