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

1. Integration front to back -
Mr. Custodian
tear down that wall
(software testing part)
Post Trade Software Testing Challenges
Exactpro Systems, 15 March 2018
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2. Two Worlds: Clarity vs. Obscurity
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Closed APIs hinder the ability to property test and monitor
interactions between components
FIX approach vs. API approach

3. Open Protocols Enable Passive Testing
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• Test Coverage
• Compliance Reporting
• Environment Monitoring
• Functional Verification Under Load
• Onboarding and Certification
• Generating Test Cases from Production Data

4. Software Testing Challenges in Post Trade:
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5. Post Trade Testing in Agile World:
5

6. To Tear Down These Walls, Use a Test Harness:
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7. Iosif Itkin, co-CEO and co-founder
Exactpro Systems
http://exactpro.com
https://www.linkedin.com/in/iosifitkin/
Thank you