Nasdaq Launches New Quality Assurance Platform, Nasdaq Validator
April 28 2016 - 11:46AM
Nasdaq (Nasdaq:NDAQ), has officially launched the Nasdaq Validator
to support exchanges, clearinghouses and central securities
depositories (CSDs) in reducing the cost and complexity of quality
assurance (QA), and bring new functionality to market quickly and
effectively. Nasdaq Validator is an API-independent testing
platform offering manual and automated test tools for the capital
markets industry that was created from Nasdaq’s experience in
developing and delivering marketplace systems to over 100 exchange
clients worldwide.
The solution focuses on shortening time-to-market for manual
tests, driving efficiencies in the testing and QA process and
simplifying access and usage of test tools enabling a broader user
group, particularly those less technologically-oriented, to be
engaged in the verification process. Nasdaq Validator interfaces
with Nasdaq’s matching, clearing and CSD systems, in addition to
systems by other providers; it is currently in-use by Nasdaq and
external clients.
“Delivering new functionality and offerings to the market as
swiftly as possible can greatly differentiate marketplaces in a
competitive environment,” said Lars Ottersgård, Executive Vice
President and Head of Market Technology, Nasdaq. “Equally as
important is being able to deliver this new functionality safely
and efficiently, which requires rigorous, robust testing and
quality assurance programs. This becomes very costly from a
financial and human capital perspective due to implementation
sophistication and the level of technical resources required to
carry out the functions. By offering Nasdaq Validator to
marketplaces worldwide, we are squarely addressing the absolute
necessity for robust QA processes, while reducing expenditures and
shortening the go-to-market timetable.”
The Nasdaq Validator will support clients through the following
benefits:
- Accelerating development and deployment of trading, clearing
and CSD system components, decreasing overall time-to-market for
enhancements and adaptations;
- Empowering all users working across the development lifecycle
to test as they go, as no programming or scripting language is
necessary to utilize the platform;
- Reducing cost and complexity enabling usage of a single
platform that supports concurrent testing of multiple protocols,
sessions in one graphical user interface;
Nasdaq’s exchange technology, including trading, clearing, CSD
and market surveillance systems, is in operation in over 100
marketplaces across the USA, Europe, Asia, Australia, Africa and
the Middle East.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing,
exchange technology, listing, information and public company
services across six continents. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute
their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 70 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,700 listed companies with a market
value of approximately $9.6 trillion and nearly 10,000 corporate
clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com.
NDAQG
For Media Inquiries:
Nasdaq:
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
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