Solutions for Financial Services2018-08-17T03:03:50+00:00

Solutions for Financial Services

Mitigating Risks for Financial Trading Systems

Missing an important call during securities trading can be very costly. While most securities are currently traded electronically, fixed income, commodities and currency (FICC) trading is largely based on voice trading utilizing a phone or unified communications platform include Dealerboard or Turret systems. These trading systems and underlying networks have system and security patches that are manuallly tested creating a backlog of patches. Replacing manual testing of these high-leverage systems with tekVizion’s onPOINT can dramatically mitigate risk and reduce the cost while increasing the coverage of testing.

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Automation Coverage

90% on Dial Tone and 75% on the Turrets & Pulse

Annual Time Saving

218 calendar days or 90% reduction in time

Annual Cost Saving

$568.5K

onPOINT For Lab

Financial institutions get a security release or a software patch at the rate of 1 every two week and a software update every 4 week on average.

Our onPOINT FS solution keeps your IPCTM trading turrets and UnigyTM platform operating at their best by automating your test workflows. Its as simple as upgrading your system under test, scheduling a project on onPOINT and walk away. onPOINT will run the schedule test cases, be it one or hundred, record the results and even provide suggestions on why it may have failed. With optional trace capture server, SIP messages can be captured and onPOINT will validate those SIP messages to ensure the call scenario is correct.

Benefits of onPOINT

  • Once setup, very minimal tweaking for every round of testing
  • Schedulable test to run during night while you are busy with your day job
  • Check why test cases failed from the logs
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onPOINT For Production (Walk the Floor)

Every time a trading system is upgraded, the operations team will walk the floor to ensure all the trading systems are working before a trading session starts. This is a very time consuming process given the thousands of systems on the trading floor.

Our onPOINT FS solution helps automate the “Walk The Floor” process into a minutes activity instead of a whole weekend activity. With onPOINT, you can schedule hundreds of phones or turrets for an automated test call scenarios anytime you upgrade or migrate to a new release. onPOINT will not only check all the features, but will validate the audio quality for each of those calls.

Benefits of onPOINT

  • You can perform a very comprehensive test on every phone or turret during the “Walk the Floor” activity.
  • These can be schedule to run automatically and reduce the number of people required to walk the floor to a minimum

You can schedule this to run during off-hours to get a snapshot of the system performance

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Learn how automation of testing work flows can increase the quality, efficiency and speed of rolling out and maintaining high quality business communication networks.

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