Exactpro, a leading software testing services provider for mission-critical financial market infrastructures, announces the successful completion of testing of the Repurchase Agreement (“Repo”) Market (“Market”) recently launched by the Astana International Exchange (“AIX”, “Exchange”).
Two years into the successful migration of their Nasdaq’s matching engine to the Amazon Web Services’ (AWS) cloud – also facilitated by Exactpro – AIX continues to deliver value to the investor community by diversifying its securities market portfolio.
To help increase the operational resilience of the Exchange's Repo Market and provide information on its quality, Exactpro used th2 – a Kubernetes-driven microservices framework for functional and non-functional testing. Leveraging a cloud-native solution equipped with a bespoke set of industry-proven test method capabilities has ensured swift test execution and extensive test coverage.
The testing scope spanned the functional and non-functional testing (NFT) of the Market platform, including integration with the AIX CSD segment – powered by Avenir Technology – carrying out the settlement of repo trades. The non-functional testing included capacity and daily life cycle testing (verifying the Market’s reaction to short-term and prolonged increased transaction load injection, respectively), scalability, stress and latency testing for order entry and market data streams.
Valerii Tsoi, Chief Information Officer at AIX, commented: “AIX boasts a world-class trading infrastructure that investors from across Eurasia, as well as abroad, can benefit from in the safety of global regulatory compliance. We are known and recognised for our modern and innovative market approach: we continuously expand our partner banks network and services portfolio, which leads to new technology challenges to solve. We are thankful to see our long-term software testing services partner – Exactpro – accompany us in yet another ambitious endeavour.”
“AIX uses forward-thinking approaches to deliver superior quality to their stakeholders,” said Pavel Medvedev, Head of NFT, Exactpro. “The importance of factoring in non-functional testing when it comes to building cloud infrastructures cannot be overestimated. I believe that, by doing the testing, our team has made a valuable contribution to improving the resilience and scalability of the AWS-driven Repo Market. The complexity of a cloud-native architecture is not easy to match. Our team's domain expertise and reliance on th2 have made us well-equipped for achieving the goals set forward by AIX."
