Imported from previous forum
[ original email was from Carrie Biles - carrie@aegisoft.com ]
NEW YORK, September 6, 2002 — Today Aegis Software Inc., New York-based provider of testing software for trading systems, exchanges, and ECNs, announced the deployment of their “Client Simulator” test product at the International Securities Exchange (ISE). ISE is using Client Simulator to simulate customer order flow for the testing of their FIX order routing system.
Client Simulator simulates inbound, buy-side client order flow to a broker-dealer, exchange or ECN operating in various versions of the FIX protocol. It provides developers, QA engineers and production support personnel with real-world client simulations for interactive manual and automated testing, regression testing, and performance analysis.
“Prior to Client Simulator, we needed assistance from our member firms in order to test our FIX interface,” said Dan Friel, Senior Vice President and CIO, ISE. “When Aegis delivered their product, we were up and running quickly and were exercising most of the basic functionality of our order processing platform. After a week, a significant percentage of our QA testing processes were automated and today we can simulate virtually any scenario and test virtually any combination of transaction types rapidly, efficiently and reliably.”
“Client Simulator is all about making testing fast, easy and reproducible,” said Joseph Horowitz, Director of Software Development, Aegis Software. “It has the ability to simulate any buy-side order flow, no matter what flavor of FIX is being used. For example, ISE’s messages use custom FIX tags and we were able to configure the tags and communicate with ISE’s exchange very quickly. We spent one week onsite helping ISE’s staff deploy a test harness that would automate their FIX regression tests. Segue’s SilkTest was the final component in this effort, managing the tests and controlling the Client Simulator to automatically send FIX messages and validate the responses returned. ISE continues to enhance and expand their test coverage, and Client Simulator has helped make it an easy task.”
ABOUT AEGIS SOFTWARE:
Aegis Software (www.aegisoft.com) has provided New York’s financial industry with testing software and other technology solutions since 1994. Through their Client Simulator™, Exchange Simulator™, T3 Total Trade Test™, and FIX Certification Suite™ testing products, Aegis addresses the development and quality assurance needs of equities and options order management and order processing systems, exchanges, and ECNs.
ABOUT ISE:
Headquartered in New York City, ISE (www.iseoptions.com) is the only fully-electronic options exchange in the United States, the first nationally-registered securities exchange since 1973, and the world’s first options marketplace combining electronic trading and auction market principles. Within 18 months of its launch, the Exchange became the third largest of five U.S. options exchanges. Currently, 505 issues are listed for trading on the ISE; the current volume of these issues across all five U.S. options exchanges represents more than 90% of all equity options volume.
ABOUT SEGUE SOFTWARE:
Segue Software is the world expert in delivering software and services that ensure the accuracy and performance of enterprise applications. Segue provides comprehensive scalability, performance, monitoring and verification solutions – all aimed at ensuring reliable and predictable outcomes for fundamental business processes. A technology innovator setting new standards for higher levels of application reliability, Segue helps companies reduce risk and increase the return on investment associated with deploying business applications. For more information, visit Segue on the Web at www.segue.com. SilkTest is a trademark of Segue Software.
For further information, contact:
Aegis Software Inc.
212-651-9465
info@aegisoft.com
www.aegisoft.com