Imported from previous forum
NEW YORK CITY, New York, July 20, 2005 - Objective Concepts, LLC announces their partnership with Spirent Communications®, a leading provider of integrated performance analysis and service assurance systems for next-generation network technologies, who is now licensed as the exclusive worldwide distribution channel for Spirent TradeTest and TradeStress solutions powered by Objective Concepts, LLC. “Our primary immediate benefit from this relationship, other than a powerful distribution and support channel, is the opportunity to integrate Spirent products with TradeTest and TradeStress, to offer a virtual equity marketplace truly indistinguishable from the real market, since it will now include the LAN and WAN network dynamics and packet impairments as an integral part of the simulation”, says Mr. George Felber, Managing Partner of Objective Concepts, LLC. Using real-world market and trading data feed interface simulators for order entry and primary exchange feeds, TradeTest creates a virtual market place in the quality assurance lab. This virtual market allows engineers to precisely replicate, monitor, record and validate the most complex market-timing related trading scenarios and complex routing across multi-tier applications to fully test trading systems under any market conditions in real-time. TradeTest also allows QA groups to eliminate costly external data feeds, which results in immediate cost savings.
Among the company’s’ high performance FIX enterprise solutions integral to Spirent TradeTest is its popular FIX Client-side Simulator, capable of handling all FIX Protocol transactions for order entry/replay, simulating one or unlimited clients into the trading system or exchange. Typically used for functional regression and stress Testing, all versions of FIX are supported as well as any custom versions of FIX. The company solution Spirent TradeTest also provides full-specification precise FIX Server-Side interface and trade simulation supporting all flavors of FIX. This service is primarily used for generic FIX regression and route testing. Multiple FIX route destination simulators maybe configured as distinct market centers/participants to provide support for complex route testing scenarios.
“Spirent’s TradeTest software provides users with the most realistic environments to test every aspect of their order management and trading systems, and to find and fix problems before costly, real-world errors occur,” said Alan Newman, director of marketing - Enterprise Marketing and Avalanche Product Line, Spirent Communications. “Combined with Spirent’s network testing products, we can now offer the financial securities industry the most complete testing solutions available today.” “This partnership also leverages Spirent’s comprehensive set of Professional Services offerings,” said George Felber, business manager for Objective Concepts. “This partnership provides financial firms, trading partners and customers the technology and services to assure that their systems will function efficiently and will not fail.”
About Objective Concepts, LLC
Objective Concepts, LLC (www.objective-concepts.com) is a leading supplier and developer of automated systems testing technology across the financial, medical, and manufacturing industries. The Objective Concepts product families are based on internally developed technologies which enable precise simulation, test regression, and reporting on complex network distributed systems, and offer customers reduced total cost in product testing and time to market. Objective Concepts LLC, the makers of TradeTest and TradeStress, provide the Securities Industry with the most advanced unparalleled ASQ Trading Systems Testing Solutions available worldwide. TradeTest is a confluence of highly sophisticated integrated software toolsets that precisely replicate your choice of any North American Markets trading services and protocols by simulating the absolute true trading system environments of choice. TradeTest features the ability to mold customized inherent business logic into the service simulator to perform exact replication and capture idiosyncrasies and flaws, thus preventing catastrophes in production. Unlike any other trading system test systems available today, only TradeTest provides intelligent interface simulators and Data Feeds for precise replication of NASDAQ, SIAC, National and Regional Exchanges. Visit our website for details on available Services and Data Feeds for multiple distributed environments, or e-mail Lois@ocllc.com
About Spirent Communications
Spirent Communications (www.spirentcom.com) is a global provider of integrated performance analysis and service assurance systems that enable the development and deployment of next-generation networking technology such as Internet Telephony, broadband services, 3G wireless, global navigation satellite systems, and network security equipment. More than 1500 customers in 30 countries, including the world’s largest equipment manufacturers, service providers, enterprises and governments, use spirent’s solutions. Maryland, Spirent Communications reported 2004 revenue of $460 million and has 1,700 employees worldwide. The company is the largest business group of Spirent plc, traded on the London and New York Stock Exchanges (LSE: SPT; NYSE: SPM; CUSIP number: 84856M209).