Menu

TechValidate Research on Itiviti

These pages present data that TechValidate has sourced via direct research with verified customers and users of Itiviti. TechValidate stands behind the authenticity of all published data. Learn more »



199 Customers Surveyed

1,326 Data Points Collected

42 Published TechFacts

7 Published Charts

8 Published Case Studies



Selected Research Highlights


VeriFIX by Itiviti Customer Satisfaction Rating

A Vice President at a small business financial services company would be likely to recommend VeriFIX by Itiviti for this reason:

VeriFIX is a great product. It is easy to configure and use. Itiviti offers great support.

VeriFIX by Itiviti Case Study

Medium Enterprise Financial Services Company

Introduction

This case study of a medium enterprise financial services company is based on a March 2017 survey of VeriFIX by Itiviti customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“VeriFIX by Itiviti is very user-friendly.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select VeriFIX by Itiviti:

  • Needed a tool for regression testing

Use Case

The key features and functionalities of VeriFIX by Itiviti that the surveyed company uses:

  • The most valuable feature is the Quick sender/quick message editor
  • Is using VeriFIX by Itiviti for enterprise-wide testing.
  • The QA teams are the main users of this testing tool.
  • Primarily uses VeriFIX by Itiviti to perform the following tests:
    • Regression testing
    • Performance testing
    • Negative testing (malformed messages)

Results

The surveyed company achieved the following results with VeriFIX by Itiviti:

  • Built up to 500 automated test cases in VeriFIX by Itiviti.
  • Rates VeriFIX by Itiviti in the following areas:
    • Continuous product improvement: excellent
    • Product quality: excellent
    • Return on investment: very good
    • Support quality: average
    • Ease of use: excellent

VeriFIX by Itiviti Customer Research

How do you primarily use VeriFIX by Itiviti?

Regression testing
72%
Client-side testing
53%
Server-side testing
43%
Click testing
38%
Performance testing
35%
Negative testing (malformed messages)
30%
Data-driven testing
25%

Itiviti's products for ETF Trading Case Study

Small Business Financial Services Company

Introduction

This case study of a small business financial services company is based on a June 2017 survey of Itiviti’s products for ETF Trading customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Itiviti’s products for ETF Trading:

  • Static data management
  • Pricing of complex ETFs
  • Inventory and risk management
  • Scalable quoting across hundreds / thousands of ETFs that are potentially traded in multiple regions

Use Case

The key features and functionalities of Itiviti’s products for ETF Trading that the surveyed company uses:

  • Currently trades, or plans to trade the following ETF asset classes:
    • Equity
    • Fixed income
  • Currently trades, or plans to trade the following ETFs:
    • Currency-hedged
    • Derivative
  • Described their current or planned trading activity as:
    • Streaming quoting / market making
    • RFQ response / liquidity provision
    • Systematic strategies
  • Functional areas important to their business:
    • Instrument & static data management
    • Synthetic component pricing / spot customization
    • ETF pricing and NAV calculation
    • Market making and quote response functionality
    • Hedging strategies
    • Risk and inventory management
    • Connectivity and trading models

Results

The surveyed company achieved the following results with Itiviti’s products for ETF Trading:

  • Rated the following for ETF trading in their current Itiviti product:
    • Product quality: average
    • Range of functionality: very good
    • Customising business logic: very good
    • Adding proprietary logic: average
    • Documentation: very good

VeriFIX by Itiviti Customer Satisfaction Rating

An Application Manager at a large enterprise financial services company would be very likely to recommend VeriFIX by Itiviti for this reason:

I don’t see any other stable FIX testing tool in the market similar to VeriFIX.

VeriFIX by Itiviti Customer Research

Which of the below challenges did VeriFIX by Itiviti help you address?

Regression testing
68%
Session level testing
48%
Unit testing
43%
Race condition testing
15%


More to Explore



About Itiviti

Itiviti is a world-leading technology provider for the capital markets industry. Trading firms, banks, brokers and institutional clients rely on Itiviti technology, solutions, and expertise for streamlining daily operations while gaining a sustainable, competitive edge in global markets.

  Itiviti Website