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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

44 Published TechFacts

8 Published Charts

9 Published Case Studies



Selected Research Highlights


Itiviti's products for ETF Trading Case Study

Medium Enterprise Banking Company

Introduction

This case study of a medium enterprise banking company is based on a May 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:

  • 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
    • Commodity
    • Fixed income
    • Currency
    • Multi-asset
  • Currently trades, or plans to trade the following ETFs:
    • Leveraged / inverse
    • Currency-hedged
    • Derivative
  • Described their current or planned trading activity as:
    • Streaming quoting / market making
    • RFQ response / liquidity provision
    • Systematic strategies
    • Agency / client flow
    • Pricing and hedging only
  • 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
  • Itiviti solutions used for ETF trading:
    • Tbricks
    • Orc Liquidator

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: very good
    • Range of functionality: very good
    • Customising business logic: average
    • Adding proprietary logic: excellent

VeriFIX by Itiviti Customer Research

How do you primarily use VeriFIX by Itiviti?

Regression testing
65%
Client-side testing
56%
Server-side testing
42%
Click testing
31%
Performance testing
28%
Negative testing (malformed messages)
26%
Data-driven testing
21%

VeriFIX by Itiviti Customer Statistic

80% of surveyed organizations agree that VeriFIX by Itiviti has very good product quality.

80%

VeriFIX by Itiviti Case Study

Global 500 Financial Services Company

Introduction

This case study of a Global 500 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 is flexible to use and allows us to perform high-end automation tasks with ease. Performance testing is inclusive. Simulation and session setup is easy. Clear debugging unit.”

Challenges

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

  • Regression testing
  • Unit testing
  • Session level testing
  • Performance testing over a component, using simulation set up

Use Case

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

  • Protocol level validations
  • Automation of test cases using scenario/playlist
  • Multi-session test cases
  • Order manager
  • Validation profiles
  • Malformed messages
  • Price/symbology dictionary
  • Test result viewer

The profiled company is using VeriFIX by Itiviti in their department. The main user categories include:

  • QA teams
  • Developers

They primarily use VeriFIX by Itiviti for the following reasons:

  • Regression testing
  • Performance testing
  • Client-side testing
  • Server-side testing
  • Negative testing (malformed messages)

Results

The surveyed company rates VeriFIX by Itiviti in the following areas:

  • Continuous product improvement: very good
  • Product quality: very good
  • Return on investment: average
  • Support quality: very good
  • Ease of use: excellent

VeriFIX by Itiviti Customer Satisfaction Rating

Easy to use for high-end automation tasks

An IT Architect at a Global 500 financial services company would be very likely to recommend VeriFIX by Itiviti for this reason:

VeriFIX is flexible to use and allows us to perform high-end automation tasks with ease. Performance testing is inclusive. Simulation and session setup is easy. Clear debugging unit.

VeriFIX by Itiviti Customer Research

Medium Enterprises use Itiviti for Regression Testing

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

Regression testing
69%
Session level testing
53%
Unit testing
51%
Race condition testing
16%


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