New technology solution is built to accelerate time-to-market with
robust testing and unparalleled quality assurance
NEW YORK, April 26, 2016 (GLOBE NEWSWIRE)
-- Nasdaq (Nasdaq:NDAQ), has officially launched the
Nasdaq Validator to support exchanges, clearinghouses and central
securities depositories (CSDs) in reducing the cost and complexity
of quality assurance (QA), and bring new functionality to market
quickly and effectively. Nasdaq Validator is an API-independent
testing platform offering manual and automated test tools for the
capital markets industry that was created from Nasdaq's experience
in developing and delivering marketplace systems to over 100
exchange clients worldwide.
The solution focuses on shortening time-to-market
for manual tests, driving efficiencies in the testing and QA
process and simplifying access and usage of test tools enabling a
broader user group, particularly those less
technologically-oriented, to be engaged in the verification
process. Nasdaq Validator interfaces with Nasdaq's matching,
clearing and CSD systems, in addition to systems by other
providers; it is currently in-use by Nasdaq and external
clients.
"Delivering new functionality and offerings to the
market as swiftly as possible can greatly differentiate
marketplaces in a competitive environment," said Lars Ottersgård,
Executive Vice President and Head of Market Technology, Nasdaq.
"Equally as important is being able to deliver this new
functionality safely and efficiently, which requires rigorous,
robust testing and quality assurance programs. This becomes very
costly from a financial and human capital perspective due to
implementation sophistication and the level of technical resources
required to carry out the functions. By offering Nasdaq Validator
to marketplaces worldwide, we are squarely addressing the absolute
necessity for robust QA processes, while reducing expenditures and
shortening the go-to-market timetable."
The Nasdaq Validator will support clients through
the following benefits:
- Accelerating development and deployment of
trading, clearing and CSD system components, decreasing overall
time-to-market for enhancements and adaptations;
- Empowering all users working across the
development lifecycle to test as they go, as no programming or
scripting language is necessary to utilize the platform;
- Reducing cost and complexity enabling usage of a
single platform that supports concurrent testing of multiple
protocols, sessions in one graphical user interface;
Nasdaq's exchange technology, including trading,
clearing, CSD and market surveillance systems, is in operation in
over 100 marketplaces across the USA, Europe, Asia, Australia,
Africa and the Middle East.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of
trading, clearing, exchange technology, listing, information and
public company services across six continents. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70
marketplaces in 50 countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to more than 3,700 listed companies
with a market value of approximately $9.6 trillion and nearly
10,000 corporate clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com.
NDAQG
For Media Inquiries:
Nasdaq:
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390