Test Engine: Test Automation for Clearing Systems
Faster test cycles:
Automated testing enables faster and more frequent test cycles, reducing the overall time required to test clearing systems. This is especially important for ISO 20022, which can be very complex and require a lot of testing.
Improved accuracy:
Automated tests are less prone to error than manual tests. In addition, automated tests can be more consistent because they ensure that tests are run in the same way every time.
Cost savings:
When compared to manual testing, automated testing will reduce costs such as the need for dedicated resources and the rework required by errors being detected late.
Increased test coverage:
Automated testing allows for many more scenarios and use cases in much less time than manual testing. This ensures greater test coverage, which is particularly important for ISO 20022 implementations with their diverse message types and process flows.
The Unifits Test Engine automates end-to-end test flow execution by controlling sending and receiving virtual participants, simulating both the Debtor and Creditor Agent’s behavior.
The illustration depicts a payment (Customer Credit Transfer) initiated by the Debtor Agent, followed by a payment return initiated by the Creditor Agent.
Learn more about the Unfits Solution Offering to streamline testing within FMIs
Bank Onboarding
Platform (BOP)
Easily accessible and user-friendly portal for unattended Participant testing with a focus on MESSAGE FORMATS.
Virtual Participant
(VIP)
Automated and autonomous integration testing for Participants with a focus on INTEROPERABILITY AND MESSAGE FLOWS.
Test
Engine
Automated and independent testing for the clearing and settlement system itself.