Virtual Participant: Take Industry Testing for FMIs to an unprecedented Level

Extend your clearing and settlement ecosystem with our test counterpart available 24/7

The Unifits Virtual Participant is available 24/7 to any real participant in the test environment of a given market infrastructure and acts as their test partner. Either controlled by parameterized messages or through an intuitive graphical user interface, the VIP can effortlessly create and send any message thus greatly simplifying industry testing for FMIs.

Virtual Participant
Use case examples

The examples below both show the same payment flow, first from a Debtor Agent perspective and second from a Creditor Agent perspective. The “missing” Agent / Participant in each case is simulated by the Unifits VIP.

Unifits Virtual Participant simulates behavior of the Creditor Agent

  • the real participant (Debtor Agent, under test) send an initial payment message pacs.008, the virtual participant responds with a pacs.002
  • the real participant initiates a return request and the virtual participant responds with a corresponding camt.029
  • the virtual participant then creates and sends the payment return pacs.004 and the real participant is required to answer with a final pacs.002

Unifits Virtual Participant simulates behavior of the Debtor Agent

The real participant (Creditor Agent, under test) initiates the desired test process either via a parametrized trigger message or via an easy-to-use user interface.

  • the virtual participant create and send a payment message pacs.008, real participant (Creditor Agent, under test) is required to respond with a pacs.002
  • after a configurable preset time, the virtual participant creates and send the return request message (camt.056), the real participant is required to respond with a camt.029
  • then the real participant needs to create and send the payment return pacs.004. Then the virtual participant will respond with a corresponding pacs.002

Learn more about the Unfits Solution Offering to streamline testing within FMIs

Would you like to learn more about testing of ISO 20022 based systems? Let’s get in touch.


    Yes, I want a 30-day-free-trial