Unifits effortlessly extends FMIs with Test Automation for both the central infrastructure and the connected participants: a game changer for the implementation of financial market infrastructures with systemic significance.
The Unifits solutions are aimed at:
Easily accessible and user-friendly portal for unattended Participant testing with a focus on MESSAGE FORMATS.
Automated and autonomous integration testing for Participants with a focus on INTEROPERABILITY AND MESSAGE FLOWS.
Automated and independent testing for the clearing and settlement system itself.
Our experience from numerous projects shows that, depending on the progress of the project, there are different requirements for how testing can best be supported within a financial market infrastructure. To meet these requirements, Unifits has developed three complementary solutions that build on each other.
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.
The BOP significantly simplifies the testing of financial transactions and covers the validation and creation of messages according to the specific Scheme Guidelines.
The Unifits Test Engine is used to validate a financial market infrastructure’s central clearing system. All message flows can be run automatically and independently because sending and receiving participants are simulated.