Quality Assurance and Testing

Quality in process and product

Quality Assurance is a planned and step-by-step process of streamlining the production or software development activity in order to improve it to the predefined common goal or standard. Benchmarking the quality with each stage of the release of products with the expected functional, technical and deliverable specifications is a skill and is driven by proper quality plan. The predefined benchmarks in the quality assurance process help in deciding the accountability for the success as well as failures at every stage. The process is intended to gain customer satisfaction out of it.

Quality testing requirements at different stages of the product development have their own blend of looking at critical characteristics of the product. The testing includes functional, technical, regression, process, white box, black box, alpha and beta testing.

Assurance of quality in electronic trading

Electronic trading has been continuously evolving by exploiting the progress in electronics and information technology. The quality and precision are of utmost importance in the electronic trading due to the potential financial risks involved in it. The trading applications and services require an in-depth quality testing on the following terms:

• TFT - Trading Functionality Tests
• AT - Acceptance Tests
• UIT - User Interface Tests
• ECT - Exchange Connectivity Tests
• MDBT - Market Data Broadcast Tests
• WT - Workflow Tests
• IT - Integration Tests
• ST - Stress Tests
• FIT - FIX implementation Tests

FFS has the experience, ability, virtual environment and resources to provide expert consultation services in the above given test arenas. Using our time-proven clear principles of cost estimation, time budgeting and resource management, we have the ability to provide better testing practices and testing process management. We welcome the quality testing projects in all domains of financial capital markets.