FIX Trading Community, the global standards body which addresses trading across financial markets, has announced the creation of MOST: a working group focused on monitoring, on-boarding and software testing. The MOST working group will be chaired by Iosif Itkin, CEO of Exactpro – the London-based software development company specialising in quality assurance and test automation for firms working in complex financial markets.
The working group, which will meet monthly, has been established to increase the quality and reliability of the platforms operated by FIX Trading Community members. Participants will develop a set of recommended practices for testing FIX-related financial applications and create technical guidelines for their assessment.
MOST will recruit software professionals with experience in development, monitoring, on-boarding and testing. In order to pull in additional industry expertise, FIX Trading Community’s working groups are open to both member and non-member firms of its community.
These groups focus on specific issues, such as cybersecurity, digital assets and the impending Brexit, and are established to provide an industry forum where representatives can identify key regulatory challenges and market-led solutions.
According to FIX Trading Community: “Taking part [in working groups] presents considerable value, enabling members to enhance their understanding of key issues, gain access to information in advance of the wider community and benefit from significant networking opportunities.”
