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Astana International Financial Centre engages Exactpro for quality assurance of new exchange platform
Exactpro, the software quality assurance specialist operating in Russia, the UK and the US, has announced that it has been selected by Astana International Financial Centre (AIFC) to deliver functional and non-functional testing for the Astana International Exchange (AIX), the new exchange platform in Kazakhstan.
The exchange was created by the AIFC in cooperation with Nasdaq and Shanghai Stock Exchange (SSE). AIX is based on best international practice and powered by Nasdaq Matching Engine under a technology deal between the AIFC and Nasdaq.
Kazakhstan’s largest companies turn to international capital markets to meet their financing needs. With rapid economic growth and an attractive pipeline of IPOs/SPOs in Central Asia, there is an increasing need for a liquid, well-balanced and efficient regional stock market with a broad range of financial instruments whose successful implementation is crucial for the AIFC.