Exactpro announces partnership with risk and post-trade specialist Minium
Exactpro Systems has announced a partnership with Minium Financial Technology, a Cinnober Group Company, offering risk management and post-trade processing services for clearers and prime brokers. Under the deal, Exactpro will provide independent software testing of Minium’s systems to its clients.
Exactpro specialises in quality assurance and software testing for market infrastructures and systems that process wholesale financial products across asset classes. This includes trading systems, risk management, market surveillance, securities data distribution, and post-trade platforms.
Commenting on the deal, Veronica Augustsson, CEO of Cinnober Group, said: “We are launching a new service for clearers and prime brokers. Quality is our highest priority and something we invest a lot in. We believe that is an important cornerstone in order to build trust for the financial infrastructure. We look forward to working with Exactpro to ensure our clients get the highest level of reliability.”
“Working alongside Minium’s technology team on this innovative new service, we will utilise a set of bespoke tools we have for automated functional and load testing," said Alexey Zverev, Co-CEO of Exactpro, said. "This includes ClearTH, our solution for automated testing of complex post-trade systems which is designed to run several scenarios, organise the test steps in batches and align the test schedule with the system schedule.”