Nasdaq Launches Validator Testing, Quality Platform

API-independent platform to support quality and testing processes for exchanges, clearing houses and CSDs.

lars-ottersgard
Lars Ottersgård, executive vice president and head of market technology for Nasdaq
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Nasdaq's Validator is an API-independent platform aimed at reducing the cost and complexity of quality assurance (QA) and improving time to market for new functionalities through manual and automated test tools, covering on-the-fly lifecycle testing, enabling non-programmers to validate business functionality, accelerating development and deployment of trading, clearing and CSD system components, and optimizing testing timeframes.

"Delivering new functionality and offerings to the market as swiftly as possible can greatly differentiate marketplaces in a competitive environment," said Lars Ottersgård, executive vice president and head of market technology for Nasdaq. "Equally as important is being able to deliver this new functionality safely and efficiently, which requires rigorous, robust testing and quality assurance programs. This becomes very costly from a financial and human capital perspective due to implementation sophistication and the level of technical resources required to carry out the functions."

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