"FACTS has reduced the costs associated with bringing new customers online"
"We believe that this automated testing process represents an important development in the industry's requirement to become FIX enabled on a global basis"
Kevin Bourne
Director Electronic Equity Trading
Citigroup Global Markets
FIX engines alone do not deliver a complete solution. The biggest issue with deploying FIX is completing the integration with your internal systems and testing against counterparties. Recognising this B2Bits has developed a range of testing and monitoring tools to reduce time to operation, reduce cost of deployment and help to ensure that your fix implementation is a high quality service.
FACTS — FIX Antenna Client Testing Service simulates an acceptor implementation and tests incoming Initiator sessions for compliance with all the requirements of the FIX Protocol and the business of the acceptor.
DART — Dynamic Auto Regression Testing provides an initiator implementation that tests a series of scenarios and maps results against previous tests to assist in change control management
REEF — Real time Electronic Exchange for FIX is a mock fully functional ECN that enables free-form testing, it operates to the extent of the FIX protocol, providing IOI’s, advertisements, and fills etc
FORM — FIX Operational Risk Manager is a monitoring tool which examines all FIX Logs through B2Bits' proprietary FIXQL. It enables exceptions to be quickly and easily identified.