The Complex Weave of Capital Markets: SQS Services

SQS Services
The complex weave of

Capital Markets
From coffee shops, carrier pigeons through buttonwoods,

telegraph poles and the frensied brick and mortar stock
exchanges of yesteryears, to the complex computer
based virtual electronic trading screens of today; it has
been a long and fascinating journey.
The winds of liberalisation and globalisation aided by the
rapid growth of high speed communication networks over
the past four decades, has further accelerated this
transformation of capital markets to dizzying heights, not
withstanding the intervening bubbles and bursts.
Corporate have access to international financial centres
thereby increasing cross-border flows of funds and
securities dramatically. Many new products have evolved
and the shape and structure of capital markets is
undergoing a paradigm shift. On the NYSE alone, the
average daily trading value was 153 billion USD in 2008
and the market capitalisation stood at almost 12 Trillion
USD in 2010.
Adding to the scale and complexity, the landscape is
witnessing an increased reliance on exchange traded
products including certain OTC products like Interest
Rate Swaps [IRS], Fx, etc. Risk management is being
centralised at clearing corporations with OTC products

being cleared through Central Clearing Parties (CCP).
Electronic trading, high frequency trading, tick-by-tick
data and low latency are made possible by cutting edge
technologies. There is added pressure on achieving
higher levels of Straight through Processing (STP) to
reduce cycle times.
Today technology provides the competitive edge enabling
an array of differentiated service offerings, with
exchanges claiming response and transaction speeds in
micro seconds. On one hand, when the world is shrinking
into a unified global market, this makes the role of
regulatory bodies, such as ASIC in Australia, AMF in
France, BaFin in Germany, RBI/SEBI in India, FCA in UK,
SEC in USA and many others, along with the attendant
laws in the respective countries, ever more challenging in
terms of Clearing and Settlement. On the other hand, it is
becoming abundantly clear that the increasing reliance
on technology and business assurance of such
technologies alone could mitigate the emerging pain
points and boost efficiencies.
This underscores the imminent need for specialist testing
services with relevant domain knowledge.
Competencies on offer
With a wide range of competencies in testing various
applications across the entire trade life cycle, in various
functional areas, SQS - Software Quality Systems AG is
well placed to provide a whole gamut of services suited
to Capital Markets.
Asset classes addressed
Equity {Exchange Traded Fund (ETF), and Securities
Lending & Borrowing}
Track record
SQS Capital Market clientele includes
Stock /Derivatives/Commodity Exchange Domestic
and International
Capital Market Product Companies
Leading Global Brokerages
Clearing and Settlement Firms
Registrar and Transfer Agency
Derivatives (Futures & Options)
Depositories
Commodities (Inclusive of Implied order)
Asset Management Companies
Fixed Income
Wealth Management Firms
Money Market
Interest Rate Derivatives
The SQS advantage
Forex
Domain Focus
Structured Products
Requirement Assurance
Familiar message formats
Financial Calculators {E.g. Limits Calculator, Indicative

Opening Price (IOP) Calculators, Brokerage and
Commission Calculator, etc}
FIX (Financial Information Exchange)

SWIFT (Society for Worldwide Interbank
Financial Telecommunication)
Proprietary Messages
Projects
SQS has tested the above asset classes across various
types of projects:
Business Requirements Specifications Preparation
RBT: Risk Based Testing
Accelerators
Ready to use Test Repositories of Scenarios,
Functions, Sub Functions, Conditions and Cases for
many Capital Market Segments
Testing Centre of Excellence (TCoE) Framework and
Implementation Model
Risk Prioritisation Matrix
System Integration Testing

User Acceptance Testing
Automation
Regression Testing
ARTEMIS: The SQS test automation framework
Automation & Non Functional Testing
PAVE: Parameter Verification Tool

SPEAR: Methodology for Performance Testing
Applications Tested
Client Speak
Neat, Neat +, Neat Pro
During test preparation and execution, the SQS

team raised a huge number of issues that helped
significantly to improve the software in their area of
responsibility. They always discussed the findings
with superiors and team colleagues in an appropriate
way ensuring a high quality of issues raised and
making them one of the most successful
contributing teams.
Leading capital market solution provider FO&Clg. & Settlement Systems

Syn~
Stars
NSDL-DPM
Miles- Moneyware Fundware
AG | Capital
Project Manager
A leading European Stock Exchange
Eurex
ACE Trader (Commodities)
OFIS
EMC Captiva
EMC Documentum
APX.MOXY & TRADEX
Contact
For further information, or if you have any other
questions, please do not hesitate to send us an
email: [email protected]
Fidessa Latent Zero Capstone Sentinel

Hi Portfolio (DST Global)
SQS the worlds leading specialist in software quality

The Complex Weave of Capital Markets: SQS Services

Uploaded by

Copyright:

Available Formats

The Complex Weave of Capital Markets: SQS Services

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

The Complex Weave of Capital Markets: SQS Services

Uploaded by

Copyright:

Available Formats

SQS Services

The complex weave of

From coffee shops, carrier pigeons through buttonwoods,

centralised at clearing corporations with OTC products

Derivatives (Futures & Options)

Commodities (Inclusive of Implied order)

Asset Management Companies

Wealth Management Firms

The SQS advantage

Familiar message formats

Financial Calculators {E.g. Limits Calculator, Indicative

FIX (Financial Information Exchange)

RBT: Risk Based Testing

System Integration Testing

ARTEMIS: The SQS test automation framework

Automation & Non Functional Testing

PAVE: Parameter Verification Tool

Neat, Neat +, Neat Pro

During test preparation and execution, the SQS

Leading capital market solution provider FO&Clg. & Settlement Systems

Fidessa Latent Zero Capstone Sentinel

SQS the worlds leading specialist in software quality

You might also like