Objective
 

• Testing platform compliance to ESMA and FCA regulations
• Provide recommendations for platform improvement
• Investigate third party data source quality
• Assurance for platform

Key Outcomes
 

• 3000+ tests covering end to end data flow & processing
• Heat map covering criticality & recommendations for findings
• Detailed test report and recommendations for improvement
• Quality check certification

Approach

Performed end-to-end testing and documentation covering the following processes:

• Data Ingestion & API tests : Performed 800+ checks to ensure files are received in the correct format and APIs are working effectively
• Data Validation tests: Checked compliance with 500+ Regulatory schema rules for input data
• Exception Management: Checked 200+ exception codes to ensure exceptions were raised and documented properly
• UTI lineage : Checked lineage of Unique Trade Identifier (UTI) codes while passing through various stages of the solution
• Scenario testing: Checked compliance with various scenarios and action sequences allowed as per regulatory specifications
• Data enrichment : Tested data source quality for 3rd party data feeds for additional enrichments carried out by the platform
• Trade Repository reporting : Tested output XML Trade Repository reports for compliance with regulatory schemas

Questions

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