Exchanges & Trading Venues Technology & operations

Conformance testing on the same record as the paperwork

How a venue joined technical conformance testing to the membership file, so admission no longer depended on two teams agreeing.

The starting point

A client has the technology team tracking connectivity and conformance tests while membership tracked the paperwork. Admission waited on someone reconciling the two, and registered traders were held in a separate list.

What they needed

  • Track conformance test status against the applicant
  • Register traders and certifications on the same record
  • See one admission status, not two
  • Know who approved the admission and when

What FYNXT delivered

FYNXT brought conformance and trader registration onto the participant record. Test status, registered traders and approvals sit together, and admission is one decision with its evidence attached.

Solutions used

What changed

  • One admission status replaces two lists
  • Traders are registered on the participant record
  • Approvals carry an owner and a date
Use cases

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Next step

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