Client Certification Using Shsha

Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49

www.exactpro.com1

Client Certification Using Shsha

Open Access Quality Assurance & Related Software Development for Financial Markets

Tel: +7 495 640 2460, +1 415 830 38 49

www.exactpro.com

Exactpro

http://www.exactpro.com/

http://exactpro.com/


www.exactpro.com2

Client Certification is a special kind of testing conducted to ensure the

compatibility of automated trading systems connected to an exchange or

broker via financial industry protocols

• Client certification is mandatory for any operator of an exchange or broker

platform providing an opportunity to perform financial transactions

• Client certification has become a common practice in the financial industry

Certification



www.exactpro.com3

Typical Challenges

Certification testing involves representatives of different organizations.

Therefore the process requires a substantial amount of coordination and

teamwork

Let’s go through some of the typical challenges that could be faced during

client certification



www.exactpro.com4

Time Zones



www.exactpro.com5

The existence of world time zones causes difficulties with planning and

coordination of testing by teams of professionals physically located in various

parts of the globe

Time Zones



www.exactpro.com6

Performance



www.exactpro.com7

Certification can be required by several clients concurrently

due to business or technical events, such as the deployment

of new software, regulatory or technical requirements

Performance



www.exactpro.com8

Competency



www.exactpro.com9

Quality Assurance specialist conducting certification must have the adequate

level of technical and business knowledge

Competency



www.exactpro.com10

Coverage



www.exactpro.com11

Certification tests must be based on typical scenarios and produce

meaningful results

Coverage



www.exactpro.com12

What Could Help Us To Solve These Problems?



www.exactpro.com13

• Creation of more optimal automated technological solutions for

certification testing and the analysis of test results

• Usage of passive methods to analyze the success of certification procedure,

such as traffic capture of network connections or data from log files

In our opinion, the process of client certification can benefit from the inclusion of

passive testing in it.

What Could Help Us To Solve These Problems?



www.exactpro.com14

Passive Testing

Passive testing is a software testing technique that observes the system without

interaction

Passive test tool does not affect the system under test and does not create

additional message streams



www.exactpro.com15

Meet Shsha!

• Passive post-transactional tool

• Supports various industry-standard and proprietary

protocols

• Analyzes clients' activity and forecasts system

response

• Parses and displays logs in a user-friendly way

• Parses messages and then puts each to a database

table where each column corresponds to each

message field

• Can process massive amounts of heterogeneous

clients connections data

• Allows making summarized reports, etc.

• Easy to understand GUI



www.exactpro.com16

Shsha Operating Model



www.exactpro.com17

• Shsha captures all messages sent to the exchange by the client or vice

versa, parses each message and puts the data into a relational

database.

• By using SQL queries, the certifying organization's analyst can receive

the statistics about the attempts to perform the steps in the test scenario

and their success for every trading participant.

• Network packets data also allows finding additional problems, such as

connectivity breaks or message buffering issues.

Shsha Operating Model



www.exactpro.com18

Shsha: Time Zones

It’s easy to plan and coordinate testing process in different time zones having a

passive tool which stores all the required information in the database and is

accessible any time around the clock.



www.exactpro.com19

As a passive tool, Shsha does not affect the system under test and

does not create additional message streams

Shsha: Performance



www.exactpro.com20

The trading participants can just connect to the test environment and send the

orders listed in the provided test scenario.

There’s no need to install any additional software, collect logs, etc.

Shsha: Competency



www.exactpro.com21

Shsha provides built-in groups of SQL scenarios covering all client

connectivity certification requirements issued by the trading coordinator for a

number of exchange platforms

Shsha: Coverage



www.exactpro.com22

Reporting



www.exactpro.com23

Thank You!


Client Certification Using Shsha

Technology

Transcript of Client Certification Using Shsha