Esprow Opens New York Office11.21.2017
Esprow Pte. Ltd., a global provider of enterprise testing technology for the financial markets, is pleased to announce the opening of their New York office supporting the company’s growing client base in North America. The latest US clients include OpenDoor Securities and a bulge bracket global investment bank.
OpenDoor is the first all-to-all, anonymous, session-based, market-based solution for Off-the-Run US Treasuries and TIPS. Using Esprow ETP automated testing solutions, OpenDoor is deploying their FIX gateway with a diversified client base that includes central banks, pension funds, sovereign wealth funds, primary dealers, asset managers, hedge funds, and trading firms.
The latest addition to Esprow’s client base, a global US investment bank, joins others in using ETP Studio to test trading systems based on the FIX protocol. This enables them to automate testing in multiple regions, and across asset classes. ETP Studio is also used for ad-hoc testing of FIX sessions, emulation of FIX trading venues, and emulation of exchanges using binary protocols across North America, EMEA, and APAC.
This automation of a previously time-consuming and often manual processes is enabling Esprow clients to move forward on a path towards DevOps deployment of their trading applications – something most firms have now identified as their preferred technology delivery method. By enabling the Quality Assurance process in a quicker and far more controlled way, clients are also able to support their compliance departments who can now access testing data independently.
Francesco Lo Conte, Managing Director at Esprow said, “We are seeing a growing demand for our set of ETP solutions as firms in the US are increasingly required to comply with global regulations.” He added, “After a number of years growing in APAC and EMEA regions we have now extended our footprint to provide local support to our expanding US client base, and to leverage the business and product growth opportunities that North America offers us.”
New office address:
60 Broad Street
24th Floor. Suite # 2407
New York, NY 10004
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