Innovating FinTech, from Prototype to Production

By Anton Sitnikov

Chief Software Architect, Exactpro

Follow

Q1: What makes Exactpro’s software development expertise unique?

Anton: As a firm, we have a 16-year-long history of building software to test client systems that operate in various jurisdictions and, often, across borders. Our development capabilities have always been the basis of our independent testing expertise. They have also evolved and grown more resilient alongside it. Over these years, we have supported testing of mission-critical financial platforms, participated in ambitious technology transformations, helped the industry go through regulatory shifts and corresponding system migrations, both in trading, post trade and payments. 

Our software engineers draw from experience operating in environments where reliability, regulatory compliance and real-world behaviour matter from day one. It is what makes our development expertise attractive to clients. Our development team’s unique skillet enables us to embed testing, resilience and supervisory compliance considerations from the very beginning – rather than having them added later, which can be costly and less effective for a product’s testability, among other reasons.

To many organisations, our development team has also acted and continues to act as a partner in innovation. We help prepare proofs of concept that validate new ideas, create minimal viable products that build stakeholder confidence and help to get from pilots to regulated market launches. We support every stage of prototyping and software development. 

Q2: Which initiatives or achievements reflect Exactpro’s prototyping experience?

Anton: We aim to respond to industry consultation calls, especially in areas carrying high systemic risk. Failure to factor in potential technology risks in such initiatives can reverberate, so any concerns should be voiced at early stages, and risks assessed continuously.

We have also taken on the challenge of participating in Swift Hackathons three times in the last five years. Collaborative initiatives like this often prioritise speed and functionality over quality, which can make it challenging to implement a robust solution. One of our secrets to success has been the seamless integration of a strong management framework with robust engineering practices. The other – optimising efforts by developing lightweight and reusable testing frameworks for rapid deployment and applying minimal viable testing strategies during prototyping. Even in fast-paced settings, this allows testing to add measurable value while development delivers on the business goals in a timely way.

This approach has earned us a strong track record of award-winning prototypes at Swift Hackathons. In 2025, we contributed to resolving the lack of interoperability between traditional finance and the digital assets ecosystem. Our solution – Coincento – received an honourable mention. In 2022, we won one of the hackathon tracks with our prototype that focused on solving the challenge of tracking the ownership of digital assets. And in 2021, we were second to best with our synthetic data generation approach – based on our synthetic test data generation capabilities.

Coincento – a DeFi interoperability solution for TradFi institutions

Participation in high-pressure, innovation-driven initiatives lets us demonstrate our ability to deliver quality products under constraints, while showing a deep understanding of both development and testing.

Beyond hackathons, we collaborate closely with clients to develop innovative solutions that meet their next goals. Among other implementations, we have developed Gevamu – a  ‘bridge’ platform that seamlessly connects on-chain business network operators with off-chain payment service providers. Its creation was a testament to Exactpro’s AI Testing and DLT capabilities as well as years of integration testing experience in exchanges and clearing.

Q3: What makes your engineering pipelines efficient?

Anton: Our pipelines are designed for speed, reliability and continuous feedback. By running development and testing in parallel, we have insights about requirements, design or code quality delivered as soon as it is practicable. This informs our decisions and helps us bring down the volume of costly fixes. 
 
As part of our R&D work, we continuously monitor trends and try out improvements to our existing assets and methods. AI has been a major area of interest recently. By integrating AI-assisted development into our pipelines, we have made workflows more efficient. AI has definitely accelerated our delivery speed, but it has also highlighted the importance of our domain and technology expertise, which remains a vital quality guardrail.

This combination of AI-assisted development and other modern engineering practices, well-aligned pipelines and automation in testing helps us deliver higher-quality software faster and more predictably. 

Q4: How can organisations ensure prototypes evolve into reliable, production-ready solutions?

Anton: There are infinite possibilities of where a development project could go. And a lot depends on choosing the right team. With our experience in fintech software development and testing, we ensure that every innovation-driven initiative – whether it is one exploring, validating or scaling new ideas – is built on a solid foundation. 

The fact that we keep testability and AI-enabled testing in mind from the start helps organisations de-risk innovation, accelerate time-to-market and align prototypes with enterprise-level resilience and compliance expectations. Our team’s goal is not mere product delivery, but building confidence that the platform can withstand stakeholder scrutiny, supervisory expectations and real operating conditions once it goes live.

Whether you are an established or aspiring financial technology operator conceptualising a new technology platform or modernising an existing one, we would be pleased to discuss how our development expertise can contribute to your success. Reach out to me or via: info@exactpro.com