Exactpro, the leading finance-based software and infrastructure QA and testing company, have joined enterprise blockchain firm R3’s global network of more than 200 members and partners.
In collaboration with R3, Exactpro have trained and equipped a team of software developers to enable the delivery of testing services and CorDapp development to R3 partners as part of the R3 Marketplace, a web platform that brings R3 members and partners together to discover solutions built on the Corda platform.
Exactpro has extensive expertise in delivering complex enterprise projects for mission critical Financial Market Infrastructures like Exchanges and Clearing Houses. They will apply this experience to delivering state of the art testing and development on Corda to members of the R3 ecosystem.
“R3 has undoubtedly developed the Capital Markets’ DLT platform of choice,” said Iosif Itkin, CEO of Exactpro Systems. “Given their successes to-date in the Exchange and Regulatory Reporting area in particular, Exactpro sees a natural fit with its specialised testing and development capabilities to deliver services to the members of the R3 ecosystem.”
Exactpro will extend its mission critical front office testing services with the introduction of a DLT based decentralized Regulatory Reporting utility which initially will be focused on providing Transaction Reporting and SFTR solutions to affected entities
Corda is the only blockchain platform built from the ground up to meet the specific needs of the financial services industry, in that it records, manages, and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.
“We’re delighted to welcome Exactpro into the R3 ecosystem,” said Ricardo Correia, Global Head of Partners at R3. “We look forward to leveraging Exactpro’s experience in this important area of QA and testing as we bring more real-world enterprise Corda-based solutions to market.”
R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage.
R3’s global team of over 180 professionals in 13 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base.
The Corda platform is already being used in industries from financial services to healthcare, shipping, insurance and more. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.
Exactpro is a specialist firm currently employing over 560 staff focused on functional and non-functional testing and software development of systems that process wholesale financial products across many asset classes, such as trading and clearing systems, risk management, market surveillance, securities data distribution and Post-Trade infrastructures. These services are offered to exchanges, investment banks, brokers, technology firms and other financial sector organisations worldwide. Exactpro is an independent company owned by its management team following the recent buyout from the London Stock Exchange Group.
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