Complying with regulations is becoming a more complex and cross-functional effort. Due to the growing importance of cyber security and the increased regulatory requirements, financial firms are employing emerging technologies like Robotic Process Automation (RPA), Cognitive Analytics, Machine Learning, and Artificial Intelligence to stay ahead of the regulatory burden.
FIX engine is a FIX protocol-based messaging infrastructure designed for high-frequency trading and to facilitate the online trading and it is available in Java & .NET. FIX engine is an implementation of FIX protocol and a piece of software required to establish FIX connectivity. FIX messages which carry trading orders electronically in the form of tag and value is composed, parsed and understood by FIX engine.
Decades ago, there was a period where the Internet hadn’t existed. Those were the times in which the bidder and the seller met and negotiated the bidding in a physical location (probably a stock exchange). Something similar to the Pit Trading scene in the movie ‘Wolf of a Wall Street’. This pit trading procedure was exhausting and created a lot of chaos.
The innovation team at Sensiple make sure they are technically up-to-date when it comes to RegTech & its applications. The financial industry is growing tremendously day-by-day and the firms are demanding a comprehensible platform to work seamlessly with the regulators.
When the industry expertise meets innovation, there ascends a user-friendly application, which can solve this millennia’s regulatory problems. An end-user, a techie and an innovator works together at Sensiple, to create a seamless platform for regulatory solution for the millennials.
Every now and then, emerges a buzz word, which surges its industry growth exponentially. Such buzz word is ‘RegTech’, which is deciphering the regulatory concerns for many firms. Comparing to other industry, the most alarming victims of compliance are the BFSI sector. Being non-compliant, either affects their reputation/business or they lose a lot of money on penalty.
So, let us discuss in this blog on how RegTech is impacting the way the financial institutions operate their regulatory frameworks.
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The goal of automation is not to eliminate manual testing, but to reduce the number of test cases that need to run manually.
In Mainframe applications, millions of records are tested. In such cases, the use of Automation Tool gives efficiency and quality, compared to manual testing in finding the defects.
Exploratory Testing, which is often referred as black box testing technique is all about exploring things during testing. Unlike other testing concepts, exploring is more of a hands-on approach with minimum planning and maximum execution. Greater focus is on exploring what the software does, how it works, what functionalities go through the testing funnel and so on.
Email marketing is alive and fighting fit. In spite of it often being seen as an outdated digital medium, it remains relevant as an irreplaceable tool for marketers. It has evolved a lot over the past few years in terms of content, design and timing; and it is not slowing down.
Pair testing, also known as buddy testing is a latest trend in software testing. The idea is simple; it involves two supporters from different teams testing a project on the same device/computer. Typically, the pair is a tester and a developer, but the pair can also be combination of a tester, developer and an analyst.
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