[By NBC-1TV H. J Yook]Greenline Financial Technologies, Inc., a leading provider of multi-protocol electronic trading technology, today announced the Australian Securities Exchange (ASX) has successfully used VeriFIX to test its ASX ITCH, ASX OUCH and ASX 24 ITCH services. VeriFIX is an industry-leading automated testing tool that supports FIX and over 60 major proprietary protocols for the testing and validation of market data and order entry trade messaging.

ASX uses VeriFIX to test its FIX protocol connectivity, and has now expanded its use to test ASX's ITCH and OUCH protocols. VeriFIX can quickly and efficiently complete regression testing, load testing and unit testing. The use of existing test cases in VeriFIX helped ASX to begin testing immediately. This accelerated start to the testing process helped to free time to develop new test cases that were easily uploaded to VeriFIX.

“ASX is releasing new protocols to significantly improve the performance of our market data and order entry services, and to better align our offerings with international standards. Greenline‘s reliable and powerful VeriFIX testing tool helped accelerate our testing schedule for these new protocols. VeriFIX’s multi-protocol testing capabilities help us ensure that high quality testing is conducted across these new products,” said Andrew Lennox, General Manager, Markets Technology and Enterprise Architecture, ASX.

“We are delighted that the ASX has successfully used VeriFIX in the preparation for its release of the ITCH and OUCH protocols. Our work with ASX is another example of Greenline's leadership in delivering efficient and effective testing solutions for major global exchanges,” said Phill Jeffrey, Head of Asia, Greenline Financial Technologies.