Microservice-based framework for automated testing of FIX protocol
With the evolution of electronic markets, the Financial Information Exchange (FIX) protocol has become the standard for institutional trade communication. However, prevalent manual testing and post-trade analytics pose challenges in scalability and real-time responsiveness. This project introduces a scalable microservice architecture to automate the end-to-end testing and validation of FIX messages. The framework tackles challenges of processing unstructured FIX data, ensuring test coverage, and detecting real-time irregularities through customized pre-processing, chronological sequencing, and advanced analytics. The platform empowers traders with instant feedback, eliminates manual effort, and enhances system reliability, facilitating faster deployments and improved operational control.
Authors
- Pradnya Joshi
- Ami Bharat Desai
- Aryan Ashish Nayak
- Aman Mehra
Institutions
- Dwarkadas J. Sanghvi College of Engineering (IN)
Publication Details
- Journal
- IET conference proceedings.
- Published
- 2026-02-01
- DOI
- https://doi.org/10.1049/icp.2025.4691
- Primary Topic
- Software System Performance and Reliability
- Type
- article
- Field-Weighted Citation Impact
- 0.00