Turquoise, the multi-lateral trading facility established by nine leading European investment banks, has chosen AppLabs, an independent testing, quality management and certification company, to check that Turquoise’s trading platform is fit for purpose.
As Turquoise’s test partner, AppLabs will design, develop and build the test strategy for the project. AppLabs will then extensively test the trading and surveillance functions to assure the quality of the delivery and ensure Turquoise launches successfully in September 2008.
“We are ambitious for Turquoise and acknowledge that to achieve our goals we will have to assure the market place that the integrated trading platform is functionally reliable, robust and efficient and that it will perform to the highest standards,” says Yann L’Huillier, chief technology officer of Turquoise. “Bringing to bear the experience of AppLabs to thoroughly test the Turquoise platform will help us to achieve this goal.”