Esprow opens New York office to support growing US client base
New York, Singapore, London, 21 November 2017 – Esprow Pte. Ltd., a global provider of enterprise testing technology for the financial markets, is pleased to announce the opening of their New York office supporting the company’s growing client base in North America. The latest US clients include OpenDoor Securities and a bulge bracket global investment bank.
OpenDoor is the first all-to-all, anonymous, session-based, market-based solution for Off-the-Run US Treasuries and TIPS. Using Esprow ETP automated testing solutions, OpenDoor is prototyping their FIX gateway with a diversified client base that includes central banks, pension funds, sovereign wealth funds, primary dealers, asset managers, hedge funds, and trading firms.
The latest addition to Esprow’s client base, a global US investment bank, joins others in using ETP Studio to test trading systems based on the FIX protocol. This enables them to automate testing in multiple regions, and across asset classes. ETP Studio is also used for ad-hoc testing of FIX sessions, emulation of FIX trading venues, and emulation of exchanges using binary protocols across North America, EMEA, and APAC.
This automation of a previously time-consuming and often manual processes is enabling Esprow clients to move forward on a path towards DevOps deployment of their trading applications – something most firms have now identified as their preferred technology delivery method. By enabling the Quality Assurance process in a quicker and far more controlled way, clients are also able to support their compliance departments who can now access testing data independently.
Francesco Lo Conte, Managing Director at Esprow said, “We are seeing a growing demand for our set of ETP solutions as firms in the US are increasingly required to comply with global regulations.” He added, “After a number of years growing in APAC and EMEA regions we have now extended our footprint to provide local support to our expanding US client base, and to leverage the business and product growth opportunities that North America offers us.”
New office address:
Esprow LLC 60 Broad Street 24th Floor. Suite # 2407 New York, NY 10004 USA
Melanie Budden The Realization Group Tel: +44 (0)7974 937970 Email: [email protected]
Esprow is a global technology firm specializing in automated testing, on-boarding and simulation solutions for the financial services community. Esprow provides implementation, customization, integration, training and professional services for its Enterprise Testing Platform suite of products.
About Esprow’s Enterprise Testing Platform (Esprow ETP)
Esprow ETP automates testing, simulation and certification of trading components across a wide range of financial messaging protocols, including FIX. Launched in 2012, Esprow ETP is an integrated testing framework that addresses the requirements and challenges of the development, QA and risk management departments. ETP is quickly grabbing the attention of the industry’s most forward-looking players aiming to automate testing, reduce technology risk, and comply with global regulations for testing of trading systems and algorithmic trading strategies.
For further information, please contact:
Esprow Sales Team Tel: +1 (347)-255-7798 Email: sal[email protected]
For more information about Esprow and Esprow ETP, visit www.esprow.com