Microservice-based framework for automated testing of FIX protocol

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Authors: Aryan Ashish Nayak, Ami Bharat Desai, Aman Mehra, Pradnya Joshi
Cited by: 0

Abstract

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.

Fields of Study & Subjects

Software System Performance and Reliability Software Testing and Debugging Techniques Service-Oriented Architecture and Web Services

Publication details

Journal / source
IET conference proceedings.
Volume
2025
Issue
43
Pages
8–12
Publication date
1 February 2026
Language
EN