Turquoise Selects AppLabs As Testing Partner

Turquoise, the multi lateral trading facility established by nine leading European investment banks is partnering with AppLabs, the world's largest independent testing, quality management and certification organisation, to deliver the testing programme which will verify and ensure that the trading

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Turquoise, the multi-lateral trading facility established by nine leading European investment banks is partnering with AppLabs, the world’s largest independent testing, quality management and certification organisation, to deliver the testing programme which will verify and ensure that the 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 functionalities 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. Bringing to bear the experience of AppLabs to thoroughly test the Turquoise platform will help us to achieve this goal,” says Yann L’Huillier, chief technology officer, Turquoise.

“With our extensive testing experience and in-depth understanding of trading platforms, AppLabs is able to ensure that the functionality and efficiency of Turquoise’s trading system will be able to exceed the expectations of the marketplace at its launch,” adds Graham Smith, head of Client Engagement, Europe, AppLabs.

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