What is FIX API conformance or certification, and why do you need it? When someone’s trying to connect to your API for the first time, it’s important to test the connection to ensure that they can talk to your API correctly and effectively. Doing this in the UAT, or a customer test environment prevents any issues from arising prior to going into production.
FIX conformance certification is also beneficial from a regulatory perspective, either with MIFID II in Europe or Regulation SCI in the US, as both states the need for conformance from a system integrity perspective. API conformance also allows you to get to know your customer at a technical level, and assists in building your working relationship with them.
If you have any questions on FIX conformance or certification, please feel free to drop a comment below or send us a message at happytohelp@fixspec.com.
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