”The Crest Simulator has provided an excellent testing platform which has greatly improved our testing and enabled us to provide a much better service to our users” Societe Generale
"I believe our testing has improved since we began using the simulator. I can think of several occasions where we’ve picked up potentially major flaws prior to putting changes live." Investec
"You are mirroring CREST very well e.g. latest version numbers of messages in accordance with CREST development. You are able to do difficult testing scenarios (e.g. changing a timestamp to reflect a Saturday, which needed manual intervention of an automatic function), which we couldn't do with CREST unless we tested on that day" Dresdner Kleinwort
We have found the responses both from the simulator and from the helpdesk/support team more than acceptable which has helped reduce project timescales and also improve our testing and other activities.
Establishing a second connection has further improved our use of this service, as our two internal systems no longer have to book slots to use the simulator." Broadridge
When we originally started to look to develop a back office CREST settlement system the one big issue that remained was how could we make the testing of the system seem realistic yet fall within our Project Budget. Safe Financials was recommended to us by someone who had used their products at a previous company.
By utilising the CREST Simulator I think it is fair to say that we achieved more than we ever expected. Not only did the simulator assist us in achieving an aggressive 'Go Live' date it also gave us comfort prior to testing with CREST. The interaction with Safe is almost identical to our live interaction with CREST. Even down to the Safe Financials help desk acting in much the same way as the CREST helpdesk. Obviously the SF helpdesk go even further, assisting in creating Corporate Events etc and tailoring your environment to your testing needs.
All in all we have found Safe Financials willing and able business partners and continue to utilise the Simulator. I have no hesitation in recommending the Simulator product to prospective clients of Safe Financials." Mellon Bank
"We run a regular monthly regression test, checking all the major parts of the system on a rolling basis every month. An important part of this is the CREST test scripts, which cover the whole life cycle of a contract from booking through to contracting, sending to CREST, matching and settlement, which prove Figaro against the simulator. Other CREST processes, such as stock balance reconciliation and CMA reconciliation are also tested - we'd find this considerably more time and resource consuming if we didn't use the Simulator" JHC
Please see our Customers page for details of all Safe Financials' clients.