NEPSE receives application from two Indian software companies for UAT; UAT to start after selection of the company

Nepal Stock Exchange has received applications from two software companies for the User Acceptance Testing (UAT) of the Online Trading System.

Two Indian software companies (Capi Track and AKH Information Technology) have placed bids to apply for the UAT of the online system. After the selection of a company from amongst the two companies, the procedure of UAT will move further. The selected company will have to complete the testing within 2 months. NEPSE has set apart about Rs 1.50 crore for the UAT.

NEPSE had published a notice calling up for bids for the UAT. The last day for the bids was on Ashadh 10, 2075. Till the last day, only two applications have been received.

The test will be focused on the security of the online system. The UAT will also test if the software works according to the specifications. For the implementation of any kind of new software such testing is done.

Only after the completion of the beta testing, the online trading system can be implemented. So the investors as well as the stakeholders will have to show their patience for a longer time.