November 13, 2024, Austin, Texas — ForecastEx, a wholly-owned subsidiary of Interactive Brokers (IBKR) and a US-regulated predictions exchange and clearinghouse, processed an impressive $560 million+ in election contracts for the 2024 U.S. general election. The innovative technology driving those contracts? Connamara Technologies’ EP3 ® matching engine and exchange platform.
In the days leading up to and during election night, EP3 operated like the gears of a fine timepiece: inconspicuous, vital, and unfaltering. This synchronicity of unyielding performance weathered waves of volatility and seamlessly processed trades at a record volume.
Working in concert with ForecastEx’s internal teams, Connamara Technologies’ engineers monitored systems around the clock, ready to respond to surges in trade volume with precision and expertise. The team’s commitment went beyond standard duty, ensuring unparalleled service during this first-in-a-lifetime historic trading event.
With EP3 powering its trading, ForecastEx has not only established a benchmark for transparency in elections but has also offered the public real-time, market-based insights into election sentiment. EP3 operates from a legacy of trading knowledge that dates back to the late 1980s.
“While you may not recognize the name EP3 just yet, you’ll certainly recognize our impact. Whether you placed a trade or watched from afar, the 2024 election proved our technology’s resilience and our team’s commitment to deliver seamless, high-volume processing at every turn for future predictive events,” said Jim Downs, Co-Founder and CEO of Connamara Technologies.
As predictions markets continue to grow, the unseen elements – the EP3 technology and the engineers who support it – will remain crucial to providing reliable, transparent platforms that allow for public sentiment to be expressed and analyzed in real-time. Moving forward, Connamara Technologies aims to expand EP3’s reach, enabling new exchanges and markets to take advantage of this dependable backbone technology.
About Connamara Technologies
Connamara Technologies is the leading provider of fully-integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3 platform is a new breed of exchange and clearing technology that seamlessly integrates all key functions into a single, robust platform. It is cost-accessible, adaptable, scalable and quick-to-market. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3 is shaping the future of financial markets.
In this Connamara Technologies Spotlight, we highlight how EP3 technology powered BEE4, Brazil’s first regulated tokenized stock market. Patricia Stille, CEO and Co-Founder, Rodrigo Fiszman, Co-Founder and Chairman, and Paloma Sevilha, Head of Products, speak on BEE4’s innovative trading platform and how our matching engine, our customized approach, and our support services allowed their technology to thrive. The full Case Study on our work with the Sao Paolo company illuminates how BEE4 leveraged Connamara Tech’s APIs to customize their exchange precisely to their specifications, adapting certain rules to align with the Brazilian market.
We chose Connamara’s solution after evaluating other providers across the globe. This is the kind of partnership that is key: not only to develop the SME segment but also to expand to other niches and scale up.
– Patricia Stille, CEO and Co-Founder of BEE4
Transcript:
Patricia Stille, CEO and Co-Founder of BEE4: BEE4 is a pioneering OTC market in Brazil focused on SMEs and one of the first initiatives globally using blockchain and regulated market infrastructure. With the creation of this new market, SMEs can gain access to capital markets, fund their expansion strategies, and improve their visibility. At the same time, clients can benefit from IPOs and trade shares of high-potential firms typically unavailable in traditional exchanges.
Rodrigo Fiszman, Co-Founder and Chairman: BEE4’s trading model has a weekly auction with tunnel prices, so, at the end of the day, you can only put orders and input a trade between the tunnels in the auction. Since we’re talking about small and medium companies with less liquidity, we were focused on reducing the volatility for the owners, entrepreneurs, of those companies. BEE4 received its license in September 2021. From that day ’till one year after we launched, we were able to have more than 6,000 investors in our trading venues. We had four IPOs in a period when you didn’t have any IPOs in Brazil.
Paloma Sevilha, Head of Products: Connamara Technologies is the company behind EP3. EP3 is the order-matching engine and the exchange trading platform behind BEE4 operations and other exchanges worldwide. We chose EP3 for a few reasons. First of them, they are a well-established exchange platform. Second reason, they were very open to building these new features with BEE4. And third, they were part of the project regarding the FIX protocol which is something that is crucial for business. EP3 is very asset-neutral. And in BEE4 we work with tokenized stocks. And, we’re planning to work with different assets. We can have all these assets in EP3. We can just create a product and we can build that in a few minutes just with a few clicks. Besides that, we have the Connamara support team that is available 24/7. We work from 10 a.m. to 8 p.m., so we do need a team that is available for longer hours in case there are any bugs or any questions or any maintenance needed. They’re there and they answer really quick.
Rodrigo Fiszman, Co-Founder and Chairman: So, in the end of the day, having Connamara as a partner and using EP3, it was all about scalability and also leveraging ready-made solutions that allow us to gain a head start.
Patricia Stille, CEO and Co-Founder of BEE4: We chose Connamara’s solution after evaluating other providers across the globe. This is the kind of partnership that is key: not only to develop the SME segment but also to expand to other niches and scale up.
AUSTIN, TX, CHICAGO, IL – October 8, 2024 – Connamara Technologies, a leading provider of fully integrated exchange infrastructure solutions, is proud to announce that Zero Hash, the foremost crypto and stablecoin infrastructure platform, has successfully implemented its digital asset platform, powered by the proprietary EP3® matching engine.
EP3 is a versatile and scalable exchange platform designed to meet the evolving needs of the emerging asset market.
Why it Matters to Zero Hash
By leveraging EP3’s advanced features, Zero Hash can efficiently match orders, manage risk, and access new markets.
EP3’s flexibility allows Zero Hash to explore new use cases, further solidifying its position as the leading infrastructure provider for start-ups, enterprises, and Fortune 500 companies, powering a diverse range of use cases: cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets and on and off-ramps.
Why it Matters to Connamara Technologies
Partnering with Zero Hash, a major and rapidly growing player in the crypto and stablecoin infrastructure space, reinforces the early EP3 design decisions to provide an exchange infrastructure platform that is flexible and can scale as our customers grow.
Quotes
“Zero Hash has assembled a top-notch business and engineering team, and we are honored that they selected EP3 and Connamara Technologies as technical partners in creating a world-class crypto infrastructure.” – Jim Downs, Co-Founder and CEO of Connamara Technologies.
“The team at Connamara provides deep technical expertise and market knowledge that has helped Zero Hash scale critical aspects of our product offering to meet market demand. The digital asset space is constantly evolving and Connamara’s ability to adapt and evolve has played a pivotal role in our success.” – Adam Leaman, Zero Hash Chief Client Officer and Founding Team member.
About Zero Hash
Zero Hash is the leading crypto and stablecoin infrastructure provider that seamlessly connects fiat, crypto and stablecoins in one platform, enabling a better way to move and transfer money and value globally.
Through its embeddable infrastructure, start-ups, enterprises and Fortune 500 companies build a diverse range of use cases: cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets and on and off-ramps.
Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.
Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. This registration enables Zero Hash to offer its crypto services in Australia. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. A FSP in New Zealand is a registration and does not mean that Zero Hash Australia Pty Ltd. is licensed by a New Zealand regulator to provide crypto services. Zero Hash Australia Pty Ltd.’s registration on the New Zealand register of financial service providers does not mean that Zero Hash Australia is subject to active regulation or oversight by a New Zealand regulator. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) registration by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).
Zero Hash services and product offerings may not be available in all jurisdictions. Zero Hash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US. Zero Hash’s technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. Zero Hash is not registered with the SEC or FINRA. Zero Hash does not provide any securities services and is not a custodian of securities, including security tokens, on behalf of customers.
About Connamara Technologies
Connamara Technologies is the leading provider of fully-integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3 platform is a new breed of exchange and clearing technology that seamlessly integrates all key functions into a single, robust platform. It is cost-accessible, adaptable, scalable and quick-to-market. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3 is shaping the future of financial markets.
Austin, Texas – August 14, 2024 – ForecastEx successfully launched its innovative predictions exchange for contracts on US economic and global climate events on August 1st, backed by Connamara Technologies’ fully integrated EP3™exchange and clearing technology.
ForecastEx, a wholly owned subsidiary of Interactive Brokers Group, Inc. (Nasdaq: IBKR), is licensed by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO).
US economic events offered on ForecastEx include Unemployment Claims, Consumer Price Index, Retail Sales, Fed Funds, Housing Starts, and others. Global climate events include temperatures and atmospheric CO2.
EP3™ is a New Breed of Exchange and Clearing Technology:
An end-to-end solution seamlessly integrating all key functions into a single, robust platform, including market access, market-data distribution, order matching and execution, exchange operations and administration, risk management, market surveillance, regulatory reporting, and clearing and settlement.
Purpose-built for the next generation of exchanges and marketplaces with technology that is quick-to-market, cost-accessible, and easily adaptable to new asset classes and ways of trading.
Meeting the evolving needs of dynamic markets like predictions, crypto, and tokenized real-world assets, while addressing regulatory requirements for traditional markets like equities and derivatives.
ForecastEx CEO David Downey:
“We’re impressed with Connamara’s ability to meet our exacting requirements with EP3TM and deliver exchange and clearinghouse technology for an entirely new market. As ForecastEx grows, we expect to lean on the EP3 platform and team to introduce more innovative features for our customers.”
Connamara Technologies CEO Jim Downs:
“It’s a privilege to work with the visionaries at ForecastEx and we’re grateful for their trust. We’ve enjoyed the challenge of building this unique market and look forward to working alongside the ForecastEx team to enhance its capabilities over time.”
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About Connamara Technologies and EP3™
Connamara Technologies is a leading provider of fully integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability via its EP3™ exchange and clearing technology. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3™ is shaping the future of financial markets.
In the latest release of EP3’s matching engine, version 0.4.42-1, we’re proud to unveil a transformative capability: cross-platform deployments for cloud CPUs, enhancing the versatility of our exchange technology and offering customers:
Universal compatibility and seamless operation across diverse hardware (including ARM64 chips)
Cross-platform support that extends to future architectures not yet released (e.g., AWS Graviton2, Graviton3, and inbound releases)
Lower overall operational costs by supporting the most practical cloud CPU architectures (by up to 20%)
Potential performance enhancements clocking in around 30%
What is Cross-Platform Deployment?
Many of us are familiar with MacOS’s transition to “M” chips and the challenges of running older Intel 64-bit applications on M1 and M2 processors. These transitions often require users to wait for software vendors to update their applications and provide MacOS or Universal Binary support. Similarly, we may be aware of 32-bit compatibility mode on Windows but may not fully understand its purpose.
At the heart of these challenges lies the concept of cross-platform deployment. Every computer contains a CPU* chip that operates according to a specific set of instructions. Software applications must be translated into the language understood by the CPU to function properly. There are various “languages” spoken by CPUs, with 32-bit and 64-bit being just two examples among many. For instance, the Mac Notes app must be compatible with both Intel 64-bit CPUs in older machines and ARM 64-bit CPUs in newer M1 or M2 laptops, despite being 64-bit architectures.
The complexity extends to the cloud, where different CPUs offer varying cost levels, speed, and power consumption. However, not all CPUs “speak” the same language.
The EP3 Solution, Inspired by Customer Feedback:
EP3’s new cross-platform deployments solve this multi-language translation issue and empower exchange operators to deploy to any Cloud CPU. EP3 cross-platform deployments are not much different from the MacOS Universal Binary. Our latest updates provide customers with one straightforward installation to use on any Cloud CPU that suits their needs without worrying about application support.
This solution was driven by customer feedback and market demand. An EP3 customer approached us with a desire to lower their cloud costs by leveraging AWS Graviton CPUs. In response to this feedback, we introduced multi-platform support into our software build system, ensuring compatibility with ARM64 architecture and other future CPU innovations. This customer-centric approach to innovation underscores our commitment to providing solutions that meet the evolving needs of our users.
Once released, this feature will be available to all customers regardless of commercial specifics.
Stats: Lower Costs, Performance Enhancements Across the Board
According to our research, substantial evidence supports the benefits of cross-platform deployments regarding cost reduction and performance enhancement.
Follow us on LinkedIn and subscribe to our newsletter to stay informed about the latest news and releases from EP3, ensuring that you never miss out on the latest advancements in our EP3 matching engine and exchange technology.
*Note: “CPU” and “processor” are interchangeable terms, as are “CPU language” and “hardware architecture.” Similarly, while “machine” typically refers to a device like a laptop, “machine type” may denote a category of CPU/processor that operates using a specific CPU/machine language/hardware architecture.
Austin, TX, MAY 2, 2024 — Connamara Technologies announced today that it has joined Google Cloud Partner Advantage at the partner level for the Build engagement model.This gives Google Cloud customers the ability to create financial exchanges and other exchange technology solutions that are built with and run on Google Cloud.
As a Google Cloud partner, Connamara Technologies offers customers the ability to build and operate highly customized exchanges with the EP3 platform as its foundation. Key features of the platform:
Order Matching Engines, Auctions, RFQs, and other market mechanisms
Exchange Operations and Reporting
Market Surveillance and Risk Tooling
Clearing and Settlement Workflows
APIs for other custom functionality and integrations
EP3 is supported by a dedicated team of professionals with decades of experience building custom software for capital markets. Connamara Technologies’ professional services and support teams allow customers to scale quickly, receive immediate support, and extend EP3’s functionality.
“Although EP3 can be deployed on-prem or to any cloud provider, it is an obvious fit for us to be a Google Cloud partner because we love building on the Google Cloud ecosystem and are confident we can provide our customers and future customers with a better experience of building marketplaces through this partnership with Google Cloud.”
– Daniel Davis, Head of Growth, Connamara Technologies
To learn more about how EP3 can help build your marketplace, contact [email protected].
About Connamara Technologies
Connamara Technologies builds future-ready exchange platforms and order matching engines. It’s the company behind EP3, the advanced exchange platform and order matching engine incubated by Connamara Systems.
While attending the FIA Boca Conference 2024, our Co-Founder & CFO, Maureen Downs, was tapped for an interview with Smarter Markets alongside other thought leaders who provided valuable insight on seizing future opportunities within the industry.
…Now there’s an opportunity to introduce those folks to a range of new products in the futures world, in the derivatives world, in options. Those people are primed to be the next generation, but those folks are going to want technology. They want frictionless trading, they want it to be fast, easy, 24/7. The next generation who have had a taste of trading how can bring us our market into the futures market that is safe, secure, and developed.
— Maureen Downs on the changing landscape of trading.
David Greeley: Welcome back to SmarterMarkets. We’re at FIA Boca, and I’m joined by Maureen Downs, co-founder and CFO of Connamara Technologies. Thanks so much for taking some time to sit down with us, Maureen.
Maureen Downs: Oh, thank you so much for having me.
David Greeley: Absolutely. And I was hoping for our listeners if you could just take a few minutes to tell us a little bit about Connamara and how you see your role in the markets.
Maureen Downs: Sure, Connamara Technologies is a provider of exchange technology for new markets, for emerging markets, for established marketplaces. It’s an end-to-end, fully integrated platform solution.
David Greeley: That’s terrific. And who are your customers?
Maureen Downs: Our customers, it’s a broad range. You know, there are so many new asset classes that are emerging. So we think about crypto, think about carbon, think about events. So many of our clients are in new asset categories. Other clients are emerging markets, particularly Eastern Europe, South America, Africa. So emerging markets where markets unlike here, where markets are highly developed, their markets are just in the nascent stage. And then of course we have established exchanges, there are many exchanges around the world who are broadening their market access, broadening their customer bases, broadening their product markets. So it’s a very wide range of customers.
David Greeley: And am I right that part of what you provide are like the matching engines that enable exchanges to function in these different asset classes?
Maureen Downs: Absolutely, we have a matching engine that is just the start of it. Of course, there is market surveillance, there’s risk management, there’s banking, there’s settlement, there’s clearing, there’s all the elements that from the start of the trade all the way to the clearance and settlement and movement of the money of the trade. That’s our solution.
David Greeley: And I wanted to ask you, because my understanding is you’ve been coming to Boca since 1996, is that right?
Maureen Downs: Since years began, with one. Yes, I think my first year was 96 or 97, but it’s one of those two.
David Greeley: So you’re not one of the come latelys, that’s for sure. But I have noticed there’s a lot more technology companies, I think here over the last few years than there may have been earlier. Is that true? Is that your experience? And how do you see that having developed over the past couple of decades?
Maureen Downs: Well, absolutely. I mean, when I first came here in the late ’90s, technology was really not a factor at all. I mean, at that time, the CME and the CBT had global backs and their technologies, exchanges themselves had technologies, but there was not a wide range of front ends, back end technologies, risk management technologies. They just weren’t there. Now, as we all know, those have developed in great measure over the past 20 years, particularly because of the issues they address. It’s market access, it’s risk management, it’s compliance, all those issues that are so important. And over the years, are the issues that when you come here to Boca, the people are talking about.
David Greeley: And who are the people you find are most engaged in those conversations? Because there’s a lot of talk obviously of wanting to move everything digital, processes that are maybe very human intermediated and require a lot of paper, trying to get to solutions that are a little bit more streamlined, a little bit more efficient. Who are the folks that you find are most engaged with technology right now?
Maureen Downs: You know, it’s interesting and why it’s so important to come to this conference because whether you’re a regulator whose job is to make sure that our markets are safe and secure, whether you’re an exchange who also has an interest in making sure that there’s adequate risk management, adequate monitoring of trading, of manipulations, whether you’re a brokerage firm who is looking for solutions to make the experience better for their customers or more cost-effective for their customers, whether you’re a thought leader thinking about how all these markets, how they change over time, how they can provide better access, better experience, better safety for customers. So, it’s extremely wide. And that’s why it’s great to come here. And no matter who you sit and talk to, no matter what end of the industry they come from, we’re going to talk about technology at some level.
David Greeley: That’s great. And for people who are able to come to the conference, is there anything you’ve overheard this week that you were like, “Oh, that’s interesting, that’s new”?
Maureen Downs: Of course, there’s a lot of talk this week about AI, and not just in this industry, in every industry. But one of the conversations I’ve had multiple times this week is about thinking about the growth of the retail customer in futures. And part of that growth started with crypto and part of it started during COVID. So, a whole generation of people who had never traded anything before were introduced during COVID to the world of trading through crypto. And so, that whole generation of folks who’ve never experienced trading, now there’s an opportunity to introduce those folks to a range of new products in the futures world, in the derivatives world, in options. Those people are primed to be the next generation, but those folks are going to want technology. They want frictionless trading, they want it to be fast, easy, 24/7. That next generation who have had a taste of trading, how they can bring us our market into the futures market that is safe secure developed. A great range of products.
David Greeley: It’s a really fascinating point, right? Because these people that are new to the market, they might be new to the futures markets, but they’re also very technologically sophisticated. They’re used to things working very well, very seamlessly, as you said. And when you look around at the state of the technology in the futures industry, like what do you think we as an industry need to be doing to bring our technology up to the level of expectations and needs that this new group of investors is looking for and accustomed to?
Maureen Downs: I think certainly it has to be frictionless and seamless. And I think one of the challenges we have as an industry is many of our technologies were developed for single purpose. They might have been for the purpose of market surveillance, or risk management, or they might be front-end trading systems or analytic systems. They were built for single purpose and sometimes they don’t work easily together. They’re bits and pieces that you put together, but that next generation of trader, they want all that in one place, they can pick and choose and in a single application. So, I think we’re going to have to get better and think about how to integrate our various technology systems, all the way through payments and clearing and margining and all those things. They can exist as separate systems, but they do today, right? And thinking about the opportunity that’s there relative to what you’ve seen, the opportunities for the use of technology over the past 20 years, what do you see as the big opportunities moving forward? Is it being able to bring in that whole new group of traders into futures markets, or are there other opportunities that you see as well?
Maureen Downs: Oh, I think that’s a great opportunity. But I think there’s also an incredible opportunity in two areas. One, when we think about emerging economies, and that is large parts of South America, Africa, Asia, some of those markets who are just nascent, they look to developed markets and say, “There’s an opportunity to grow our GDP, there’s an opportunity to raise living standards for some of our producers, some of our farmers, some of our miners.” And markets can do that. I’m a big believer in exchanges because they bring price transparency, liquidity. They will have the opportunity to tighten spreads. And I think that increases the wealth for everyone. And I can’t tell you how I think that is a grand opportunity for our industry. And we at our company, we see the demand coming from all over the world to come into markets.
David Greeley: That’s terrific. Thank you so much for sharing your time, your insights, your experience with us today. Really appreciate you coming by and talking with us on Smarter Markets.
Maureen Downs: Well, thank you so much for having me. [Music]
FIA is the leading global trade organization for futures, options, and centrally cleared derivative markets. With offices in Brussels, London, Singapore, and Washington, D.C., its mission is to support open, transparent, and competitive markets, protect and enhance the financial system’s integrity, and promote high standards of professional conduct. Since 1955, FIA has partnered with global regulators, promoted industry-led best practices, supported efficiency and innovation, and ensured the safety and soundness of global cleared derivatives markets now and in the future.
Connamara Technologies can leverage this newly granted membership to connect with market participants, regulators, and industry leaders. With FIA’s high-level advocacy support, the Technologies team can access exclusive member-only data visualizations, including levels of trading activity on global futures exchanges, risk exposures at CCPs, the amount of customer funds held by U.S. clearing firms, and SEF volumes. FIA also maintains a central repository of exchange-provided risk controls and practices in global cleared derivatives markets for the use of FIA members.
Connamara Technologies will celebrate our membership acceptance by sponsoring the Pickleball Clinic at FIA Boca, the annual International Futures Industry Conference, on Mar 10, 2024.
“It’s an honor for our young company to be granted membership in FIA,” remarked Connamara Technologies co-founder and CEO Jim Downs. “The FIA and its prestigious membership ranks represent the leading thinkers driving future thinking in global derivative markets. Connamara Tech is pleased to be among this exclusive list of innovators.”
Access Connamara Technologies’ member profile and official announcement here.
About Connamara Technologies:
Connamara Technologies is the company behind EP3, the asset-agnostic exchange platform conceived and incubated at Connamara Systems, a provider of capital market trading solutions since 1998. EP3’s comprehensive platform provides solutions for exchange operations, order matching and execution, market surveillance, and settlement. EP3 creates performant, reliable, and scalable marketplaces enabling an exchange to run continuously with virtually no downtime. Connamara Technologies and its team of experienced professionals enable big ideas and remain dedicated to developing innovative technology that better serves the needs of tomorrow’s exchanges. Learn more: https://www.connamara.tech/company/
When it comes to choosing an exchange platform and matching engine technology for global markets, the right technology partner can be a make-or-break decision for regulated exchanges. There are many factors to consider when choosing the right matching engine software and exchange platform provider for global markets.
At Connamara Technologies, we understand your challenges when launching a global exchange from decades of experience. The following are reasons regulated exchanges across the globe have chosen EP3TM, our cutting-edge exchange platform.
The Global Appeal of EP3
In a world where financial markets are interconnected and technology is the lifeblood of exchanges, EP3 has been chosen by regulated exchanges across four continents — South America, the United States, Europe and Asia — for the following reasons:
1. Customization for Varied Needs
EP3 distinguishes itself through its robust customization capabilities, ensuring that exchanges can tailor the platform to suit your unique requirements. This customization extends to:
Versatile APIs, Microservices, and Cloud Integration: EP3’s extensive APIs and microservices provide exchanges with an expansive canvas for customization. Exchanges can leverage these tools to craft custom software, interfaces, and trading user experiences that align perfectly with their branding and workflows. Moreover, EP3’s cloud integration offers the agility needed to adapt to changing market dynamics.
Configurable Alerts: EP3 empowers exchanges to configure alerts for market surveillance, allowing them to fine-tune monitoring systems to their specific needs. This level of control is crucial in today’s dynamic trading environment.
Tailored Regulatory Reporting: Regulatory reporting requirements can vary significantly between jurisdictions. EP3 offers exchanges the flexibility to create custom reporting modules, ensuring seamless compliance with distinct regulatory mandates. Whether through Connamara’s Professional Services or in-house development teams, EP3 accommodates diverse regulatory landscapes.
2. Deep Expertise Across Markets
EP3’s global appeal is significantly enhanced by its profound expertise across a variety of markets. This expertise includes:
Benchmarking Excellence with U.S. Standards: U.S. markets set the gold standard for security, availability, disaster recovery, and market surveillance. Working with a company experienced in U.S. markets means working with the best of the best.
Regulatory Framework and Market Maturity: EP3 aligns itself with more mature markets, ensuring that exchanges can confidently navigate complex regulatory requirements. This alignment reduces regulatory risks and instills confidence in exchanges seeking stability and regulatory rigor.
3. Successful Global Operations
The third reason for EP3’s popularity lies in its adaptability to diverse markets, further enhancing its global appeal. EP3’s adaptability enables exchanges to operate efficiently in various market conditions, providing a seamless experience regardless of location or regulatory environment.
Operating in U.S. and global markets, Connamara understands the stringent regulatory standards set by entities like the CFTC. This expertise ensures that exchanges can navigate complex regulatory environments with confidence.
EP3’s adoption is not just about the platform itself but also the expertise that Connamara Technologies brings to the table. Here are some advantages of partnering with Connamara:
Cost-Effectiveness: EP3 offers cost-effective solutions compared to other enterprise alternatives, making it an attractive choice for exchanges with budget constraints.
Flexibility and Customization: EP3 provides flexibility and customization options through APIs and professional services, ensuring that exchanges’ specific needs are met.
Let’s Launch Your Exchange
Ready to explore how EP3 can transform your exchange operations? Contact us today to learn more about how EP3 and Connamara Technologies can get you to the first trade faster.
