Report: Building Competitive Technology for the Exchanges of the Future

Conducted in partnership between Acuiti and Connamara Technologies

Building Competitive Technology for the Exchanges of the Future is a report on the relationship between investment and growth at exchanges around the world. Conducted in partnership between Acuiti and Connamara Technologies, this report explores how emerging and frontier markets, tier 2 and 3, and new exchanges are targeting growth in modern global markets.

The report finds that exchanges view technology investment as key to their growth objectives. This is especially so for emerging market exchanges, where 87% of firms said technology investment was central to their growth strategy. Furthermore, 97% of exchanges surveyed noted that their matching engine was an essential part of their business.

The report was based on surveys and interviews with 58 senior executives at derivatives exchanges from around the world.

Despite the widely acknowledged importance of investment, many exchanges have not taken recent action to upgrade their technology stacks. Less than half of survey respondents had made a major upgrade to their matching engine during the past six years.

These are just a few of the many key findings of the project.

Read the full report to find out:

• Where exchanges are targeting growth
• The status of the industry’s investment projects
• How exchanges are sourcing technology builds
• The challenges of running legacy technology stacks