EP3: Exchanges Made Easy™
Using advanced technology from trusted market experts, EP3 is the breakthrough exchange platform and order matching engine developed to make it easier to launch a new exchange, improve the performance of a current exchange, or expand into a non-traditional asset class.
Conceived by a Trader
EP3’s bloodline traces back to the trading pits of Chicago. The platform was conceived by an options trader who started in open outcry pits and has been a pioneer in the transition of trading from the pit to the screen. As a result, a deep understanding of how markets operate is built into EP3 — saving EP3 customers from reinventing the wheel and enabling them to focus on what makes them unique.
A Trusted Name in Tech Since 1998
EP3 was incubated within Connamara Systems — a leading capital markets software engineering provider since 1998 — then spun out into Connamara Technologies in 2022. The engineers at Connamara Technologies have deep experience in the rigors necessary to build applications for trading and capital markets. For customers, this means EP3 is built for the scale and reliability that capital markets require.
EP3 is the third version of our exchange platform that has evolved over 10+ years. The creators of EP3 took the lessons learned from previous versions and applied them from scratch to build an exchange platform and order matching engine that leverages the scale, reliability, performance, and flexibility afforded by modern software architecture and deployment methods like agile development and cloud deployment.
EP3 can be deployed quickly and easily to cloud, hybrid-cloud, and on-premises environments with the use of modern orchestration and containerization methods. This means that EP3 customers can be up and running quickly, focusing on building the business of the exchange, not the exchange technology.
Exceptional Professional Support and Services
Our Professional Services team can develop solutions around EP3 to address the needs of the market or asset class you are targeting. Our Support Service team is available 24×7 to help keep your exchange running smoothly.
Build or Buy? Making the Right Choice for Your Exchange Infrastructure Technology
When it comes to launching an exchange or upgrading your technology as an existing exchange, exchange, many companies find themselves at a crossroads: should they invest time, resources, and expertise into building their exchange infrastructure from scratch, or should they take advantage of a ready-made solution? Let’s look at some of the factors worth considering when making the decision about the future of your exchange.
Building an Exchange from Scratch
Building an exchange from scratch can be an enticing prospect for companies that want complete ownership and control over their technology. In fact, some start-up exchanges believe that owning their infrastructure can enhance their ability to attract investors and differentiate themselves in the market. While building from scratch gives companies the freedom to customize every aspect of their exchange to align with their specific vision and business goals, they can often overlook the substantial time, expertise, and resources this approach requires.
Complex Challenges, Costly Solution
Developing a robust and secure exchange infrastructure involves complex technical challenges, requiring expertise in areas such as architecture design, software development, and cybersecurity. Additionally, building means starting from ground zero, resulting in a lengthy development timeline. This can significantly delay your entry into the market, giving competitors using ready-made solutions a head start.
Furthermore, we’ve found that companies tend to underestimate the ongoing maintenance and support required to keep the exchange operational and up to industry standards. The responsibility of keeping up with evolving regulatory requirements and addressing potential vulnerabilities lies solely on your shoulders, which can strain internal resources and divert attention from other critical aspects of the business, such as monetezation and customer acquisition.
Advantages of Using an Exchange Product like EP3™
When it comes to cost, time, and resource requirements, opting for an established exchange product offers significant advantages. A matching engine software product like EP3 allows you to bypass what can be a years-long development process and significantly accelerate your time-to-market and revenue realization.
Ready-made exchange products also minimize the need to hire a team of specialized business experts and engineering professionals. With a product like EP3, companies can tap into a wealth of existing knowledge and experience, freeing up resources to focus on their unique differentiators. More importantly, these products offer proven integrations with upstream and downstream service providers to simplify the complex web of interactions within the exchange ecosystem, ensuring smooth operations and reducing integration challenges.
Benefits of Modular Licensing
While some companies may be tempted to build their exchange infrastructure to retain ownership of technology, exchange products can offer a compelling alternative. When looking for an exchange product, you can find one that ensures a fair balance between technology ownership and the support of a trusted vendor.
EP3 ensures a flexible and fair license agreement, that allows customers to pay only for what they need and add additional components as they grow. Connamara’s Discovery process provides detailed pricing and guidance that matches the exchanges tailored needs. This modular licensing structure means you only pay for the specific functionality and integrations your exchange requires, resulting in a more efficient and cost-effective path to market.
Focus on Features and Flexibility
A common concern associated with buying an exchange product is that the technology will not offer flexibility to customize your exchange when needed. When comparing exchange products, look for vendor partners that prioritize customer requests on their product roadmap and ensure that those enhancements align with your exchange business plan. Exchange products should offer APIs that empower exchanges to customize their offering and remain nimble in evolving market conditions. While Connamara provides in depth documentation that allows its customers to integrate, its Professional Services team can assist with development and integration as needed.
The Choice Is Yours
Ultimately, the choice between building and buying depends on a number of factors, including business requirements, available resources, time constraints, and the trade-off between control and convenience. But if you’re looking to save time, money, and resources, with a market-proven product that provides you with flexibility, customization, and ongoing support while you focus on differentiators that bring liquidity to your market, an exchange product like EP3 can deliver.
Let’s Get Started
Whether you already have an order matching engine and need help optimizing your product, or you’re just getting started and need help figuring out your next steps, we’re here for you. Our Discovery process dives deep into your needs and provides you with a detailed roadmap for getting to the first trade for a fraction of the cost of a license.
The Ultimate Guide to Exchange Technology
How to choose a fast, reliable, and scalable infrastructure for your exchange.
Whether you are establishing a new exchange or upgrading your legacy exchange systems, making informed decisions are crucial to your success.
Two of the most important decisions on the journey to upgrading or establishing a new exchange are understanding the available technology and choosing the right exchange technology partner.
In this ultimate guide is designed to help you through the process – from idea inception to production and beyond – to help you get to the first trade faster.
Download your copy to get a clear understanding of your technology options and how to choose the right technology partner.
APIs & Integrations
Integrate EP3 with third-party or proprietary market access and trading applications. Industry-standard, developer-friendly APIs enable you to integrate custom trading applications, market access connectivity, more efficient order management, clearance and settlement apps, regulatory reporting, and more.
Real-time and end-of-day alerts help exchange operators detect unusual activity. EP3’s built-in market surveillance tools reduce complexity by enabling you to trim the number of third-party tools connected to your platform.
All Markets & Trading Environments
EP3 is built to accommodate all types of markets and trading environments, from new marketplaces to traditional regulated exchanges.
- Designated Contract Markets (DCM)
- Swap Execution Facilities (SEF)
- Request for Quote (RFQ) Markets
- Auction Markets
- Alternative Trading Systems (ATS)
- New Marketplaces
- Non-Regulated Market Venues
All Asset Classes
Our powerful, asset-agnostic technology serves recognized asset classes and a broad range of assets that have never been exchange-traded before.
- Futures, Options, Swaps
- Environment Commodities (ESG)
- Predictions and Events
- Equities, Fixed Income, Rates
- Physical Commodities
- New Asset Classes
What makes EP3 different from other exchange platforms?
EP3 stands out as a breakthrough exchange platform and order matching engine due to its advanced use of modern technologies and team of experienced exchange technology experts . It offers unparalleled ease in launching a new exchange, enhancing the performance of an existing one, or expanding into non-traditional asset classes. EP3’s cutting-edge features, APIs, and intuitive user interface empower exchange operators across a diverse range of markets, ensuring a superior trading experience.
How can EP3 help streamline our exchange operations?
With its advanced order matching capabilities and optimized performance, EP3 ensures fast trades, reducing latency and enhancing market efficiency. EP3 offers cloud, on-premises, and hybrid hosting options with dynamic scaling, allowing you to keep pace with volume and order fluctuations — while scaling your costs as you grow. EP3’s comprehensive suite of tools empowers you to manage and monitor your exchange effectively, driving growth and success in a competitive financial landscape.
Does EP3 support non-traditional asset classes?
Yes, EP3 is specifically built to support any asset class, making it an ideal choice for those seeking to expand into new markets. Whether you are looking to launch an exchange for cryptocurrencies, digital assets, or other alternative financial instruments, EP3 offers the adaptability and robustness required to handle diverse asset classes. Its modular design allows customization to suit the unique needs of various markets, ensuring optimal performance and liquidity.
Can EP3 help with regulatory compliance and reporting?
Absolutely! EP3 is designed to assist with regulatory compliance and reporting requirements. The platform supports various regulatory frameworks, allowing you to adhere to the specific rules and regulations governing your market. EP3’s reporting features provide comprehensive and accurate data, simplifying the process of meeting compliance standards and facilitating regulatory audits. You can rest assured that EP3 enables you to maintain a transparent and compliant exchange operation.
Capitalize On Every Opportunity Earlier
Let us show you how our advanced exchange platform and matching engine can propel your organization to the front of the trading race.