EP3®️ Wins 2026 TabbFORUM NOVA Award: Honoring Top Innovators Across Financial Markets

By Jeff Kutler

Originally published on TabbFORUM.

If a market venture is new and novel – say, in the burgeoning predictions space – there’s a good chance it will turn to Connamara Technologies and its EP3 for exchange and clearing functionality. This is the technology that Interactive Brokers’ ForecastEx subsidiary adopted, as did Railbird Exchange (which was acquired by DraftKings), BEE4 of Brazil for tokenized equities, and ElectronX for electricity derivatives.

As of January, the Austin, Texas, company said the cloud-based, asset- and industry-agnostic EP3 was powering 12 exchanges and three clearinghouses worldwide, “a diverse range of traditional and new asset classes including perpetual futures, tokenized assets, crypto, energy derivatives, sovereign bonds, sports” and more . . . Importantly, it offers true 24x7x365 trading capability, making it the optimal choice in a world where trading never stops.”

“We’re impressed by Connamara’s ability to meet our exacting requirements with EP3 and deliver customized exchange technology tailored to our self-custody model,” Randy Myers, head of product – exchange, Figure Markets, said when announcing its vendor choice last year. “As Figure Markets expands its product offerings and customer base, we expect to lean on EP3 to help accelerate our growth.”

Jim Downs, Connamara CEO and co-founder with Maureen Downs, said of Figure: “They are a team of professionals that are bridging the gap between DeFI and TradFi. We are grateful for their trust. We’ve enjoyed the challenge of working together to build this exciting new marketplace and look forward to witnessing their continued success.”

In December, Daniel Davis, whose customers included ForecastEx, Railbird and ElectronX, was promoted to chief revenue officer. Before joining Connamara in November 2022 as head of growth, Davis held development and strategy roles at PIMCO, Dimensional Fund Advisors and WorkTango.