Case Study: Watershed Technologies launches an auction-style ATS platform with Connamara

Watershed Technologies launches auction-style ATS in months with Connamara

Watershed Technologies, a fintech startup building alternative trading systems, faced the challenge of creating a proprietary auction-style ATS platform to revolutionize derivatives brokerage. They needed a safe, stable, and efficient application capable of reducing match and auction times. They partnered with Connamara for its FIX connectivity expertise and capital markets experience.

Connamara implemented a solution using a blend of its existing technology and custom Golang code, quickly adapting to the client's evolving needs. The proof-of-concept was ready in weeks, and a full-fledged, bug-free application was launched in just a few months. Connamara also provided its SOC 2 report, which assisted Watershed in gaining FINRA approval; the company is now in production as an equity options ATS.

Watershed Technologies