Capital Markets

Capital Markets Competency Center counts over 100 Capital Markets industry focused IT professionals across the EPAM locations.

The Capital Markets Competency Center's (CMCC) strategic goal is to maintain superior industry expertise and offer services internally and externally to support EPAM's financial services projects and clients.

The Center extends EPAM's financial services expertise by:

  • Seeding the teams for projects in Capital Markets, providing BA, PM, lead architects and developers
  • Accumulating experience and knowledge in Capital Markets domain
  • Systematically training BAs, QAs and PMs based on their specialization by involving both external and internal experts
  • Augmenting project teams with specific domain relevant leadership
  • Providing independent review of project documentation assuring quality decision making

In addition to supporting project implementations for Banking and Financial Services clients, the CMCC delivers an extensive set of specific services. The Center provides products, reusable frameworks and components for trading and operations in all asset classes:

  • OMS /EMS
  • FIX engines, servers, and log analyzers
  • Matching engines
  • Market data feeds adapters
  • Testing harnesses

The in-house developed proprietary tools for FIX connectivity test automation feature over 1000 pre-built test cases and scripts.

The EPAM Performance Lab specializes in high-performance, low latency solutions, while providing expertise and tools for optimization of the high-volume, real-time systems such as OMS and EMS.

Functional Scope Platform
Order entry & processing
Book Management
Order Crossing
Market analytics
Algo trading
Direct Market Access
Cross-asset OMS Dark pools
Technology CEP
Market Risk assessment & management
Credit Risk assessment & management
Quality of execution management
Verifications & client accounting
Time series data bases Kx
Financial mathematics
Client management
Product management
Settlements & Matching
Regulations & compliancy
Transaction processing
Clients systems maintenance
Vendor systems support


Data exchange bus
Feed processing
Dataflow processing
Workflow management
Business processes automation
Market Data Connectivity

Client reports
Regulatory reports
Reporting based on operational database
OLAP data warehouse
Management Information System (MIS)
IBM Cognos
SAP BusinessObjects
Online trading applications
Mobile trading applications
Market data distribution
Corporate public sites
Intranet news
Rich Internet Applications

Consolidated Audit Trail. Getting ready.

The Securities and Exchange Commission (SEC) issued Rule 613, which requires creation, implementation, and maintenance of a Consolidated Audit Trail (CAT), a central repository, covering all market participants across multiple asset classes. EPAM has responded to the RFP, was qualified and then shortlisted. Having deep expertise in multiple disciplines required to comply with Rule 613 EPAM is starting to work with the broker dealer community helping identify the gaps between the existing operations and the processes needed and required.

Featured Case Study

MICEX teamed up with B2BITS®, EPAM Systems' Capital Markets Competency Center to create an open Market Data interface compliant with the standard Financial Information Exchange (FIX) protocol.