This engagement is a result of PRM's Investment Committee decision to trade new markets which opens new growth opportunities and new trading strategies for the firm going forward.

Prescient Ridge Management's President, Alan Swimmer, states: "Connamara Systems proved the right fit for PRM. Their Made-to-Measure customizable approach allows us to focus on the Fund's new trading ideas by improving efficiency and increasing scalability. Our philosophy to trading has always been combining the best professional expertise with the best technology the market can offer."

Connamara's approach to trading infrastructure design and implementation uses Connamara proprietary components to shorten implementation time and will provide a robust, scalable and flexible platform that allows PRM access to more markets and more asset classes. Connamara also provides all source code which lessens relationship dependency as vendor and in-house teams work collaboratively. In addition to source code for the platform, Connamara will provide all the automated regression tests, and the necessary testing and continuous integration frameworks to allow Prescient Ridge Management to extend and maintain the platform.

Connamara will also integrate Prescient Ridge Management's trading strategy software with the new trading infrastructure for order routing and management, market data, position and risk management as well as post-trade analysis and reporting to ensure a complete and seamless transaction life-cycle process. Going forward, post-delivery, Connamara will be providing on-going support and development services to Prescient Ridge Management. The Connamara Systems integration team consists of three software engineers, one senior software engineer, one Business analyst, one project manager.

"Connamara Systems has been developing and delivering custom application development for almost 15 years. Having this experience and business approach allows us to move quickly as changes in the industry occur and provide a solid, proven technology base that enables us to reduce the time to market and lower the cost to our clients," says Jim Downs, Founder and CEO of Connamara Systems.