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S3 Signs One of the Largest U.S. Market Makers to Its Equities Best Execution Analysis Platform

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AUSTIN, TX November 3, 2015 – S3 (“the Company”), a financial services software company that provides customized solutions to monitor and analyze trade execution, today announced that it has signed a major U.S.-based market maker to its execution analytics software platform for the equities market. The customer win represents S3’s continued growth in the equities space alongside its significant options business, as one of the largest U.S. market makers joins the Company’s client base of institutions, broker-dealers, exchanges, and bulge bracket banks utilizing its market structure analytics tools.

 

S3 provides proprietary software tools that evaluate those factors impacting best execution across the multitude of exchanges and dark pools available in today’s fragmented, highly complex market environment. S3’s customer base for both equities and options analysis has grown substantially in 2015, and the Company has implemented enhancements to its product offerings stemming from each customer’s specific requests. In addition to best execution analysis, firms can utilize S3’s recently upgraded regulatory reporting suite to better comply with mandates such as SEC Rule 605 and 606, and the Company has hired new team members and increased its back-end capacity to fully support all client needs.

Mark Davies, CEO of S3, commented on today’s news, “We continue to improve our product suite as we expand our equities analysis business, in addition to our already strong options reporting offering. We are excited to now count one of the largest U.S. market makers among those clients utilizing our tools to monitor best execution for equities, and this client has additionally been utilizing our options capabilities for some time. Our innovative technology platform allows customers to determine those factors impacting historical execution quality, which will be invaluable as this market maker firm seeks to provide the best liquidity for its retail and institutional clients in support of more efficient markets.”

S3’s analytical tools are fully customizable for the needs of every client, providing them with the exact reporting capabilities that best suit their businesses. These specially tailored market data solutions enhance best execution analysis uniquely for each customer, and the Company works directly with market makers, exchanges, broker-dealers, banks and institutions to optimize the functionality of its software on an ongoing basis. Providing a range of analytical metrics is essential for understanding best execution, and as an independent data provider S3 delivers third-party trade verification.

Mr. Davies concluded, “Every client’s market structure analysis requirements are different, and customizability has always been one of the pillars of our service model. We offer our customers the ability to conduct multiple comparisons across a variety of metrics for each data set, allowing them to understand historical best execution at a deep level. S3 is growing internally as we continue to expand our client base across a variety of market participant categories, and we look forward to announcing new hires, customer wins, and additional enhancements to our execution analysis software suite in the coming months.”

 

For more information please visit: www.S3.com.

 About S3

S3 is a financial services software company that provides customized solutions to monitor and analyze trade execution, facilitate transparency, and simplify regulatory compliance. The Company’s products are used today by many of the world’s largest financial institutions, broker-dealers and exchanges to deliver market structure analytics and best execution reporting. With over 30% of U.S. listed options volume and a growing equities business, S3 leverages its proprietary software to provide 3rd party verification and optimize trade execution.

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