EPAM Builds Cloud Infrastructure for EU's First Equities…

Event summary

EPAM delivered cloud-native infrastructure for EuroCTP, the EU's first consolidated tape for equities and ETFs, launched September 14, 2026.
EPAM co-architected a hybrid cloud solution with high-performance data processing and real-time streaming capabilities.
EuroCTP is a joint venture owned by 16 European exchange groups, mandated by MiFIR for a five-year term.
EPAM's solution includes TimeBase database, messaging middleware, and customer-facing portals for market data access.

The big picture

The launch of EuroCTP marks a significant step toward resolving Europe's long-standing market data fragmentation, which has historically made access inconsistent and costly. EPAM's role highlights the growing demand for cloud-native solutions in highly regulated financial markets. The project's success could influence similar initiatives in other regions, particularly where transparency and data standardization are regulatory priorities.

What we're watching

Adoption Pace: How quickly European investors and trading firms will integrate EuroCTP's consolidated data into their workflows.
Regulatory Compliance: Whether EuroCTP can maintain compliance with ESMA's evolving requirements while scaling its operations.
Competitive Positioning: The extent to which EPAM's success with EuroCTP positions it for similar mandates in other regions.