Our business has grown considerably in 2015- in particular, Adam Latchem has joined us full time as our Lead Technologist. Because of his vast experience and skillset, this is a game changer for EQF: suffice it to say that development of serious new features and capabilities is well under way.
The relationship with our top customer, the exotic trading and structured product desk of a very well known US investment bank, has been very successful and has grown remarkably: we look forward to continue growing together.We think it confirms that our approach of "small, niche, and high quality" can deliver better solutions than much larger competitors - even when they offer huge discounts.
We don't have bad news to report this time, so if you're looking for something to worry about I recommend looking into the trend of the open interest of listed derivatives and similar volume indicators, then fret over its possible impact on the pricing of structured products. Only half-joking, happy to discuss over a drink if you want.
I should now give the long list of major technical improvements, new features, new models that we have introduced, but I'll leave it for one-to-one discussions with those of you who might be interested.