Organizations Behind PAM

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Net Exchange has a ten-year history of applying innovative market technologies to processes not traditionally handled with markets – PAM is the latest chapter in this history. Net Exchange is responsible for design, development, and operation of the PAM trading system.

The Economist Intelligence Unit is the business information arm of The Economist Group, publisher of The Economist. Through a global network of over 500 analysts, it continuously assesses and forecasts political, economic and business conditions in 195 countries. As the world's leading provider of country intelligence, the Economist Intelligence Unit helps executives make better business decisions by providing timely, reliable and impartial analysis on worldwide market trends and business strategies. The Economist Intelligence Unit is working with Net Exchange to collect and process the data on which the securities in PAM are based, and then to assess the value of the securities when they mature.

The Defense Advanced Research Projects Agency (DARPA) is interested in improving on existing techniques for predicting future events and for assessing the issues that underlie and influence what might happen. DARPA has funded the development and operations of PAM. U.S. government agencies will not be allowed to participate in PAM and DARPA will not have access to the identities or funds of PAM traders.