Requirements from business perspective:

• Banking account (or implementation of payment processor) so your customers can deposit fiat to the exchange.
• Support manpower to administer the exchange (such as user support, fiat management for incoming funds, maintenance of cold storage etc.).

Legal requirements:

• License for operation the exchange as well as knowledge of local compliance regulations (depends on the licensing process in your local region).
• We send you a signed and printed contract via express mail (about 3-4 days international delivery time) that needs to be signed and sent back (takes about 2 weeks).

Technical requirements:

• Setting up your exchange installation (3-4 days)
• Application for SSL Certification (can be done synchronously, takes some days usually)
• Rerouting the DNS entries of the domain where your exchange should be operated to our DNS servers (a few hours)
• Customization of your exchange to implement your specific business case (this ranges from hours to months depending on the depth of the implementation you wish)
• Testing and Go Live (a few days, but also depends on the amount of customization done)

Yes, every fully licensed exchange operates on at least 3 servers exclusively rented for your exchange.