May 2023 - Connamara

May 24th, 2023 – Austin, TX – BEE4 is pleased to announce that it has chosen Connamara Technologies as the technology provider for its exchange platform that connects emerging businesses with investors. BEE4 is leveraging Connamara Technologies’ EP3™ exchange platform to create a scalable stock market in Brazil.

BEE4 is Brazil’s first regulated tokenized stock market built for companies with annual revenues between R$10 million and R$300 million to trade shares within a secure, regulated environment. BEE4’s stock market platform combines its own blockchain technology with Connamara Technologies’ EP3 platform to offer capital and funding to new and emerging companies in Brazil.

According to BEE4’s CEO, Patricia Stille, the firm is passionate about giving investors access to new markets and innovative companies. “We chose Connamara Technologies because EP3 fits our model very well. The system is complete and flexible to meet new parameters, inherent in a new market where everything grows at an accelerated pace and needs to be ready to adapt to future realities with agility and security. At BEE4 we have several technology initiatives and the evolution of our systems requires a series of decisions over time. Among them, what makes sense to develop at home, what is core/strategic, and what solutions are offered by third parties and widely used by exchanges and organized markets around the world. To gain scale with robustness and explore BEE4’s innovative potential, partnership with leading providers, with robust and reliable solutions, is essential,” she said.

When asked why they choose to work with Connamara Technologies to build their exchange, the team at BEE4 stated there aren’t many vendors out there like Connamara Technologies. In particular, the team mentioned they liked that EP3 is scalable, flexible, and global, enabling BEE4 to build an exchange that is authorized by CVM, Brazil’s regulatory organization. EP3 is also one of the few secure exchange platforms that can incorporate BEE4’s own blockchain technology.

BEE4 joins an elite roster of companies that have worked with Connamara Technologies. Other firms that have chosen Connamara Technologies to build exchanges and matching engines include TeraExchange, American Financial Exchange (AFX), MaterialsXchange, and many other production and pre-production exchanges.

Connamara CEO and co-founder Jim Downs said, “We are excited to work with BEE4 on designing and building this stock exchange to service the Brazilian market. It’s a thrill to unite the blockchain technology BEE4 created with the scalability of EP3. The team at BEE4 has an ambitious mission to provide financial resources to emerging firms and we are happy to provide the technology infrastructure to help them offer this important service.”

About Connamara Technologies:

Connamara Technologies builds future-ready exchange platforms and order matching engines. It’s the company behind EP3, the advanced exchange platform and order matching engine incubated by Connamara Systems. Learn more: https://www.connamara.tech/company/

About BEE4:

BEE4 is the first secure, regulated stock market in Brazil listing companies with annual revenues between R$10 million and R$300 million. With the use of proprietary blockchain technology, BEE4 created a system that processes trades in a safe, transparent, and compliant manner. Learn more: https://bee4.com.br/quem-somos/

Contacts
Connamara Technologies
Randy Williams
[email protected]

Bee4
Fernanda Christina Verlangieri Caio
[email protected]

The Cloud Tool Chaos Problem

Prior to the introduction of the Jobs API for the EP3 exchange platform, exchange operators were faced with the challenge of having to navigate multiple cloud vendor tools to keep track of various jobs on the platform. This created a disjointed experience that made it difficult to monitor the status of crucial back-office processes, including regulatory reports and backups.

Without a centralized view of these processes, exchange operators had to spend valuable time switching between various interfaces and tools, making it difficult to quickly troubleshoot issues and gain insights into their system.

Introducing the Jobs API

As part of our commitment to making our EP3 trade matching engine and exchange platform software as user-friendly as possible, we’ve introduced a new API that simplifies and streamlines processes, while providing exchange operators fine-grained visibility into the platform.

With the addition of the Jobs API, exchange operators can now view the status of all jobs on the platform, including regulatory reports, backups, and other timed back-office processes — all within the admin user interface. Whether it’s grabbing logs, troubleshooting the environment, or getting insights into your system — you can do it all without leaving the Admin interface.

Simplifying your Tool Kit

Rather than relying on an entire kit of tools, you can view the status of scheduled tasks in one place. This feature enables users to see if jobs are running or if they failed and run actions on them. For example, you can effortlessly schedule all necessary regulatory reports to automatically run on your schedule.

Another useful feature of the Jobs API is the ability to extract logs. If a software component is not communicating correctly with third parties, you can view the communication and diagnose/resolve problems. Users can also manually run a job for a specific date. For example, if a regulatory report failed to run, you can rerun it and for a specific date.

Seamless Integration, Exceptional Experience

Our leading-edge tools are designed to provide users with unparalleled visibility and control over their exchange platform, eliminating the need for juggling multiple cloud tools. With our state-of-the-art APIs, all the essential tools are consolidated in one convenient location, allowing you to effortlessly monitor the status of various components and take prompt action whenever required.

This approach to exchange platform management offers a streamlined and user-friendly experience, making EP3 the ultimate choice for anyone seeking to optimize their exchange platform management. As we continue to improve and build on the Jobs API’s functionality, you can look forward to more features and capabilities that will further simplify and streamline your work.

Looking to launch a new exchange or upgrade your existing exchange? Contact us to see how you can leverage EP3.

Month: May 2023

BEE4 Selects Connamara Technologies’ EP3 to Connect Emerging Firms with Forward-Thinking Investors