Connamara Technologies

Enhancing Your Exchange Experience: The Value of Professional and Support Services

Posted on by Connamara Technologies

Having access to robust professional and support services can make all the difference in the success of your matching engine and exchange platform. That’s why it’s important to choose a technology provider with robust professional and support offerings to help ensure your success at every stage on your path to the first trade. At Connamara, we offer a suite of services designed to elevate your exchange operations and provide unwavering support.

Professional Services: Extending Possibilities

For many exchanges and trade matching engines, the need to extend your platform for specific enhancements is inevitable — especially as the industry continues to evolve. It’s crucial to choose a technology provider who ensures you can bring on more participants and differentiate your exchange from the competition as you continue to grow.

One of the key aspects of our support offerings for EP3TM are our professional services. The integrations made by the team are tailor-made to extend your exchange platform’s capabilities and connect your exchange ecosystem. While some exchanges might leave these tasks to their clients, our team steps in to ensure that you can focus on your core business while we take care of the technical intricacies. This means that your exchange can be customized and optimized to meet your exact requirements, giving you a competitive edge, without the costs of building internally or conducting another lengthy vendor search.

Support Services: Your Lifeline

Unlike some competitors who merely offer ‘out-of-the-box’ solutions or generic consulting, Connamara provides dedicated engineering support with tailored Service Level Agreements (SLAs). 

Imagine having a team of experts by your side who not only understand the intricacies of the exchange technology but also have decades of experience in the field. That’s what Connamara’s support services offer — a lifeline to ensure your exchange and trade matching engine operates smoothly.

Here’s a breakdown of what you can expect from our support services:

  • Training and Documentation: We pair each of our customers with a dedicated technical account manager to  provide the training and documentation you need to operate and monitor your exchange effectively.
  • Ongoing Product Releases: We are continuously enhancing EP3 and its APIs, making them more performant and reliable. This means you’ll always have access to the latest tools and features to stay ahead in the market.
  • Tailored to Your Needs: Not all exchanges are the same. We consider variables like asset class, geography, deployment configuration, trading schedules and your technical staffing levels to customize our support to your unique requirements.

What Sets Connamara Apart

Our holistic approach to support and professional services is unmatched. While many competitors offer either off-the-shelf solutions or entirely bespoke consulting, we aim to strike the perfect balance. Our support team comprises the very people who built the system, giving you access to unparalleled expertise.

Here are a few scenarios where our expertise can make all the difference:

  • Performance Optimization: Connamara helps improve the performance of a customer’s exchange, ensuring a smoother trading experience for all users.
  • Integration Success: Our team facilitates integrations with multiple Independent Software Vendors (ISVs), expanding your exchange’s reach and accessibility.
  • Strong Partnerships: Connamara has built strong relationships with trading and clearing partners, accelerating critical conversations and collaborations.

Furthermore, we don’t outsource our support services. When you reach out for help, you’re speaking directly to the individuals who have been working with this technology since the start. This direct connection ensures that your questions are answered by experts who intimately understand the intricacies of your exchange.

Support When You Need It Most

The markets never sleep, and neither does our support. We are accessible 24/7/365, even during non-standard business hours. To ensure critical issues are addressed promptly, we have an escalation policy and controls in place, including the use of triaging tools that ensure we are always accessible. 

Connamara’s professional and support services aim to offer more than just technical assistance — we are your trusted partners in navigating the complex world of exchange operations. Contact us today to learn more about how we can help you get to the first trade faster.

Connamara Technologies Achieves SOC 2 Type II Certification

Posted on by Connamara Technologies

Connamara Technologies is pleased to announce that it has successfully completed the Service Organization Controls (SOC) 2 Type II certification created by the American Institute of Certified Public Accountants (AICPA). This certification demonstrates the company’s commitment to the highest standards of client confidentiality and information security with all of its policies, practices, and systems subjected to review. In collaboration with Vanta for continuous monitoring and Johanson Group for formal certification, Connamara demonstrated its scrupulous adherence to the highest standards for data security.

Achieving SOC 2 Type II certification marks a significant organizational milestone in the evolution of Connamara Technologies. SOC 2 is a cybersecurity compliance framework and a widely recognized and respected compliance standard for companies entrusted with sensitive data. Connamara Technologies’ successful certification provides enterprise customers and partners with enhanced confidence.  

“Many of our EP3 customers operate exchanges that are government regulated. Although Connamara Technologies is not a regulated entity, we wanted  to demonstrate  the same level of security controls, policies, and procedures that our customers must meet. The SOC 2 Type II certification allows us to show, on a yearly basis, that we do indeed meet the required levels of client confidentiality and information security,” remarked James Downs, Co-Founder and CEO of Connamara Technologies, upon certification. “We are committed to continually updating and enhancing our practices to keep this longstanding commitment to our customers.” 

The full SOC-2 Type II certification report is available upon request. Please reach out to a Connamara Technologies team member with any questions.

About SOC 2

SOC 2 is a component of the American Institute of CPAs‘ (AICPA) Service Organization Control reporting platform. SOC 2 reports assess and attest to an organization’s controls per AICPA’s 5 Trust Service Criteria: security, availability, processing integrity, confidentiality, and privacy. SOC 2 includes a technical audit and confirmation that comprehensive information security policies and procedures are documented and followed.

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/

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Connamara Technologies

Build or Buy? Making the Right Choice for Your Exchange Infrastructure Technology 

Posted on by Connamara Technologies

When it comes to launching an exchange or upgrading your technology as an existing exchange, exchange, many companies find themselves at a crossroads: should they invest time, resources, and expertise into building their exchange infrastructure from scratch, or should they take advantage of a ready-made solution? Let’s look at some of the factors worth considering when making the decision about the future of your exchange.

Building an Exchange from Scratch

Building an exchange from scratch can be an enticing prospect for companies that want complete ownership and control over their technology. In fact, some start-up exchanges believe that owning their infrastructure can enhance their ability to attract investors and differentiate themselves in the market. While building from scratch gives companies the freedom to customize every aspect of their exchange to align with their specific vision and business goals, they can often overlook the substantial time, expertise, and resources this approach requires.

Complex Challenges, Costly Solutions

Developing a robust and secure exchange infrastructure involves complex technical challenges, requiring expertise in areas such as architecture design, software development, and cybersecurity. Additionally, building means starting from ground zero, resulting in a lengthy development timeline. This can significantly delay your entry into the market, giving competitors using ready-made solutions a head start. 

Furthermore, we’ve found that companies tend to underestimate the ongoing maintenance and support required to keep the exchange operational and up to industry standards. The responsibility of keeping up with evolving regulatory requirements and addressing potential vulnerabilities lies solely on your shoulders, which can strain internal resources and divert attention from other critical aspects of the business, such as monetezation and customer acquisition.

Advantages of Using an Exchange Product like EP3™

When it comes to cost, time, and resource requirements, opting for an established exchange product offers significant advantages. A matching engine software product like EP3 allows you to bypass what can be a years-long development process and significantly accelerate your time-to-market and revenue realization.

Ready-made exchange products also minimize the need to hire a team of specialized business experts and engineering professionals. With a product like EP3, companies can tap into a wealth of existing knowledge and experience, freeing up resources to focus on their unique differentiators. More importantly, these products offer proven integrations with upstream and downstream service providers to simplify the complex web of interactions within the exchange ecosystem, ensuring smooth operations and reducing integration challenges.

Benefits of Modular Licensing 

While some companies may be tempted to build their exchange infrastructure to retain ownership of technology, exchange products can offer a compelling alternative. When looking for an exchange product, you can find one that ensures a fair balance between technology ownership and the support of a trusted vendor.

EP3 ensures a flexible and fair license agreement, that allows customers to pay only for what they need and add additional components as they grow. Connamara’s Discovery process provides detailed pricing and guidance that matches the exchanges tailored needs. This modular licensing structure means you only pay for the specific functionality and integrations your exchange requires, resulting in a more efficient and cost-effective path to market.

Focus on Features and Flexibility

A common concern associated with buying an exchange product is that the technology will not offer flexibility to customize your exchange when needed. When comparing exchange products, look for vendor partners that prioritize customer requests on their product roadmap and ensure that those enhancements align with your exchange business plan. Exchange products should offer APIs that empower exchanges to customize their offering and remain nimble in evolving market conditions. While Connamara provides in depth documentation that allows its customers to integrate, its Professional Services team can assist with development and integration as needed. 

The Choice Is Yours

Ultimately, the choice between building and buying depends on a number of factors, including business requirements, available resources, time constraints, and the trade-off between control and convenience. But if you’re looking to save time, money, and resources, with a market-proven product that provides you with flexibility, customization, and ongoing support while you focus on differentiators that bring liquidity to your market, an exchange product like EP3 can deliver.

Let’s Get Started

Whether you already have an order matching engine and need help optimizing your product, or you’re just getting started and need help figuring out your next steps, we’re here for you. Our Discovery process dives deep into your needs and provides you with a detailed roadmap for getting to the first trade for a fraction of the cost of a license.

Navigating the Exchange Platform Implementation Journey 

Posted on by Connamara Technologies

When establishing your exchange, the path from conception to production can be complex and challenging. Let’s explore the intricacies of an implementation process for an exchange platform, shedding light on the key stages and considerations for your journey to the first trade. 

Coordinating the Complex Ecosystem

The implementation process for an exchange is like orchestrating a symphony, where various players within a complex ecosystem must harmonize their efforts. Your exchange platform and matching engine software provider should understand the challenges of coordinating third-party agreements, technical ownership of exchange operations (including business continuity and disaster recovery procedures), and vendor selection. 

The Value of an Implementation Roadmap

An implementation roadmap, based on a comprehensive Discovery engagement, helps identify functional gaps and set up environments for testing early. At Connamara, our experience has shown us that this foundational approach sets the stage for successful implementation and beyond. That’s why our process emphasizes coordinating with you and multiple Independent Software Vendors (ISVs) — unique to your market and regulations — to form a roadmap that integrates your exchange ecosystem with EP3 to create an easy-to-use platform for the production launch.

Key Milestones on Your Journey

The implementation journey is marked by several key milestones that pave the way for a successful exchange launch. While the order of the steps can vary, your exchange provider should be well-versed in each of the following:

  • Vendor Selection: Establishing business relationships and streamlining onboarding.
  • Deployment: Swiftly launching the exchange platform to allow time for training and testing.
  • Training: Equipping the exchange operations team with the necessary skills and knowledge.
  • Integration: Connectivity with APIs and Independent Software Vendors (ISVs).
  • Custom Functionality: Adding bespoke features to meet unique requirements.
  • Testing: Iteratively evaluating and refining the environment.
  • Disaster Recovery: Preparing for unforeseen challenges and ensuring continuity.
  • Functional Acceptance: Confirming the environment’s readiness for production.
  • Demonstrations: Showcasing the exchange to regulators, investors, and market participants.

Common Challenges on the Implementation Path

During the exchange implementation process, you can encounter a range of challenges, from coordinating third-party agreements to meet go-to-market deadlines, ensuring all market functions and controls are in place and have been tested and demonstrated, and determining technical ownership of the exchange operation — from business continuity to disaster recovery procedures. This is why it’s crucial to have a team of seasoned experts on your side. 

At Connamara, our implementation process takes all potential challenges into consideration, working to eliminate issues before they arise. Backed by a team of engineers who have successfully navigated this path many times, our process allows you to focus on things like differentiating your exchange, adding value, attracting liquidity, and driving business growth.

A Tailored Approach

One size does not fit all in the world of exchange implementation. That’s why finding a trade matching engine provider that tailors its services to meet your unique needs and requirements is important. While some providers may have a fixed timeline and a “take it or leave it” attitude, at Connamara, we focus on customizing implementations and don’t consider the process complete until everything works seamlessly.

“The exchange implementation process involves many moving parts, which brings risk to an exchange’s production operation. At Connamara, our discovery process provides the needed confidence for a smooth and successful implementation phase. Our implementation process leverages confidence from discovery to work with our customers each step of the way toward their first trade,” said Matt Lane, Connamara’s Director of Professional Services.

Ongoing Support

Post-implementation support is crucial to your success. This is one of the big reasons an off-the-shelf option can fall short. You want your provider to include tailored support solutions, including around-the-clock engineering support when needed. You should have a direct line for assistance with engineers who actively work on the system, ensuring that critical infrastructure is maintained and operational.

Market Expertise Meets Engineering Excellence

The exchange implementation process involves many moving parts which bring risk to the exchange’s production operation. At Connamara Technologies, we have fine-tuned the approach to exchange implementation with EP3TM, offering a blend of market expertise and engineering prowess. We specialize in performance and optimization, software integrations, and connectivity so you can focus on what you do best — building better markets.

Contact us today to learn more about EP3, our implementation process, and how we can help you get to the first trade faster.

Driving Sustainable Solutions: Connamara Tech Joins Environmental Markets Association

Posted on by Connamara Technologies

We are excited to announce that Connamara Technology has joined the Environmental Markets Association (EMA). This membership highlights our dedication to creating innovative exchange platforms for environmental markets. 

As an EMA member, we’ll have the opportunity to engage with industry leaders in the evolving landscape of environmental markets such as carbon offsets, alternative energy trading, and other asset classes still yet to be created. This will help Connamara develop tailored solutions that effectively address the unique challenges faced by this industry.

About the Environmental Markets Association (EMA)

EMA functions as a dynamic hub for collaborative efforts, uniting diverse perspectives with a shared objective: the effective implementation of market-driven solutions to benefit our environment. 

With members that include environmental asset brokers, exchanges, large utilities, law firms, project developers, consultants, academics, NGOs and government agencies, EMA acts as a focal point for sharing expertise, facilitating knowledge transfer, and advocating for industry-wide progress.

Notably, EMA assumes the role of vigilant oversight, closely monitoring legislative and regulatory developments that impact these markets, thereby ensuring their adherence to high standards of environmental responsibility.

Transforming Insights into Innovation

With our proven track record of delivering EP3, an exchange matching engine and platform, for a variety of markets worldwide, the alignment with the EMA furthers our mission to open new cutting-edge markets and improve infrastructure for existing markets to evolve with the industry. 

At Connamara, our expertise lies in crafting scalable, dependable, and adaptable exchange platforms that empower marketplaces to operate their market with confidence and ease. With our EMA membership, we strengthen our ability to engage directly with market participants so that EP3 has up-to-date functionality, providing comprehensive solutions that align with the highest standards of market integrity within environmental markets.

“Connamara has always been a leader in developing new markets so it was an obvious decision for us to join the Environmental Markets Association given our prior experience with environmental market technology and evolution going on in the industry,” Connamara’s Head of Growth Dan Davis said.

Delivering an Environmental Market Advantage

By choosing Connamara Technologies as your exchange matching software provider, you get an ecosystem of expertise, collaboration, and thought leadership designed to foster your growth and success in environmental markets.

Learn more about EP3, our exchange platform technology and stay tuned as we harness the power of the EMA community to deliver solutions that foster your growth and set you up for success. 

Why an ‘Off the Shelf’ Exchange Solution Isn’t Enough

Posted on by Connamara Technologies

If ease of implementation and speed to market are priorities for your new exchange, an ‘off-the-shelf’ matching engine software solution can sound appealing. But it’s important to remember that not all ‘white label’ solutions are created equal as the definition is broad. While many solutions out there promise ease on the path to your first trade (in some cases just minutes!), the reality is far more complex.

Here’s what you need to know when choosing the right solution for your needs.

Customizing for Your Constituents

It’s crucial to choose a matching exchange software solution that provides your desired level of customization and flexibility. Some products may offer operators limited customization options, restricting branding and the ability to differentiate, while other products afford operators more discretion, but comes with fewer tools that have been proven in market. Whether it’s implementing specialized trading features, integrating unique components, or accommodating specific user preferences, the product you choose should match the level of customization your target audience, regulators, and growth targets require.

Build for the Buyer

Building a successful exchange is a multifaceted job that requires ongoing support and expert guidance, yet is meaningless unless the exchange is able to attract and retain liquidity of buyers and sellers on the exchange. While white label solutions provide a basic foundation, some may lack the professional services and support necessary to address complex technical issues and provide continuous improvements that will encourage a thriving marketplace. Without access to a team of engineers, developers, and support, exchange operators may find themselves unable to handle critical situations, security vulnerabilities, and tailor their market for sustained success.

Be Regulatory Ready

Depending on the industry, regulators may require controls, rules, or infrastructure provisions outside of the scope of technology that brands itself as being self-serve or SaaS (Software as a Service). EP3 customers like Tera Exchange require connections to unique vendors for their SEF approval, while other exchanges may have unique on-prem requirements. The decision to use SaaS or non-SaaS for all or parts of your exchange ecosystem depends on factors such as data security, regulatory requirements, and control over the exchange infrastructure. Exclusive access to your environment, hiring the right team, and utilizing the right tools to understand the health of the exchange are all incredibly important aspects of maintaining a fair, orderly, and compliant market. Components in EP3, like market surveillance, empower operators through features that allow for thorough monitoring and alerting.

Future-proof in the Present

The journey of an exchange doesn’t end with its launch; it’s just the beginning. As the market evolves and customer demands change, the exchange must adapt and scale accordingly. ‘Off-the-shelf’ solutions typically lack the flexibility to accommodate future needs and growth opportunities by not providing support, or professional services and there are often limitations in the product like the inability to add new asset classes, order types, or implement controls for impending regulation. Using a product that offers a layer of human support as Connamara Technology does can remedy many of these issues common with highly productized exchange solutions.

EP3 continues to grow and scale, implementing feedback from customers and extending its functionality and ease of use. A great example is our Jobs API, designed to eliminate a common headache for exchange operators and streamline the EP3 user experience.

Not Sure Where to Start? We Can Help.

By leveraging a platform like EP3, you get the best of both worlds — the proven functionality of an existing platform, with the customization, team, and resources you need to accelerate your time to market so you can focus on delivering an exceptional trading experience for your users.

Learn more about our discovery process and how we can help you get to the first trade faster.

3 Best Practices for Accelerating the Launch of Your Exchange 

Posted on by Connamara Technologies

Building an exchange order matching engine is a complex, time-consuming endeavor that can sometimes take years to complete. However, with the right strategies and tools in place, it is possible to significantly streamline the process and bring your exchange to life in a fraction of that time.

The following are practical strategies, tools, and best practices that can help expedite your time to market.

1. Assemble the Right Team 

Start by hiring the right team. To minimize time and resources required for your exchange development, you’ll want to prioritize hiring experienced analysts, operators, domain experts, and engineers who possess in-depth knowledge of the exchange industry. Their expertise will contribute significantly to streamlining the process and avoiding unnecessary setbacks. 

​​When hiring, consider the importance of daily monitoring and continuous improvement. Look for candidates who have a proven track record of effectively monitoring exchange operations, identifying bottlenecks, and implementing timely solutions. Some of the specific roles you’ll want to consider hiring for include an infrastructure lead, regulatory expert, customer support specialist, investor relations specialist, and a security expert.

Another critical factor in hiring is finding individuals who have a strong overlap of technology and financial experience. Look for professionals who understand both the technological aspects of building an exchange and the intricacies of the financial industry. This hybrid expertise allows for a deeper understanding of the specific requirements and challenges faced by exchanges, ensuring a more seamless integration of technology and financial functionalities.

Leveraging order matching engines like EP3TM can jump-start the effort by providing the essential tools to empower the people that are operating the exchange on a day-to-day basis. Tested and proven tools like EP3’s Admin UI, Jobs API, and Market Surveillance API give exchanges functionality to better operate, monitor, and scale their market. 

2. Understand Regulatory Requirements and Prioritize Security

Fully understanding the regulatory environment and its impact on your technology is vital. While online research will be helpful, ensure compliance from the outset to avoid delays and potential legal issues by working with a lawyer. Working closely with legal experts who specialize in the exchange industry can educate you on the process and ensure you meet all the necessary requirements and save you from potential pitfalls. You may consider bringing this in-house as you scale your exchange and depending on the regulatory requirements, but it’s likely you will always want a second opinion.

Compliance and security are paramount when building an exchange. You’ll want to ensure you’re Implementing robust security measures from the beginning to safeguard user data, funds, and transactions. The EP3 platform can be configured via the Market Surveillance API for a variety of alerts and reporting that allows for streamlined compliance and curated monitoring of your exchange 

3. Define Your Liquidity Strategy

Thoroughly research and understand where your exchange’s liquidity will come from. Identify the natural buyers and sellers in your target market, as this knowledge will enable you to design and implement effective strategies to attract them to a new way of doing business.

Avoid disintermediating parties that play a crucial role in driving liquidity to your exchange. Disrupting existing market dynamics without a clear alternative can impede the development and growth of your exchange. Exchanges often find success by augmenting markets to incentivize the sources of natural liquidity to change their trading behaviors. With clear incentives and guidance, exchanges are more likely to draw liquidity to their platform. By having this defined, the business will be able to tell a succinct story to its participants, partners, and investors — all key components of monetizing an exchange. 

Leveraging an order matching system like EP3 can jump-start your effort from the beginning by providing you with the essential tools and expertise you need to get to the first trade in record time. We’ll help streamline the technology and exchange building process so you can focus on differentiating your exchange, adding value, attracting liquidity, and driving business growth.

Many exchange entrepreneurs may have a brilliant idea but lack the necessary understanding of technology, security, and reliability required to operate an exchange. This knowledge gap can significantly slow down the process of getting to your first trade. That’s where we can help. 

Not sure where to start? Take advantage of our comprehensive discovery process.

Connamara Tech Joins the Association of Futures Markets, Expanding Industry Influence

Posted on by Connamara Technologies

We are thrilled to announce that Connamara Technology has recently become a member of the Association of Futures Markets (AFM). This strategic move marks an important milestone for Connamara, reaffirming our commitment to excellence in capital market trading technology solutions and matching engine technology. It also serves as a testament to our expertise and deep understanding of the evolving needs of the futures markets.

By aligning with the AFM, we will have the opportunity to further gain invaluable insights into the evolving needs of the futures markets, facilitating the development of tailored solutions that address the industry’s most pressing challenges. 

About the Association of Futures Markets (AFM)

The AFM is a not-for-profit global organization dedicated to fostering collaboration, promoting best practices, and advancing the development of futures markets. Comprising leading exchanges, clearinghouses, technology providers, and market participants, the AFM acts as a hub for thought leadership, knowledge sharing, and industry advocacy. Through regular conferences, working groups, and research initiatives, the AFM plays a pivotal role in shaping the future of the derivatives industry.

Harnessing Collective Intelligence to Drive Innovation

Given our strong track record in delivering cutting-edge technology solutions for global capital markets, our membership in the AFM is a natural fit. At Connamara, we specialize in developing scalable, reliable, and customizable exchange platforms and order matching engines that empower you to seize opportunities while managing risks. With our AFM membership, we further bolster our ability to provide comprehensive solutions that align with the highest standards of market integrity and compliance.

Additionally, our membership in the AFM allows us to collaborate with other like-minded organizations and contribute to the collective efforts of advancing the futures markets ecosystem. This will further enable us to leverage industry best practices and regulatory expertise, ensuring that our offerings always align with the highest standards of market integrity and compliance.

Pioneering Solutions for Your Market Advantage

In this era of rapid technological advancements, our partnership with AFM demonstrates our commitment to pushing the boundaries of innovation. By choosing Connamara and EP3TM as your matching exchange software provider, you gain access to an ecosystem of expertise, collaboration, and thought leadership, fostering your growth and success in the ever-evolving futures markets landscape.

Stay tuned as we continue to leverage this influential alliance to deliver groundbreaking solutions that empower you to achieve your goals.

Learn more about our trade matching engine technology.

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

Posted on by Connamara Technologies

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]

EP3’s Jobs API: A Game-Changer for Exchange Platform Software Operators

Posted on by Connamara Technologies

When it comes to choosing the right exchange platform software, it’s important to find a robust trade matching engine with an experience that’s both easy to use and easy to navigate. At Connamara, we understand the needs of exchange operators, which is why we developed the Jobs API to make your life easier.

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.