Introducing the EP3® Back Office API
Today, Connamara Technologies announces the release of the new Back Office API for EP3.
Exchanges that receive or distribute funds need a means to access the records of that activity for downstream workflows for reporting, account reconciliation, or audits.
These downstream workflows can be implemented using third-party applications or applications built by the exchange operator’s in-house team.
Because EP3 offers the Back Office API, exchange operators can integrate with third-party accounting systems and create applications and workflows bespoke to fit the specific needs of the back office and accounting teams of the exchange.
The EP3 Back Office API allows exchange operators to:
- Get all deposits for an account over a date time range
- Get all withdrawals for an account over a date-time range
- Integrate with third-party accounting systems to create journal entries for account deposits and withdrawals
- Create reports to show:
- The amount in trading commissions a participant firm earned over a period of time.
- The amount in trading commissions an exchange clearing member firm earned over a period of time.
- The amount of exchange fees an exchange earned over a period of time.
- The amount of clearing fees an EP3 clearing house earned over a period of time.
At Connamara Technologies, we continually strive to improve how our customers interact with the EP3 platform. A key pattern we put in place when we first designed EP3 was to allow our customers to interact with the functionality and data within EP3 via a set of well-defined and easy-to-use APIs.