Arcadier and Exberry partner to deliver deep-tech trading infrastructure for marketplaces
Exberry provides its robust infrastructure to enhance user capabilities and price discovery for Arcadier’s marketplace builder platform
PRESS RELEASE: London and Tel Aviv, Wednesday 21 July, 2021: Exberry, the marketplace and exchange technology pioneer, has partnered with Arcadier, the world’s fastest-growing marketplace builder company, to provide technology for the next generation of marketplaces.
Many marketplace clients today are looking for a turnkey solution that is quick and easy to deploy, while still having all of the robust features of an established exchange. The growing trend of alternative marketplaces stem from the fact that businesses and consumers today are looking for a more transparent way to make purchases and smarter buying decisions. They want control and choice, to pay a fair price by placing a bid or reserve on a product or service, and to purchase at that set price. At the same time, producers are looking to get fast and accurate data on demand and market prices from the platform.
The Exberry / Arcadier technology partnership will enable Arcadier’s marketplace operators to offer an on-line, innovative trading experience to their sellers and buyers for enhanced price discovery – creating a new, customer-focused, buying experience. Meanwhile, Exberry clients will be able to utilise Arcadier’s marketplace infrastructure and technology to create a fully functioning, customisable marketplace according to their requirements.
Exberry’s cloud native technology is light to deploy and easy to integrate through APIs into the “Marketplace-as-a-Service” concept, allowing Arcadier-powered marketplaces to reap the full benefits of an institutional exchange-grade trading solution.
Dinuke Ranasinghe, CEO & co- Founder of Arcadier commented: “Our partnership with Exberry will benefit all Arcadier marketplace operators, no matter their size or type, from healthcare all the way through to retail. Client centricity is driving the agenda and we are seeing a more active consumer base with specific and unique marketplace requirements. This collaboration has the potential to reshape the world of trading and marketplaces by offering a more accessible and efficient exchange experience, inviting both sellers and buyers to define the terms and set prices.”
He added: “We have been impressed by Exberry’s deep tech capabilities and flexible approach to integration, without compromising the stability of this unique technology.”
Guy Melamed, CEO of Exberry said: “We are very excited to collaborate with a visionary firm like Arcadier, and this is an important and strategic partnership for our business. Our goal is to improve and simplify the way marketplaces are built, operate and develop by customising and adapting to the changing market needs. Enhancing Arcadier’s marketplace capabilities with exchange features such as dynamic pricing and price discovery where buyers and sellers both contribute to finding the market price at that moment in time is exactly what our technology is designed to deliver. We are delighted to be playing our part as Arcadier continues to expand its offering globally, while also deepening Exberry’s offering to our clients by leveraging Arcadier’s technology and providing a truly turnkey exchange marketplace solution.”
Exberry architecture is designed to support fast growing markets using the latest technologies combined with the safety, security and maturity provided by experienced market participants. There are use cases across the entire spectrum of the market, from national stock exchanges through emerging opportunities in eCommerce, from digital securities and tokenized markets to established players modernising their platforms.
Exberry delivers a purpose built exchange infrastructure regardless of the asset class or opportunity. The core technology is deployed to enhance existing exchanges’ limited capabilities or to serve as the base for trading new digital assets.
Our core matching engine has been designed not only to compete with the technology used by the biggest exchanges in the world, but also as light to deploy, integrate and operate and is therefore an excellent fit for start-ups and anything in between.
We help exchange pioneers at all levels and of all sizes launch, pivot, break ground and scale. Unlike any other technology provider, Exberry delivers a blend of exchange and trading technology expertise for secondary market models, combining entrepreneurial pedigree and corporate strength.
Exberry is suited to support every type of marketplace from traditional assets (on exchange traded financial instruments including equity, futures and commodities) to digital assets including tokenized assets, alternative assets, as well as gaming and real estate.
Our technology and software engineering heritage combined with our strategic business counsel means Exberry can quickly scale with business growth, and is easy to integrate into new and existing ecosystems through well documented APIs and easy to access sandboxes.
Exberry is backed by the OM2 Group. OM2 builds fintech companies together with entrepreneurs and partners who they believe will transform how people and enterprises finance, transact & interact.
Arcadier is the world’s fastest-growing online marketplace builder and is the recognized global leader of multi-vendor eCommerce marketplace technology with users from more than 170 countries. Founded in 2013 in Singapore by senior PayPal executives, it has offices in 5 countries including Singapore (HQ), Australia, Philippines and most recently the United States and the United Kingdom. Arcadier enables Large Enterprises, SMBs, Governments and Start-Ups to build their own white-labelled marketplaces efficiently and cost-effectively. Arcadier’s platform supports various eCommerce models including B2B, B2C, P2P, Service & Rental across industry verticals such as retail, consumer goods, commodities, wholesale, manufacturing and services. Recently Arcadier launched its Arcadier Enterprise offering focused on enabling large corporations and multi-brand retailers to create complex marketplace experiences for their businesses.