Exberry, a technology pioneer, announced on Wednesday its newly formed partnership with Arcadier, an online marketplace builder company, to provide technology for the marketplaces.
The press release shared with Finance Magnates detailed that the partnership between the two companies will enable Arcadier’s marketplace operators to offer ‘an online, innovative trading experience to their sellers and buyers'.
Additionally, Exberry clients will benefit from Arcadier’s marketplace infrastructure and technology to create a fully functioning, customizable marketplace.
“We are very excited to collaborate with a visionary firm like Arcadier, and this is an important and strategic partnership for our business,” Exberry CEO, Guy Melamed, said in a statement.
“Our goal is to improve and simplify the way marketplaces are built, operate and develop by customizing 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.”
Melamed took over the apex role in May as the company accelerated its global expansion plans.
Demand for Technology Infrastructure Is Growing
Exberry offers Cloud -native technology, which is light to deploy and easy to integrate through APIs. In June 2020, Exberry announced the launch of a multi-asset exchange infrastructure. It is providing a ‘Marketplace-as-a-Service’ concept that will allow Arcadier marketplace clients with an institutional exchange-grade trading solution.
“Our partnership with Exberry will benefit all Arcadier marketplace operators, no matter their size or type, from healthcare all the way through to retail,” said Dinuke Ranasinghe, Co-Founder and CEO of Arcadier.
“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.”
