The Product

The Complete Secondary Market Stack

Six infrastructure components. One integration. Your platform gains a fully functional secondary market — without building any of it yourself.

The Stack

Six Components, One Integration

Matching Engine

Real-time bid/ask matching

Configurable order book with real-time bid/ask matching across your user base. Supports market orders, limit orders, and custom price discovery rules. Depth data available via API.

  • Real-time matching across all listed positions
  • Configurable price discovery rules
  • Order book depth via API
  • Partial fill support

Settlement Engine

T+2 automated settlement

Automated fund movement and position transfer. T+2 settlement with full audit trail, reconciliation reports, and failed-settlement handling. Integrates with your existing payment rails.

  • T+2 settlement by default
  • Full audit trail and reconciliation
  • Failed-settlement retry logic
  • Integrates with existing payment rails

Ownership Transfer

Legally compliant transfer

Digital documentation and registration of loan position transfers. All rights and obligations of the original agreement transfer to the buyer. Auditable, compliant, and permanent.

  • Digital transfer documentation
  • Full rights and obligations transfer
  • Registered and auditable record
  • Supports partial position transfers

Compliance Layer

CMA and SAMA aligned

KYC/AML checks on all secondary market participants. Transaction monitoring against CMA and SAMA requirements. Automated regulatory reporting and audit trail generation.

  • KYC/AML on all participants
  • CMA and SAMA transaction monitoring
  • Automated regulatory reporting
  • Shariah-compliant transaction structures

Admin Dashboard

Full operational visibility

A dedicated dashboard for your operations team. Monitor all secondary market activity on your platform, manage listings, track settlements, configure matching rules, and access compliance reports.

  • Real-time activity monitoring
  • Listing and settlement management
  • Compliance report generation
  • Configurable matching rules

REST API + SDK

Developer-first integration

Clean, well-documented REST APIs with SDKs for Node.js and Python. Webhooks for real-time event integration. Sandbox environment for testing. Dedicated integration support.

  • REST API with OpenAPI spec
  • Node.js and Python SDKs
  • Webhooks for all events
  • Sandbox environment included

Ready to Integrate?

Request API access and we'll get your integration started.