Bexchange

Creating a secure and transparent auctioning website for top financial institutions.

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The case in a nutshell

We partnered up with the Bexchange to lead a full-service design and development process:

The client

Bexchange is a pioneering insolvency auctioning website, revolutionizing the financial landscape for Europe's leading national banks. Located at the epicenter of innovation, Bexchange is changing the way financial institutions manage insolvency proceedings.

The challenge

Insolvency auctioning requires a high level of transparency and security. The transactions have to handle a variety of different confidential data that needs to be encrypted and safely stored. Our client was aware of a gap in the market and saw an opportunity to produce Europe’s most secure and transparent auction platform for the liquidation and recovery of businesses and assets.   To do this they needed to create an online platform that makes insolvency auctioning easy while ensuring the highest levels of data security. 

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Custom-made features

The team at Miyagami developed a number of custom-made features to ensure the platform was scalable as well as secure.

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Secure & Scalable

Instead of relying on third-party services and increasing the running costs for our client, we developed each functionality from the ground up.

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Robust web platform

Based on a thorough technical analysis, we created a robust web platform that was able to handle a significant number of concurrent users and transactions.

Extensive user research and prototyping

Through extensive user research and prototyping, we ensured that both the usability and transparency of the platform were in check. Based on a thorough technical analysis, we created a robust web platform that was able to handle a significant number of concurrent users and transactions. By managing the overhead and data structure, we could deliver a secure, high-performing platform that meets the needs of the user.

State-of-the-art encryption security and scalability

Instead of relying on third-party services and increasing the running costs for our client, we developed each functionality from the ground up. A good example of this is opting to create a custom digital signing feature, instead of acquiring an expensive pre-made one. The result: we saved our client money and kept the platform scalable and secure.

Enabling Bexchange to take control over their own platform

To ensure the handover of the platform was successful we provided our client with a custom CMS enabling them to edit and manage transactions, users, and other information in the platform. Through our full-service process, we also ensured the client kept ownership throughout the project journey while requiring as little time as possible from their busy agenda.

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