Ecquaria TradeBeans™ is a Java and XML-based Internet application that accelerates the development and deployment of business-to-business eMarketplaces.

It allows you, as the Market Maker, to aggregate suppliers and buyers to facilitate realtime trading, request for quotations/proposals and classified offerings. Ecquaria AuctionBeans™, another application from the Ecquaria Product Suite can be integrated to Ecquaria TradeBeans™, to facilitate various models of auctioning.

Ecquaria TradeBeans™ integrates the traditional trading processes of buying, selling and price negotiation into one complete online community to increase business opportunities for sellers, generate more revenue and save costs. As a completely component-based solution, Ecquaria TradeBeans™ allows companies and application solution providers (ASP) to quickly customize and set up successful customer-centric marketplaces for online trading.

There are various business models that Ecquaria TradeBeans™ can support. For example, large distributors selling various brands can become an aggregator of sellers and buyers - allowing them to move up the value chain. Ecquaria TradeBeans™ also allows key players in a same industry to come together to form a hub to aggregate their suppliers - allowing suppliers to sell to them through an online trading hub, saving costs through aggregated bulk purchase. Vertical or Horizontal Application Service Providers can use Ecquaria TradeBeans™ to set up their eMarketplaces or value add to their existing services.