Beacon Platform, Inc., a leader in quant technology for financial markets, is thrilled to announce its achievement of earning the #1 position for Quant Management Framework in the 2023 Chartis QuantTech50. This recognition highlights Beacon’s dedication to providing powerful and extensible solutions that empower financial firms to optimize their quant strategies and drive business performance.
Continued Growth and Recognition
Beacon continues to demonstrate its position as a market leader, building upon the company’s earlier success in the Chartis RiskTech100 and STORM50 rankings. With consistent advancements in functionality, core technology, and market presence, Beacon’s robust, unified quant development platform has proven its value across multiple sectors, including energy trading and insurance.
“Beacon’s category award for Quant Management Framework in the 2023 QuantTech50 reflects its innovative offering, which enables traders, quants and risk professionals to develop and manage a diverse range of tools and analytics,” said Sid Dash, Chief Researcher at Chartis Research. “The company’s framework emphasizes transparency and open integration, enabling users to work flexibly and efficiently; the offering also allows users to align their analytics with the required computational infrastructure for optimal performance.”
“Beacon is delighted to have been named by Chartis as the 2023 winner of the quant management framework category,” said Kirat Singh, CEO and Co-Founder of Beacon Platform. “Beacon’s open, collaborative platform provides quantitative development teams with all the foundational components they need to build, test, and deploy models and manage risk across asset classes in dynamic market conditions.”
Replacing the STORM50 2021 ranking, QuantTech50 continues to have broad coverage across quantitative technologies in the financial services industry. The QuantTech50 provides a list of the top 50 vendors that have developed, applied and deployed quantitative technologies. It examines quantitative techniques and quantitative model applications, as well as how effectively vendors have leveraged computational technology. Crucially, it includes an assessment of whether computational infrastructures are aligned with the nature of the analytics provided by a particular vendor.
Chartis Research is the leading provider of research and analysis on the global risk technology market. With a comprehensive understanding of risk management, corporate governance, compliance, and technology, Chartis supports enterprises in making informed business decisions. Their expertise and thought leadership provide invaluable insights for organizations seeking to drive business performance through improved risk management practices.
About Beacon Platform
Beacon Platform is a leader in next-generation quant technology for financial markets. Their secure and scalable platform, combined with elastic cloud infrastructure and front-office applications, ushers in the future of financial markets. Beacon’s integrated development environment and web application framework make fintech application development faster and accessible to clients beyond the largest investment banks. With decades of experience in trading and risk management systems, Beacon Platform offers enterprise-scale analytics, trading, and risk management solutions that deliver robustness, flexibility, and security.
To learn more about Beacon Platform and its industry-leading quant solutions, visit www.beacon.io.