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Beacon Platform Rises to the Top 25 in Chartis RiskTech 100 Ranking

Beacon Platform Rises to the Top 25 in Chartis RiskTech 100 Ranking.

NEW YORK, November 28, 2022 — Beacon Platform, Inc, is pleased to announce that we have continued our rise in the Chartis RiskTech100® rankings, driven by increases in functionality, core technology, and market presence.

Chartis Research, the leading provider of research and analysis on the global market for risk technology, has recently released their 17th annual study of the risk technology marketplace.

“Beacon’s robust platform is already proven in a variety of sectors, including energy trading and insurance,” said Sid Dash, Research Director at Chartis. “Building on this, its continued growth in energy and the buy-side will help to strengthen its market position in the coming years.”

“Our breakthrough into the top 25 in the Chartis RiskTech100 rankings reflects our continued evolution to meet our clients’ needs and exemplifies our strong commitment to them. As clients seek ways to prosper in a highly volatile environment, get to market faster, and utilize proprietary analytics, our flexible platform enables them to quickly evaluate trading and hedging strategies, enter new markets, and capture emerging opportunities sooner,” said James Corrigan, Beacon’s President.

Beacon’s unique combination of infrastructure, applications, and development tools creates a flexible technology edge for financial firms, facilitating extensions and integrations. From developing new products and non-standard contracts, to handling complex derivatives or connecting to in-house systems, Beacon provides the necessary flexibility, security, and scale to enhance competitiveness and increase return on R&D investments.

RiskTech100® is globally acknowledged as the most comprehensive independent study of the world’s major players in risk and compliance technology. Using a robust, repeatable methodology, it ranks the top 100 risk technology providers and identifies the top players in specific risk and compliance categories.

Vendors from all areas of risk technology make detailed submissions to Chartis’ team of industry experts, which analyzes these and other data sources to develop the final rankings. The rankings are published in a report, which also contains an analysis of the risk technology space and a thought-leadership paper that explores new angles and emerging topics.
To continue reading this research, download the vendor analysis [Chartis RiskTech 100 2023]

About Chartis

Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

About Beacon Platform

Beacon Platform ushers in the future of financial markets with secure and scalable quant technology, elastic cloud infrastructure, and front-office applications. Its unique integrated development environment and web application framework make developing fintech applications faster and accessible to clients beyond the largest investment banks. Bringing decades of collective experience developing trading and risk management systems for Bank of America Merrill Lynch, JPMorgan Chase, and Goldman Sachs, Beacon Platform offers its clients the robustness of these powerful tools with an unprecedented new layer of flexibility and security. To learn more about Beacon’s next-generation platform for enterprise-scale analytics, trading, and risk management, visit at www.beacon.io