Updated: Jul 27

As financial services becomes increasingly digital and data-driven, having the right software development lifecycle tools in place is critical to maintaining a consistent development environment. That’s why Point72 Asset Management is working with Beacon Platform, a leading provider of developer platform technology, to help increase developer efficiency and productivity.

 

4 Ways Beacon Increases the ROI on R&D for Asset Managers

Beacon Platform supercharges developer productivity, enabling firms to increase the speed and value of their development teams. Beacon’s premier technologies, tools, and infrastructure boost productivity and results:

  1. Beacon’s integrated elastic cloud-based infrastructure includes a common data store that everyone can use, a full suite of developer tools, and immediate access to the entire, transparent financial codebase.

  2. Beacon’s transparent source code is available to the client’s development team, giving them ownership of the full stack from development through deployment, and enabling the business to quickly scale and change as the markets change.

  3. Different technology groups can easily collaborate and share code, saving developer teams significant amounts of time and allowing them to concentrate on their core activities.

  4. Firms can reduce operational risk using Beacon’s secure and integrated controls, governance, and audit history, providing a more consistent development process and eliminating reliance on fragile spreadsheets.

The result is greater consistency across the business and developers who are more productive. Beacon’s cutting-edge tools give clients a lasting technology platform, enabling them to become change agents and launch their firms into the financial future.

 

About Point72

Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. For more information, visit www.Point72.com/about.

 

About Beacon

Beacon is revolutionizing the financial services industry by empowering quantitative developer teams and business users. Founded by the team of senior technologists who worked with SecDB at Goldman Sachs and created Athena at JP Morgan and Quartz at Bank of America Merrill Lynch, Beacon is the only vendor on the market that gives clients underlying source code, a developer platform, and infrastructure services so that clients can own the full technology stack. Clients benefit from Beacon’s next-generation platform for enterprise-scale analytics, trading, risk management, and more.

https://www.beacon.io/

Asset Management Developer