“Data without analytics is noise, and analytics without data is useless.” Adam Lichtenstein, Managing Director, Technology and Innovations, Blackstone Beacon is an exceptional quantitative developer platform, but needs data to make it useful and effective. So we’ve built a variety
If your company uses spreadsheets for financial planning, analytics, and reporting, how are you managing the risk of errors with a technology that’s nearly 40 years old? There were many major events in 1985: Live Aid concert in London, Mikhail
Learn how Blackstone, the world’s largest alternative asset manager, is leveraging Beacon and Snowflake to enhance its data and analytics capabilities. “With Beacon’s flexible and extensible data model, we are able to answer a greater number of increasingly sophisticated questions and
Increased volatility, the growth of new asset classes, increased exposure to illiquid assets, and stricter and broader financial regulations are pushing investment firms to seek better and more efficient ways to meet today’s risk dynamics. Managing risk parameters, preparing “what-if”
Portfolio managers need to continuously assess the risks of their positions and proposed trades, whether for regulatory reasons or internal risk and operating constraints. This becomes challenging when using siloed trading and risk management systems that provide delayed snapshots of
As the markets face an ongoing pandemic, an energy crisis, and volatility, there’s also a looming recession.The traditional Greek-based risk metrics are one way to measure today’s risks but there’s more traders can do to prepare for volatility. Beacon Co-Founder
This white paper examines the shared responsibility model for securing cloud infrastructure and operations and the separation of duties for cloud providers, customers, and Beacon Platform. Another paper describes Beacon’s software development lifecycle (SDLC) processes and the DevSecOps methodologies on
Spreadsheets are so easy and useful that they often become part of production processes for many financial services companies. But what can you do when these tools take too long to process, become fragile and unwieldy, or need to be
Few things in life are perfect. Data, like life, often needs to be revised, corrected, or updated as new information is received, or as new modeling perspectives evolve. Being able to change items in a database is great, but what
With volatility of natural gas at record highs and price increases of more than 500% in some markets, managing hedges becomes increasingly important. Multiple factors, from weather and supply issues to global conflicts can trigger sudden and significant market movements.
