The release of ChatGPT by OpenAI late last year has taken the world by storm. Enterprises around the world have seen the tremendous potential of Large Language Models (LLMs) and Artificial Intelligence (AI), with their transformative forces touching virtually every
“With its cloud-native infrastructure and unique ‘buy and build on top’ transparent source, Beacon allows us to enter new markets, streamline operational workflows, and leverage our proprietary pricing and analytics.” Managing Director, SMBC Capital Markets Very few capital markets organizations have
“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
Beacon Platform delivers benefits to different parts of the companies that deploy it, from development through trading and risk management. Here is our top 10 list of benefits that Beacon brings to the development process. 10) Provides a secure environment
By Lukasz Macura & Steve Rapaport Beacon may be a buy-and-build platform, but we are always looking for ways to make the building part faster and easier for you. We’ve introduced several frameworks and low-code tools, including Glint, Fragments Framework,
By Claus Murmann and Ben Merrett Since releasing CME Group’s DataMine plugin on the Beacon App Store last year, many customers have taken advantage of our integration with dataset from the world’s leading derivatives marketplace. We have recently added three
Working as a quant has enough challenges without having to struggle with fragmented technology stacks, siloed processes, and tedious manual workflows. Time spent navigating these issues is taken directly from the models and analytics that contribute to the firm’s yield
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
In an era of online-everything, you probably think that your data is already dynamic. It certainly has come a long way from printed stock tables—live market data, instant access to customer details and contract terms, vast arrays of economic data
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
