Learn how a leading energy trading company is leveraging Beacon to increase their market penetration and expand their service coverage for a diverse and growing portfolio of customers.
“Building on top of Beacon gives us a real edge in speed, accuracy of pricing, and customer service.”
Director of Quantitative Analytics
This North American energy trading team wanted to offer innovative risk solutions for renewable energy assets, without high startup costs and development effort. Building on top of Beacon’s financial engineering foundations accelerated their time to market and is helping them evaluate and hedge more complex risks. Beacon’s dynamic pricing engine was an important feature, along with the transparent code license and overall customizability.
As energy market risks fluctuate and become increasingly complex, the team can readily revise and evolve asset definitions and deploy new models and analytics. Beacon’s cloud compute pools and workflow automation give them a real-time view of markets and positions.