A large, multinational investment bank has chosen Beacon Platform to accelerate the development of its technology capabilities and extend its position as a leader in financial innovation. The bank’s global banking division will use Beacon’s secure and scalable development platform as they research, develop, and deploy new applications and analytics.

Beacon Platform provides clients with a range of capabilities that will increase the speed and agility of their quant and development operations while protecting the stability of their production environment. From the initial research stages, quantitative analysts and data scientists will be able to work more closely with the sales desk and commercial traders to better identify, evaluate, and refine new tools and applications. Beacon’s collaborative development environment and transparent source code promote greater sharing, reuse, and consistency across business lines, improving market representations and asset pricing.

Beacon’s extensive library of financial objects provides data scientists and quantitative analysts with quality research tools that significantly boost productivity by reducing the need to reinvent standard functions and models. At the same time, the full code visibility, version controls, and automated testing of Beacon Platform ensure the robustness and stability of production systems.

“We are delighted to be chosen to help power the bank’s business. The speed and agility of our integrated cloud, data, analytics, and application stack enables clients to research and develop innovative analytics and applications while opportunities are still active, to the benefit of their business and customers,” said Kirat Singh, CEO, Beacon Platform.

About Beacon

Beacon Platform moves financial markets into the future with secure and scalable quant technology, elastic cloud infrastructure, and front-office applications. The integrated development environment and web application framework make developing applications faster and easier. Born from decades of collective experience developing trading and risk management systems for Bank of America Merrill Lynch, JPMorgan Chase, and Goldman Sachs, Beacon Platform gives you the robustness and flexibility of these powerful tools. See how you can increase the return on research and development investments from Beacon’s next-generation platform for enterprise-scale analytics, trading, risk management, and more at www.beacon.io.