Beacon Platform Launches Intex Integration to Boost Innovation in Structured Fixed-Income
New York, NY, October 5, 2020 - Beacon Platform today announced an integration with Intex Solutions, Inc. that enables financial developers to easily tap into Intex’s cashflow models and analytics for a global range of structured fixed-income securities. Tight integration between Intex’s cashflow engine and Beacon’s cloud-native platform creates an efficient toolset designed for programmable innovation with structured products.
“Combining Intex’s industry-standard cashflow engine, deal models, and data with Beacon’s cloud-native suite of enterprise software and integrated financial models gives quantitative professionals the ultimate toolkit for innovating around structured fixed-income products,” said Mark Higgins, Co-Founder and Global Head of Quantitative Analysis at Beacon Platform.
"This integration offers compelling benefits and competitive advantages to mutual clients who can now efficiently implement and leverage Intex's market-leading cashflow models in their front- and back-office systems using Beacon's modern platform," said Jesse Brown, Intex Business Manager.
Intex’s deal model libraries support nearly every public and numerous privately-issued structured security transactions around the world, including Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), Collateralized Loan Obligations (CLO), and Collateralized Debt Obligations (CDO). With over 30 years of experience, Intex provides the most accurate, independent, and complete cashflow model library in the industry, fostering new deal issuance, increasing the liquidity of the secondary marketplace, and improving deal surveillance and transparency.
Beacon Platform makes it easy for enterprise teams to quickly develop, share, and release models leveraging common infrastructure. Since 2014, Beacon’s cloud-native infrastructure and transparent source code have given financial institutions unparalleled power to own and customize the full stack and scale technology to achieve their business goals. Beacon's clients, including global banks, asset managers, insurers, and commodity trading firms, save time and money, improve productivity, and create customized solutions with far less engineering effort and cost of building in-house.
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.
Intex Solutions, Inc. is the world's leading provider of structured fixed-income cashflow models and related analytical software. Intex clients include many hundreds of the world's best known financial institutions including most major investment banks, regional broker dealers, issuers and investment managers. Intex was founded in 1985, and remains an independent, privately-held company with headquarters near Boston, Massachusetts. Intex also supports its many international clients with staff and representatives in London, Shanghai and Tokyo. www.intex.com