How they describe themselves: Beacon Inc. is a financial technology company which delivers its flagship service bearing the same name. Beacon is a cloud-based, end-to-end development and production platform. With Beacon’s open architecture, transparent source code, and automated infrastructure, our clients can build in-house functionality on a platform that has been proven at some of the largest financial institutions in the world. We give financial and quantitative developers the tools they need to be as productive as they can be, so that they can focus on the business rather than plumbing and process. And for business users, we deliver fully integrated applications for analytics, pricing, risk management, and much more.
How they describe their product/innovation: Beacon is the first Enterprise Innovation Platform on the market today that has its lineage in proprietary platforms built at some of the largest and most successful financial institutions in the world. Leveraging our experience in building and deploying these platforms, we designed Beacon to provide the right balance of rigorous controls needed in today’s regulatory environment and the flexibility needed to run a dynamic, quantitatively-focused market-making business. Unlike most vendors who offer “black boxes” that cannot be extended on demand, we give clients access to our source code so that they can respond to business needs quickly in a controlled, collaborative, and scalable platform.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev. & Press: Ryo Shimizu, Country Manager – Japan & Head of Beacon Apps and Partners, email@example.com