Tokyo FinTech Meetup #1 - Beacon, FinTech Startup of the Year

Beacon received the Risk Awards 2017 Fintech Startup of the Year, so we are very fortunate to welcome Kirat Singh, one of the co-founders of Beacon, and Ryo Shimizu, Japan Country Manager, to our inaugural meetup.

Agenda

6:30pm Registration & Welcome

6:45pm Beacon Presentation & Demonstration

7:30pm Fireside Chat, Q&A

8:00pm Closing

Language for this first meetup will be ENGLISH.

Background

"First came SecDB at Goldman Sachs, then Athena at JP Morgan, then Quartz at Bank of America Merrill Lynch (BAML). Looking for an edge on the competition, each bank in turn built a pricing and risk system that was more complete and more flexible than anything the industry had seen before.

SecDB came to be known as Goldman's ‘secret sauce' – a platform credited with making the bank's army of quants and developers more productive than those of its rivals, and helping the bank avoid losses during the financial crisis.

Now, a group of technologists who worked on or launched those systems is giving similar capabilities to small hedge funds, regional banks, commodity trading firms, insurers and even to big dealers that want to update their own ageing risk frameworks. Known as Beacon, their product is a cloud-hosted service that offers a package of off-the-shelf trading and pricing tools, but the more innovative foundation for this is a development platform that allows users to quickly develop, roll out – and control – analytical apps. That makes it unique, clients say."

To read more, please go to the following link:
http://www.risk.net/risk-magazine/analysis/2479947

Beacon company home page:
http://beacon.io/