If you have friends that sit on a trading floor, you’ve probably heard them refer to the black box pricing tools they use. They throw in a bunch of numbers to price a transaction, the system then pulls in market data, runs a complex pricing model and throws out a number. One step further, they can give you future projections for your PnL, confidence intervals and value at risk for entire portfolios of trades. Such systems are mostly seen at Big banks, well-funded hedge funds and others who’ve built these heavyweight black box systems in-house. It takes a vast amount of capital, processing power, access to endless market data along months of engineering effort to build these systems. Well, not anymore. Beacon is a FinTech company that offers a cloud-based, end-to-end development and production platform for financial and quantitative developers Beacon Platforms was founded by long-term traders and strategists who created trading and risk management platforms at Goldman Sachs, JP Morgan and Bank of America Merrill Lynch. Kirat Singh the CEO and co-founder of Beacon, is our guest today. Leveraging the experience and lessons learned during extensive careers at major investment banks, Kirat and his co-founders have created the only third-party solution on the market that integrates end-user applications for the financial services industry within a comprehensive developer platform. Show Notes: Beacon’s Platform Beacon Products