Decameron Technologies Partners with Beacon Platform
APRIL 19, 2021
Decameron Technologies Partners with Beacon Platform to Enhance Risk Management and Analytic Capabilities for Fixed Income Portfolios
Decameron Technologies, a provider of best-in-class solutions for fixed income portfolios, announced today that it has partnered with Beacon Platform, a cloud-native technology platform designed for the financial services industry.
“Beacon has become the go-to Platform for innovators in quantitative finance that are looking to develop high-performance, cloud-native workflow solutions. Decameron’s advanced pricing and risk management analytics will introduce a specialized solution for our mutual client base” says Ryo Shimizu, Head of Apps and Partnerships at Beacon Platform Inc.
Decameron’s proprietary fixed income pricing and risk management engine is derived from the system originally developed by pioneering quantitative hedge funds. It has been continually updated and improved by a team of researchers who possess a combination of quantitative skills and real-world experience managing substantial portfolios.
All of Decameron’s applications are designed by practitioners, for practitioners, and the team’s real-world expertise and resulting intuition deeply informs framework design. For Beacon’s clients, Decameron apps will be available for purchase in the soon-to-be-launched Beacon App Store.
“We couldn’t be more excited to be partnering with Beacon Platform,” said Ksusha McCormick, CEO of Decameron Technologies. “Advanced analytics such as ours need to be domiciled in an advanced development environment, and Beacon’s state-of-the-art core infrastructure allows us to quickly and reliably adapt our capabilities to a broad range of applications and evolving client needs.”
Decameron’s pricing and risk management tools seamlessly plug into Beacon infrastructure to create applications that address a wide range of client needs for trading, analysis, and risk management of fixed income portfolios. Piggybacking on Beacon’s extensive native resources allows Decameron to be nimble and targeted in creating customized solutions for highly sophisticated buy-side and sell-side firms. For example, an early Decameron solution helps firms identify and manage a variety of market-related risks facing legacy contracts through the LIBOR-SOFR transition.
About Beacon Platform
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 a 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.
About Decameron Technologies
Decameron Technologies is a newly formed company of highly experienced quants and portfolio managers who first began working together nearly 20 years ago at the hedge fund JWM Partners. The firm provides solutions for fixed income pricing, portfolio management, and risk management, including index manufacturing, scenario analysis, and hedge construction. Decameron’s battle-tested, proprietary models are applicable to fixed income instruments across the credit and liquidity spectrum, with special use cases relevant for the upcoming IBOR discontinuation.
