Problem: A large international commodities trading company required enhanced CTRMS capabilities to support the expansion of its trading activities in US power.
Solution: The client leveraged Beacon as their primary market data, trade data, risk and analytics platform and integrated Beacon with their existing CTRM systems. Working with the client’s internal developer teams, Beacon established the desired pre- and post-trade analytics and enterprise risk metrics within months of the start of the project. The client is leveraging Beacon Standard as their platform for developing proprietary analytics while benefitting from the build-out of additional CTRMS capabilities in Beacon Plus.
Problem: A large integrated oil company was looking to improve the risk management for their substantial global oil storage positions. They were missing the necessary analytical models to visualize market risks as well as experience in bridging the gap between theoretical models and their commercial application in actual trading decisions.
Solution: Beacon provided the analytical models as well as the commercial-analytics leadership necessary to create consensus across the trading organization on the desired risk-management approach. The ability to quickly perform comprehensive historical simulations of different analytics models and hedging strategies within the Beacon Platform was key to the success of the project.
Problem: This tail risk hedge fund needed a risk and scenario framework that included complex, market state-dependent risk analytics and could not find a vendor platform that was flexible enough to accommodate them.
Solution: Beacon built and deployed real time and EOD risk and PNL calculations that let the hedge fund deliver financial products to protect their clients’ investors’ capital in adverse market moves while avoiding negative carry in normal market conditions.
Problem: This client’s 15-person quant team needed a platform to build and run ALM analytics, aggregate data across multiple trading systems, generate and host cross-business reports, and run their complete portfolio of assets, liabilities, and hedges through complex forward market scenarios.
Solution: The client licensed the Beacon platform and within six months had their whole quant team working collaboratively to solve business problems.
Problem: A large TRM system vendor in Asia identified a substantial commercial opportunity in providing Credit Valuation Adjustment (CVA) and related analytics owing to regulatory changes for Japanese investment banks. Their current platform made it difficult to build the necessary functionality on the desired timescale.
Solution: Beacon partnered with the vendor to build a CVA system for interest rates and FX trading. The CVA system is being built in the Beacon Platform and integrated within the vendor’s TRM system. Beacon will share in future revenues derived from this system.