Fintech Impact

Jason talks to Mark Higgins, Chief Analytics Officer and Co-Founder of Beacon. It is a company that provides cloud solutions to financial institutions to run their data and analytics and a number of other interesting and high-level things.Episode Highlights0.33: Beacon is a financial technology company focused on the capital markets. These are the sort of wholesale trading that happens in foreign exchange and commodities and interest rate derivatives.4.55: Mark had decided to start their trading and risk management system as a development platform that has all that enterprise technology stuff in it and so that quants and data scientists and people like that don't have to be experts at enterprise technology.8.00: The financial institutions have had a sort of 30 plus year history of on-premises data center computers and there is a particular kind of mental model that goes along with that.09.02: Mark shares how their product is this combination of two pieces. One of them is sort of an out-of-the-box set of tradi