From medium: Modernizing the Capital Markets Technology Stack: Centana’s Investment in Beacon Platform, Inc
Why do customers select Beacon?
Time-to-value and ROI. Today, companies continue to deal with cumbersome internal applications that have been stitched together, often with legacy code and/or 3rd party vendors in the Trading and Risk Management space which are “black box” and difficult, if not impossible, to alter.
Beacon’s entire code base is flexible and transparent (i.e. the code is made available to customers) and seamlessly integrates with existing software and other 3rd party solutions (like Murex and Calypso), or in-house proprietary solutions, which helps drive quick time-to-value and high utility.
In a fraction of the time and cost of alternative solutions, Beacon has helped customers achieve objectives such as migrating workloads to the cloud, expanding into new markets, upgrading legacy code by placing it within a modern developer wrapper and extending analytics and applications to customers’ end-users.
This may sound like an advertisement for Beacon ( I have nothing to do with it), but this is an example of where capital markets technology is heading… Vertical SaaS or cloud industry solutions instead of legacy or proprietary inhouse solutions