An Interview with Rich Jefferson, Commodities COO at Beacon

Comtech recently had the opportunity to visit with Mr. Rich Jefferson, Commodities COO at Beacon to get his thoughts about Beacon Growing Rapidly and Finding Fertile Ground in Commodity Trading ComTech Advisory: Can you give us a quick update on Beacon’s activities in commodities? Rich Jefferson: This is an exciting time for Beacon. We have grown our team and added clients from several sectors – physical energy traders, coal traders, investment banks and hedge funds. We have added back office, downstream and regulatory reporting functionality to our strong analytic framework. We have integrated clients’ own validated and approved pricing models to drive PnL and risk output from Beacon. We love working with clients who subscribe to our “buy and build on top” mentality (as we wrote about in our recent white paper), enabling analytic developers to own the full stack. That’s critical as markets and regulations continue to change. ComTech Advisory: We have seen a lot of interest in ‘ecosystems’ recently, Beacon is an example of a possible platform on which to build a CTRM ecosystem – have you seen much interest in that approach? Rich Jefferson: The edge our clients get from Beacon is that, in addition to a… continue reading

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Source: CTRM Center

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