This story requires our BI Prime membership. To read the full article,Beacon, a New York-based cloud startup, offers banks, asset managers and trading firms access to cutting edge software. The company just raised $20 million in a Series B round led by Centana Growth Partners.
Here's the pitch they used for their latest round. Beacon has raised a total of $39 million from investors, including PIMCO and Global Atlantic.Technology can be a competitive game-changer in financial services. But for banks, asset managers and trading firms, deploying cutting edge software can be time-consuming, tedious — and expensive.
Beacon offers banks and financial services firms access to pre-built applications and other tools for analyzing data, improving operations and making sure they're complying with regulations.
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