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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

October - 2009 - issue > Company Spotlight

Trading Made Easy With Beans Technology

Benny Thomas
Thursday, October 1, 2009
Benny Thomas
Financial institutions, that trade, face an uphill task to find risk in their trading activities, particularly when they do so in a derivatives or other complicated transaction environment. This is because of the complexity of such transactions and various kinds of risks that emanate from trading positions. A tool, that can give real-time pricing, risk analysis and pre-trade processing, can help broad treasury participants including but not limited to banks, insurance companies, fund houses, derivative traders, brokers etc.; it can help them to maximize their profits by giving accurate numbers for such trading activities.

Beans & Intellect Financial Technology is a company that is building technology components for niche treasury markets. The company is a provider of analytic, technology & consulting solutions focused on BFSI, fund management and broad capital markets. Founded in January 2006, company’s mandate include providing solutions in credit risk, market risk and compliance areas across front, middle and back office treasury functions.

The company has developed a unique pre-trade derivatives processing product, called WebTrade, to un-risk the process of derivative trading. It is an ASP based online platform that can be accessed from anywhere by keying in a simple login / password on a web browser. The platform spans the entire spectrum of derivatives life-cycle - real-time pricing, structuring, risk management and portfolio management with real-time market data.

WebTrade covers a wide range of derivative products, from liquid vanillas to highly illiquid OTC structured products, across various asset classes. “It is powered by a highly optimized, efficient mathematical engine built using proprietary Beans++ language with built-in models and methodologies required for valuation of any complex structured derivative products on a fly,” says Anshumaan, the Founding Director of Beans & Intellect.

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