Through Marquee, the firm could now offer clients access to the same pricing data, risk models, and proprietary datasets used by Goldman Sachs traders and risk managers. This effort culminated in the launch of Marquee on June 30, 2014. They accomplished this by integrating application program interfaces (APIs) into the platform so that it could tie in with end users’ own systems. In 1995, it launched GS Financial Workbench SM, a website that both clients and employees could use to download research reports, access earnings and valuation models, submit trades, monitor accounts, build and view presentations, calculate derivative prices and view market data.Īs a next step in this evolution, the firm’s strats worked to find ways to better connect clients with the content, analytical tools and data used internally in the firm. The proprietary software was called Securities Database but was known internally as SecDB.Īt the same time that Goldman Sachs was deploying innovative technology across internal functions, the firm also recognized the value of being able to connect with clients and share information with them electronically. In the early 1990s, a team of Goldman Sachs “strats” - multi-disciplinary specialists in quantitative finance, engineering, and technology - developed a groundbreaking, integrated risk management platform capable of aggregating trading risks across the entire firm.
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