The sharing economy....new open source platform is an attempt by Goldman to bolster its technology bona fides
In a major shift for Goldman Sachs Group Inc., the firm is preparing to give away some of the “secret sauce” behind its trading ideas. Goldman will soon offer clients access to more of its in-house tools, such as high-powered databases that analyze markets and manage risk, according to the firm’s executives. Those proprietary systems have long been key elements enabling Goldman to sidestep market turmoil and ring up outsized profits...
http://www.wsj.com/articles/goldman-sachs-to-give-out-secret-sauce-on-trading-1439371800
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