US-based investment management platform Clearwater Analytics has signed definitive agreements to acquire Beacon, a developer platform for capital markets, and Blackstone’s portfolio visualisation software, Bistro, in two deals worth a combined $685 million. Clearwater Analytics acquires Beacon and Bistro for $685m Founded in 2014, Beacon offers financial institutions tools for portfolio management, cloud migration, risk management, application development, and sales and trading. Clearwater will ...