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Goldman Sachs Has Started Giving Away Its Most Valuable Software
- deleted 10y ago[deleted]
- arcanus 10y agoI read this as implying GS has decided the software has no value.
- hga 10y agoSee the thread I referenced, which has comments that theorize why allowing others to use parts of it could be of value to GS. The overall system is of such fantastic value it's hard to overstate it. GS can in a matter of minutes/hours play "what if" games, and otherwise determine risk and figure out what their position is, when other companies at worst depend on people manually scraping data from spreadsheets and submitting that upwards via email. Played a major role in their minimal losses during the last financial crisis, it's a crown jewel in their industry.
- hga 10y agoSerious discussion has started here: https://news.ycombinator.com/item?id=12443678 https://news.ycombinator.com/item?id=12443678