Spark 101: Estimating Financial Risk with Spark

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How much can you expect to lose? The financial statistic Value at Risk seeks to answer this question, but is computationally intensive to estimate. Cloudera has assisted several organizations in using Spark to compute VaR and other financial statistics. The talk below by Sandy Ryza from Cloudera walks through a basic VaR calculation, aiming to give a feel for what it is like to approach financial modeling with Spark. The slides for this presentation are available HERE.


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