Spark 101: Estimating Financial Risk with Spark

Print Friendly, PDF & Email

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.

 

Sign up for the free insideBIGDATA newsletter.

Speak Your Mind

*

Comments

  1. The platform you will be using for demo trading is
    identical platform that you will use once you’re really trading
    with real money, so demo buying and selling helps
    remove the educational curve and any errors that you simply
    would possibly make while figuring out the right way to use the software program.