Posted in #DATA ENG

Modernizing Risk Management Part 1: Streaming data-ingestion, rapid model development and Monte-Carlo Simulations at Scale

Published Date: 28 mai 2020 0 376

Managing risk within the financial services, especially within the banking sector, has increased in complexity over the past several years. First, new frameworks (such as FRTB) are being introduced that potentially require tremendous computing power and an ability to analyze years of historical data.

Source : https://databricks.com/blog/2020/05/27/modernizing-risk-management-part-1-streaming-data-ingestion-rapid-model-development-and-monte-carlo-simulations-at-scale.html

Date : May 27, 2020 at 08:00PM

Tag(s) : #DATA ENG