AWS for Industries
Tag: Apache Spark
How Acxiom reduced their model inference time from days to hours with Spark on Amazon EMR
Customer intelligence company Acxiom provides data-driven solutions that help marketers worldwide better understand their customers to create better customer experiences and drive business growth. To deliver these customer experiences, Acxiom builds and manages a large number of machine learning (ML) models on Amazon Web Services (AWS), using services like Amazon EMR—a solution for rapidly processing, […]
How to improve FRTB’s Internal Model Approach implementation using Apache Spark and Amazon EMR
The Fundamental Review of the Trading Book (FRTB) is a set of proposals by the Basel Committee on Banking Supervision for market risk capital calculation for banks. This new set of rules (often referred to as “Basel IV”) is intended to create a more resilient market and capture risk adequately for stressed market conditions. It […]