Powering Algorithmic Trading via Correlation Analysis

Finding relationships between disparate events and patterns can reveal a common thread, an underlying cause of occurrences that, on a surface level, may appear unrelated and unexplainable. The process of discovering the relationships among data metrics is known as correlation analysis. For data scientists and those tasked with monitoring data, correlation analysis is incredibly valuable when used for root cause analysis and reducing time to remediation.

Analyzing Python package downloads in BigQuery

The Google Cloud Public Datasets program recently published the Python Package Index (PyPI) dataset into the marketplace. PyPI is the standard repository for Python packages. If you’ve written code in Python before, you’ve probably downloaded packages from PyPI using pip or pipenv. This dataset provides statistics for all package downloads, along with metadata for each distribution. You can learn more about the underlying data and table schemas here.

FRTB: Will 2023 Finally be the Year?

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. FRTB is designed to address some fundamental weaknesses that did not get addressed in the post-2008 financial crisis regulatory reforms. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Why DataOps is Critical for Your Business

Data is often compared to oil – it powers today’s organizations, just like the fossil fuel powered companies of the past. Just like oil, the data that companies collect needs to be refined, structured, and easily analyzed in order for it to really provide value in the form of gaining actionable insights. Every organization today is in the process of harnessing the power of their data using advanced analytics, which is likely running on a modern data stack.