Risk.net, a website dedicated to risk management in complex markets, recently published an article highlighting Quantbot Technologies’ innovative strides in Big Data when utilizing Code Willing’s CASFS+ product.
Quantbot presently uses this product to effectively and efficiently run a version of its quantitative investing platform on the cloud. By implementing CASFS+ into their strategy, they discovered a 90% reduction in cost to run their jobs. The article discusses the algorithm used in order to reduce their spending, along with some additional, effective tools available in CASFS+.
And it’s not “Quants only.”. Having built something that can provide multiple businesses with a faster and more cost-efficient way to run jobs, Code Willing is currently in the works to offer CASFS+ to other businesses in the AWS Marketplace. You can even contact them here to set up a demo and learn more about the product.
Link to the news article here:
Speaking at the Neudata Summer Online Summit 2021, Quantbot Technologies CEO and co-founder, Paul White, presented “When Data is Everything,” where he talked about how far we have come in the world of data science.
During the presentation, White discussed how Quantbot manages its ever-growing data science demands utilizing tools from Code Willing and Options IT for smart task routing in the private and public clouds.
One of the tools they are currently using is CASFS+, a cloud-based file system and cloud resource manager built by Code Willing.
In particular, White dove into costs and how working with CASFS+ has given them the ability to control a user’s budget.
When working with data science, the amount of data stored is continuously growing. While having as much information as possible is desirable, it can also present a problem when researching the data and attempting to keep costs to a minimum.
When using the CASFS+ program, Quantbot can set budget controls for every user, ensuring no one will exceed their budget. Ultimately, allowing the company to rest easy knowing that the cost they foreshadowed will indeed be the actual cost in the end.
Currently, CASFS+ is available as a fully-managed option directly through Code Willing. For those working with a more refined budget, Code Willing will soon provide CASFS+ as a self-service option through the AWS Marketplace.
Click here to review the entire presentation of “When Data is Everything.”