An industry-leading long/short equity hedge fund already had traditional hedge fund analysis platforms but wanted to leverage big data and alternative data like satellite information, web data, and social media sentiment to get high-value insights and make better investing decisions. The hedge fund partnered with Caserta, leveraging our expertise to architect and build a cloud-based platform that enables analysis of big data, specifically alternative datasets.
Caserta worked with the hedge fund to design and architect a scalable data lake on AWS capable of handling the large alternative datasets that the financial analysts would be using. Both structured and unstructured datasets were prepared for analysis, using analytical notebooks and other tools of choice. Tableau was integrated into the solution so analysts and portfolio managers could visualize and interact with the data.
Caserta’s expertise enabled the hedge fund to get to market faster and take advantage of available alternative data. The alternative data platform has changed how the hedge fund’s investment team processes and investigates data, enabling them to enhance their investment strategies and make better-informed investment decisions.