Hedge Fund Improves Machine Learning Model Performance 4X with Alluxio

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Quantitative hedge funds process large data sets with sophisticated financial models to drive investment decisions. Machine Learning is used to continuously improve models and maximize financial return. One firm with billions ($US) of assets under management turned to Alluxio to address the performance and cost challenges of large scale data processing in a hybrid cloud environment. With Alluxio, the number of model runs per day increased by 4x and the cost of compute was reduced by 95%.