As an emerging global market, Brazil is ripe with investment opportunities. And hedge fund Navi Capital is helping to uncover high-return investment opportunities by combining its institutional investing knowledge with data-driven insights to evaluate Brazilian equities. Though the company has had tremendous success in selecting medium- and long-term investments, it also recognized that pulling in data from government and other public sources would dramatically improve its ability to remain competitive in the future.
In response, the firm created a data science department to help incorporate more public data into its decision-making process to mitigate the risks of poor investments. But aggregating and analyzing huge quantities of structured and unstructured data requires extensive and often expensive infrastructure that can spell trouble for a young and growing organization.
- Build data pipeline project from scratch — including all the infrastructure to support the operation
- Keep the data pipeline cost-efficient to minimize waste and maximize the ROI
- Automate business-critical workflows with low operational needs
As part of building out its data pipeline, Navi Capital’s first technology decision was choosing an orchestration platform. After looking at Amazon EKS, ECS, and Fargate, the company chose HashiCorp Nomad because of its simplicity, ease of use, and reputation for high-availability and functionality. With Nomad, Navi Capital manages a robust data pipeline that’s made up of a series of containerized microservices deployed in a cluster as the control plane. These microservices expose APIs that can be used by analysts to pull reports or trigger data processing batch jobs.
Best of all, adding Terraform — HashiCorp’s infrastructure-as-code tool — to Nomad enables Navi Capital to easily manage and deploy new microservices as they’re developed. The end-to-end process has been fully automated with CI/CD pipelines. Developers can simply define the microservice deployment through Nomad job templates and the deployment will be committed via Nomad API calls within seconds.
» Business Outcomes
- 2 Weeks to launch new microservice-based projects running on Nomad
- 1 Operator to build and manage data pipeline with Nomad
- 70% cloud resource cost reduction by using Spot Instances and Nomad
» About Navi Capital
Navi Capital is a hedge fund specialized in Brazilian stocks. Founded in 2018, with a 10-year success record as a team, the firm has built a reputation for its unique investment process and culture, The firm leverages its combined investment knowledge and carefully studies and analyzes rich market data to select the best medium- and long-term investments for its clients.
» Navi Capital Partner
Carlos Felipe Domingues e Oliveira is Navi Capital’s IT Infrastructure Lead, responsible for building the systems and processes that make the firm’s work possible. Prior to joining Navi Capital, Carlos spent several years working as an IT engineer, part of Huawei’s nationwide Mobile Network Customer Experience project for over 60 million users in Brazil. Carlos holds a Bachelor’s degree in engineering from Universidade Federal do Rio de Janeiro and additional international studies at the University of Bristol in the United Kingdom.
Antonio Lobato is a partner and head of the Data Science team at Navi Capital. Prior to Navi Capital, Lobato served as a quantitative and business intelligence researcher, IT project manager, and as a corporate credit control analyst at well-known financial institutions. He holds a Master’s degree in electrical engineering from Universidade Federal do Rio de Janeiro.
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