MODEX

16/06/2020

According to the new structure of the Ukrainian power market, RES operators will need to submit accurate forecasts of RES production volumes.

If those forecasts are not accurate enough, those RES operators will be responsible for imbalances on power grids and have to pay huge penalties.

In this interview, Dr. Ronald Huisman shares his views on the current situation on the Ukrainian renewable energy market and recommends companies to learn from EU experience by investing in the accurate power forecasting.

According to the new structure of the Ukrainian power market, RES operators will need to submit accurate forecasts of RES production…

25/05/2020

Big data or big mess? Big data is important for business. But this is not a “magic pill” - it should be used carefully, understanding all the limitations.

Big data важна для бизнеса. Но это не «волшебная таблетка» — использовать ее следует осторожно, понимая все ограничения.

12/05/2020

Communication among tech systems is similar to people’s communication.

Sometimes they don’t listen to each other, use different formats, languages, or just not ready to perceive information coming from outside.

Data Management helps systems connect and understand each other. As a result, your company will be able to evolve and create innovation.

06/05/2020

Hi! We are looking for the Front-end developer to join our friendly Kyiv Team.

Challenges our team is solving are non-trivial so using modern approaches and technologies like AI, Machine Learning, and Big Data is a necessity not a fashionable pursuit.

Requirements:
• At least 3 years of working experience in usage of HTML, CSS, JavaScript, TypeScript ES5/ES6
• Experience of building responsive web applications
• Familiar with CSS methodologies
• Practical experience with CSS pre-processing tools: SASS, PostCSS preferred
• Working experience with Angular, Webpack
• You know how to create modular and testable code
• Working experience with RESTful APIs
• Good spoken and written English

Will be a plus:
• Experience with an Agile development process
• JIRA, Confluence usage experience
• Excellent communication and collaborative skills
• Domain expertise in Energy & Utilities, Financial Services, Retail, or Public Sector

We offer:
• Good financial reward and recognition for your contributions
• Contemporary tools and effective equipment
• The friendliest team that you’ve ever seen
• No formal dress codes
• Flexible working hours
• Option to work remotely when appropriate.

Responsibilities:
• Extend your area of expertise with the modern set of technologies and frameworks
• Interact directly with the company executives on technology aspects of a product building
• Participate in design and implementation of Cloud-based products and solutions
• Requirements analysis, clarification, tasks decomposition, and time estimation
• Active participation in SCRUM development/process
• HTML/CSS/JavaScript/TypeScript coding
• Develop UI functionality per customer’s wireframes/mockups
• Focus on developing user-friendly and good-looking solutions.

You can apply with Facebook or send your CV at [email protected]

05/05/2020

We shared some preliminary conclusions on the "Survey Volatility Ukrainian Commodity Market" project. Read on Landlord:

Для чого українським опціонам потрібна альтернатива вбудованої волатильності товарних контрактів

23/04/2020

Flip the pyramid.

Quite often people using a picture describing data analytics as a pyramid. It suggests following the path from data to wisdom, bottom-up. This pyramid tells the IT side of things and seems logical, but it also tells that wisdom is smaller than data.

We see it otherwise.

Data can never be more important than wisdom. With wisdom, the company can grow, innovate, become more sustainable, etc. Therefore, we flip the pyramid.

Data analytics should not start with IT but with business challenges.

17/04/2020

How can a retail business "boost the immune system" and minimize possible losses from COVID-19?

Maxym Synyavskyy, head of the data analytics and modeling department, told Mind. UA why companies should use data they already have or which can be easily collected.

Про можливості великих даних і аналітики для ритейлу

16/04/2020

Many managers want to start with data analytics, but don’t know where to begin. They often hear that data is gold and that you should go for it and it seems to make sense. But how and what?

Ronald Huisman, Professor Erasmus School of Economics [Netherlands], teacher kmbs, partner of the company Modex Analytics talks about the "Flip the Pyramid" concept.

Read here: http://open.kmbs.ua/data-analytics/

Чимало менеджерів хочуть працювати з аналітикою даних, але не знають, з чого починати. Вони часто чують, що дані — це справжнє золото, тому потрібно його «видобуват....

06/04/2020

Since February 2020, researchers of KMBS and Erasmus University supported by Modex Analytics started a project.

The research question then is whether volatilities estimated from survey data could be an alternative for the missing implied volatility information.

Every week, participating commodity traders fill out a questionnaire and receive a report.
This week we'll add corn. Why corn? The season of the spot wheat market is coming to an end, but at the same time, the corn market is active until the end of July. Here we can measure expectations about the current and future harvest.

It is especially interesting because here we can see a rapid increase in wheat prices and a significant decrease in corn prices. This situation is showing the differences between food grains and feed grains, which we cannot observe in the normal market conditions.

To join the survey (it's free), click here: https://share.hsforms.com/1EltGfUnDRXuiheG7fMGKpw29ebp

З лютого 2020 року дослідники KMBS та Erasmus University за підпримки Modex Analytics розпочали дослідницький проект, в основі якого полягає проблема відсутності вбудованої волатильності для багатьох українських товарних контрактів.

Головне питання дослідження звучить так: "чи може волатильність з опитування стати альтернативою вбудованої волатильності?".

Кожного тижня ми просимо трейдерів заповнити анкету та ділимося результатами опитування.

Цього тижня ми додамо кукурудзу. Чому кукурудза?
Сезон спотового ринку пшениці добігає кінця, але в той же час до кінця липня активний ринок кукурудзи. Тут ми можемо оцінювати очікування з приводу поточного і майбутнього врожаю.

Це особливо цікаво в поточній ситуації, коли ми бачимо стрімке зростання цін на пшеницю і в той же час суттєве зниження цін на кукурудзу. Ця ситуація демонструє відмінності між ринками food grains і feed grains, які ми не можемо спостерігати в звичайних ринкових умовах.

Feed grains почали мати негативну кореляцію. Це знаходить відгук у портфельної теорії, яка дозволяє при наявності в портфелі активів з низьким рівнем кореляції стабілізувати волатильність портфеля в цілому.

Щоб приєднатися до опитування, перейдіть за посиланням: https://share.hsforms.com/1EltGfUnDRXuiheG7fMGKpw29ebp

17/03/2020

Many managers want to become data-driven, but don’t know where to start. In this article Ronald Huisman, partner at Modex, talks about digital transformation in the manufacturing and service sectors.

Read on Medium:
https://medium.com/modex-analytics/this-is-how-the-eu-business-can-innovate-with-data-c98fa6589fb8

This February, the European Commission presented ideas and actions for its digital transformation. One of the three key objectives is to…

12/03/2020

Data Management is creating, maintaining and managing an I.T. infrastructure in real-time. In this interview, Kostya Grygoryev spoke about data management for the healthcare network from the USA.

Read on KMBS Alumni Portal:
https://mind.ua/kmbs_alumni/publications/20208616-cyu-kompetenciyu-skladno-vnutrishno-pobuduvati-bagatom-kompaniyam

Костянтин Григор'єв про управління даними, проєкт для медичної мережі, та стандарт даних HIPAA