The Company
A health and wellness fitness company based in Cologne, which had a goal to predict the future price of exchange rate EUR/GBP, so that with the right know-how from Optima Analytica could establish a cost effective strategy for makes imports.
The Challenge
- Extract, transform and load (ETL) of exchange rate data from an API for the last four years
- Use of advanced analytics models for forecasting tomorrow's value of exchange rate Euro against GBP
The Solution
After the Extract, transform and load (ETL) process for the exchange rates data of EUR/GBP pair, we were able to develop a powerful Machine Learning system, so to predict accurately the movement of prices. As you can see in our charts, our prediction (green line) was excellent.
The Results
