LightAutoML: AutoML Solution for a Large Financial Services Ecosystem

• URL: http://arxiv.org/abs/2109.01528v1
• Date: Fri, 3 Sep 2021 13:52:32 GMT
• Title: LightAutoML: AutoML Solution for a Large Financial Services Ecosystem
• Authors: Anton Vakhrushev, Alexander Ryzhkov, Maxim Savchenko, Dmitry Simakov, Rinchin Damdinov, Alexander Tuzhilin
• Abstract summary: We present an AutoML system called LightAutoML developed for a large European financial services company. Our framework was piloted and deployed in numerous applications and performed at the level of the experienced data scientists.
• Score: 108.09104876115428
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: We present an AutoML system called LightAutoML developed for a large European financial services company and its ecosystem satisfying the set of idiosyncratic requirements that this ecosystem has for AutoML solutions. Our framework was piloted and deployed in numerous applications and performed at the level of the experienced data scientists while building high-quality ML models significantly faster than these data scientists. We also compare the performance of our system with various general-purpose open source AutoML solutions and show that it performs better for most of the ecosystem and OpenML problems. We also present the lessons that we learned while developing the AutoML system and moving it into production.

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