Financial Modelling, Cash Flow Planning, QUANTRIX is perfect for NAMA
Minister of Finance revealed as "shocking" the complete lack of cash management, credit control, margin analysis, risk management systems such as Quantrix from MXI Software deployed in the Banks. Powerful easy to use software that would have deftly illustrated the scale of the risks that are at the core QUANTRIX financial modelling, risk modelling abilities.
Minister of Finance has charged the Regulator with improving Bank IT systems to reduce dependence on aging, faulty spreadsheets compelling Financial Instiutions to use recognised dependable bank modelling software such as QUANTRIX from MXI Software.
Brian Lenihan, Dublin Government, Minister of Finance
March 30th the Irish tax-payer inherits the mess and settles the bill for the witless financial vandalism of the Tiger years. Minister of Finance intends to buy Euro 81 billion of distressed loans. Instantly creating the world's largest property operation. Ironically housed in the Treasury Holdings Building. Lets hope these guys have the power of MXI Quantrix at their disposal.
Powerful financial modelling and scenario testing is requried when considering selling Hotels cheaply, trying to complete just started schemes, rising interest rates, reducing prices of the NAMA owned houses. If NAMA had QUATNRIX from MXI software it could easily models all these financial risks, test assumptions and recover tax payers money.
That is roughly 50,000 per head for every Taxpayer in Ireland or whatever number actually remains working. The Financial crisis which the rest of the world appears to be emerging from is just got a lot more serious for the Paddies.
NAMA (subsidiary of the National Treasury Management agency) needs the risk management, cash flow planning, financial modelling capabilities MXI Software brillaint and easy to use financial modelling software. QUANTRIX
MXI Software is therefore delighted to announce another Financial Industry seminar demonstrating how QUANTRIX manages the following easily in Dublins IFSC on April 27th.
- Financial Forecasting
- Budgeting and Forecasting
- Risk control
- Risk analysis
- Credit risk
- Financial assumptions
- Cash Flows and margins
- financial projections