TABLEAU & QUANTRIX Perfect 4 Business Intelligence & Financial Models
Financial Modelling & Business Intelligence get smarter.
Financial Modelling has moved on from the spreadsheet, so has Treasury Management. Business Intelligence has moved on from the really expensive industrial style platforms of the past as well. They are replaced by products which are agile, affordable, powerful, don’t require huge effort IT effort and impute. Most importantly a new price point is at play as well.
BI ReportsBusiness Intelligence is now deployed on the desktop with a Reports Server in the background. Visualised reports in dashboard form updated daily or hourly sent to desktop, mobile wherever needed. Things that people need every day, how many cans of coke did we make in the last hour, how many hits on our website since 6 AM this morning, hourly updates of the clients funds or pension so our salesman in the field has the latest info to show the client.
Whitepaper / Excel versus Business Intelligence
Impossible not at all we are implementing these kind of systems everyday in way less time it would have taken previously. Clients are downloading software everyday and writing high reports every day.
For financial modelling and business modelling the spreadsheet is yesterday for efficiencies. Excel and other spreadsheets are great for a lot of things but the 2 dimensional aspect and tendency to error really limits Excel despite some recent excellent innovations. For example Quantrix recent Version 4 release with Cloud based modelling capabitity is miles beyond regular spreadsheets.
