“Some people call this artificial intelligence, but the reality is this technology will enhance us. So instead of artificial intelligence, I think we’ll augment our intelligence”
– Ginni Rometty
Welcome to the new look Miscellany. If you have modelling-related news, resources
or events that you’d like to share with 48,000 of the world’s best modellers, please
AI // LinkedIn Goes big on AI
LinkedIn has upgraded its AI capabilities, introducing new features across its product line:
- Recruiter has added generative AI to enhance search efficiency for recruitment professionals;
- LinkedIn Learning incorporates an AI-driven “learning coach” offering tailored to learners;
- Accelerate is a new AI tool for marketers, aiming to streamline campaign processes.
Project Finance // Understanding the cash flow waterfall
Hedieh Kianyfard is presenting a webinar on the intricacies of the Cash Flow Waterfall in Project Finance. Hedieh is an experienced Project Finance modeler, author of “Financial Model Detective” and part of the teaching faculty on the Certified Project Finance Analyst programme. Find out more and sign up.
Infra // Inside Saudi’s giga projects
Saudi Arabia is currently undergoing a massive development program. The best known project, Neom, will cover an area of more than 10,000 square miles. It’s only one of 14 giga projects currently underway in the kingdom. This article outlines the scale of the ambition.
Finance // Is London losing its position as a leading finance hub?
In the latest Global Financial Centres Index, London maintained its position as the world’s second-largest financial services hub after New York. Singapore and Hong Kong are closing the gap. Post Brexit, will London be able to maintain its position? Read more.
If you have a modelling related job that you’d like to include in the Miscellany please
SA – Senior Financial Modeller – Mainstream Renewable Power, South Africa (Hybrid)
Project Finance Manager – DEME Group, Belgium
Financial Model Analyst – Renewable Energy Industry, Philippines
Financial Modeller – Boutique Advisory Firm, South Africa (Remote)
Financial Modelling – Boutique Private Equity Fund, UK (Hybrid)
Resources for modellers
Business Analysis Lifecycle. Building a spreadsheet model is always a means to an end. The purpose of any model is to generate insights to help answer critical business questions. The model is a laboratory. It’s a place where we can test hypotheses about the business. This is why I love modelling. Done well, it can help us explore real-world business dynamics and ultimately make better decisions. This chapter of the Financial Modelling Handbook explains how modelling fits into the wider business analysis process.
Financial modeller’s corner podcast. Paul Barnhurst is hosting a new podcast featuring discussions with Financial Modellers from across the globe. It’s a well produced and useful resource for modellers.
Modelling best practices guide. The Financial Modelling Institute has published a useful paper on modelling best practices around structure, format and formula tips. “Best practice” can sometime seem a bit of an overused term in modelling since it means different things to different people. This contains some useful pointers nonetheless.
And finally …
On a similar theme to last week…
This week’s Miscellany was curated and edited by