Why implementing a financial modelling standard is hard
At Gridlines, we care deeply about Standards in modelling. In this video, Kenny Whitelaw-Jones discusses some of the challenges that modelling teams must overcome to implement standards. He also discussed findings that were uncovered through a recent survey of financial modellers. Standards in Modelling Standards in modelling have been discussed at length for many years. […]
The Disconnect Between Modellers and Business Decisions
I was talking to someone a few weeks ago about a joint project team. This person referred to someone in the team as being “just the modeller”. That really irritated me. It annoys me when people view modelling as being easy, something for the juniors, something that anyone can do. In my experience this is […]
Understanding our Bias as Modellers
Our bias as modellers Our human biases can sometimes get in the way of effective analysis. Whenever you are changing something in your model, running a sensitivity or trying to answer an analytical question, it is always useful to create a hypothesis about what you think is going to happen. For instance, when the IRR […]