We build financial models which are robust, accurate and individually designed to meet your specific needs. We follow six steps in our modelling process:
1. Objectives: We will work with you to define and examine your requirements in detail, to make sure that we completely understand the purpose of the model, why you need it and how it will be used.2. Specifications: We will identify the parameters of your financial model and make sure it is exactly right before we proceed to the next step:
- where the input data will come from and how it will be collected
- which assumptions will be used and how these will be verified
- what features the model will have and what form the output will take
3. Model Development: We will build your customised model in sections from scratch or by incorporating some of our proven templates in order to meet your specific requirements. We will keep in touch throughout development so you can monitor our progress and will be familiar with your model’s functions and features.
4. Tests & Reviews: We will put your model through rigorous testing to ensure there are no errors or weaknesses. An analyst who has not been involved in the development will test the model’s functionality, accuracy and robustness under a wide variety of scenarios and assumptions. We will only deliver the model once we are entirely satisfied that it is error-free.
5. Documentation: We will document every part of the process as we design and build your model, including any amendments we make during the testing phase. This maintains a complete audit trail of our work as well as providing valuable information for you on how your model works.
6. Delivery: Once the design, testing and documentation phases are complete we will deliver your model, together with a brief manual on how to use the model. We will help you to install and integrate it, and if required we can train your staff on how to use it and provide you with ongoing support.