New tools for financial analysis could dampen the need for technical processing ability in new hires
The 1992 book Merchants of Debt, a critical history of the private equity firm KKR, recounts the moment in the early 1980s when a firm executive came across VisiCalc, the spreadsheet software that would upend both KKR and Wall Street. “KKR couldn’t rapidly stalk several companies at once, because its financial blueprints required weeks of calculations by hand,” George Anders wrote of the old way of doing business.
The whole process takes minutes. Gutwinski says that preliminary models are not only fast but defect-free, eliminating the chance of common human error such as entering the wrong number or link. Mosaic models can also be downloaded to Excel and then further customised as deemed necessary by the deal team. Gutwinski’s clients so far include powerhouses such as Warburg Pincus and CVC Capital.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After devastating floods and ten years of work, gymnastics gym relaunchesThe experience for our gymnasts and coaches has been improved with new convenient access, new toilets, new locker areas, new offices and new reception areas
Read more »
Antitrust: GoDaddy under fire for banning DNS automation tool in favor of its ownDomain name giant yanked into court after Entri Connect disconnect
Read more »
Automation needed to fight army of AI content harvesters stalking the webJust when you think you've ban-hammered one, it pops up with another name
Read more »
Using a cell culture system for cell culture automationThis article from Molecular Devices explores using the CellXpress.ai cell culture system for cell culture automation.
Read more »
3D intestinal organoid culture automation using an Automated Cell Culture SystemThis article explores automating a 3D intestinal organoids culture using an automated cell culture system.
Read more »
Beckman Coulter Life Sciences and Illumina Accelerate Oncology Research with Launch of TruSight Oncology 500 DNA/RNA ApplicationAssay Automation Makes Cutting-Edge Research More Accessible to Labs.
Read more »