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Despite the importance of financial models, the process behind modeling remains as cumbersome as ever. Since today s analysts develop models using Microsoft Excel and collaborate through email, it is difficult for multiple analysts to work on the same document at once. Even more worrisome, assumptions and models are rarely version-controlled, which stanley cup means that mistakes have a tendency to amplify given the frenetic pace of a trading floor.This is the world that Justin Zhen and Gre botella stanley gory Ugwi discovered when they graduated from Princeton together and joined Wall Street in the heyday years before 2008. Now, as founders of Thinknum, a platform for financial analysis currently in beta, they hope to dramatically improve this state of affairs by offering better access to key data and a significantly improved environment for sharing and collaborating on models.The founders, though, are not limiting their vision to just a few analysts in Manhattan. Instead, they believe that bette stanley flask r collaboration a |
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