InvestExcel announces the launch of a new website offering technical resources for financial engineers, quantitative analysts, investment managers and retail investors.
(prHWY.com) June 24, 2012 - Birmingham, United Kingdom -- The increasingly sophisticated needs of financial practitioners had led to greater emphasis on software to automate the complex mathematics involved in asset allocation, option pricing and more. Many tools are used, but the most popular are spreadsheets. However, existing websites often charge for financial spreadsheets, or are badly organized. InvestExcel saw the opportunity for a professionally prepared, free alternative and developed
http://investexcel.net.
The website offers Excel spreadsheets for a broad range of financial tasks, including
-
option pricing
- portfolio optimization,
- investment analysis,
- risk modelling,
- and asset allocation.
The website has an uncluttered design and enables users to quickly locate spreadsheets of interest. The spreadsheets are organized in multiple channels so that users can browse related items. Moreover, a series of convenient tables summarizes the resources available on the site.
The CEO of InvestExcel, Samir Khan, said, "the spreadsheets are professionally prepared, and provide a relief from expensive alternatives".
Khan continues, "Spreadsheets are an alternative to software that only offer specialized functionality, and also have the ability to automate many repetitive tasks. Accordingly, spreadsheets have rapidly increased the efficiency of many financial professionals. Accoringly, InvestExcel are anticipating a warm welcome from the financial modelling community to our new website".
Khan finishes, "Developing the website was hard work, but we were encouraged by the reactions of beta testers. We have committed to refining the design and developing more spreadsheets, all of which will be available free of charge. Our goal is to create the go-to website for financial professionals searching for practical, easy-to-use spreadsheets".
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