Imrecon

Spreadsheet modelling E-mail

Ian Rowson has nearly 25 years experience of developing spreadsheet models professionally and his preferred working environment has been Excel since shortly after it was launched on the Apple Mac in 1985

Over the last ten years, Imrecon has developed the core regulatory financial models for eight price reviews in UK and Ireland and advised on or audited a number of others. 

Imrecon considers a spreadsheet model, developed in an appropriate framework of modelling principles, is potentially an extremely powerful analytical tool.  Imrecon's framework of modelling principles is based on best practice in financial modelling but extended to address the needs of its clients, in particular regulators.

Regulators need models that have the flexibility to explore new policy options and answer new kinds of questions at very short notice when the policy team is most under pressure, yet remain robust and completely reliable.  Imrecon has responded to these challenges with a modelling architecture that reflects the underlying structure of the subject matter, properly separates the functional components within a model, so that any one component can be safely modified, and imposes a zero telerance approach to logical errors or reconciliation differences.  Imrecon has found that elegant model architecture provides the foundation for both robusness and flexibility.

Imrecon uses Microsoft Excel and Palisade @RISK.

 

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 "elegant model architecture provides the foundation for both robustness and flexibility"

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