#1: We have our own analysts!

Quantinal has over 25 years of experience. Thus, the speed of development, quality of the product, and flexibility of the model will be vastly superior to recent college graduates.  For legal advice, very few firms hire recent law school graduates instead of using a partner at a law firm.

#2: We want to develop in house so we can control the model!

Quantinal’s models are licensed to clients. Thus, the client has both the actual model to make any changes internally as well as Quantinal to provide support. If the model is developed by an internal employee, there is no guarantee that the employee will be remain with the firm, whereas Quantinal is here to stand by the product.

#3: We already have a model that works!

The model may work; but it is likely to be unwieldy and unable to easily transfer data to and from other applications, do rollups, run sensitivities, etc. Moreover, it has probably been modified over many years by various analysts, so there is no quality control on the results. The model may work, but it probably does not work as well as it should.

#4: It is too expensive to use consultants!

If a model does not produce accurate enough results, there is no cost that is not worth it.

Additionally, there is a large immeasurable cost in using an inefficient model. If it takes hours instead of minutes to run an analysis, a transaction can be lost or you will not have all of the scenarios you desire. There also is the toll that is taken on employees by having to constantly work late either running or waiting for the results of a model.

A model developed by Quantinal should be viewed as an asset on the balance sheet, and not an expense on the income statement!

#5: We are too busy to focus!

That is precisely the reason to hire Quantinal. Quantinal does have the time to focus, and more importantly, having a more efficient data handling and analysis process frees up all employees’ time to focus on their core responsibilities.