New Discussion Suggests How Value-at-Risk (VAR) Model Highlights the Likely Use of Software Applications by JP Morgan

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In a recent study, financial analysts speculate that JP Morgan CEO Jamie Dimon's team used Microsoft Excel to assist in the development of the value-at-risk model. Publication Director for leading software training provider Books Training offers tips on how such software can be leveraged.

Software Training provider Books Training.  Visit BooksTraining.com for your free training demos today.

Software Training provider Books Training. Visit BooksTraining.com for your free training demos today.

Microsoft Excel and Microsoft Access can be helpful for accounting, budgeting, bookkeeping, graphs, table charts and much more.

A recent study was released by financial analysists who speculate that JP Morgan CEO Jamie Dimon's team used Microsoft Excel to assist in the development of the value-at-risk model. Publication Director for leading software training provider Books Training has released new ideas about these case studies that are now referenced from their website.

"The Microsoft Excel application can be applied in the creation of advanced reporting projections in investment portfolios and business operations." This according to Brenda Chen, Publications Director of Books Training (http://www.BooksTraining.com) who adds that Microsoft Excel offers more than the basic spreadsheet functions.

Ms. Chen confirms that Microsoft Excel can be put to a variety of uses like budgeting, bookkeeping, graphs, table charts and much more.

Ms. Chen explains, "There are a number of purposes that Microsoft Excel can be used for which are not commonly known. These include automated report generation, information command and control, and software design. The key point here is the level of proficiency on the part of the user. As such, the application can be manipulated using various methods. The software can help in enhancing efficiency and the pace at which complex tasks are done."

Ms. Chen refers to the study material of Books Training, a noted supplier of applications for commercial training in institutions of higher learning, business enterprises, non-commercial entities and individuals.

Microsoft Excel Software Classes.
http://www.bookstraining.com/microsoft-excel-training.php

Ms. Chen notes that it has come to light that Jamie Dimon and his investment team may have used Microsoft Excel when creating the value-at-risk model for the synthetic credit portfolio. She furthered, "It has been reported that errors did occur in certain parts of the report though the variation was minimal and the final outcome of the report was credible. The errors have since been addressed."

Most of the time, other Microsoft Office Applications are used like Microsoft Access (http://www.bookstraining.com/microsoft-access-training.php) to fine tune the reporting system. It has been observed that the JP Morgan team applies the use of the whole Office package to harmonize analysis of operations.

Ms. Chen concludes: "Up to date and accurate databases are essential to developing an excellent portfolio through the Microsoft Excel reporting format and both applications compliment each other." She highlights the success students have with their training from http://www.BooksTraining.com and invites readers to learn more regarding the use of these softwares.

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CINDY LEWIS
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