Hamilton, Ontario (PRWEB) June 14, 2012
Investment technology company Verdant Analysis announces a new addition to their suite of investment analysis tools. The enhancement is called “Fast Exports” and it allows users to download multiple financial statements into excel in a matter of seconds.
“The whole focus of our company is to help people make better investment decisions by revolutionizing the analysis process,” says Jennifer Cameron, co-founder and CEO. “It is all about finding meaning in the information that is out there. For example, financial statements have very little merit in a read-only format. You need to be able to manipulate the data, to compare and contrast it. To be useful, they have to be in a spreadsheet. Before today people generally had to do it by hand; a time-consuming, tedious and frustrating process . Now it’s fast and painless.”
The company’s core product already allows users to generate financial models and ratios using specific line items, statistical measures and market information.
“There was a demand from our users to work with entire statements in excel,” says Cameron. “And although it was possible to build analysis templates to access the full statements, we designed a much more elegant solution to accomplish this particular task.”
In Fast Exports, users can pull the financial statements of any public company in Canada or the U.S. After entering the ticker symbol, choosing any or all of the three financial statements and the time periods, the user clicks a button to generate an excel version.
The company plans to expand their selection of “Fast Exports” to include suites of commonly used ratios, such as liquidity or profitability ratios, and valuation models such as discounted cash flow.
About Verdant Analysis
Verdant Analysis develops software to help people to achieve investment excellence. Various applications help users create and test their own investment theories and measure their results. The result is improved speed and quality in financial decision making. The company’s powerful and intuitive applications are designed to meet the needs, including custom design needs, of serious investors performing robust analysis. The data infrastructure upon which the applications reside includes market and financial statement information, with new data streams to be incorporated soon.