(PRWEB) December 26, 2012
Verdant Analysis currently lets users build portfolios of U.S. and Canadian publicly traded securities and to analyze them using analysis templates. Users build the templates, which can contain an unlimited number of financial statement line items.
When the template is applied to the portfolio, the user exports the results to excel or Google docs and then builds financial ratios, regressions and equations.
Starting in early 2013, Verdant Analysis will begin rolling out the Verdasis Marketplace, a platform to allow users to buy and sell portfolios, analysis models and financial models.
Analysis Models are similar to Analysis Templates in that they produce financial ratios, regressions and equations. However, where the user must build Analysis Templates themselves, Analysis Models give the user the final result without the need to specify line items and perform mathematical operations on a spreadsheet.
Financial Models are composed of multiple Analysis Models.
“We’ve always allowed users to build sophisticated models and apply them to multiple securities at once,” says Jennifer Cameron, CEO. “The Verdasis Marketplace will accelerate the process of financial analysis, stock screening and financial modeling, with a price point low enough to allow users to continually refine and develop their investment techniques.”
“If someone has built a proprietary financial model that utilizes several sheets, dozens of mathematical computations and hundreds of data points, it likely requires maintenance and maybe subject to breakage. Hard-coding it into an analysis or financial model makes a lot of sense as it can be used over and over with multiple securities without having to enter new data every time and with no loss of integrity.”
The company will also custom design portfolios, analysis models and financial models for use in the Verdant system.
The first iteration of the Verdasis Marketplace will permit users to buy Portfolios, Analysis Models and Financial Models. Eventually the company will open up the marketplace for users to sell their portfolios and models.
“We envision a true marketplace that brings together many buyers and sellers,” says Cameron. “We believe the creative insight of our users will make the Verdasis Marketplace truly dynamic.”
About Verdant Analysis (http://www.verdasis.com)
Verdant Analysis develops investment technology for users performing fundamental analysis and macro-economic quantitative analysis. Our mission is to help investors and financial professionals obtain superior insight into North American public companies, with the outcome of improved financial or investment decision making.