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Agreement to Deliver Financial Analysis Software to University via Clubs(February 29, 2012)
Hamilton, Canada (PRWEB) February 29, 2012
Verdant Analysis, developer of investment analysis software, the McMaster Investment Club (MACIC) and the Degroote Finance Association (DFA) announce an agreement in principle to deliver an enhanced version of the Verdant web-based financial software to McMaster Finance Students.
I am so pleased that the McMaster clubs are the first to adopt our financial statement analysis software, says Jennifer Cameron, CEO. I am very impressed with the University, the faculty and the students. There are a lot of progressive and far-sighted thinkers at that institution.
The Verdant Analysis application is designed to save the student hours of tedious data collection and increase experiential learning. It allows users to quickly build financial models and to easily make ratio comparisons across multiple companies and across different time periods.
We are really impressed with Verdant Analysis commitment to delivering a valuable product to our members and by extension, the business school, says Ralph Conforti, Chief Executive Officer of MACIC.
The sentiment was echoed by Will Van Nest, Vice-President External Relations, We are responsible for a sizeable investment portfolio. This tool will not only help our investment committee come up with better investment ideas, it will help communicate them.
Knowing how to read a financial statement and extract meaning from them is a vital business skill. Verdant Analysis just makes it easier, stated Liam Whelan, DFA President .
The enhanced platform will include a club branded application page, a log-in from the club web-site, as well as a third group option in the Forecast functionality. Also in discussion is a new reporting feature for portfolio holdings.
Verdant Analysis, Inc. (http://www.verdasis.com) improves the speed and quality of financial decision making by developing intuitive and powerful applications on top of a comprehensive, trust-worthy and flexible information infrastructure. The company vision is to increase the transparency financial markets by lowering the cost of analysis.
The MAC Investment Club is a student operated and funded investment Club with over $56,000 of assets under management. Established within McMaster Universitys Michael G. DeGroote School of Business, the Club is at the core of DeGrootes student community. The MAC Investment Club provides McMaster students with a unique hands-on learning experience in the Capital Markets industry.
The DeGroote Finance Association (DFA) is one of the largest and most enduring clubs at McMaster University. It attracts over 200 undergraduate business students as members every year and the clubs establishment dates back to 1985. The association operates under the DeGroote Commerce Society and is sponsored by faculty, supported by the Centre for Business Career Development, and lead by a team of undergraduate business students.
Read the full story at http://www.prweb.com/releases/2012/2/prweb9228966.htm.
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