SOURCE: Quantrix

April 30, 2008 10:45 ET

Quantrix Modeler 3.0 Improves Secure Collaboration and Presentation of Forecasting, Budgeting, and Strategic Planning Models

New Version of Business Modeling and Analytics Software Offers Presentation, Collaboration and Usability Enhancements for Enterprise Financial Modeling

PORTLAND, ME--(Marketwire - April 30, 2008) - Quantrix today announced a major new release of Quantrix Modeler, its financial and business modeling software for creating insightful forecasts, budgets, strategic plans, and other business-critical models needed to support business performance management objectives. The new presentation, collaboration, and usability enhancements will enable modeling teams, managers, and consultants to achieve and exceed business performance objectives with more secure, dynamic models.

According to Ventana Research, the business intelligence and performance management research firm, Quantrix Modeler 3.0 improves productivity. "Ventana Research believes Quantrix Modeler 3.0 is a significant step forward in making finance and line-of-business organizations more productive when it comes to any modeling, forecasting, budgeting, planning, or analytical task," says Robert D. Kugel, CFA, Ventana Research Inc. "The new release allows for collaboration and presentation of models throughout the organization in a controlled and secure manner."

Cimpor, the EUR 2 billion cement manufacturer, transitioned from spreadsheet technology to Quantrix Modeler to centralize and control budgeting and business planning across its operations in fourteen countries. "This solution significantly improves our data integration and analysis, giving strong and secure support to make good decisions in our business," says Rui Duarte, Controller, Cimpor.

New features in Quantrix Modeler 3.0 include:

Presentation Canvas: The new Presentation Canvas enables business users to create dynamic, interactive presentations and dashboards for decision-makers or clients. The canvas allows users to highlight important model elements such as profit & loss, income statement, and balance sheet as well as charts, images, and annotations onto a single interactive presentation view. Users can change projections or assumptions directly on the canvas, and the revised data populate the entire model, showing the impact of the change in real time without creating a new worksheet, or requiring any programming.

Secure Collaboration: Newly developed User Roles and Permissions are an easy-to-use method of controlling how individuals and teams interact with business-critical models. These controls address the risks associated with spreadsheet modeling where unapproved and unintended changes go unnoticed until they cause serious consequences to the business.

Improved Modeling Experience: The new tabbed interface makes working with multiple matrices, charts and presentation canvasses more productive by allowing users to create a cleaner, customized modeling environment.

"Quantrix Modeler 3.0 is a significant milestone for enterprise business modeling," says Chris Houle, CEO of Quantrix. "This release empowers professionals at all levels in the business to get the answers they need, when they need them."

Quantrix Modeler's multidimensional platform enables financial professionals to break away from the restrictions of spreadsheet technology to develop more accurate, secure, and insightful forecasts, budgets, and strategic plans. Quantrix Modeler can be quickly deployed throughout the enterprise while integrating smoothly with existing data sources and applications.

About Quantrix

Quantrix delivers business modeling and analytics (BMA) solutions and services to customers in more than 45 countries with resellers in the United Kingdom, China, Australia, France, Germany, Mexico, Chile, Israel, South Africa, and Brazil. Quantrix Modeler provides unprecedented business insight by enabling companies to develop accurate, secure, and dynamic forecast, budget, planning, risk, and data models. Quantrix Modeler delivers rapid return on investment by empowering businesses to break away from restrictive two-dimensional spreadsheets and complicated modeling and business intelligence tools. For more information about Quantrix Modeler, or to activate a free 30-day trial, visit www.quantrix.com or call +1 207.775.0808.

Contact Information

  • Media Contact for Quantrix:

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    Harris Media Services
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