What's inside this white paper?
There is increasing concern about 'spreadsheet risk' - the collective risk of adverse impacts resulting from the use of spreadsheets by a business. This is especially true when data is being collated from disparate systems and there is no single source of truth.
This white paper looks at the main issues of using spreadsheets in the investment sector and how you can address them.
- The main risk factors
There are many risks to leaving the creation of spreadsheets up to individuals. The main risk is that it can result in lower quality data, and when investment decisions are being made based on that data, the cost can be significant.
- How can you mitigate spreadsheet risk?
Spreadsheets do have a role to play in any investment business. However those spreadsheets should be used judiciously; with good processes, and linked automatically with an EDM platform.
