Forecasting Capital Calls and Distributions

Early in his career, one of us was responsible for cash flow forecasting and liquidity management at a large multiline insurance company. We gathered extensive historical data on daily concentration bank deposits, withdrawals, and balances and developed an elementary...

The Case for Outsourced Hosting

Middle office jobs are fascinating. In performance analysis, spotting dubious returns and tracing them back to questionable inputs requires insight that seems intuitive or innate but results in fact from a keen understanding of markets, asset classes, investment...

Spreadsheet Risk Is Career Risk

Stop and think: how much does your firm — and your work group — depend upon electronic spreadsheets to get mission-critical assignments done? How badly could a spreadsheet error damage your company’s reputation? Its financial results? Your own career? Here’s an...