Automated Ledger or Fintech Analytics Platform?
Initially designed as an automated ledger tool, Excel swiftly evolved into a data analytics platform for financial analysts to execute intricate financial analyses. Excel is so commonplace in the financial industry that many do not even consider it a fintech tool. The transformation of Excel from a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2025-04-01
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| Series: | FinTech |
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| Online Access: | https://www.mdpi.com/2674-1032/4/2/14 |
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| author | Andrew Kumiega |
| author_facet | Andrew Kumiega |
| author_sort | Andrew Kumiega |
| collection | DOAJ |
| description | Initially designed as an automated ledger tool, Excel swiftly evolved into a data analytics platform for financial analysts to execute intricate financial analyses. Excel is so commonplace in the financial industry that many do not even consider it a fintech tool. The transformation of Excel from a simple ledger tool to a low-code machine learning (mL) platform is not a traditional focus for fintech. The transformation of Excel into an mL platform will let financial analysts and quantitative analyses quickly evolve financial models in Excel to use advanced mL techniques. The low-code interface lets analysts quickly build predictive models. This paper explores how Excel has evolved into a low-code machine platform for financial applications along with the risks associated with Excel’s new functionality. |
| format | Article |
| id | doaj-art-945551e71b9d4e11bb051a80bb5ccb31 |
| institution | Kabale University |
| issn | 2674-1032 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | FinTech |
| spelling | doaj-art-945551e71b9d4e11bb051a80bb5ccb312025-08-20T03:24:37ZengMDPI AGFinTech2674-10322025-04-01421410.3390/fintech4020014Automated Ledger or Fintech Analytics Platform?Andrew Kumiega0Stuart School of Business, Illinois Institute of Technology, Chicago, IL 60616, USAInitially designed as an automated ledger tool, Excel swiftly evolved into a data analytics platform for financial analysts to execute intricate financial analyses. Excel is so commonplace in the financial industry that many do not even consider it a fintech tool. The transformation of Excel from a simple ledger tool to a low-code machine learning (mL) platform is not a traditional focus for fintech. The transformation of Excel into an mL platform will let financial analysts and quantitative analyses quickly evolve financial models in Excel to use advanced mL techniques. The low-code interface lets analysts quickly build predictive models. This paper explores how Excel has evolved into a low-code machine platform for financial applications along with the risks associated with Excel’s new functionality.https://www.mdpi.com/2674-1032/4/2/14spreadsheet productivityintegrated development environmentbusiness analyticsintelligencedata shaping |
| spellingShingle | Andrew Kumiega Automated Ledger or Fintech Analytics Platform? FinTech spreadsheet productivity integrated development environment business analytics intelligence data shaping |
| title | Automated Ledger or Fintech Analytics Platform? |
| title_full | Automated Ledger or Fintech Analytics Platform? |
| title_fullStr | Automated Ledger or Fintech Analytics Platform? |
| title_full_unstemmed | Automated Ledger or Fintech Analytics Platform? |
| title_short | Automated Ledger or Fintech Analytics Platform? |
| title_sort | automated ledger or fintech analytics platform |
| topic | spreadsheet productivity integrated development environment business analytics intelligence data shaping |
| url | https://www.mdpi.com/2674-1032/4/2/14 |
| work_keys_str_mv | AT andrewkumiega automatedledgerorfintechanalyticsplatform |