The next spreadsheet revolution
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Sidartha Dash and James Burns discuss the evolution of the spreadsheet – from its role in the capital markets revolution in the 1980s, through to its current impact and to the 'cousins' that are driving more changes in capital markets and financial services
Without the spreadsheet explosion in the 1980s there would be no collateralised debt obligations, no structured finance, no derivatives and no financial engineering. In fact, the impact extends way beyond capital markets to every corner of finance, whether it is reinsurance or equipment leasing. With the arrival of the affordable server-side offerings such as Excel Services and Excel 'grids', spreadsheets are about to once again change the face of capital markets and financial services.
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Copyright Infopro Digital Limited. All rights reserved.
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