Are Spreadsheets Dead? A Debate Amongst Market Practitioners

On demand webinar with Risk.net 

Spreadsheets have been used extensively within capital markets firms for decades. They are powerful, easy to use, and flexible, which makes them indispensable to many financial institutions, from front to back offices.  

However, spreadsheets can also present significant risks, especially when used in mission critical or complex business processes, and regulators are wary of the operational risks they pose. As a result, many firms are actively trying to move away from spreadsheets to other tools, such as Python-based tools or enterprise systems. New big data and artificial intelligence (AI) tools also threaten to disrupt spreadsheet usage in a variety of ways.  

Join our panel of experts as they discuss the changing role of spreadsheets in financial institutions, and their views on when and why different alternatives should be considered. Topics covered include:  

• Will spreadsheets ever become extinct?  

• Alternatives to spreadsheets, and why they’re better – or not  

• Challenges to moving away from spreadsheets  

• Regulatory and compliance perspectives  

• Practical compromises firms are making  

• Spreadsheets vs. AI (including deep learning and generative AI) 

Featured Speakers:

• Matteo Bedini, Product Manager, Numerix
• Ricardo Pachon, Portfolio Manager, Portfolio Engineering & Trading Division, UBS Asset Management
• Richard Thomson, Head of Desk Aligned Strats Team, Nomura
• Akash Sharma, Vice President, Senior Technology Manager, Wedbush Securities
• Moderator: Sakshi Sharma, Risk.net