Major financial institutions face substantial problems in maintaining user generated spreadsheets. Portfolio management, supportive decisions and creation of prices occur through spreadsheets which are very valuable to a financial institution but by their own nature are uncontrolled, amendable and ungoverned.

Larger financial institutions needed a banking compliance tool that eases the process of managing spreadsheets in use with the bank.

Spreadsheet Scout

'Spreadsheet Scout' provides banks with fast empirical information - how many spread sheets does the bank have, how many are drawing down chargeable data from the market, and how many are posting prices for which the bank is responsible?

The banking compliance tool also provides an answer to serious issues that define how many spreadsheets are out of date, redundant, or who is responsible for them?

'Spreadsheet Scout' helps financial institutions understand the size and shape of the organisations 'spreadsheet universe' making it easier to tackle them.