LMS is represented solely by a team of very experienced modelling professionals. Our central focus is designing and developing financial models that genuinely improve investment and strategic decision making. We make good on this promise by scoping and understanding our clients’ requirements in a structured and thorough manner and by delivering at all times products which adhere to our best practice modelling methodology, whether that be a financial model or a tailored in-house training course.
We underwrite this systematic, thorough and best practice approach to our work by only employing experienced financial modelling professionals with a minimum of 8 years modelling experience. This makes us unique in the financial modelling industry and allows us to deliver the best products possible all of the time.
What We Believe In
We believe that creating a representation of a complex situation will always enhance management know-how and intuition when making both day-to-day and important judgement calls.
However, this is only true if the financial model is both high quality and fit-for-purpose. This statement is so obvious it is banal and yet the financial modelling industry is beset by endemic issues which frequently lead to poor, risky and misleading financial models.
Three critical issues that foster bad modelling are:
- Undervaluing the importance of the model scoping process.
- Not employing best practice modelling methods.
- Utilising inexperienced staff for modelling roles.
On average our team members have 10 years’ experience, have held roles with leading consulting institutions worldwide and won prizes for their modelling expertise. This compares with the industry standard where modelling roles are typically filled by graduates and juniors in first time roles, with a max of 3 years’ experience, or by outsourced teams who have no direct contact with the client. The benefits of experience can be seen in all types of roles, but is particularly stark in financial modelling where, as an unregulated industry, there is limited formal training and so on job know-how is ever more critical.
2. Employing a clear scoping methodology.
Too often financial modelling companies are keen to talk about ‘modelling methodology’, but do so without acknowledging the role of scoping – that is, understanding intimately the client’s requirements. At LMS we understand implicitly that the scoping and development of a model are of equal importance. Undervaluing one will always undermine the other. Poor scoping invariably leads to bad modelling, but it also often leads to higher dollar and time costs to the client too.
3. Utilising a best practice modelling methodology as standard.
Financial modelling is an unregulated environment. Hence, there is a need for financial modelling houses to provide their own rules and standards. LMS cherry-picks the latest best practice modelling techniques from the UK and Australia to ensure its clients receive a thought-leading and low-risk product.