Excel is not for everything

Excel's primary use cases are:

• Financial Modeling: Over 90% of Investment Professionals build financial models in Excel.
• Data Analysis: Excel is ideal for basic to intermediate data analysis.

Fontics is a game changer for the Financial Modeling use case for Investment Professionals.

Can you really have it all?

When building financial models in Excel, you typically trade off between two constraints:

• Robustness: The more robust the model, the more complex it is. Complexity makes a model more fragile and increases the likelihood of errors.
• Speed: Speed accelerates Reviews and Updates.

• Reviews: Audit formulas, annualize financials, analyze trends, run sensitivity analysis, gain insights and make decisions.
• Updates: Update the model quickly and run scenarios in response to changing assumptions and/or deal structure (i.e. instrument mix, pricing and duration).

With Fontics, you get both robustness and speed without any trade off. This opens up a new world of possibilities for financial modeling.

Over 80% of models contain errors

The likelihood of errors increase in models as you make many changes, update scenarios, add manual plugs, run what-if analysis, and share it will others who continue to make changes...

Fontics reduces the likelihood of errors by eliminating unnecessary toggles and manual plugs. It runs calculations on new sheets and leaves the original model untouched. Also, you can run what-if analysis on any cell (including formula cells) which reduces the risk of static value errors.

A spaghetti appears

A "spaghetti model" is complex, has many sheets, manual plugs, and always fragile. It comes from a build up of many manual plugs and sporadic updates to the model. There is little incentive to fix it since it requires a lot of time and effort.

We have good news for you... Fontics can work on any model, irrespective of its size or complexity and shines particularly with spaghetti models - helping with visualizations, highlighting constants, errors and auditing formulas in seconds.

Fontics works independent of the model structure which enables you to still create investment committee ready outputs from spaghetti models or legacy (and unlocking hidden alpha).

Engineer vs Pilot - one coin, two sides

Financial Modeling can be split into two phases:

• Build Phase (The Engineer): The Engineer (typically the Analyst) translates the business problem into an Excel model.
• Application Phase (The Pilot): The Pilot (typically the Associate, VP et al) uses the model to analyze the business problem, update assumptions and make decisions.

You build a model once, but you run it many times. Its roughly a 40:60 split between the Engineer [Build Once] and the Pilot [Run Many Times]. Fontics enables you to run the model 10x faster.

Google Maps works with any car

In mature firms, you do not rebuild every model from scratch. You typically have standard models for DCF, LBO, M&A, Restructuring, Real Estate, Project Finance et al and use this as a baseline for new deals. Let's assume each model type is a car.

In this context, Fontics works like Google Maps, it works on any car. Fontics integrates with any model instantly, just like Google Maps integrates seamlessly with any car.

New dog can learn old tricks too!

An experienced driver can immediately sense when a car has a glitch. An experienced investment professional can sense when model outputs are off the mark. This comes from understanding the input/output behaviour of various models and industries honed over years of experience.

Fontics helps you understand the behaviour of models in seconds, amplifying the skill of experienced investment professionals while enabling newbies to ramp up quickly.

A new world awaits...

The typical deal review cycle is 2 to 4 days. It typically starts with a prompt from an associate or VP to update some assumptions and run scenarios. This sets off a domino of iterations, Excel updates, Powerpoint updates, meetings et al.

You can compress the review cycle from 2 to 4 days to 2 to 4 hours by running a live request-update-review cycle and only update the Powerpoint slide after the final iteration. This is possible because Fontics modules run in seconds, provides output charts and visualizations which accelerate reviews and updates, and reduces hours of work to minutes.

With Fontics, you can understand, review, update and run scenarios on any model within 15 minutes irrespective of its size or complexity.

At the speed of, wait for it... a Ferrari

Over 85% of modules run in less than 5 seconds... and output data and charts are formatted automatically.

Democratizing Monte Carlo

Monte Carlo Simulations quantify uncertainty and predict outcomes and are a powerful tool in finance for risk management and probability-based scenario analysis. Other proprietary tools cost over $2,000/yr and have a steep learning curve.

Fontics simplifies Monte Carlo Simulations by embedding it right in your Excel sheets without any additional changes. It is included in all plans at no additional cost and incorporates 21 distributions similar to Oracle Crystal Ball.

But AI will have your lunch

While AI excels at Data Analysis, Financial Modeling requires precision and deterministic calculations (which AI struggles with since it occasionally hallucinates).

Calculations in Fontics are 100% deterministic, verifiable and reproducible. In addition, Fontics is compatible with any AI-for-Excel tool and can review and validate AI-generated models in seconds.

Where do we go from here?

The global economy is held together by millions of Excel sheets, driving trillions of dollars in value yearly. Building robust models requires craftmanship.

Fontics elevates craftmanship in Excel and releases the alpha locked up in spaghetti and legacy models.

Erhm... and one more thing

When you find a great thing, you share it with your friends. Spread the word, deliver more value to your clients, reduce spreadsheet errors and create more good in the world ... and it always an amazing thing to help the analysts save up to 3 hrs/day and get home on time for dinner!

We look forward to hearing about the amazing things you build with Fontics!