Corality: Our guiding themes for world-class financial modelling

Accessible

Excel can be readily understood by an interested party if presented clearly and structured in a human-readable format. The Corality financial modelling standard aims to design models that can be used, read and understood by the end user, including the details of the calculations.

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A foundation for world-class financial models

Responsive

We expect our models to be used live and support dynamic situations such as transactions, presentations and decision making. Use the right functions and functionality to keep the model nimble and structure to give fast feedback to the user.

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A foundation for world-class financial models

Tailored to End User

You can’t build a model based on a short description – empathy is needed. Make the model resonate with the end user through understanding their needs and experience.

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A foundation for world-class financial models

Keep it simple

A model should do what is required of it and no more. Additional complexity and functionality just creates clutter that interferes with the user experience. Design the model to do what is required using the least functionality possible.

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A foundation for world-class financial models

Get it right

A model is never right but is sometimes useful. However, models can certainly be wrong and our techniques help to ensure models are as close to the truth as possible and communicate problems clearly and as soon as they arise.

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A foundation for world-class financial models

Allow for change

A great strength and curse of Excel is that it is easy to change, not just by specialist developers but also by any interested parties. Times and circumstances change. Rather than second-guess the future in our models with excessive optionality – which brings complexity and reduces ease of use – we build precisely what is required now, but structure models in such a way that the model can be easily adapted in future.

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Corality is dedicated to exceptional financial modelling. As part of our commitment to raising the bar in financial modelling, we want to ensure the financial modelling community is kept up to date with the latest events, tips, techniques and training.

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