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Washington, DC – December 1, 2001.
Raedel announced the release of RelativeValuation, the flagship product of Raedel.
Over the past decade the quantity of data available to decision-makers has increased exponentially, and continues to do so at an accelerating rate. The development of tools to change data into meaningful knowledge, however, has not kept pace. Raedel Financial Solutions, (Raedel) was formed by very experienced business executives, with substantial expertise in financial forecasting and knowledge management, to focus on the development of tools which can transform financial data into clear and usable knowledge.
The company’s first product, RelativeValuation, cuts across all sector boundaries and addresses the needs of both the companies, and the organizations that analyze, recommend or invest in these organizations.
RelativeValuation is a web based set of financial tools which utilizes data bases of public information to perform financial forecasts for all companies in an industry or sector in order to enable decision makers to easily and quickly evaluate, assess, test and finalize informed decisions. The concept of transforming Data-to-Knowledge is central to the Raedel philosophy for all current and ongoing product development efforts. RelativeValuation produces answers to "what if" questions for corporate decision-makers within minutes as opposed to traditional timeframes of days or weeks. Board meetings can have real-time discussions and decision-making sessions and not be subject to delays, which in many cases may move the answer and decision beyond the realm of usefulness.
Numerous new factors are now influencing how Corporate America controls its operations, reports it financial health, views itself in its macro-universe, and responds to change. The landscape viewed by today’s corporate leaders has shifted from the stable, predictable and comfortable environment of the last decade to one which is technology driven, increasingly competitive, shareholder empowered, volatile, brutally scrutinized with the benefit of 20/20 hindsight vision, demanding of clear and understandable reporting, and expectant of instant response.
Raedel developed RelativeValuation to fill the need of Corporate America for innovative management tools that will assist the corporation and its shareholders to flourish in this new environment.
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