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Read the FAQs to find out about the awards process and criteria
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2020 Financial Modelling Innovation Awards
Recognising innovative approaches in financial modelling
Every major project and deal is underpinned by a financial model. Models give insight and help drive value. As the world changes so models change to keep up and modellers have to develop new approaches and new solutions. These awards were created to recognise new ideas and innovators in the dynamic field of financial modelling.
Recognition for what you achieved, not just how you achieved it.
Effective financial modelling drives value in all areas of the economy. Did your approach to modelling help a client bring a new product to market? Win a bid? Raise capital? We are interested in the innovative "real world" outcomes that your modelling enabled as well as innovative solutions you have found to the problems of modelling.
Profiling you as a leader in your field
We will produce a series of short films profiling each of the 2020 finalists, securing their profile and reputation as leaders and innovators in the field of modelling.
Judged by Industry experts
Our judges are all leaders in the field of financial modelling. They are all committed to the development and professionalisation of modelling and to seeing an increase in knowledge sharing and professional development among modellers.
Open to individuals and teams
We are open to applications from individuals and from companies or teams. You can nominate yourself, your team, or another person who you think is worthy of recognition within the modelling community.
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Register to keep up with award news and be informed when applications are open in early 2020.
Senior Departmental Fellow, University of Cambridge
Inventor of 'Real Estate Financial Modelling' as a subject in its own right. Natalie has dedicated the last two decades to advancing the skill within the sector, via Bayfield Training and Cambridge University.
Partner, Deals Modelling, PwC Australia
WIth over 18 years as a professional financial modeller, Ian leads PwC Australia's Deals Modelling team and is a globally recognised financial modelling expert. He has developed and reviewed the models that have supported major transactions around the world and has recently developed a technology agnostic approach to financial modelling and a range of analytical modelling review services.
Danielle Stein Fairhurst
Financial Modeller, Author, Corporate Trainer
Danielle Stein Fairhurst is regularly engaged as a speaker, course facilitator, financial modelling consultant and analyst. She founded the Financial Modellers’ Meetup groups which now have over 5,000 members in seven countries as well as a LinkedIn forum with more than 40,000 members.
Investment Manager, Kiwi Group Holding
Fiona Foster has provided financial modelling consulting and corporate finance advisory to clients in New Zealand, the USA and the UK. Most recently she spent 3 years in New York, helping to build out PwC's financial modelling and data analysis capabilities in the USA. She has developed and led financial modelling training with clients and internal teams and is a member of ModelOff's Diversity Council, aimed at improving diversity within the financial modeling industry.
Partner & CTO, Gridlines
Iain started developing financial models in the mid-1990s. He has developed deep expertise in the energy sector and in economic regulation, in both private and public sectors.
Iain has degrees in mathematics from Cambridge and the London School of Economics. He has published on machine learning, data analysis and modelling.
Founder & CEO, Model Citizn
Lance is a highly innovative, commercially savvy and lateral thinking financial modeller. His ability to distill complex financial problems into meaningful insight led him to founding Model Citizn.
He is an ex-Investment Banker and KPMG modeller, CFO of fintech lender Banjo and Group CFO for Sequel CFO and is touring the world on the Future of Financial Modelling.
Sponsors and Partners
We're grateful for the support of these companies:
Award founder & co-sponsor
Gridlines specialise in cutting edge financial modelling for project finance, infrastructure and corporate planning. They provide financial modelling training and are developing the next generation of financial modelling software tools.
Globel Excel Summit
The Global Excel Summit is the biggest gathering of Excel professionals in the world. It's a 2 day event featuring many of the leaders in excel and financial modelling. The 2020 Financial Modelling Innovation Awards will be presented at a dedicated ceremony taking place at the summit.
ModelOff is the world’s largest professional competition for Microsoft Excel, Financial Analysis, Investment Analysis and Financial Modeling. The annual international competition attracts thousands of leading professionals and students from more than 100 countries.
Frequently Asked Questions
What is the purpose of this award?
Financial Modelling is changing. This award was established to highlight and celebrate new innovative approaches to financial modelling. All of the sponsors and judges recognise those who are pushing the boundaries in this exciting and dynamic, but often under-recognised field. The judges are all giving their time without payment because they believe in the development of the field of financial modelling.
What are the judging criteria?
The panel of judges will be looking at 3 things:
1. How useful / applicable is the innovation to the financial modelling profession? Can this innovation be easily and obviously applied by modellers.
2. How truly new & innovative is this?
3. How does this serve to progress financial modelling as a profession?
Is this just a competition for Excel add-ins?
No. Any new approach, idea, technology or solution can be considered for the award if it relates to financial modelling. These could include (but is not limited to):
How do I apply?
Nominate an individual, or a company, for an award here.
If you are nominating an individual, you must have their permission. As part of the nomination process we will request their contact details and will contact them and you in the event that they are shortlisted.
If you are nominating a company, you must have permission from a suitably authorised person within that company.
Do I have to share my model with you?
One of the purposes of the awards is to share innovative thinking for the benefit of the whole modelling community.
If you want to enter an innovative solution to a modelling problem, or a useful excel add-in that makes modelling more effective, you will need to be open to it being shared with the modelling community.
To the extent that it's not possible to share the product / solution directly, we are open to you sharing an explainer video about the innovation. If the innovation is intangible, for example a new approach to training, we will look for supporting statements from those who have benefited.
Is the award open to individuals or companies?
Can I nominate myself?
Can I nominate more than one person?
You can nominate as many people as you want.
When will the winners be announced?
The winner will be announced at a special ceremony at the Global Excel Summit in April in London.
The winning individual or company will be featured and promoted at the Summit and through our media partners. We will make a short film about the winner that will be promoted widely to the financial modelling community.
Who is running the awards and handling my data?
You will not receive any marketing information from Gridlines that is not related to the Financial Modelling Awards awards unless you have specifically given consent elsewhere.
Gridlines will act as Data Controller in accordance with the provisions of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regards to the processing of personal data and on the free movement of such data, known as General Data Protection Regulation (GDPR)