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XL2J Overview The typical XL2J
customer, an investment bank, uses thousands of Excel spreadsheets to
represent trading models, pricing equations, or historical financial data.
While Excel provides an easy interface for creating these spreadsheets, it
also introduces some problems: Scenario 1: Sharing complex data inside a large organization. In many financial institutions, Excel spreadsheets are a major repository of historical trading data. To manage risk across trading desks, many banks need a centralized mechanism for different groups to access this data. Scenario 2: Exposing calculators for outside customers. Bank customers often want access to spreadsheet calculations, but the Excel implementations contain proprietary equations that cannot be shared externally. The ideal solution would be to Web-enable the calculators or the data stored in these spreadsheets. Translating Excel spreadsheets into web applications would allow clients to access financial models without compromising the confidentiality of the underlying implementation. It would also allow IT systems to access data in decentralized spreadsheets using open standards such as XML or J2EE. However, to realize these benefits would normally require Java programming -- a skill that is costly and in short supply. The XL2J solution. XL2J combines the ease of Excel and Visual Basic with the openness, security, and flexibility of Java. XL2J enables an Excel programmer to create, debug, and deploy complicated Java systems from the familiar Excel environment. The XL2J software automatically converts complex Excel and VBA applications into faster Java objects. This system fundamentally improves programmer productivity in financial instituations. Traditional Excel programmers can now expose their Excel/VBA programs via Web interfaces without learning the complexity of the new open standards of Java, J2EE, or XML. Benefits:
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