Quantrix Development Kit – An Enterprise Platform to Develop Custom Applications

Quantrix has released the Quantrix Development Kit, a modular platform that can enable firms to develop customized business and finance modeling applications that are rather more flexible, scalable, and strong than traditional spreadsheet and business intelligence-based systems, while seriously reducing the time, effort, and cost linked with development. With QDK, setups can better allot business and technical resources. Business users outline the model and logic, even though it manages the workflows, integration points, and application security that enable secure partnership. End users access these tailored applications through custom interface like a thin customer or Quantrix Modeler, a desktop business modeling and analytics (BMA) software solution that can enable finance and business planners to grasp the impact of calls through multi-dimensional modeling and visualizations.
"QDK enables businesses to develop enterprise-wide, collaborative applications that are far more flexible and reliable than spreadsheets, while far less difficult to build, deploy, and use than BI or planning tools," claims Robert Kugel, CFA, SVP of research, Ventana Research. "Using Quantrix, companies have developed model-based solutions that are more detailed and tailored to their specific requirements in a fraction of the time, with far fewer people. Companies that do even moderately complex business planning and analysis should look into Quantrix."
QDK provides numerous business benefits, including the facility to develop cooperative, server-based enterprise-wide applications that may be accessed on the desktop or thru thin-client control panel. It also enables business users to swiftly change, extend, and evolve the business planning processes to meet the requirements of fast-changing business environments. It uses business and IT human resources as well as company information assets and data warehouses in a better way. It replaces error-prone and limited spreadsheets with a flexible and dynamic, and scalable modeling and analytics platform.
QDK provides several technical benefits, which include strong performance and centralized access of a server-side solution along with improved API integration, modularity, with each plug in publishing its own API. It has a plug in design according to OSGI standards and an Eclipse-standard development environment.
"QDK enables businesses to find the sweet spot between the limits of spreadsheets and the complexity of enterprise BI and planning toolsets," says Chris Houle, CEO, Quantrix. "Business users are empowered to build and maintain models with plain-language business logic, while freeing IT to focus on deploying and managing a customized application that offers the flexibility, scalability, and business insight that the company needs to improve performance."
Quantrix Modeler's multidimensional business modeling and analytics software enables financial professionals to become independent from the limitations of spreadsheet technology to quickly develop financial models of the highest integrity, suppleness, and transparency.