Earlier quoted context omitted.
I used to work for Deutsche Bank. All financially modeling ran through Excel, though admittedly a massive C++ library that is a big Excel macro plugin. These sheets get massive and there are a few clusters of blades that do nothing but run Excel macros day and night. But why is this madness? It works for them . The iBanking world is the madness. You can put in place effective change controls and auditing with any sys…
Coincidentally, so did I. I agree with you 100%. iBankers use Excel because it does what they want. One of the main reasons I left was because I got tired of trying to re-invent the excel wheel with every piece of software. There was always an inherent lack of trust that any UI was "doing it properly," so we always had to add the failsafe of export to CSV so people could do it themselves in Excel. Mind-boggling ineff…
If they can expert it to Excel, then they can do whatever simple data analysis they just made up. No reason to wait for IT to implement whatever stats they are curious about, order it in some new way or whatever. Doing those things in excel is very fast and they get to have complete control over it.
Even if they only color cells and rows depending on some ad-hoc rule that will never be used again, excel still added them a lot of value.
Plus, I would pay gold for users that actually test system before relying on it. There is always shortage of testers and if the customer would do some of it, he deserves a discount.