---
title: (Un)Calculated Risk | by Peter Orr of Intuitive Analytics | workflow | Intuitive Analytics
description: workflow | by Peter Orr of Intuitive Analytics
---

# (Un)Calculated Risk | by Peter Orr of Intuitive Analytics

## [Financial Software: Top 10 Reasons Why a Database Kicks a Spreadsheet’s Butt](https://www.intuitive-analytics.com/blog/bid/26889/Financial-Software-Top-10-Reasons-Why-a-Database-Kicks-a-Spreadsheet-s-Butt)

 Posted by Peter Orr on Jul 16, 2010

I’ve always believed there are actually three certainties in life (in contrast to the far less archetypal two): death, taxes, and finance people’ love of spreadsheets.  Spreadsheets are excellent for doing certain types of work given their flexibility. Though frankly, these “electronic chalkboards” as their inventors called them are simply not the right medium for others. For instance, heavy duty simulation based number crunching and optimization shouldn’t be done on a chalkboard, electronic or otherwise. The memory management and numerics simply aren’t suitably industrial strength for big jobs like that. As a data store the spreadsheet also has drawbacks.  Sure it’s flexible and easy to add new bits, but that same flexibility is a problem when it comes to compatibility and consistency, virtues in and of themselves.

[Read More](https://www.intuitive-analytics.com/blog/bid/26889/Financial-Software-Top-10-Reasons-Why-a-Database-Kicks-a-Spreadsheet-s-Butt)

 Topics: [Financial Software](https://www.intuitive-analytics.com/blog/topic/financial-software), [database](https://www.intuitive-analytics.com/blog/topic/database), [business process](https://www.intuitive-analytics.com/blog/topic/business-process), [workflow](https://www.intuitive-analytics.com/blog/topic/workflow)

[All posts](https://www.intuitive-analytics.com/blog/all)

### Subscribe to our Articles

### Browse by Tag **

- [public finance (17)](https://www.intuitive-analytics.com/blog/topic/public-finance)
- [refunding (15)](https://www.intuitive-analytics.com/blog/topic/refunding)
- [public finance analytics (14)](https://www.intuitive-analytics.com/blog/topic/public-finance-analytics)
- [Financial Decisions (13)](https://www.intuitive-analytics.com/blog/topic/financial-decisions)
- [advance refunding (13)](https://www.intuitive-analytics.com/blog/topic/advance-refunding)
- [bond option (13)](https://www.intuitive-analytics.com/blog/topic/bond-option)
- [public finance software (12)](https://www.intuitive-analytics.com/blog/topic/public-finance-software)
- [call option (11)](https://www.intuitive-analytics.com/blog/topic/call-option)
- [interest rate model (9)](https://www.intuitive-analytics.com/blog/topic/interest-rate-model)
- [municipal finance software (9)](https://www.intuitive-analytics.com/blog/topic/municipal-finance-software)
- [SIFMA (8)](https://www.intuitive-analytics.com/blog/topic/sifma)
- [Financial Models (7)](https://www.intuitive-analytics.com/blog/topic/financial-models)
- [debt structuring (7)](https://www.intuitive-analytics.com/blog/topic/debt-structuring)
- [yield curve modeling (7)](https://www.intuitive-analytics.com/blog/topic/yield-curve-modeling)
- [decision support (6)](https://www.intuitive-analytics.com/blog/topic/decision-support)
- [financial analysis (6)](https://www.intuitive-analytics.com/blog/topic/financial-analysis)
- [financial model (6)](https://www.intuitive-analytics.com/blog/topic/financial-model)
- [libor (6)](https://www.intuitive-analytics.com/blog/topic/libor)
- [refunding efficiency (6)](https://www.intuitive-analytics.com/blog/topic/refunding-efficiency)
- [Finance Professionals (5)](https://www.intuitive-analytics.com/blog/topic/finance-professionals)
- [bond sizing (5)](https://www.intuitive-analytics.com/blog/topic/bond-sizing)
- [financial economy (5)](https://www.intuitive-analytics.com/blog/topic/financial-economy)
- [financial forecasting (5)](https://www.intuitive-analytics.com/blog/topic/financial-forecasting)
- [municipal swaps (5)](https://www.intuitive-analytics.com/blog/topic/municipal-swaps)
- [swaps (5)](https://www.intuitive-analytics.com/blog/topic/swaps)
- [tax-exempt financing (5)](https://www.intuitive-analytics.com/blog/topic/tax-exempt-financing)
- [Financial Software (4)](https://www.intuitive-analytics.com/blog/topic/financial-software)
- [Financial Technology (4)](https://www.intuitive-analytics.com/blog/topic/financial-technology)
- [Wall Street (4)](https://www.intuitive-analytics.com/blog/topic/wall-street)
- [callable bonds (4)](https://www.intuitive-analytics.com/blog/topic/callable-bonds)
- [refunding adjusted yield (4)](https://www.intuitive-analytics.com/blog/topic/refunding-adjusted-yield)
- [risk in finance (4)](https://www.intuitive-analytics.com/blog/topic/risk-in-finance)
- [tax risk (4)](https://www.intuitive-analytics.com/blog/topic/tax-risk)
- [Financial Engineers (3)](https://www.intuitive-analytics.com/blog/topic/financial-engineers)
- [Intuitive Analytics (3)](https://www.intuitive-analytics.com/blog/topic/intuitive-analytics)
- [Risk Management (3)](https://www.intuitive-analytics.com/blog/topic/risk-management)
- [SIFMA/LIBOR (3)](https://www.intuitive-analytics.com/blog/topic/sifmalibor)
- [SIFMA/LIBOR ratios (3)](https://www.intuitive-analytics.com/blog/topic/sifmalibor-ratios)
- [Spreadsheets (3)](https://www.intuitive-analytics.com/blog/topic/spreadsheets)
- [business process (3)](https://www.intuitive-analytics.com/blog/topic/business-process)
- [debt profiling (3)](https://www.intuitive-analytics.com/blog/topic/debt-profiling)
- [hedging (3)](https://www.intuitive-analytics.com/blog/topic/hedging)
- [monte carlo (3)](https://www.intuitive-analytics.com/blog/topic/monte-carlo)
- [press (3)](https://www.intuitive-analytics.com/blog/topic/press)
- [pv savings (3)](https://www.intuitive-analytics.com/blog/topic/pv-savings)
- [refundings (3)](https://www.intuitive-analytics.com/blog/topic/refundings)
- [variable rate (3)](https://www.intuitive-analytics.com/blog/topic/variable-rate)
- [BABs (2)](https://www.intuitive-analytics.com/blog/topic/babs)
- [Behavioral Finance (2)](https://www.intuitive-analytics.com/blog/topic/behavioral-finance)
- [CFaR (2)](https://www.intuitive-analytics.com/blog/topic/cfar)
- [Economist (2)](https://www.intuitive-analytics.com/blog/topic/economist)
- [Financial Services (2)](https://www.intuitive-analytics.com/blog/topic/financial-services)
- [Fischer Black (2)](https://www.intuitive-analytics.com/blog/topic/fischer-black)
- [Investment Banks (2)](https://www.intuitive-analytics.com/blog/topic/investment-banks)
- [Risk Metrics (2)](https://www.intuitive-analytics.com/blog/topic/risk-metrics)
- [Tax and Accounting Issues (2)](https://www.intuitive-analytics.com/blog/topic/tax-and-accounting-issues)
- [build america bonds (2)](https://www.intuitive-analytics.com/blog/topic/build-america-bonds)
- [cash flow at risk (2)](https://www.intuitive-analytics.com/blog/topic/cash-flow-at-risk)
- [database (2)](https://www.intuitive-analytics.com/blog/topic/database)
- [debt service chart (2)](https://www.intuitive-analytics.com/blog/topic/debt-service-chart)
- [financial risk (2)](https://www.intuitive-analytics.com/blog/topic/financial-risk)
- [linear algebra (2)](https://www.intuitive-analytics.com/blog/topic/linear-algebra)
- [muni (2)](https://www.intuitive-analytics.com/blog/topic/muni)
- [municipal default (2)](https://www.intuitive-analytics.com/blog/topic/municipal-default)
- [municipal investor (2)](https://www.intuitive-analytics.com/blog/topic/municipal-investor)
- [probability (2)](https://www.intuitive-analytics.com/blog/topic/probability)
- [public finance marketing (2)](https://www.intuitive-analytics.com/blog/topic/public-finance-marketing)
- [variable rate bonds (2)](https://www.intuitive-analytics.com/blog/topic/variable-rate-bonds)
- [(Un)Calculated Risk (1)](https://www.intuitive-analytics.com/blog/topic/uncalculated-risk)
- [Financial Management (1)](https://www.intuitive-analytics.com/blog/topic/financial-management)
- [Intellectual Property (1)](https://www.intuitive-analytics.com/blog/topic/intellectual-property)
- [Maximum Annual Debt Service (MADS) (1)](https://www.intuitive-analytics.com/blog/topic/maximum-annual-debt-service-mads)
- [Organization for Economic and Co-Operation and Dev (1)](https://www.intuitive-analytics.com/blog/topic/organization-for-economic-and-co-operation-and-dev)
- [Peter Orr (1)](https://www.intuitive-analytics.com/blog/topic/peter-orr)
- [SmartModels Stage III (1)](https://www.intuitive-analytics.com/blog/topic/smartmodels-stage-iii)
- [The Program for International Student Assessment ( (1)](https://www.intuitive-analytics.com/blog/topic/the-program-for-international-student-assessment)
- [Treasury Debt (1)](https://www.intuitive-analytics.com/blog/topic/treasury-debt)
- [VaR (1)](https://www.intuitive-analytics.com/blog/topic/var)
- [Weighted Average Life (1)](https://www.intuitive-analytics.com/blog/topic/weighted-average-life)
- [Win Smith (1)](https://www.intuitive-analytics.com/blog/topic/win-smith)
- [credit (1)](https://www.intuitive-analytics.com/blog/topic/credit)
- [cusip (1)](https://www.intuitive-analytics.com/blog/topic/cusip)
- [debt service graph (1)](https://www.intuitive-analytics.com/blog/topic/debt-service-graph)
- [escrow (1)](https://www.intuitive-analytics.com/blog/topic/escrow)
- [future tax rates (1)](https://www.intuitive-analytics.com/blog/topic/future-tax-rates)
- [interest rate markets (1)](https://www.intuitive-analytics.com/blog/topic/interest-rate-markets)
- [libor swaps (1)](https://www.intuitive-analytics.com/blog/topic/libor-swaps)
- [markets (1)](https://www.intuitive-analytics.com/blog/topic/markets)
- [monte carlo method (1)](https://www.intuitive-analytics.com/blog/topic/monte-carlo-method)
- [monte carlo model (1)](https://www.intuitive-analytics.com/blog/topic/monte-carlo-model)
- [municipal data (1)](https://www.intuitive-analytics.com/blog/topic/municipal-data)
- [negative arbitrage (1)](https://www.intuitive-analytics.com/blog/topic/negative-arbitrage)
- [optimization (1)](https://www.intuitive-analytics.com/blog/topic/optimization)
- [smartmodels utilities (1)](https://www.intuitive-analytics.com/blog/topic/smartmodels-utilities)
- [swaps that swallow town (1)](https://www.intuitive-analytics.com/blog/topic/swaps-that-swallow-town)
- [tax policy (1)](https://www.intuitive-analytics.com/blog/topic/tax-policy)
- [workflow (1)](https://www.intuitive-analytics.com/blog/topic/workflow)

[View all +](https://www.intuitive-analytics.com/blog/topic/workflow#blog-sidebar-tags)