Established in 2008, and headquartered in Chicago, Spider Financial provides analytical and statistical software tools and services for securities trading, risk management, and financial operations. Our core mission is to enhance Microsoft Excel’s analytical capabilities with sophisticated econometric functions that cater to the needs of finance professionals and academics around the world. Our core offering, NumXL, was born out of a need for a powerful, yet simple tool for analyzing time series models. For that, we’ve designed an intuitive user interface with the client’s experience as our main focus. In addition to the simple user interface, our focus on providing the best possible experience for our clients has led us to offer a plethora of resources to support your use of our software. This includes video tutorials, documentation, and in-house support staff who are always an email or phone call away.
NumXL – Spider Financial’s flagship product – has been a critical analytical and forecasting tool for professionals, corporations, academics, and students. Our clients include:
Our ease of use, flexibility, and integration with Microsoft Excel, as well as a wide range of other available tools, allow analysts in a wide range of industries to use NumXL for tasks such as macroeconomic forecasting, time series analysis, estimating demand, and more.
An intuitive graphical user interface makes NumXL the perfect teaching tool. Students can quickly learn how to import data, run regressions, and view graphical results, allowing professors more time to teach statistics and econometrics rather than how to use the software.
Government / Non-Profits
Numerous government agencies and non-profit organizations trust our software.
The company was established and is managed by Mohamad El-Bawab, a University of Chicago MBA graduate and technology and financial engineering veteran with over 20 years of experience in the sector.