PwCHaarlem, The Netherlands (April 16, 2013) – The Dutch advisory part of professional services firm PwC has signed a partnership agreement with Paragon Decision Technology, the developers of AIMMS.

In AIMMS, the Quantitative Analysis department of PwC builds custom-made decision support software for clients to improve their executive decision making and to retrieve more value out of their assets.

For PwC’s client base, spread over various industries such as finance, real estate, insurance and mobility, the massive amounts of financial and operational data are organized in AIMMS to provide insight in their complex business. In dashboard-like applications, managers can evaluate different alternatives and base their decisions on (financially underpinned) facts. Stacks of Excel sheets are replaced by one flexible AIMMS based model with a graphical, user-friendly interface.

According to Jacques Swart, Director Quantitative Analysis at PwC and part-time Professor at Nyenrode Business University: “For controllers simple data analysis is not enough in today’s complex business environment. A ‘strong controller’ is managing the whole spectrum ranging from advisor to the management with sharp fact-based recommendations, to accountant applying advanced data-analysis. With our AIMMS based models we provide the technology for this. Our clients get the business advantage of insight how to get most out of their assets and base their strategy on fact-based analysis.”

Christophe Frere, VP EMEA of Paragon Decision Technology adds: “Also in the financial business, we see more and more companies moving beyond management by spreadsheet by applying advanced data-analysis to get business insight.”

Examples of AIMMS applications built by PwC include: strategic employee planning models for various professional organizations, hedge accounting software for several Dutch banks and business decision models for the health care industry.

About PwC Netherlands

At PwC in the Netherlands over 4,600 people work together from 12 offices. PwC Netherlands helps organizations and individuals create the value they’re looking for. We’re a member of the PwC network of firms in 158 countries with more than 180,000 people. We’re committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.nl.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

About AIMMS and Paragon Decision Technology

Paragon Decision Technology is an innovative technology company with offices in The Netherlands, Seattle (US), Singapore and Shanghai. For over 20 years, Paragon has been developing and selling AIMMS, a unique mathematical optimization platform. AIMMS customers can create optimization engines and solutions that enable optimal decision making on complex strategic, tactical or operational problems. www.aimms.com

Media Contact:
Tanya Van Kirk, Marketing Manager, Paragon Decision Technology
tanya.van.kirk@aimms.com, +31 023 5511 512