DCS offers expert economic and market models to our public and private sector clients across the cores sectors that we focus on, including infrastructure, energy & utilities, oil & gas, industrials and real estate sectors. Economic and market modeling services are typically integral component our economic & market studies, project feasibility advisory and strategic planning services mandates. Furthermore, economic and market models are often required for underlying due diligence elements of our transaction advisory, capital fundraising, tender management, M&A and privatization and valuation services mandates. Our economic and market models are typically utilized by both DCS experts, in fulfilling our specific advisory mandates as well as by our clients for ongoing analytical and forecasting purposes. In all cases, our economic and market models are custom-built from the bottom-up, and specifically tailored to our client's specific needs under a client mandate.
An economic model is a model that develops specific macroeconomic and microeconomic forecasts and projections within local, national, regional or global economies or markets that may be relevant within our client's sector and market focus. Our economic models develop forecasts of macroeconomic variables such as interest rates, inflation, currency exchange rates and commodity prices; and microeconomic variables such as consumer demand and price elasticities of demand, substitution, opportunity costs and related forecasts. Related to economic models, we develop market models, which forecast over all consumer numbers (based on demographic models), demand, unit pricing and expenditures within the particular market and sector focus of our client. Together, we use our economic and market models for the purpose of creating economic & market studies and project feasibility studies.
Within each of our core sectors, the following are provides a more detailed description of some of the specific types of economic and market models that we develop within our sectoral focus areas.
We individually custom-build each and every one of our economic and market models using standard Microsoft® Excel® software in a the most user-friendly manner possible. We provide a user manual and in-model user instructions for most of our client models. Our objective is to create a model that can, in many cases, be handed over to the client and operated by the client's own staff (in some cases for many years). After our model is in our client's hands we can provide ongoing services such as model training & capacity building workshops for client staff, model maintenance and update services and support and specific modeling analysis utilizing the client's model, as may be requested by the client.
In addition to developing, updating and maintaining our own economic and market models for our client advisory mandates, we also provide model review and audit services of financial models produced by our clients or by another third-party model developer on behalf of our client. Model review and auditing services are often required by our clients (as an independent review or audit) in other transactions that DCS is not a party to.
DCS advisors are able to provide economic and market modeling services on a stand-alone basis on behalf of public and private sector clients who have mandated us to provide economic & market studies, project feasibility advisory or strategic planning services. In most cases, as economic and market modeling services will be only one element of a larger project delivery program, DCS will also be providing other complementary analytical services in relation to other transaction elements. Our preference is always to provide such comprehensive advisory services and coordinate all elements of the transaction, including economic and market modeling services on behalf of our clients.
Under any economic and market modeling services mandate, DCS will draw from our vast global network of veteran industry expert advisor affiliates and our relationship consultants in order to assemble the most appropriate team to match the specific needs of the transaction at hand. This will always include leadership of DCS affiliate experts who possess decades of global transactional experience related to the specific sector and transaction type. In any economic and market modeling services mandate, our preferred role is always to serve as the lead project/program manager. Within this role we are also able to assist in the selection and procurement (or subcontracting) and management of other advisors, including local and international technical, economics and other specialized advisors or other specialized advisors, as the specific transaction may require. To the extent that other third-party advisors are required, there are many value added advantages of allowing DCS to assist in the procurement of these advisors. First, DCS expert affiliates themselves possess many of required technical, economics and managerial skill sets and we are best positioned to determine which additional outside third-party skill sets are required and which firms or individuals should be hired in these roles. Secondly, financial modeling is a very complex undertaking, requiring the management and coordination of many simultaneous workstreams. DCS advisors are experts inproject and program management services and are ideally suited to manage and coordinate a multi-dimensional advisory team most efficiently and effectively.
Complementing our economic and market modeling services, DCS advisors offer the following complementary advisory services that may be applicable, dependent on the specific needs of our client.
DCS experts provide comprehensive economic and market modeling services in the following sectors that we specialize in. Please click on the below links to learn more about the sectors that we cover:
DCS experts provide comprehensive economic and market modeling services to the following categories of clients: