11/21/2019 Monarch Pro Version 10.5
Whereas most applications produce Reports as output, Monarch uses Reports as input. For this video, we will take a look at the Report interface and its basic functions. To start working with. Monarch is a desktop report mining tool used to extract data from human readable report files, such as text, Excel, PDF, XPS and HTML.The first version of Monarch was released in 1990 for DOS with 'Monarch for Windows' released in 1994. Jul 24, 2017 Monarch is a desktop-based self-service data preparation solution that streamlines reporting and analytics processes. Its the fastest and easiest way to extract data from any source including turning unstructured data like PDFs and text files into rows and columns then clean, transform, blend and enrich that data in an interface free of coding and scripting.
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I Can Do Anything
Years ago we needed a solution that would take fixed width ASCII files and convert them into usable fields. We started on v9 and have been using it ever since. The issue we had is that our vendor would charge a lot for custom reports, but all the standard reports they gave us had the information we wanted, but we needed either calculations performed on certain fields or the data presented in another format. We were able to create models and apply them to these reports and capture exactly what we needed and manipulate it to what my Board wanted to see. On top of this, they purchased Panopticon, and now we're able to visualize the data.
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Monarch Pro 11
Pros: It's so versatile. I use it to normalize data exported from various sources so that I can make apples to apples comparisons for reconciliation and identification. It's a tremendous help to me. My description above is speaking to the fact that my first use of Monarch Complete was to develop a process to create a data table of custodian cost basis data concatenating data from 20 separate proprietary text files into a single table so that I could compare it to the same data from our portfolio accounting system - to reconcile cost basis or our clients' eligible investment accounts. Incorporating Monarch Complete into my process, I reduced a manual process that took over 2 hours to complete down to about 10 minutes - and then I was able to use Excel to reconcile the cost basis and determine all out of balance issues and report them for resolution - thereby concluding my cost basis project. During the development stage in Monarch, I saved workspaces related to this process, which allows me to then duplicate the process, I just have to change the source file name and it's done.
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