QUANTOS has particular experience in the application of nowcasting and forecasting methods. In general, casting techniques are used to estimate and predict certain values in the sort (nowcasting) or the long future (forecasting). Those techniques are traditionally applied in natural sciences (eg: meteorology) however, in latest decades they are also used in official statistics. Estimations based on nowcasting techniques are produced when data is not available for a certain time interval. Other fields of application are banking, finance and insurance.
QUANTOS has extensive experience in nowcasting and forecasting applications in official statistics and the banking sector.