About Us

The FrogFormTM document conversion service is owned and operated by Numerator LLC, an operationally-funded, privately-owned firm based in New York.


From little things, big things grow. Numerator commenced operations in March 2003, in the apartment of its founder Steve Lander. Bank analysis was published for hedge and mutual funds, using Steve’s expertise of 15 years as a securities analyst. Free cash flow was applied to building out services to clientele. An obvious opportunity was to radically improve the Fed’s own representation of its bank regulatory data.


From 2006, numerator’s development team advanced to address solutions to two pressing and unsolved issues for investors, one downstream from data provision, one upstream.


Downstream opportunity: The investment industry had standardized bank data but no standardized process to forecast bank earnings and accounts. Numerator saw opportunity to create a forecasting model (‘nuFed forecasting’) applicable to every bank operative in the US. This model would employ US bank regulatory data and represent extrapolation of FRY9C statistics, using client-set parameters.

Results would be comprehensive, plug-free and highly accurate when back-tested over time. And results would be available to clients after just 10 minutes of client input.


Upstream opportunity: The investment industry re-keyed data from SEC filings and had no standard process to convert PDF documents available on company websites (commonly hours before provision via the SEC website). Numerator saw opportunity to create a high-volume document converter (‘the FrogForm service’). This would specialize in PDF-to-Excel conversion (across many languages) and equally apply to all other human-readable, machine-unreadable file types (unformatted text files, webpages).


In 2009, both solutions —nuFed forecasting and the FrogForm service have been built to plan and are ready to serve customers pressing for their standardized solutions. All numerator solutions are owned and operated by Numerator and its team of 8 dedicated professionals. Numerator is operationally funded, privately owned and exists to enable decisions of executives with high standards and little time.