Audience

Risk Management platform for organizations seeking a solution to manage their operations

About ModelRisk

ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields.

Pricing

Free Trial:
Free Trial available.

Integrations

No integrations listed.

Ratings/Reviews

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features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Company Information

Vose Software
Belgium
www.vosesoftware.com/products/modelrisk/

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Product Details

Platforms Supported
Windows
Training
Documentation
Live Online
Support
Phone Support
Online

ModelRisk Frequently Asked Questions

Q: What kinds of users and organization types does ModelRisk work with?
Q: What languages does ModelRisk support in their product?
Q: What kind of support options does ModelRisk offer?
Q: What type of training does ModelRisk provide?
Q: Does ModelRisk offer a free trial?

ModelRisk Product Features

Risk Management

Risk Assessment Supported
Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Not Supported
Exceptions Management Not Supported
IT Risk Management Not Supported
Internal Controls Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported

ModelRisk Additional Categories