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.

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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
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management

ModelRisk Additional Categories