Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Innoslate Reviews & Ratings
    86 Ratings
    Company Website
  • GOAT Risk Reviews & Ratings
    67 Ratings
  • Predict360 Reviews & Ratings
    18 Ratings
    Company Website
  • D&B Risk Analytics Reviews & Ratings
    80 Ratings
    Company Website
  • NaviPlan Reviews & Ratings
    Company Website
  • Interfacing Integrated Management System (IMS) Reviews & Ratings
    71 Ratings
    Company Website
  • SBS Financing Platform Reviews & Ratings
    3 Ratings
    Company Website
  • HSI Donesafe Reviews & Ratings
    152 Ratings
    Company Website
  • Orca Security Reviews & Ratings
    522 Ratings
    Company Website
  • TriNet Reviews & Ratings
    802 Ratings
    Company Website

What is ModelRisk?

ModelRisk is an Excel add-in tailored for conducting Monte Carlo simulations, allowing users to integrate uncertainty into their spreadsheet models effectively. Since its launch in 2009, it has become a benchmark for innovation in the field, introducing a variety of technical features related to Monte Carlo techniques that facilitate the development, verification, and evaluation of risk models in a manner that aligns more closely with real-world complexities. By replacing uncertain values in Excel with specialized ModelRisk probability distribution functions, users can accurately depict the uncertainty surrounding those values. Subsequently, ModelRisk utilizes Monte Carlo simulation methods to generate thousands of potential scenarios automatically. While Excel is employed for a multitude of analytical tasks, ModelRisk uniquely focuses on assessing the uncertainty present in the numerical outcomes of Excel models. This powerful tool has been embraced by users from diverse industries for risk analysis, highlighting its adaptability and effectiveness in managing uncertainty. Moreover, its capability to visualize results not only enhances user comprehension but also aids in making well-informed decisions, ultimately leading to better strategic outcomes. In an increasingly complex world, ModelRisk empowers users to navigate uncertainty with confidence.

What is Lumenaut?

The Lumenaut Excel Add-In provides an impressive range of tools, such as Monte Carlo Analysis for conducting risk simulations, a Decision Tree function, and both Parametric and Non-Parametric statistical analyses, all integrated within Excel, making it suitable for diverse fields like business, engineering, and scientific research. Users can freely utilize the software for commercial purposes without any restrictions on its functionalities. The path to developing Lumenaut was filled with both obstacles and rewards, and we take immense pride in witnessing thousands of users enhance their analysis and decision-making processes. Nonetheless, given the current market landscape that does not favor further substantial investments in its development, we have opted to release Lumenaut to the community at no charge, fostering greater accessibility and usage. By making it available for free, we aspire for users to discover creative methods to amplify their analytical skills and capabilities. Our hope is that this decision will lead to a collaborative environment where users share insights and improvements.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vose Software

Company Location

Belgium

Company Website

www.vosesoftware.com/products/modelrisk/

Company Facts

Organization Name

Lumenaut

Company Website

lumenaut.com

Categories and Features

Risk Management

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
Risk Assessment

Categories and Features

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

Popular Alternatives

RiskyProject Professional Reviews & Ratings

RiskyProject Professional

Intaver Institute

Popular Alternatives

@RISK Reviews & Ratings

@RISK

Lumivero
MCM Alchimia Reviews & Ratings

MCM Alchimia

Alchimia Software
Analytic Solver Reviews & Ratings

Analytic Solver

Frontline Systems
GoldSim Reviews & Ratings

GoldSim

GoldSim Technology Group