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What is RiskAMP?

RiskAMP serves as an all-encompassing Monte Carlo simulation engine tailored for Microsoft Excel®, facilitating a seamless connection with the software's functionalities and interface. The RiskAMP Add-in equips users with a robust set of tools for embedding risk analysis into their spreadsheet models, making the process more efficient and budget-friendly compared to numerous alternatives. It boasts an intuitive integrated ribbon toolbar and includes VBA scripting support, with the added convenience of automatically producing charts and graphs. The introduction of RiskAMP 6 brings enhancements such as the PERT distribution for project and cost assessments, over 40 random distributions—some of which are correlated and multivariate—and the capability to automatically generate histogram and correlation charts. Additionally, the tool supports Latin Hypercube sampling, Las Vegas simulation techniques, and distribution fitting, while also being natively compatible with Windows on ARM architecture. RiskAMP caters to users of Excel versions from 2013 to 365, available in both 32-bit and 64-bit formats, and it also provides access to a web-based risk platform called RiskAMP Web. This wide-ranging compatibility ensures that many users can take advantage of enriched risk analysis features in their Excel applications while enhancing their decision-making processes.

What is MC FLO?

Monte Carlo simulations provide a streamlined approach to decision-making in numerous fields, including product launches, corporate strategy, project management, portfolio management, and risk evaluation. By revealing the likelihood of various outcomes, these simulations pinpoint critical areas of focus that can significantly improve the probability of achieving success. The MC FLO platform simplifies the simulation process with features such as built-in estimators, time series analysis, automated forecasting, and visual correlation capabilities. Additionally, MC FLO offers seamless integration with Microsoft Excel for Windows, ensuring that it works effortlessly with existing Excel documents. We are committed to delivering an intuitive user experience that promotes rapid model development while maintaining transparency throughout every step. This blend of functionalities establishes MC FLO as an essential asset for professionals seeking to harness data-driven insights effectively. With its advanced tools and user-centric design, MC FLO not only enhances decision-making but also empowers users to navigate complex scenarios with greater confidence.

Media

Media

Integrations Supported

Microsoft Excel

Integrations Supported

API Availability

API Availability

Pricing Information

$16.95 per month
Free Version

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

RiskAMP

Date Founded

2005

Company Location

United States

Company Website

www.riskamp.com

Company Facts

Organization Name

MC FLOsim

Date Founded

2017

Company Location

Switzerland

Company Website

www.mcflosim.ch/en/

Categories and Features

Graphing

Not specified

Statistical Analysis

Not specified

Categories and Features

Risk Management

Auditing
Risk Assessment

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