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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 @RISK?

In both finance and scientific research, individuals dealing with uncertainties in their quantitative evaluations can greatly benefit from the use of @RISK. This software aids prominent Fortune 100 companies as well as smaller consulting firms in formulating a more precise representation of potential results. By enhancing the accuracy of their predictions, organizations can not only reduce risks but also identify and leverage opportunities for growth. Pronounced "at risk," @RISK functions as an add-in for Microsoft Excel, enabling risk analysis via Monte Carlo simulation. It offers an extensive overview of nearly all conceivable outcomes for any scenario, along with the likelihood of each result occurring. As a result, users are equipped to determine which risks are advisable to take and which should be avoided—a crucial insight in an increasingly volatile world. In addition, @RISK allows users to create detailed reports and visualizations, further aiding in the comprehension and communication of complex risk assessments. Ultimately, @RISK empowers decision-makers to tackle uncertainty with enhanced confidence and strategic insight.

Media

Media

Integrations Supported

Microsoft Excel

Integrations Supported

Duality
Methvin

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

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RiskAMP

Date Founded

2005

Company Location

United States

Company Website

www.riskamp.com

Company Facts

Organization Name

Lumivero

Date Founded

1995

Company Location

United States

Company Website

palisade.lumivero.com

Categories and Features

Graphing

Not specified

Statistical Analysis

Not specified

Categories and Features

Financial Risk Management

Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

IT Risk Management

Not specified

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