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Ratings and Reviews 0 Ratings
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What is Traklight?
Are you facing challenges in safeguarding a crucial business plan? Perhaps you are a business owner who overlooked the importance of protecting intellectual property at the start. As your business expands, do you find yourself lacking the necessary resources or strategy for IP protection? It’s common to feel anxious about intellectual property matters, and that’s where Traklight steps in to assist. Don't wait until it's too late to safeguard your intellectual property. We firmly believe that your innovative ideas should remain yours, and you shouldn't have to worry about infringing upon others or the complexities of IP laws. There's no need for you to stress over protecting trade secrets, determining the dates of initial publication, or establishing your invention's originality. Traklight is dedicated to helping you discover, secure, and capitalize on your innovative concepts for your startup or business. Our services are not only quick and affordable but also user-friendly, ensuring you have the support you need to thrive in your endeavors. With us by your side, you can focus on what truly matters—growing your vision into a successful reality.
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.
Integrations Supported
Rocket Lawyer
API Availability
Has API
API Availability
Has API
Pricing Information
$199 one-time payment
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
Traklight
Company Location
United States
Company Website
www.traklight.com
Company Facts
Organization Name
Vose Software
Company Location
Belgium
Company Website
www.vosesoftware.com/products/modelrisk/
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
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