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What is vRisk?

Begin by clearly articulating your objectives, followed by identifying the potential risks linked to those goals. Next, evaluate and rank these risks according to their likelihood and potential impact on your objectives. Compare these risks against your predefined risk tolerance levels to pinpoint which ones necessitate urgent attention. After prioritization, devise suitable strategies for each identified risk and ensure their effective implementation. It is crucial to maintain open communication and consult with all relevant stakeholders throughout this process. Regularly monitor the situation and strive for continual improvement as time progresses. Once you have organized the identified risks into a risk register, visualizing them on a heat map becomes a simple task! You just need to pick the risk code and drag it to its designated spot on the heat map. The X and Y axis values will be logged automatically for your ease. Furthermore, repositioning risks within the risk heat map or matrix can be done effortlessly by dragging and dropping them to their new locations. The Risk Heat Map, or Risk Matrix, boasts an efficient design suitable for board meetings or sessions held by the enterprise risk management committee. This solution provides significant flexibility, allowing for multiple display options tailored to various requirements. You have the ability to create and personalize different heat maps, each with unique filtering criteria or visual elements, ensuring they meet your specific needs. This degree of customization enables a more focused approach to risk management that can readily adapt to the changing demands of your organization while enhancing the overall effectiveness of your risk mitigation strategies.

What is GeoT*SOL?

GeoT*SOL offers detailed minute-by-minute simulations for heat pump systems, facilitating the evaluation of yearly performance metrics such as the coefficient of performance (COP) and the financial implications tied to their operation. Moreover, these systems can seamlessly integrate with a variety of heat sources, such as gas condensing boilers and solar energy systems. Users have the flexibility to select from multiple operational configurations, including monovalent, monoenergetic, and bivalent modes. The annual performance factor according to VDI 4650 is an important criterion for assessing the effectiveness of different systems. This metric plays a vital role in numerous financial assistance initiatives and regulatory approvals, ensuring compliance with necessary standards. Additionally, GeoT*SOL assesses the financial viability of the system by adhering to the guidelines established by the Federal Association of the Solar Industry (BSW), allowing for a comparison of heat pump expenses against alternative solutions. It also analyzes capital investment and production expenses, including the cost of heating, alongside the modified internal rate of return (MIRR), which factors in both profit margins and reinvestment possibilities. In summary, this tool delivers an exhaustive evaluation that empowers users to make well-informed choices regarding their heating solutions. As a result, it plays a significant role in optimizing both energy efficiency and financial outcomes for users.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$3500 per year

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

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

Webinars

Company Facts

Organization Name

visualiserisk

Company Website

www.visualiserisk.com

Company Facts

Organization Name

Valentin Software

Date Founded

1988

Company Location

Germany

Company Website

valentin-software.com/en/products/geotsol/

Categories and Features

Financial Risk Management

For Hedge Funds
Stress Tests

Categories and Features

Solar

Not specified

Solar Design

Not specified

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