ModelRisk
The world's most complete risk analysis add-in for Excel.
Overview
ModelRisk is a comprehensive add-in for Microsoft Excel that provides a wide range of tools for risk analysis. It uses Monte Carlo simulation to model uncertainty and help users make better decisions. It is known for its extensive library of probability distributions and advanced modeling capabilities.
✨ Key Features
- Monte Carlo Simulation
- Over 1400 functions
- 135 different probability distributions
- Time series models
- Correlation modeling
- Database connectivity
🎯 Key Differentiators
- Extensive range of features and distributions
- Competitive pricing
Unique Value: Offers a more comprehensive set of risk analysis tools and distributions within Excel at a more competitive price point than its main competitors.
🎯 Use Cases (4)
✅ Best For
- Quantifying operational risks in a business
- Modeling uncertainty in financial forecasts
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Users who require a standalone application and do not want to work within Excel
🏆 Alternatives
Provides more advanced features and greater flexibility for complex risk modeling compared to other Excel add-ins.
💻 Platforms
✅ Offline Mode Available
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
💰 Pricing
✓ 15-day free trial
Free tier: NA
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