Risk Solver vs ModelRisk
Struggling to choose between Risk Solver and ModelRisk? Both products offer unique advantages, making it a tough decision.
Risk Solver is a Office & Productivity solution with tags like risk-analysis, simulation, uncertainty-modeling, excel-addin.
It boasts features such as Monte Carlo simulation, Sensitivity analysis, Optimization, Tornado charts, Scenario analysis and pros including Easy to use within Excel, Powerful risk analysis capabilities, Large number of probability distributions available, Can handle large and complex models.
On the other hand, ModelRisk is a Business & Commerce product tagged with risk-management, financial-risk, market-risk, credit-risk, operational-risk, banks, financial-services.
Its standout features include Monte Carlo simulation, Historical simulation, Sensitivity analysis, Stress testing, Value at Risk (VaR), Expected Shortfall, Credit risk modeling, Liquidity risk modeling, Optimization tools, and it shines with pros like Comprehensive risk analytics, Industry standard models, Customizable modeling, Automated model validation, Regulatory compliance.
To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.
Risk Solver
Risk Solver is an Excel add-in developed by Frontline Systems that allows users to build risk analysis models and run simulations within Excel. It helps analyze the impact of uncertainty and risk in spreadsheet models.
Categories:
Risk Solver Features
- Monte Carlo simulation
- Sensitivity analysis
- Optimization
- Tornado charts
- Scenario analysis
Pricing
- One-time Purchase
Pros
Cons
ModelRisk
ModelRisk is risk management software used by banks and financial services companies to model and quantify financial risks. It helps build, validate, and audit risk models for market risk, credit risk, and operational risk.
Categories:
ModelRisk Features
- Monte Carlo simulation
- Historical simulation
- Sensitivity analysis
- Stress testing
- Value at Risk (VaR)
- Expected Shortfall
- Credit risk modeling
- Liquidity risk modeling
- Optimization tools
Pricing
- Subscription-Based