Deriscope
Deriscope is an Excel add-in for financial derivatives analytics and Monte Carlo simulation. It allows creating flexible pricing models and analyzing risks in Excel spreadsheets.
Deriscope: Excel Add-In for Financial Derivatives Analytics & Monte Carlo Simulation
Excel add-in for financial derivatives analytics and Monte Carlo simulation, creating flexible pricing models and analyzing risks in Excel spreadsheets.
What is Deriscope?
Deriscope is an advanced Excel add-in used for building flexible pricing and risk models for financial derivatives such as options, swaps, and FX. It enables conducting Monte Carlo simulations and scenario analysis within Excel spreadsheets.
Some key features of Deriscope:
- Intuitive declarative language for model specification. Allows creating reusable pricing functions.
- Support for major asset classes - equities, commodities, rates, credit, FX.
- Robust calculation engine for accurate pricing and risk metrics.
- Seamless integration with Excel - formulas, data, charts.
- Scenario management for what-if analysis and stress testing models.
- C++ pricing library with speed optimizations.
- Open source with community forums for model sharing.
Deriscope brings institutional-grade analytics into Excel through an easy to use add-in. It allows finance professionals to build flexible models tailored to specific assets without programming.
Deriscope Features
Features
- Pricing and risk analysis of financial derivatives
- Monte Carlo simulation
- Integration with Excel spreadsheets
- Support for various asset classes like equities, FX, interest rates, credit, commodities
- Analytics for vanilla and exotic options
- Calculation of greeks and implied volatility
- Scenario and sensitivity analysis
- Customizable pricing models
- Automated model calibration
Pricing
- One-time Purchase
- Subscription-Based
Pros
Powerful functionality for derivatives analytics
Tight integration with Excel for ease of use
Flexibility to build custom models
Risk analysis capabilities
Automation saves time compared to manual modeling
Cons
Steep learning curve
Limited documentation and support
Add-in can slow down Excel
Expensive compared to open source alternatives
Official Links
Reviews & Ratings
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