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.
excel-addin
pricing-models
monte-carlo-simulation
risk-analysis
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
The Best Deriscope Alternatives
Top Finance and Derivatives Pricing & Risk Analytics and other similar apps like Deriscope
Here are some alternatives to Deriscope:
Suggest an alternative ❐
AmiBroker
AmiBroker is a comprehensive technical analysis and charting software designed specifically for stock market traders and investors. It offers a wide range of features for analyzing financial data, testing trading systems, building custom indicators, creating trading signals, backtesting strategies, optimizing parameters, and automating trading.Some key features of AmiBroker include:Charting with...
MetaTrader
MetaTrader is a multi-asset trading platform developed by MetaQuotes Software for trading forex, stocks, futures, and CFDs. First released in 2005, MetaTrader has become one of the most widely-used retail trading platforms in the world due to its ease of use, customizable nature, and automated trading capabilities.Key features of MetaTrader...
Spotware cTrader
Spotware cTrader is a desktop application for Forex and CFD traders developed by Spotware Systems. Some key features of cTrader include:Advanced charting with multiple indicators, timeframes, and drawing tools for technical analysisLevel II pricing data for detailed market depth informationOne-click trading directly from chartsSupport for Expert Advisors for algorithmic and...
EToro
eToro is a social trading and multi-asset brokerage company founded in 2007. It operates a trading and investment platform that allows users to invest in stocks, commodities, currencies, cryptocurrencies, and more.A key feature of eToro is its social trading functionality. Users can connect with other investors on the platform, see...
Sierra Chart
Sierra Chart is a robust and feature-rich platform for analyzing financial market data and executing trades. It is targeted at active traders and offers advanced charting and customization options for tracking equities, futures, forex, and other asset classes.Some key features of Sierra Chart include:Support for high-performance market data and order...
Bloomberg
Bloomberg is a global information and technology company that focuses on business and financial data, news, analytics, and trading tools. It was founded by Michael Bloomberg in 1981 and is headquartered in New York City.The company's main product is the Bloomberg Terminal, a software system provided on leased hardware that...
StockTwits
StockTwits is a social networking and microblogging platform designed specifically for investors, traders, and enthusiasts to share ideas and information about stocks and the stock market. Launched in 2008, StockTwits has become one of the largest and most active online communities for investors.Some key features of StockTwits include:Posting short messages...
Seeking Alpha
Seeking Alpha is an online crowd-sourced content platform focused on analyzing and providing news, opinion, and analysis for stocks, ETFs, mutual funds, and other financial instruments. It covers earnings reports, dividends, macroeconomic events, and trading strategies.The service is known for its wide pool of contributors, made up of investors, financiers,...
MarketWatch
MarketWatch is a financial information website owned by Dow Jones & Company. It provides stock market news, data, analysis and tools tailored to investors to help them research investments and make informed decisions.Some key features of MarketWatch include:Market overview - Live updates on major stock indexes, commodities, currencies and cryptocurrencies....
XE.com
XE.com is an online currency and foreign exchange information service and money remittance provider. The website provides live mid-market currency exchange rates, a currency converter, historical currency charts, and currency news and forecasts. It covers over 180 global currencies and provides exchange rate data and money transfers through its website...
E*TRADE
E*TRADE is an online discount brokerage platform designed for self-directed investors. It allows users to trade a wide range of securities including stocks, options, exchange-traded funds (ETFs), mutual funds, and bonds without paying traditional broker commissions. E*TRADE aims to provide customers with an intuitive trading experience, robust research and analysis...
DataCircle.io
DataCircle.io is a cloud-based no-code data pipeline and ETL platform designed for ease of use. With an intuitive drag-and-drop interface, DataCircle.io makes it simple for anyone to integrate data from diverse sources, transform and enrich data on the fly, and load it into destinations like databases, data warehouses, lakes, and...
Trade4me
Trade4me is an automated cryptocurrency trading platform designed to make crypto trading easy for beginners while also providing advanced functionality for experienced traders. The platform allows users to connect their existing cryptocurrency exchanges like Binance, Coinbase, KuCoin etc. and trade automatically using preset trading strategies or by configuring their own...
Quandl
Quandl is a financial data platform designed to empower analysts and developers in making better decisions through data. It offers a diverse array of financial, economic, and alternative datasets from over 500 sources for quantitative analysis and modeling.Some key features of Quandl include:Access to over 40 million financial, economic and...
Tradably
Tradably is a social trading platform designed to make trading more collaborative and educational for retail traders. Some key features include:Social feed - Interact with other traders by sharing trading ideas, commentary, charts, and more. Build a following as a top trader.Copy trading - Automatically copy the trades of vetted,...
UniBit
UniBit is an open-source, decentralized cryptocurrency that launched in 2021. It focuses on providing fast transactions, easy mining, and everyday utility as a payment method.Some key features of UniBit include:Proof-of-Work algorithm - UniBit uses a PoW consensus to validate transactions and secure the network. This allows everyday users to participate...
Docoh
Docoh is a cloud-based document management and collaboration solution designed for teams to manage, share, collaborate on and track file versions. Key features include:Centralized repository to store and organize Word, Excel, PDF and other filesAccess controls and permissions to ensure files are securely shared with the right peopleVersion history and...
Robur Terminal
Robur Terminal is a feature-rich terminal emulator and command-line interface for Linux and other UNIX-like operating systems. It is designed to be lightweight, fast, and highly customizable to suit the needs of power users, developers, and system administrators.Some of the key features of Robur Terminal include:Multiple tabbed interfaces to run...
Fund Platform
Fund Platform is a user-friendly online fundraising and donor management software designed specifically for nonprofits and charitable organizations. It makes it easy to set up appealing online fundraising pages and process donations quickly and securely.Key features of Fund Platform include:Customizable peer-to-peer and personal fundraising pagesEmbeddable donation forms for websitesTools for...
Scout Finance
Scout Finance is a comprehensive financial planning and wealth management platform aimed at helping users take control of their finances. The software provides a variety of features to track spending, manage investments, plan for retirement, and more.Key features of Scout Finance include:Budgeting and spending tracking - Set budgets for categories...
Finsemble
Finsemble is an open-source desktop platform optimized for financial services professionals. It provides a window manager and application framework that enables seamless integration of internal and 3rd party applications into unified workspaces.Key features of Finsemble include:Unified visualizations - Integrate data, charts, apps, web pages etc. into multi-window workspaces tailored for...
Excel Price Feed
Excel Price Feed is an add-in for Microsoft Excel that enables users to effortlessly import up-to-date pricing data from various online sources into Excel spreadsheets. This eliminates the need for manual data entry and copy-pasting prices, saving significant time and effort.With Excel Price Feed, users can set up automated price...
