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.
risk-analysis
simulation
uncertainty-modeling
excel-addin
Risk Solver: Analyze Uncertainty & Risk in Excel
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.
What is Risk Solver?
Risk Solver is an add-in for Excel developed by Frontline Systems that enables building risk analysis models and running Monte Carlo simulations seamlessly within Excel. It integrates simulation and optimization to provide sensitivity analysis, scenario management, and automatic reports.
Key features of Risk Solver include:
- Running simulations with uncertain inputs represented by probability distributions
- Sensitivity analysis to understand the impact of input variability
- Scenario management tools to capture different versions of a model
- Automatic tornado and sensitivity charts from simulation results
- Optimization tools to find the best possible outcomes
Risk Solver helps analysts and managers understand the quantitative and potential financial impact of risk and uncertainty in their Excel models. Its risk analysis capabilities transform static Excel models into dynamic and interactive decision-making tools. It is used across finance, operations, and engineering teams in various industries like insurance, banking, manufacturing, etc.
Risk Solver Features
Features
- Monte Carlo simulation
- Sensitivity analysis
- Optimization
- Tornado charts
- Scenario analysis
Pricing
- One-time Purchase
Pros
Easy to use within Excel
Powerful risk analysis capabilities
Large number of probability distributions available
Can handle large and complex models
Cons
Requires purchase of Excel add-in
Limited to Excel platform
Steep learning curve for advanced features
Official Links
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