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Description
RiskAMP is a comprehensive Monte Carlo simulation engine designed specifically for Microsoft Excel®, allowing for seamless integration with the software's interface and functions. The RiskAMP Add-in provides an extensive toolkit for incorporating risk analysis into spreadsheet models, streamlining the process while remaining more affordable than many competing options. Featuring a user-friendly integrated ribbon toolbar and support for VBA scripting, it also automatically generates charts and graphs. With the release of RiskAMP 6, new features have been added, including the PERT distribution for project and cost modeling, over 40 random distributions—including those that are correlated and multivariate—and automatic generation of histogram and correlation charts. The tool accommodates Latin Hypercube sampling, Las Vegas simulation algorithms, and distribution fitting, while also offering native compatibility with Windows on ARM architecture. RiskAMP is suitable for use with Excel versions ranging from 2013 to 365, whether in 32-bit or 64-bit formats, and users can also access a web-based risk platform known as RiskAMP Web. This versatility ensures that a wide range of users can benefit from enhanced risk analysis capabilities in their Excel applications.
Description
Simulation Master operates entirely within Excel, an interface that you are likely already familiar with. It integrates seamlessly with Excel's native capabilities, enabling you to modify reports and charts as needed for effective communication with your team. You can input all simulation functions directly into the worksheet, and if you're uncertain about how to do so, Simulation Master provides helpful tools to assist you in entering random variables, time series, decision variables, and copulas. Additionally, if you've constructed a decision tree using DTace, you can leverage Simulation Master to simulate outcomes at chance nodes rather than just using discrete results. Furthermore, if you have developed a machine learning model with Vaimal, Simulation Master allows you to run simulations based on that model as well. This powerful synergy enables the integration of data models with analytic simulation models, enhancing the versatility of your analytical capabilities. Overall, this combination enriches your data analysis experience, making it more efficient and insightful.
API Access
Has API
API Access
Has API
Integrations
Microsoft Excel
Pricing Details
$16.95 per month
Free Trial
Free Version
Pricing Details
$199 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
RiskAMP
Founded
2005
Country
United States
Website
www.riskamp.com
Vendor Details
Company Name
Vortarus Technologies
Founded
2017
Country
United States
Website
vortarus.com
Product Features
Statistical Analysis
Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization
Product Features
Decision Support
Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control