Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Monte Carlo simulations simplify decision-making across various areas such as product launches, corporate strategy, project management, portfolio oversight, and risk assessment. These simulations uncover the probability of different outcomes and highlight the key areas to focus on in order to enhance the chances of success. With features like integrated estimators, time series analysis, automated forecasting, and visual correlation tools, using MC FLO for simulations becomes a straightforward process. Moreover, MC FLO seamlessly integrates with Microsoft Excel for Windows, allowing compatibility with your current Excel files. Our dedication lies in providing a user-friendly experience, facilitating quick model development, and ensuring complete transparency throughout the process. This combination of features makes MC FLO an invaluable tool for any professional aiming to leverage data-driven insights in their decision-making.
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.
API Access
Has API
No
API Access
Has API
No
Integrations
Microsoft Excel
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$16.95 per month
Free Trial
No
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
MC FLOsim
Founded
2017
Country
Switzerland
Website
www.mcflosim.ch/en/
Vendor Details
Company Name
RiskAMP
Founded
2005
Country
United States
Website
www.riskamp.com
Product Features
Risk Management
Alerts/Notifications
No
Auditing
Yes
Business Process Control
No
Compliance Management
No
Corrective Actions (CAPA)
No
Dashboard
No
Exceptions Management
No
IT Risk Management
No
Internal Controls Management
No
Legal Risk Management
No
Mobile Access
No
Operational Risk Management
No
Predictive Analytics
No
Reputation Risk Management
No
Response Management
No
Risk Assessment
Yes
Product Features
Statistical Analysis
Analytics
No
Association Discovery
No
Compliance Tracking
No
File Management
No
File Storage
No
Forecasting
No
Multivariate Analysis
No
Regression Analysis
No
Statistical Process Control
No
Statistical Simulation
No
Survival Analysis
No
Time Series
No
Visualization
No