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ease
features
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support

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Write a Review

Description

The newest version of the free software MCM Alchimia has been designed to facilitate the estimation of measurement uncertainty and calibrations using the Monte Carlo method in accordance with JCGM 101. In this update, a comprehensive GUM framework uncertainty budget has been introduced, and similar to the previous version, it maintains support for correlated quantities and regression curves. Additionally, it boasts a speed enhancement that rivals well-known calculation and statistics programs. Users can perform simulations using direct, inverse, and total least squares methods, offering versatility in analysis. Furthermore, there is a custom application language available through an external module, allowing for tailored functionality. The output report provides a thorough statistical analysis of the simulations conducted, ensuring users have detailed insights into their results. This release significantly enhances the usability and efficiency of the application for professionals in the field.

Description

Whether in finance or science, anyone confronting uncertainties in their quantitative assessments can gain significant advantages from @RISK. This tool assists both leading Fortune 100 firms and smaller consultancy groups in creating a more accurate depiction of potential outcomes. By doing so, it enables organizations to not only mitigate risks but also to discover and capitalize on opportunities for expansion. @RISK, pronounced "at risk," serves as an add-in for Microsoft Excel, facilitating risk analysis through Monte Carlo simulation. It provides a comprehensive view of nearly all possible results for any given scenario, along with the probabilities of each outcome. Consequently, users can evaluate which risks are worth pursuing and which should be sidestepped—a vital perspective in our increasingly unpredictable environment. Ultimately, @RISK empowers decision-makers to navigate uncertainty with greater confidence and strategic foresight.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Duality No 
Methvin No 

Integrations

Duality Yes 
Methvin Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
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 No 

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 Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Alchimia Software

Country

Uruguay

Website

www.mcm-alchimia.com

Vendor Details

Company Name

Lumivero

Founded

1995

Country

United States

Website

palisade.lumivero.com

Product Features

Statistical Analysis

Analytics No 
Association Discovery No 
Compliance Tracking Yes 
File Management No 
File Storage No 
Forecasting No 
Multivariate Analysis Yes 
Regression Analysis Yes 
Statistical Process Control No 
Statistical Simulation Yes 
Survival Analysis No 
Time Series No 
Visualization No 

Product Features

Financial Risk Management

Compliance Management No 
Credit Risk Management Yes 
For Hedge Funds Yes 
Liquidity Analysis Yes 
Loan Portfolio Management Yes 
Market Risk Management Yes 
Operational Risk Management Yes 
Portfolio Management Yes 
Portfolio Modeling Yes 
Risk Analytics Benchmarks Yes 
Stress Tests Yes 
Value At Risk Calculation Yes 

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