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  @Risk for Excel    

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New version 5.7

Excel Ease of Use

@RISK is a true add-in to Microsoft Excel, integrating completely with your spreadsheet. Browse, define, analyze—while never leaving Excel. All @RISK functions are true Excel functions, and behave exactly as native Excel functions do. @RISK windows are all linked directly to cells in your spreadsheet, so changes in one place are carried out in the other. @RISK graphs point to their cells via callout windows. Drag-and-drop ease, context-sensitive right-click menus, and the @RISK toolbar make learning and navigating @RISK a snap.

Buy @Risk for Excel in order to get benefits and guarantee

What's New in @RISK 5.7

@RISK 5.7 is fully compatible with 64-bit Excel 2010. 64-bit technology enables Excel and @RISK to access much more computer memory than ever before. This allows for vastly larger models and greater computational power.

Simulation of Password Protected Sheets
@RISK now allows you to simulate worksheets that have been password protected in Excel. No longer do you need to unprotect your sheets to perform risk analysis, saving you valuable time.

@RISK and RISKOptimizer Merged Ribbon
Because RISKOptimizer is often used to optimize @RISK models, the buttons for RISKOptimizer have been added to the main @RISK ribbon bar in Excel for greater ease of use.

New @RISK VBA Control Methods
The new RiskResultsGraph method of the RiskSimResultsCollection object allows you to make graphs with the same syntax as the RiskResultsGraph Excel function.

See more...
What is this Product?

@RISK for Six Sigma
@RISK comes with Six Sigma statistics, functions, and reports. It is used to identify, measure, and root out the causes of variability in your production and service processes and designs.

Model, Simulate, Understand

Running an analysis with @RISK involves three simple steps:

1. Set Up Your Model. Start by replacing uncertain values in your spreadsheet with @RISK probability distribution functions, like Normal, Uniform, or over 35 others. These @RISK functions simply represent a range of different possible values that a cell could take instead of limiting it to just one case. Choose your distribution from a graphical gallery, or define distributions using historical data for a given input. Even combine distributions with @RISK’s Compound function. Share specific distribution functions with others using the @RISK Library, or swap out @RISK functions for colleagues who don’t have @RISK.

Next, select your outputs—the "bottom line" cells whose values interest you. This could be potential profits, ROI, insurance claims payout, disease recovery rate, or anything at all.

2. Run the Simulation. Click the Simulate button and watch. @RISK recalculates your spreadsheet model thousands of times. Each time, @RISK samples random values from the @RISK functions you entered, places them in your model, and records the resulting outcome. Explain the process to others by running your simulation in Demo Mode, with graphs and reports updating live as the simulation runs.

3. Understand Your Risks. The result of a simulation is a look at a whole range of possible outcomes, including the probabilities they will occur. Graph your results with histograms, Scatter Plots, cumulative curves, Box Plots, and more. Identify critical factors with Tornado charts and sensitivity analysis. Paste results into Excel, Word, or PowerPoint, or place them in the @RISK Library for other @RISK users. You can even save results and charts right inside your Excel workbook.

@RISK Industries & Applications

@RISK is used to analyze risk and uncertainty in a wide variety of industries. From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK.

Industry Applications
Aerospace Manufacturing
Defense Medical
Environment Oil/Gas/Energy
Finance Pharmaceuticals
Government Securities
Insurance/Reinsurance Transportation

NOTE: For more information about @RISK for Excel, please take a look to the PDF of @RISK Brochure and the detailed @RISK Fact Sheet. Click here to view the @RISK tutorial.

Features
FEATURES BENEFITS
Monte Carlo simulation Shows possible outcomes to avoid pitfalls and identify opportunities
100% Excel calculations for simulation Highest level of accuracy, and maximum use of multi-core processors for speed
Interface  
Seamless integration into Microsoft Excel Never leave your spreadsheet; get up to speed quickly
Intuitive toolbars and right-click menus Easy navigation—multiple ways to perform common tasks
Model Definition  
Distribution palette and Insert Function command Easy and accurate definition of uncertain factors
Data fitting and Distribution Artist Use data and expert judgment to define uncertain factors
Over 40 built-in distribution functions Represent virtually any uncertain 
factor for accurate modeling
@RISK Function Swap Remove (and later restore) @RISK functions for sharing models with non-@RISK users
@RISK Library Define, reuse, and share custom distributions and simulation results
Compound function Combines two distributions into one to streamline insurance or other large models
Percentile distribution parameters More flexible ways to define uncertainty
Correlation of inputs and correlation time series Represent dependency between related 
variables for accurate modeling
Simulation  
Demo Mode and live updating Graphs and reports update during simulation for
illustration to others
Extensive settings control Customize simulations to specific needs
Simulation Results  
Fully customizable presentation-quality graphs See the impact of risk and communicate to stakeholders
Reporting in Office All graphs and charts can be exported to Excel, Word, and PowerPoint in native chart format for easy distribution to others
One-click Quick Reports See summary of charts and graphs
pre-formatted for one page
Histograms, area, line, cumulative, summary,  box plot, and overlay graphs Variety of graphing and charting options 
for easy, accurate communication
Tornado charts and scatter plots Visually identify critical factors and trends, overall and for particular scenarios
Sensitivity and Scenario Analysis Identify the individual tasks that have the 
most impact on results, and the particular scenarios that lead to certain results
Six Sigma functions Report Six Sigma statistics for quality analysis
Multi-core processor and multiple CPU support Speed up simulations
Screenshots

Support
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Versions

@RISK 5.7 is available in three editions to meet your risk analysis needs: Standard, Professional, and Industrial.

@RISK Professional 
Designed for professional-grade problems in any industry, @RISK Professional is perfect for most commercial uses. It provides a balance of advanced analysis and point-and-click ease of use, and includes:

  • Integrated distribution fitting: Defines distribution functions for you based on historical or industry data.
  • @RISK Library: A SQL database for storing and sharing with others @RISK distribution functions, model components, and simulation results.
  • Excel Developer Kit (XDK): Automate and customize @RISK for Excel through a complete library of commands and functions that let you control every aspect of @RISK in your spreadsheet. Add @RISK for Excel to any custom application.
  • Stress Analysis: Lets you control the range that is sampled from a distribution function, enabling you to see how different scenarios affect your bottom line without changing your model.
  • Advanced Sensitivity Analysis: Lets you see how changes in any input—distributions or regular values—affect simulation results.
  • @RISK Goal Seek: Uses multiple simulations to find an input value that achieves a target simulation result you specify.

@RISK Industrial
Designed for your largest, most complex models, @RISK Industrial includes everything in @RISK Professional, plus the following:

  • RISKOptimizer: Combine Monte Carlo simulation with genetic algorithm-based optimization to find the best combination of factors to lead to a desired result under uncertain conditions.
    » More about RISKOptimizer
  • Advanced @RISKAccelerator: Speed up simulations with parallel processing by using all multi-core processors and available CPUs within a single machine.
  @RISK Standard @RISK Professional @RISK Industrial
Advanced Simulation Engine x x x
Support for 2 CPUs or processor cores  x x x
Over 40 Built-in Distribution Functions x x x
Integrated Distribution Gallery  x x x
Insert Function Command  x x x
Compound and Six Sigma functions x x x
Variety of Result Graphs and Charts  x x x
Live Updating During Simulation  x x x
Sensitivity & Scenario Analysis  x x x
Correlation of Inputs  x x x
Freehand Distribution Artist  x x x
Integrated Data Fitting   x x
@RISK Library    x x
Excel Developer Kit (XDK)    x x
Stress Analysis   x x
Advanced Sensitivity Analysis    x x
@RISK Goal Seek   x x
Advanced @RISKAccelerator      x
RISKOptimizer     x
Optimization under uncertainty      x
Ranges for adjustable cells and constraints      x
Six solving methods      x
RISKOptimizer Watcher      x
Genetic algorithms      x
Convergence monitoring and  genetic operators      x
Original, Best, Last model updating      x

Technical Support: Personalized technical support is free with a current maintenance plan. Contact more details to sales@palisade.com

If you want 5 or more licenses, you will receive a special discount. Please contact to sales@modeladvisor.com for more details.

Guarantee

You can download a 10 days FREE trial version to test if it will suit your needs.
FREE Trial

System Requirements
  • Minimum Platform: IBM PC compatible Pentium or higher; Microsoft Windows 95 or higher; Microsoft Excel 97 or higher
  • Recommended: 32 MB RAM, or greater
Shipping

Palisade products not include shipment charges. When you buy this product using Model Advisor shopping cart, you will receive an e-mail indicating the procedures to pay the shipment charges. For more information please send an e-mail to sales@modeladvisor.com

  • Shipping in the US and Canada is $10 for the first item, $5 for each additional.
  • International shipping is $50 for the first item, $10 for each additional.
Prices
 
Product Prices  
@RISK for Excel 5.7 Standard US$1,195.00 Buy Now
@RISK for Excel 5.7 Professional US$1,495.00 Buy Now
@RISK for Excel 5.7 Industrial US$1,995.00 Buy Now
@RISK for Excel 5.7 Industrial en Español US$1,995.00 Buy Now

These prices are corresponding to the downloading version. The prices for products in CD are $25 higher.

WARNING, take into account that if you are not USA's resident, you should contact us to: sales@jabsoft.com in order to obtain a applicable quotation for you.

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