@RISK
See All Possible Outcomes using Monte Carlo Simulation
Model Risks and Uncover New Opportunities
What are the chances of making money –or taking a loss–on your next venture? How about the probabilities of staying within budget or needing a contingency? Armed with that information, you could take the guesswork out of big decisions and plan strategies with confidence. With @RISK, you can answer these risk modeling questions and more–right in your Excel spreadsheet.
From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK. @RISK helps both Fortune 500 companies and private consultancies paint a realistic picture of possible scenarios. This allows businesses to not only buffer and mitigate risks, but also identify and exploit opportunities for growth.
How @RISK Works
@RISK (pronounced “at risk”) software is an add-in tool for Microsoft Excel that helps you make better decisions through risk modeling and analysis. It does this using a technique known as Monte Carlo simulation. @RISK’s Monte Carlo analysis computes and tracks many different possible future scenarios in your risk model, and shows you the probability of each occurring. In this way, @RISK shows you virtually all possible outcomes for any situation. This probabilistic approach makes @RISK a powerful tool that you can use to judge which risks to take and which ones to avoid—critical insight in today’s uncertain world.
Works with Microsoft Excel
Avoid Pitfalls and Uncover Opportunities with Risk Analysis
Plan Better Strategies
Model Risk Factors and Protect Yourself with Contingency Planning
Communicate Risk To Others
Industries using @RISK
Energy & Utilities
Insurance & Reinsurance
Finance & Banking
Manufacturing & Consumer Goods
Construction & Engineering
Aerospace & Defense
Customer Success Stories with @RISK
Learn how @RISK has helped decision makers to improve risk and decision analysis efforts.
Robert Hunt
Associate Director for Investment Analysis, Procter & Gamble
We’ve trained well over a thousand people throughout the company on @RISK, and rely on it for our entire range of investment decisions.
Rafael Hartke
Financial Planning, Petrobras
@RISK helps Petrobras reduce the calculation time for projections that used to take thousands of hours to a single day. If you multiply the saved hours by staff pay rates, you can get a pretty good picture of some huge cost savings.
Ulrik Mester
Risk Management Consultant at Post Danmark
The combination of our data and @RISK's technology has given us the confidence to predict exactly what risks we face, as a result of which we do not need to pay so much for our insurance.
Michael Watson
Integrated Program Planning - NASA Orion Multi-Purpose Crew Vehicle, Lockheed Martin
@RISK tells us the probability of making our contractual dates and highlights any areas of risk that we may not have identified. We want to know what it’s going to take to hit our milestones on time – for example, launch is extremely important.
Liran Blasbalg
Actuarial Analyst, Deloitte
@RISK gives us the power to perform Monte Carlo methods in a single cell in Excel. This saves us time and simplifies the spreadsheets we work in.
Art Misyan
Merck
We love @RISK because it incorporates distribution fitting and gives us the flexibility to evaluate alternative distributions on screen.
How @RISK Is Used
@RISK enables endless applications, including these in:
- Investment Planning & Portfolio Optimization
- Cost Estimation
- Engineering Reliability
- Capital Reserves
- Oil, Gas, & Mineral Reserves
Investment Planning & Portfolio Optimization
Simulate multiple portfolio assets (such as stocks, bonds, real estate, or projects) to maximize return while minimizing risk. Calculate Value-at-Risk, or the probability of different losses on a portfolio.
Cost Estimation
Get an accurate, probabilistic estimate of materials and labor costs throughout the entire project. Understand the likelihood of going over budget under a variety of scenarios.
Engineering Reliability
Gain insight into confidence levels around the risk of equipment failure or safety violations using Six Sigma calculations. Identify areas of weakness to ensure quality results and prevent failures.
Capital Reserves
Probabilistically forecast future claims or losses in order to determine optimal reserves levels. Perform stress testing on high-impact, low-probability events.
Oil, Gas, & Mineral Reserves
Investment Planning & Portfolio Optimization
Investment Planning & Portfolio Optimization
Simulate multiple portfolio assets (such as stocks, bonds, real estate, or projects) to maximize return while minimizing risk. Calculate Value-at-Risk, or the probability of different losses on a portfolio.
Cost Estimation
Cost Estimation
Get an accurate, probabilistic estimate of materials and labor costs throughout the entire project. Understand the likelihood of going over budget under a variety of scenarios.
Engineering Reliability
Engineering Reliability
Gain insight into confidence levels around the risk of equipment failure or safety violations using Six Sigma calculations. Identify areas of weakness to ensure quality results and prevent failures.
Capital Reserves
Capital Reserves
Probabilistically forecast future claims or losses in order to determine optimal reserves levels. Perform stress testing on high-impact, low-probability events.
Oil, Gas, & Mineral Reserves
Oil, Gas, & Mineral Reserves
Key Features
Monte Carlo Simulation
By sampling different possible inputs, @RISK calculates thousands of possible future outcomes, and the chances they will occur. This helps you avoid likely hazards—and uncover hidden opportunities.
100% Excel Integration
@RISK integrates seamlessly with Excel’s function set and ribbon, letting you work in a familiar environment with results you can trust.
Sensitivity Analysis
@RISK identifies and ranks the most important factors driving your risks, so you can plan strategies—and resources—accordingly.
Graphs and Reports
@RISK offers a wide variety of customizable, exportable graphing and reporting options that let you communicate risk to all stakeholders.
Extensive Modeling Features
With a broad library of probability distributions, data fitting tools, and correlation modeling, @RISK lets you represent any scenario in any industry with the highest level
of accuracy.
Add Decision & Data Analysis with The DecisionTools Suite
The complete risk and decision analysis toolkit, including @RISK, PrecisionTree, TopRank, NeuralTools, StatTools, Evolver, RISKOptimizer, and ScheduleRiskAnalysis.
Additional Benefits
Subscription
Your software subscription has you fully covered.
- Free upgrades when new software versions are released
- Full access to Technical Support
Support
Technical Support is available to help with installation, operational problems, or errors.
- Included with subscription
- Phone, web, or email
Customizable
Leverage the power of @RISK in your own custom application with Palisade Custom Development.
- Engage Palisade to design your solution
- Standardize your analyses and reduce learning curves
