Risk Solver App
by Frontline Systems Inc.
Easily perform risk analysis using Monte Carlo simulation in your Excel model, for desktop and web.
Use the Risk Solver App from Frontline Systems to perform risk analysis using Monte Carlo simulation in your spreadsheet -- using Excel Online in Office 365, the Excel Web App in SharePoint 2013, or desktop Excel 2013. Your simulation will be run in the cloud. This App includes key features from Frontline Systems' Risk Solver Pro add-in for Excel.
-- Point and click to insert probability distributions into cells representing uncertain inputs in your model, and set their parameters.
-- Choose from 30 different continuous distribution, from Beta to Weibull, and 8 discrete distributions, from Bernoulli to Poisson.
-- Point and click to mark cells computing results that you want to monitor during the simulation.
Click to run and in a few seconds, you'll have results from 1,000 Monte Carlo trials, with charts and statistics:
-- Frequency, cumulative and reverse cumulative histograms
-- Sensitivity (tornado) charts
-- Scatter plots
-- Summary statistics such as mean and standard deviation
-- Percentiles
Copy statistics and percentiles into a worksheet cell range with one click. You can even step through the Monte Carlo trials and see each result calculated on your worksheet.
Risk Solver App helps you go beyond what-if analysis to perform realistic risk analysis. Move from simple average-best-worst case analysis to see the full range of possible outcomes, and quantify your downside risk and upside potential. For applications in pharmaceuticals, oil and gas, finance and insurance, and manufacturing quality control, this type of risk analysis is essential.
This free App supports up to 24 uncertain inputs and 12 uncertain outputs, and 1,000 Monte Carlo trials. Simulations are performed on Frontline's backend Solver Server, running on Windows Azure. This server has a finite capacity, as currently provisioned (and paid for) by Frontline Systems, so at times there can be delays. To run simulations with more (even thousands of) uncertain inputs and outputs, and more (even hundreds of thousands of) Monte Carlo trials, please contact Frontline Systems about using Risk Solver App with Risk Solver Pro.
App capabilities
- Can read and make changes to your document
- Can send data over the Internet