Alternatives to ModelRisk
Compare ModelRisk alternatives for your business or organization using the curated list below. SourceForge ranks the best alternatives to ModelRisk in 2026. Compare features, ratings, user reviews, pricing, and more from ModelRisk competitors and alternatives in order to make an informed decision for your business.
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1
Innoslate
SPEC Innovations
SPEC Innovations’ flagship model-based systems engineering solution can help your team reduce time-to-market, cost, and risk on even some of the most complex systems. This cloud or on-premise application uses a modern web browser, with an intuitive graphical user interface. Innoslate’s full lifecycle capabilities include: • Requirements Management • Documents Management • Modeling • Discrete Event Simulator • Monte Carlo Simulator • DoDAF Models and Views • Database Management • Test Management with full reports, status updates, results, and more. • Real Time Collaboration -
2
Hyperproof
Hyperproof
Hyperproof makes building out and managing your information security frameworks easy by automating repetitive compliance operation tasks so your team can focus on the bigger things. The Hyperproof solution also offers powerful collaboration features that make it easy for your team to coordinate efforts, collect evidence, and work directly with auditors in a single interface. Gone are the days of uncertainty around audit preparation and compliance management process. With Hyperproof you get a holistic view of your compliance programs with progress tracking, program health monitoring, and risk management. -
3
RiskyProject Professional
Intaver Institute
RiskyProject is a complete suite of project risk analysis and project risk management software in one seamless package that is easy to use, integrates with Microsoft Project, Primavera, and other scheduling and planning tools, and covers the complete risk life cycle. RiskyProject includes qualitative risk analysis and risk management as well as quantitative Monte Carlo schedule and cost risk analysis. RiskyProject also includes comprehensive Risk Register. With RiskyProject, you no longer need two or more applications to perform Monte Carlo project risk analysis and manage your project risks. They are now in one easy to use and affordable desktop software.Starting Price: $1200 one-time payment -
4
@RISK
Lumivero
From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK. @RISK helps both Fortune 100 companies and private consultancies paint a realistic picture of possible scenarios. This allows businesses to not only buffer risks, but also identify and exploit opportunities for growth. @RISK (pronounced “at risk”) is an add-in to Microsoft Excel that lets you analyze risk using Monte Carlo simulation. @RISK shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. This means you can judge which risks to take on and which ones to avoid—critical insight in today’s uncertain world. -
5
Analytic Solver
Frontline Systems
Analytic Solver Optimization - 100% upward compatible from the Excel Solver - handles every type and size of the conventional optimization problem (without uncertainty). Unlike other optimization software, it algebraically analyzes your model structure and maximally exploits multiple cores in your PC. You can solve nonlinear models 10 times larger, and linear models 40 times larger than the Excel Solver, get solutions much faster – and plug-in Solver Engines to handle up to millions of variables! Analytic Solver Simulation gives you easy-to-use, powerful Monte Carlo simulation and risk analysis, decision trees, and simulation optimization using Frontline’s advanced Evolutionary Solver. With 60 probability distributions plus compound distributions, automatic distribution fitting, rank-order and copula-based correlation, 80 statistics, risk measures and Six Sigma functions, multiple parameterized simulations and more. -
6
GoldSim
GoldSim Technology Group
GoldSim is the premier Monte Carlo simulation software solution for dynamically modeling complex systems in engineering, science and business. GoldSim supports decision-making and risk analysis by simulating future performance while quantitatively representing the uncertainty and risks inherent in all complex systems. Organizations worldwide use GoldSim simulation software to evaluate and compare alternative designs, plans and policies in order to minimize risks and make better decisions in an uncertain world. Water resources, water supply and hydrological modeling projects typically involve simulating systems made up of many component parts that are interrelated, and in some cases, poorly characterized. In most situations, the hydrological system is driven by stochastic variables (i.e., precipitation, evaporation, demand) and involves uncertain processes, parameters, and events. -
7
Risky Project
Intaver Institute
RiskyProject is a complete suite of project risk analysis and project risk management software in one seamless package that is easy to use, integrates with Microsoft Project, Primavera, and other scheduling and planning tools, and covers the complete risk life cycle. RiskyProject includes qualitative risk analysis and risk management as well as quantitative Monte Carlo schedule and cost risk analysis. RiskyProject also includes comprehensive Risk Register. With RiskyProject, you no longer need two or more applications to perform Monte Carlo project risk analysis and manage your project risks. They are now in one easy to use and affordable desktop software. Project risk analysis is a process of defining and analyzing threats and opportunities affecting project schedules. Project risk analysis helps to determine how uncertainties in project task and resources affect project scope, deliverables, cost, duration, and other parameters.Starting Price: $699 one-time payment -
8
MC FLO
MC FLOsim
Monte Carlo simulations make decisions easier - whether in the launch of a product, in the context of corporate planning, project controlling, the management of the portfolio, risk identification and more. Simulations reveal which results are more likely and where you should pay attention to maximize success. Built-in estimators, time series, automated forecasting and correlations in a visual fashion make simulations with MC FLO an easy task. MC FLO is fully integrated into Microsoft Excel for Windows and compatible with existing Excel workbooks. Easy to use, rapid model development and maximum transparency is our commitment. -
9
BlackSwan
FINARTIS
BlackSwan is an asset allocation and risk management platform from FINARTIS. Providing a range of built-in risk-related analyses, including volatility analysis, allocation analysis, metric analysis, and Monte Carlo models, the solution helps users avoid extreme events through accurate distributions and cutting-edge quantitative risk metrics. BlackSwan provides superior accuracy by using non- Gaussian distributions that help optimize asset mix in times of uncertain investment environments. -
10
FinanceIsland
FinanceIsland
Analyze return on investment (ROI) by performing discounted cash flow analysis and calculating key ROI metrics such as net present value (NPV). Identify most relevant drivers of ROI using the sensitivity chart. Model uncertainties in your analysis using Monte Carlo simulation. Save time with standardized online tools built on corporate finance principles.Starting Price: $19.00/month/user -
11
RiskAMP
RiskAMP
RiskAMP is a full-featured Monte Carlo simulation engine for Microsoft Excel®, designed to integrate seamlessly with Excel’s interface and functions. The RiskAMP Add-in offers a complete toolkit for adding risk analysis to your spreadsheet models, making it quick and easy at a fraction of the price of competing packages. With deep integration into Excel, it features an integrated ribbon toolbar, VBA scripting support, automatic charts, and graphs. RiskAMP 6 introduces new functionalities such as the PERT distribution for cost and project modeling, more than 40 random distributions including correlated multivariate ones, and automatic histogram and correlation charts. The tool supports Latin Hypercube sampling, Las Vegas simulation algorithms, and distribution fitting, along with native support for Windows on ARM. RiskAMP is compatible with Excel versions from 2013 to 365 (32-bit and 64-bit), and a browser-based risk platform called RiskAMP Web is also available.Starting Price: $16.95 per month -
12
QMSys GUM
Qualisyst
The QMSys GUM Software is suitable for the analysis of the uncertainty of physical measurements, chemical analyses and calibrations. The software uses three different methods to calculate the measurement uncertainty. GUF Method for linear models, this method is applied to linear and quasi-linear models and corresponds to the GUM Uncertainty Framework. The software calculates the partial derivatives (the first term of a Taylor series) to determine the sensitivity coefficients of the equivalent linear model and then calculates the combined standard uncertainty in accordance with the Gaussian error propagation law. GUF Method for nonlinear models, this method is provided for nonlinear models with the symmetric distribution of the result quantities. In this method, a series of numerical methods are used, e.g. nonlinear sensitivity analysis, second and third-order sensitivity indices, quasi-Monte Carlo with Sobol sequences. -
13
Portfolio backtesting simulates an investment strategy using historical data, allowing you to assess how well a portfolio would have performed in the past while analyzing risk and return. With Portfolio Visualizer, you can create and compare various portfolio models, aligning investments with financial goals. The tool supports portfolio optimization, helping users model the probability of different investment outcomes and understand the impact of risk. It also offers Monte Carlo Simulation to project future portfolio performance under various scenarios. Tactical models provide strategies based on moving averages, momentum, market valuation, and risk management for improved risk-adjusted returns. Designed to empower both individuals and institutions, Portfolio Visualizer turns sophisticated analysis into actionable insights explained by AI through text and video formats.Starting Price: $30 per month
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14
Full Monte SRA
Barbecana Inc.
About the only thing you can be certain of about a project completion date calculated by traditional critical path method (CPM) scheduling tools is that it will be wrong. Even assuming the schedule complies with best practices, contains the entire project scope, and has reasonable estimates for activity (task) durations, there is a strong likelihood the project will not be delivered on time or within budget. Why is that? Because every project is subject to uncertainty. Unfortunately, even if the original estimates are good and activity actual durations are on average close to the original estimates, a phenomenon called merge bias means that the more predecessors any given activity has, the less probable it is to start on time. This is the key reason for performing a schedule risk analysis using Monte Carlo simulation. Barbecana’s Full Monte Schedule Risk Analysis software is a very fast, easy to use,Starting Price: $1,195 one time payment -
15
Alyne
Mitratech
Alyne equips the Board, CRO’S and those stakeholders responsible for raising risks across the enterprise with an end-to-end Risk Management function. Leverage highly scalable Risk Assessments, intuitive Risk Identification and Reporting, qualitative and quantitative Risk Analysis with a built-in Monte Carlo Simulator, and much more. Whether you are at the beginning of your GRC journey, or looking to deploy next-generation governance, risk and compliance capability across your full enterprise environment, Alyne’s cross-industry capabilities are delivered in an all-in-one platform, tailored to your needs. -
16
Visyond
Visyond
Automate What-if analysis, Scenarios and Monte Carlo Simulations. Visualize your spreadsheets as interactive dashboards for forecasting and What-if analysis. Get ready-to-present What-if, Scenario, and Risk analysis reports with a few clicks. If your model’s structure or data changes – just re-run the analysis to keep it up-to-date. Create impactful presentations of your analyses and turn them into interactive ‘what-if’ calculators where viewers can play with the numbers and visualize their own forecasts (powered by your spreadsheet’s formulas). We use security best practices for our cloud offering that works in a browser. For complete control - you can get Visyond on-premise or white-label it. We put your Excel model, its formulas and interface in the cloud, automating workflows that would be difficult to achieve otherwise, while keeping things familiar. -
17
EasyPlanEx
BoraSystems
EasyPlanEx is a robust and user-friendly tool designed for assessing, optimizing, and documenting capital projects, with bilingual functionality in English and Spanish. Unlike conventional spreadsheet software, EasyPlanEx addresses five critical issues: 1. It automatically evaluates multiple scenarios rather than limiting analysis to a single project configuration. 2. It conducts risk analysis using Monte Carlo simulations, incorporating probabilities for uncertain variables instead of relying on fixed values. 3. Its modeling employs clear statements like Sales=Volume*Price, avoiding cryptic formulas prone to errors. 4. Its documentation feature and transparent modeling enhance teamwork and facilitate reviews by upper management. 5. When integrated with MultiPlanEx-DB, users can manage and query a database of projects efficiently. To support users, EasyPlanEx offers in-context help for any section, label, or option, alongside an introductory self-learning course and videos.Starting Price: US$7.5/month/user -
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MCM Alchimia
Alchimia Software
This is the latest release of the freeware application MCM Alchimia, which was developed specifically for estimating uncertainty of measurement and calibrations by Monte Carlo method consistent with JCGM 101. This release adds a complete GUM framework uncertainty budget, and, like the preceding version have support on correlated quantities and regression curves. Speed increase comparable to popular calculation and statistics software. Simulation in direct, inverse and total least squares. Custom application language through the external module. Output report with exhaustive statistical study of the simulation. -
19
Analytica
Lumina Decision Systems
BI tools provide beautiful dashboards and reports that allow users to explore patterns in historical data. And past data can lead to insights. But it can never be prescriptive. Knowledge about what could happen, especially in unprecedented situations, and how to make it happen can only be achieved with Model-Driven decision-making. Analytica is a unique visual software environment for building, exploring, and sharing quantitative decision models that generate prescriptive results. Transcend cumbersome spreadsheets. Analytica’s scalability, power, flexibility, and clarity will be a revelation. Build transparent models using Analytica in a fraction of the time needed for procedural languages like R or Python. Get insights not just numbers. Use agile modeling to create models for effective business decision-making. Estimate risk and uncertainty using efficient probabilistic simulation. Smart sensitivity analysis shows what matters and why. -
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Explorer
Risk Insights
Risk Insights Explorer is an innovative solution that supports small and medium enterprises in evaluating the uncertainties that could impact their decision-making. 4D analytics is our simple-to-use scenario approach that enables everyone to model risk by answering simply structured questions. Informed decisions can be taken because estimates are made using real measures such as cost, days, and percentage change. Any estimate that is subject to uncertainty can be better addressed with Risk Insights Explorer. Risk Connectivity is a unique innovation in understanding and addressing risk. Explorer identifies and explains risk interconnectedness and in doing so provides an essential holistic view that promotes a broader and deeper understanding of your organisations risks, and presents this in a way that is both visually engaging and immediately actionable. Risk Insights Explorer. New thinking. New Insight. -
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Lumenaut
Lumenaut
The Lumenaut Excel software Add-In features a Monte Carlo Analysis Risk simulation, a Decision Tree, and a Parametric and Non-Parametric Statistics Software Analysis package, providing a power-packed set of tools for your business, engineering, industrial or scientific analysis right in Excel. Commercial use is permitted without restriction on features. Developing Lumenaut was a challenging and rewarding experience for us, it has been satisfying to know that our software is used by thousands of people to enrich their analysis and decision-making. The sales market no longer justifies costly further investment in major development of our product and so we are offering Lumenaut to the community for their use for free. -
22
PortfolioMetrics
PortfolioMetrics
PortfolioMetrics is a web-based platform that helps you analyze and improve your investment strategy. With just a few inputs, you can simulate how a portfolio would have performed historically, compare it to benchmarks, and run deeper simulations like Monte Carlo forecasts. Whether you're a private investor, a financial advisor, or a content creator, PortfolioMetrics gives you the tools to evaluate risk and performance, optimize asset allocation, and create shareable insights. The platform supports: - Historical backtests based on real market data - Strategy comparison and benchmarking - Key metrics like CAGR, drawdowns, and Sharpe ratio - Advanced tools like Monte Carlo - Export options (PDF, CSV) and public sharing links -
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RiskTrak
RiskTrak International
RiskTrak International (RTI) enables companies to better assess uncertainties in their organization. Our software tool RiskTrak™ aids them in identification, definition, estimation and analyses of those uncertainties, which improves their competitive position. Our job starts with you: understanding what you need, so we can offer you options that make sense. RiskTrak International designs and develops software that manages all forms of business risk on a project, program, or enterprise level. We enable companies to better assess uncertainties in their organization. Our software tools aid them in identification, definition, estimation and analysis of those uncertainties, which improves their competitive position. We’re always happy to talk about how we can best serve you. RiskTrak International designs and develops software that manages all forms of business risk on a project, program, or enterprise level.Starting Price: $1495 one-time payment -
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RiskEdge
Risk Edge Solutions
Risk Edge’s “Predictive Engine” is built specifically for Commodity & Energy businesses to help you understand hidden patterns, risks, and price trends so businesses can be understood as a whole, and not just in parts! The in-built models give you a simple, never-before view of your data! RiskEdge does valuation & risk (Value-at-Risk, Expected Shortfall) calculations for all your physical and derivative positions and across counterparties. Its’ Powerful Engine delivers accurate results fast, even with computation-intensive methods like Monte-Carlo. Market Edge is an AI-driven, web-based solution to apply analytics to price data of Commodities and Energy. With Machine Learning based forecasting, advanced visualizations and loads of technical analysis indicators and their finger-tips, Market Edge gives both Traders and Risk Managers an edge over many others in the market.Starting Price: $35000 per year -
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Vensim
Ventana Systems
Vensim® is the software of choice for thousands of analysts, consultants, and researchers worldwide for building high-quality simulation models in business, scientific, environmental, and social systems. Vensim integrates into one environment a powerful suite of tools for developing, testing, interpreting, and distributing models. These tools include cause-and-effect diagramming, graphical and textual model construction, easy reproduction of model structure using subscripts (arrays), Monte Carlo sensitivity analysis, optimization, data handling, and application interfaces. Further features enable advanced model resolution and fidelity. Vensim includes patented techniques to aid error detection, error prevention, and rapid comprehension of complex results.Starting Price: $50 per month -
26
Oracle Crystal Ball
Oracle
It gives you unparalleled insight into the critical factors affecting risk. With Crystal Ball, you can make the right tactical decisions to reach your objectives and gain a competitive edge under even the most uncertain market conditions. Crystal Ball is an easy-to-use simulation program that helps you to analyze the risks and uncertainties associated with your Microsoft Excel spreadsheet models. This Spotlight is a quick overview of how Crystal Ball is used (it may take a little more than a minute!) Excel models are deterministic, which means that the inputs are fixed (one value to one cell). You can only see one solution at a time. If you want to view alternative results, you need to manually change the inputs in the model. -
27
LiveLink for MATLAB
Comsol Group
Seamlessly integrate COMSOL Multiphysics® with MATLAB® to extend your modeling with scripting programming in the MATLAB environment. LiveLink™ for MATLAB® allows you to utilize the full power of MATLAB and its toolboxes in preprocessing, model manipulation, and postprocessing. Enhance your in-house MATLAB code with powerful multiphysics simulations. Base your geometry modeling on probabilistic or image data. Use multiphysics models together with Monte Carlo simulations and genetic algorithms. Export COMSOL models on state-space matrix format for incorporating into control systems. Interface in the COMSOL Desktop® environment enables the use of MATLAB® functions while modeling. Manipulate your models from the command line or script to parameterize the geometry, physics, or the solution scheme. -
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Monte Carlo
Monte Carlo
We’ve met hundreds of data teams that experience broken dashboards, poorly trained ML models, and inaccurate analytics — and we’ve been there ourselves. We call this problem data downtime, and we found it leads to sleepless nights, lost revenue, and wasted time. Stop trying to hack band-aid solutions. Stop paying for outdated data governance software. With Monte Carlo, data teams are the first to know about and resolve data problems, leading to stronger data teams and insights that deliver true business value. You invest so much in your data infrastructure – you simply can’t afford to settle for unreliable data. At Monte Carlo, we believe in the power of data, and in a world where you sleep soundly at night knowing you have full trust in your data. -
29
Provisian
Provisian
Provisian makes it easy to build a financial plan, manage risk, and communicate financial advice, all from a unified platform. Simulate market conditions to manage risk and make informed decisions. Seamlessly integrate Provisian with over 11,000 financial institutions. A comprehensive platform to collaborate with clients and track performance. A responsive team at your fingertips, available whenever, wherever. Stay connected to clients with a comprehensive financial profile, designed to predict outcomes, minimize risks, and enable more intelligent decisions. Simplify client communications with a centralized portal and intuitive reporting. Design an investment strategy tailored to your client's risk profile and objectives. Visualize and control the assumptions that drive each projected outcome. Perform Monte Carlo simulations and make informed financial decisions. Run thousands of cutting-edge simulations to identify the most probable outcomes.Starting Price: $75 per month -
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PORTAX After-Tax Portfolio Analysis
PortaxSoftware
After-Tax Portfolio Optimization and Asset Allocation. Multiple Period Investment Horizons with Per Period Results: Asset Weight, Market Value, Cost Basis, Cash Flows, Management Fee, Turnover, Taxes and After-Tax Returns for each Asset. Analysis of up to 100 assets and 120 periods. Period intervals range from Daily to Annual. Sub Portfolios for Modeling Different Tax and Ownership Structures. International Asset Class Return Series for Forecasting Model Inputs. Monte Carlo Simulation for Constructed Portfolios. What If Portfolios for Creating and Comparing Custom Portfolios. International Currencies and Tax Rates for Modeling Around the World. Economic Cycles and Shifts Modeling with time varying asset returns and standard deviations. Extensive Private Branded Client Reporting.Starting Price: $49 per user per month -
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RASON
Frontline Solvers
RASON (RESTful Analytic Solver Object Notation) is a modeling language and analytics platform embedded in JSON and delivered via a REST API that makes it simple to create, test, solve, and deploy decision services powered by advanced analytic models directly into applications. It lets users define optimization, simulation, forecasting, machine learning, and business rules/decision tables using a high-level language that integrates naturally with JavaScript and RESTful workflows, making analytic models easy to embed into web or mobile apps and scale in the cloud. RASON supports a wide range of analytic capabilities, including linear and mixed-integer optimization, convex and nonlinear programming, Monte Carlo simulation with multiple distributions and stochastic programming methods, and predictive models such as regression, clustering, neural networks, and ensembles, plus DMN-compliant decision tables for business logic.Starting Price: Free -
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Sharpee
Sharpee
Sharpee is a portfolio backtesting platform tailored for European investors, combining powerful quantitative analysis with an intuitive and accessible interface. Designed to be user-friendly even for those without a technical or financial background, Sharpee allows users to backtest portfolios including ETFs, stocks, and cryptocurrencies. The platform provides in-depth insights through key performance and risk metrics like Sharpe ratio, Sortino ratio, beta, rolling returns, Monte Carlo simulations, factor analysis, efficient frontier, as well as geographic and sector diversification. Moreover, Sharpee includes a dedicated bond screener for fixed income securities, offering advanced filtering options based on maturity, yield to maturity (YTM), coupon type, issuer, and other key parameters. -
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TracePro
Lambda Research Corporation
Combines Monte Carlo ray tracing, analysis, CAD import/export, and optimization methods with a complete and robust macro language to solve a wide variety of problems in illumination design and optical analysis. Using TracePro’s user-friendly, 3D CAD interface you can create TracePro models by importing lens design or CAD files, or by directly creating solid geometry. TracePro uses a true solid modeling engine to ensure consistent and robust models. TracePro’s ray tracing engine is fast and accurate. Exact ray tracing to all surfaces even imported splines ‒ no missed intersections or “leaky” rays. Analysis Mode ray tracing, unique to TracePro, is a very powerful capability that creates an interactive environment. With Analysis Mode you can analyze every surface and object both visually and quantitatively. -
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SigmaXL
SigmaXL
SigmaXL was designed from the ground up to be a cost-effective, powerful, but easy to use tool that enables users to measure, analyze, improve and control their service, transactional, and manufacturing processes. As an add-in to the already familiar Microsoft Excel, SigmaXL is ideal for Lean Six Sigma training or use in a college statistics course. Version 9 adds Time Series Forecasting and advanced control charts. Click here to view the features available in SigmaXL! Automatic removal of extreme VIF or collinear terms (with alias and removal report) Specify interactions, quadratic and higher orders (all interactions or up to 3-Way). ANOVA Type I and/or Type III Sum-of-Squares with Pareto of Percent Contribution and Standardized Effects. Lenth Pseudo Standard Error for Saturated Models (Orthogonal or Non-Orthogonal) with Monte Carlo or Student T P-Values. White robust standard errors for non-constant variance (Heteroskedasticity-Consistent).Starting Price: $249.00/one-time/user -
35
DecisionTools Suite
Lumivero
No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take the guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions, right in your Excel spreadsheet. The DecisionTools Suite is an integrated set of programs for risk analysis and decision-making under uncertainty. DecisionTools Suite software integrates seamlessly with Microsoft Excel. Our innovative software solutions create usable insights from uncertain situations. As the leading provider of risk and decision analysis software for three decades, Palisade enables companies and organizations to evaluate risk at any level and decide what step comes next. With offices around the world, Palisade offers a truly global presence. We are proud of our global team, and our ability to offer sales and technical support for Palisade software. -
36
DM20.ai
DirectMail2.0
DM20.ai is an AI-powered predictive analytics and campaign optimization platform built specifically for the direct mail marketing industry that helps advertisers model, analyze, and improve their mail campaigns before committing to spend on printing and postage. It uses machine learning and explainable AI to benchmark user-input campaign plans (such as audience, format, creative elements, and dates) against thousands of similar historical direct mail campaigns in a proprietary database, then generates predictive performance insights and actionable recommendations tailored to direct mail nuances, including expected response ranges, strategic adjustments, and key factors driving outcomes. By combining techniques like feature engineering, ensemble modeling, and Monte Carlo simulation, DM20.ai produces human-readable optimization guidance that empowers marketers to refine offers, formats, and timing for better ROI.Starting Price: $79/month -
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Energer
Energer
With this innovative system, you can plan, manage and track all your project tasks in one flexible platform Say goodbye to juggling through multiple tools and hello to easy and streamlined project management. The app features a real-time dashboard that provides a quick overview of the project's progress and status. Users can also create custom reports, analyze resource usage, and even run Monte Carlo simulations to project completion dates. The app features a real-time dashboard that provides a quick overview of the project's progress and status. Users can create custom reports, analyze resource usage, and even run Monte Carlo simulations to project project completion dates. The app's intuitive interface and user-friendly design make it easy for teams of all sizes to get started quickly. we've designed our app to be highly customizable and flexible. Whether you're managing a small project or a large-scale initiative, our tool has the features you need to get the job done right.Starting Price: $0 -
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Comcore
ComFin Software
Comcore enables central capture and management of all of the key components of both physical and paper (OTC, exchange) commodity trades. The Risk Management functions include • Mark-to-Market valuations of open physical trades (crude oil, refined petroleum products, petrochemicals, base metals, concentrates, precious metals, agricultural products) and derivatives • Exposure and PnL reporting • Value-at-Risk (parametric, historical, and Monte Carlo) • Trading Limits • Credit risk The back office functionality includes invoice generation/management, Profit & Loss reporting (both actual and projected), automatic notifications, and flexible reporting. Comcore can be integrated with 3rd party applications like ERP systems, accounting systems, or even other CTRM systems. -
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VisualMvo
Efficient Solutions
Efficient Solutions (Effisols.com) offers portfolio optimization software for investment professionals and sophisticated personal investors. Their tools include VisualMvo and MvoPlus for single- and multi-period mean variance optimization, and MCRetire, a Monte Carlo retirement simulator. These applications help users design optimal investment portfolios and assess long-term financial planning strategies, all supported on Windows systems. -
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HighPeak
HighPeak
HighPeak’s platform equips financial advisors with AI-powered tools that deliver precise, predictive longevity insights and accurate healthcare cost modeling, integrating seamlessly into advisory workflows. Backed by over 30 million medical claims, 100 million prescription records, and more than 90% accuracy, it offers robust predictive tools tailored to meet each client's unique needs. Core features include individualized predictions on longevity, medical expenses, and long-term care costs; advanced financial simulations with scenario planning and Monte Carlo analysis; cost breakdowns across medical, prescription, and care scenarios; and an AI Copilot to assist advisors in interpreting data and optimizing health-cost projections over time. It also supports flexible data exporting and API integrations, enabling seamless incorporation into existing software ecosystems. -
41
PathWave RFIC Design
Keysight Technologies
Go beyond traditional RF simulation to design, analyze, and verify radio frequency integrated circuits (RFICs). Achieve confidence with steady-state and nonlinear solvers for design and verification. Wireless standard libraries accelerate the validation of complex RFICs. Before taping out an RFIC, verification of IC specifications via RF simulation is a must. Simulations include effects of layout parasitics, complex modulated signals, and digital control circuitry. With PathWave RFIC Design, you can simulate in both the frequency and time domain and bring your designs to and from Cadence Virtuoso. Accurately model components on silicon chips. Optimize designs with sweeps and load-pull analysis. Integrate RF designs in the Cadence Virtuoso environment. Increase performance using Monte Carlo and yield analysis. Simplify debugging with safe operating area warnings. Utilize the latest foundry technology immediately. -
42
DPL Enterprise
Syncopation
DPL Enterprise contains all the features of DPL Professional plus key features to develop custom decision support systems. DPL Enterprise supports database links so you can ensure quality and consistency across projects and an API to control DPL from other programs -- so common tasks can happen at the press of a button. Do you have a corporate repository for project data, cost data, or other key data inputs? Use database links to populate your DPL models so you always have the latest numbers. Projects are often interrelated. The outcome of one project may have an impact on another but modeling all the detail of the initial project in the analysis of the subsequent project isn't feasible. Use Risk Profile Reduction to reduce a complete distribution of an uncertain outcome to an uncertainty with a few discrete outcomes for use in another model while preserving the rigor of the complete model.Starting Price: $2,390 one-time payment -
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RFPro Circuit
Keysight
Go beyond traditional RF simulation to design, analyze, and verify radio frequency integrated circuits (RFICs). Achieve confidence with steady-state and nonlinear solvers for design and verification. Wireless standard libraries accelerate the validation of complex RFICs. Model components on silicon chips accurately. Optimize designs with sweeps and load-pull analysis. Simulate RF designs in the Cadence Virtuoso and Synopsys Custom Compiler environments. Increase performance using Monte Carlo and yield analysis. Assess error vector magnitude (EVM) for the latest communication standards early in the design phase. Use the latest foundry technology immediately. Monitoring system IC specifications such as EVM via RF simulation early in the RFIC design phase is a must. Simulations include effects of layout parasitics, complex modulated signals, and digital control circuitry. With Keysight RFPro Circuit, you can simulate in both the frequency and time domain. -
44
R3
OGRE Systems
We enable operators, including banks, consultants, national oil companies and government agencies to simply, accurately and efficiently manage their assets. Easily compute your reservoir volumes and create accurate production forecasts with R3’s industry leading suite of decline curve tools. Understand risks generated by your development plans and optimize your cash flow with stochastic analysis using our Monte Carlo probabilistic simulator. Effortlessly generate structured SEC, PRMS, government or customized reports. Advanced tools for the user to perform decline curve analysis; Thoughtful features like shortcut keys and template customization will boost the evaluation efficiency of our users. Generating reliable and customizable Reserves Report and Interactive Visual Analytics Storyboard. R3 Economics is the core product of our modular based system. -
45
Rivial Data Security
Rivial Data Security
The Rivial platform is an all‑in‑one, end‑to‑end cybersecurity management solution designed for busy security leaders and vCISOs, delivering continuous real‑time monitoring, quantifiable risk, and seamless compliance across your entire program. Assess, roadmap, monitor, manage, and report, all from one intuitive, customizable single pane of glass with easy‑to‑use tools, templates, automations, and thoughtful integrations. Upload evidence or vulnerability scan data in one place to auto‑populate multiple frameworks and update posture in real time. Its algorithms use Monte Carlo analysis, Cyber Risk Quantification, and real‑world breach data to assign accurate dollar values to risk exposures and predict financial losses, so you can speak to the board in hard numbers, not vague “high/medium/low” ratings. Rivial’s governance module includes standardized workflows, alerts, reminders, policy management, calendar functions, and one‑click reporting loved by boards and auditors. -
46
Protecht ERM
Protecht Group
While others fear risk, we embrace it. With offices in Los Angeles, London and Sydney, Protecht redefines the way people think about risk management. We help companies increase performance and achieve strategic objectives by better understanding, monitoring and managing risk. Protecht provides an integrated platform of risk management, compliance, training and advisory services to businesses that need to manage enterprise risks and regulatory compliance. In North America, Protecht solutions focus on banks, credit unions and financial institutions. With the Protecht ERM platform - no-code, integrated GRC software - you can manage all enterprise risks in a single place: - Dashboard summaries of Key Risk Indicators (KRIs), Key Control Indicators (KCIs), and Key Performance Indicators (KPIs) - Vendor risk (VRM & TPRM) - Cyber, IT, ISMS, and privacy risk - Model & AI risk - BCM - Risk assessments, RCSA, risk registers - Compliance management - Incidents, issues, policies -
47
Risk Radar
MITRE
Risk Matrix (as well as more information on RiskNav and Risk Radar) is available in the Systems Engineering Practice Office (SEPO) Risk Management Toolkit. Although Risk Matrix is available for public release, support is limited to downloadable online documentation. Government programs sometimes implement a combined government/contractor risk management process that uses tools provided by the contractor. Multiple major government contractors have developed in-house risk management applications. Many applications are comparable to available MITRE and commercial tools and effectively support program risk management. Many smaller programs use Microsoft Excel or Access customized risk management tools. Some customized solutions meet the tool selection criteria outlined earlier. This is important when considering a customized solution that meets the needs of the program being supported. -
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Invantive Estate
Invantive
The real estate software Invantive Estate offers an integral project overview to your project managers. Invantive Estate aims to bring together all parties involved for the financial back-up, development, successful hand over and maintenance of real estate projects. The software supports you during the development of real estate projects from small projects to large scale (re) developments and from the early planning phase to aftercare and maintenance. To support all your development needs Invantive Estate supports the integral management of planning, contracts, risks and of course costs. With these features Invantive Estate allows you to easily develop your plan, execute Monte Carlo analyses, monitor the costs and revenues and calculate the end of project forecast. The advantage of this is that you have all the necessary insights to provide financial back-up of and control over your projects. -
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KRC
KEISDATA
KRC® is an innovative, multi-language and multi-culture IT platform, which revolutionizes the way of managing and assessing business risks, exploiting the skills of the various company representatives, facilitating teamwork and helping to share knowledge up to at the decision-making stages. KRC® is an integrated management system in which the processes of the thematic areas of the sustainability path, the ERM applied to all types of risk, the Organizational Model and other specific sector regulations have been engineered. -
50
OptSim
Synopsys
Synopsys OptSim is an award-winning photonic integrated circuit (PIC) and fiber-optic system simulator that enables engineers to design and optimize photonic circuits and systems. It offers state-of-the-art time- and frequency-domain split-step algorithms, providing a native photonic-domain environment for accurate simulations. OptSim can function as a standalone solution with its own graphical user interface or integrate into the OptoCompiler Photonic IC design platform. When integrated with OptoCompiler, OptSim supports electro-optic co-simulation with Synopsys PrimeSim HSPICE and PrimeSim SPICE electrical circuit simulators, and seamlessly integrates with the PrimeWave Design Environment for advanced simulation, analyses, and visualization, including parametric scans, Monte Carlo, and corner analyses. The software includes extensive libraries of photonic and electronic components and analysis tools, and supports numerous foundry process design kits (PDKs).
