@RISK

4.6 (12)
Write a Review!
Advanced risk analysis software for Microsoft Excel.

About @RISK

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 questions and more–right in your Excel spreadsheet.

@RISK is the flagship of Palisade’s analytics solutions, performing risk analysis using Monte Carlo simulation. It tracks and computes many different possible future scenarios, and shows you the probability of each occurring. @RISK’s analytics guide your decision-making process to achieve the optimal outcome.


Key benefits of @RISK

- Avoid pitfalls and identify opportunities
- No need to learn new applications from scratch - works right in Excel
- Solve both linear and nonlinear problems quickly and accurately
- Easily exlpain results and recommendations to others


Images

@RISK Software - Define your distribution
@RISK Software - Select an output
@RISK Software - Run your simulation
@RISK Software - Run sensitivity analysis
@RISK Software - Export results
View 6 more
@RISK video
@RISK Software - Define your distribution
@RISK Software - Select an output
@RISK Software - Run your simulation
@RISK Software - Run sensitivity analysis
@RISK Software - Export results

Not sure about @RISK? Compare with a popular alternative

@RISK

4.6 (12)
VS.

Starting Price

US$2,225.00
year
No pricing found

Pricing Options

Free version
Free trial
Free version
Free trial

Features

36
56

Integrations

No integrations found
No integrations found

Ease of Use

4.5 (12)
5.0 (5)

Value for Money

4.5 (12)
4.6 (5)

Customer Service

3.8 (12)
4.4 (5)
Green rating bars show the winning product based on the average rating and number of reviews.

Alternatives

eTHIC

4.6
#1 Alternative to @RISK
eTHIC is a software tool that helps businesses manage the ethical risks and opportunities they face in their daily...

CRISAM

4.8
#2 Alternative to @RISK
CRISAM is a cloud-based risk management software that provides businesses with tools to determine corporate risks and...

Analytica

5
#3 Alternative to @RISK
Analytica is a decision-support platform that helps people visualize problems with clarity and power beyond what is...

A1 Tracker

4.9
#4 Alternative to @RISK
New generation risk management software designed to meet complex risk reporting, metrics, & notifications to streamline...

Reviews

Overall rating

4.6 /5
(12)
Value for Money
4.5/5
Features
4.6/5
Ease of Use
4.5/5
Customer Support
3.8/5

Already have @RISK?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 12
Aniruddha
Aniruddha
Overall rating
  • Industry: Management Consulting
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 9.0 /10

Excellent software for financial risk analysis

Reviewed on 2022/06/15

It has been really great to understand stochastic processes in finance and analyse investments,...

It has been really great to understand stochastic processes in finance and analyse investments, mergers and even stocks

Pros

The infinite variety of data representation though excel functions that emulate geometric brownian motion to analyse moving finances

Cons

The UI is pretty bad since there is not a standalone software to write the code and debug

Alicia
Overall rating
  • Industry: Higher Education
  • Company size: 501–1,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Using Monte Carlo Simulation

Reviewed on 2017/04/12

Monte Carlo simulation is a very useful tool that allows the user to incorporate variability to...

Monte Carlo simulation is a very useful tool that allows the user to incorporate variability to what otherwise would be a simple spreadsheet model that uses average values. It is possible that if you use average values a project you are analysing will be profitable according to your analysis. When you incorporate variability while the expected profit is positive, can find that there is a high probability of the profit being really a loss.

@risk is a software you can use to create this type of models. It is basically an Excel add-in that will allow you to transform your Excel model into a much more versatile one. When you run your model you obtain not only a point estimate but can look the spread of the estimates. Can also identify which input variables are critical and you can also do some sensitivity analysis to look into the potential effect of one or more of the inputs changing (for example, what could happen if interest rates change).

The software is easy to use and it has an excellent manual as well as excellent online support. The company also organises on a regular basis very interesting conferences where case studies are presented by companies and these conferences are an opportunity to meet like minded people.
I have been using the software mostly for teaching but past students are using them at their workplace with great success.

Pros

Two things: documentation and the easiness to do networking which is very important for anybody who is interested on working in the area.

Cons

Would like to see more practical examples of BIG projects but I suppose many of them are property of the company that developed them.

Response from Lumivero

Thank you, Alicia, for taking the time to write this glowing review of our software! We are so appreciative of customers, like yourself, that spread the word about @RISK and Monte Carlo simulation. Your description of Monte Carlo simulation is perfect and helps to demystify it for those that aren't familiar with why Monte Carlo simulation can often times be a better option.

We have over 80,000 students a year using our software, some of which are probably your students! These students will typically enter the workforce being able to make better decisions using @RISK and Monte Carlo simulation.

Thank you, again, for your kind words and for being one of our valued users!

Adam
Overall rating
  • Industry: Biotechnology
  • Company size: 2–10 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 3.0 /10

OK product - super scammy company - watch out - auto renewal with no notice and no refund

Reviewed on 2024/07/29

Decent product - but dangerous company to be involved with.

Decent product - but dangerous company to be involved with.

Pros

Ok product. Useful for what it does. Integrates well to excel. The problem is the software vendor - not the product.

Cons

The company basically makes money like a gym membership. Hope that people forget to cancel and dont offer refunds. Customer service emails bounce. We stopped using the product and got hit with a 6k auto renewal charge. We called the day of to cancel and they told us our contract said we could only cancel 60 days prior to renewal. Huge red flag. No way to use the product without signing the auto renewal agreement and they dont send notifications prior to auto renewal.

Verified Reviewer
Overall rating
  • Industry: Insurance
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Just okay - R or Python better

Reviewed on 2022/08/11

Pros

The software integrates very easily with excel, and for an advanced user of excel, it is really easy to get the hang of. @Risk functions make it easy to calculate distributions.

Cons

@Risk is very slow when making complicated models or dealing with large datasets. R or Python would be able to process much quicker.

Sushil
Overall rating
  • Industry: Education Management
  • Company size: 1,001–5,000 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

One of the best tool for financial risk analysis

Reviewed on 2023/01/20

Pros

Good for running simulations, predicting the risk, and easy to use.

Cons

No mobile access and its UX/UI could be better.

Showing 5 reviews of 12 Read all reviews

@RISK FAQs

Below are some frequently asked questions for @RISK.

@RISK offers the following pricing plans:

  • Starting from: US$2,225.00/year
  • Pricing model: Subscription
  • Free Trial: Available

Subscription-based pricing model on a one, two, or three-year term. Price shown reflects 3-year option and must be paid upfront.

@RISK has the following typical customers:

Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

@RISK supports the following languages:

English

@RISK supports the following devices:

We do not have any information about what integrations @RISK has

@RISK offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for @RISK.