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All New
The first thing you notice when you launch @RISK is the all-new interface with total Excel integration. Browse, define, and analyse - while never leaving Excel. @RISK graphs pop-up as you browse through cells in your spreadsheet. Summary windows displaying thumbnail graphs and statistics of model components link directly to the cells they represent. Seamlessly switch between model definition and simulation results. Create and overlay graphs with drag-and-drop ease. Perform tasks with context-sensitive right-click menus.
1) MODEL …Your situation with new sharing capabilities, correlation improvements, and insurance features.
Set Up Your Model
Share model components with the @RISK Library. The new @RISK Library is a SQL database that lets you share specific probability distributions, model components, and simulation results with other @RISK users.
Collaborate with non-@RISK users.
The @RISK Function Swap lets you “swap out” @RISK functions from your spreadsheet with a single click so that @RISK models may be shared with—and edited by—other users without @RISK installed.
Compound function for insurance and finance.
Reduce your model from thousands of distributions representing frequency and severity of events to just one new Compound function.
Correlate inputs for model accuracy.
@RISK 5.0 offers dynamically updating correlation Scatter Plots, and Scatter Plots of actual simulated correlations after a simulation. Plus, setup of a correlated time series is a snap.
2) SIMULATE …Scenarios with greater control, enhanced updating, and a faster calculation engine.
Run Simulation
Illustrate with live updating.
All graphs, summary windows, and displayed results can update live, in real-time during simulation, allowing you to explain the simulation mechanics to others. A new Demo Mode provides one-click demonstration set-up.
Accurate results when you need them.
Simulations are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Plus, @RISK 5.0 fully utilises popular dual- and quad-core processors to speed up simulations.
3) UNDERSTAND …Risks you face better than ever with new graphs and reporting.
Understand Your Risks
See at-a-glance summaries with Summary Box Plots.
New Summary Box Plots quickly show the mean and percentile values of simulated outputs in a range.
Spot relationships with Scatter Plots.
For individual outputs, Scatter Plots and Scatter matrices visually depict the relationship between a simulated output and a given input distribution.
Understand critical values with Tornado Graphs – Mapped Values.
Not only can you see which variables are most important, now you can read exactly how much a change in a given input affects your bottom line—no math required.
Customise any graph, any way.
@RISK 5.0 uses a new graphing engine designed specifically for processing simulation data. Graphs can be fully customised by simply clicking on the desired graph element. Plus, a set of summary statistics is included alongside each graph.
Six Sigma reporting.
New Six Sigma property functions define USL, LSL, and Target values for simulation outputs. After simulation, new Six Sigma statistics functions return desired capability metrics like Cp, Cpk, Cpm, DPM, PNC, and many more. Six Sigma graph markers customise charts for Six Sigma reports. |
