Risk Solver includes a “runtime package” – another departure from older simulation products for Excel. It works closely with Frontline’s Premium Solver Platform, giving users access to 12 of the world’s best optimizers for every class of problem, and solving simulation optimization problems hundreds of times faster. Risk Solver also departs from older products in combining simulation and optimization, to best allocate resources in the presence of uncertainty. Risk Solver uses Frontline’s PSI Technology to run simulations at lightning speed – making fully interactive simulation practical. Each time a user changes a number on the spreadsheet, a simulation with thousands of trials is performed – often in no more time than a single spreadsheet recalculation – and the full range of simulation results and statistics may be displayed. Prospective users can download a free trial version at Risk Solver’s interactive simulation is a big departure from older simulation products for Excel. Frontline Systems, developer of the Excel Solver and leading-edge optimization software, is now offering leading-edge simulation software for Excel with its newly released Risk Solver, a tool for risk analysis of business models using high-speed, fully interactive Monte Carlo simulation.
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