OR/MS Today — Industry News


Posted: 6/1/07

Frontline Systems' Risk Solver

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. Prospective users can download a free trial version at www.solver.com.

Risk Solver's interactive simulation is a big departure from older simulation products for Excel. 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. Risk Solver uses Frontline's PSI Technology to run simulations at lightning speed — making fully interactive simulation practical.

Risk Solver also departs from older products in combining simulation and optimization, to best allocate resources in the presence of uncertainty. 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 includes a "runtime package" — another departure from older simulation products for Excel. Risk Solver Engine provides over 80 Excel functions and a complete VBA object model and application programming interface that makes it easy to develop custom risk analysis applications.



Lionheart Publishing's E-books


OR/MS Today copyright © 2007 by the Institute for Operations Research and the Management Sciences.
All rights reserved.


Lionheart Publishing, Inc.
506 Roswell Road, Suite 220, Marietta, GA USA
Phone: 770-431-0867 | Fax: 770-432-6969
E-mail: lpi@lionhrtpub.com
Web URL: www.lionhrtpub.com


Web Site © Copyright 2007 by Lionheart Publishing, Inc.
All rights reserved.