Risk & uncertainty
From its inception, Analytica was designed to analyze risk and uncertainty — unlike spreadsheet applications which require special add-ins. Analytica’s fully integrated features for sensitivity analysis, scenario analysis and Monte Carlo simulation make it remarkably simple to treat risk and uncertainty in your models. Here are some examples of how organizations are using these methods.
Standard deviation for normal people
Standard deviation (SD) is a mathematical way of indicating what is normal or what is exceptional. Some people get very creative with the concept. Applications include anything ...
Monte Carlo simulation in finance
‘Don’t take a personal investment or retirement financing decision before we’ve done Monte Carlo modeling for you!’ When you think that Monte Carlo methods started as a way to ...
Risk assessment in business continuity
Risk assessment is often cited as a key part of business continuity planning: the discipline of ensuring an organization can keep on working in the face of adversity.
Risk analysis using FRAP: is it just silo thinking?
FRAP or the Facilitated Risk Analysis Process aims to get conclusions about risks quicker. It involves a group of subject matter experts and a facilitator, which gives it ...
Some Analytica customers
