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RiskEase

by RiskEase Ltd. · Since 2007
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ActiveAvailable globallyCloud
Quick facts
VendorRiskEase Ltd.
Year launched2007
StatusActive
Location5 Pelopos street, Engomi 2412, Nicosia, Cyprus
Countries servedGlobal
Languages8
Integrations1+
Free tierN/A
Free trialYES
Contact salesYES

About RiskEase

RiskEase is a risk management software from RiskEase Ltd. that provides tools for identifying, assessing, and monitoring risks across various projects and operations. It combines risk assessment templates, automated reporting, and real-time monitoring features so organizations can manage their risk exposure effectively. The platform helps users visualize potential risks and their impact on business objectives. Additionally, RiskEase supports compliance tracking and integrates with other risk analysis tools for a more comprehensive approach. Key capabilities: risk assessment templates automated reporting real-time monitoring compliance tracking integration with risk analysis tools Best for: risk managers and compliance officers that need to manage and mitigate operational risks effectively.

RiskEase is a comprehensive Microsoft Excel add-in designed to bring advanced risk analysis capabilities directly into spreadsheet-based models. Built as the successor to the earlier RiskMaster software, RiskEase enhances traditional forecasting, budgeting, financial modelling, and project appraisal workflows by integrating Monte Carlo simulation, probability distributions, and uncertainty modelling—all within the familiar Excel environment. This makes it especially valuable for professionals who rely heavily on quantitative models but need deeper insights into uncertainty and risk without shifting to more complex standalone platforms. The software is particularly useful across project appraisal, investment analysis, marketing forecasts, project management, budget planning, and economic development assessments. Its design focuses on practicality: users can model uncertain variables, apply relevant probability distributions, and instantly evaluate how risk affects outcomes. This flexibility, combined with its integration with Excel, makes RiskEase accessible to both advanced analysts and non-technical decision-makers. RiskEase Ltd supports the software with a strong ecosystem: training programs, academic resources, integrated financial models, and extensive learning materials, including books and papers by Savvakis C. Savvides, a long-standing expert in investment appraisal and risk analysis.

Pros & Cons

Pros
  • Integrates directly with Excel, allowing users to work within familiar spreadsheet models.
  • Supports probability distributions, enabling more realistic modelling of uncertainty.
  • Useful across multiple domains, from project appraisal to budgeting, forecasting, and investment analysis.
  • Strong academic foundation, backed by research and expert resources for deeper learning.
  • Provides training and support, helping users improve practical modelling skills.
Cons
  • Requires Excel to function, making it unsuitable for users wanting a standalone application.
  • May have a learning curve, especially for users unfamiliar with probability modelling or Monte Carlo methods.
  • Windows-only focus, limiting accessibility for macOS users.
  • Interface depends on Excel’s limitations, which may restrict more advanced or modern UI expectations.

Features

Key features

Microsoft Excel™ Add-In Integration- Seamlessly integrates with Excel, allowing users to perform risk analysis directly within existing spreadsheet models.
Monte Carlo Simulation Engine- Enables powerful, uncompromised Monte Carlo simulations to assess the impact of uncertainty on forecasts and model outputs.
Uncertainty & Probability Distribution Modelling- Allows users to assign probability distributions to uncertain variables for more accurate scenario evaluation.
Wide Application Across Industries- Supports project appraisal, financial budgeting, marketing forecasts, business planning, and more.
Educational & Professional Support Ecosystem- Backed by academic papers, training programs, integrated financial models, and expert-led resources.
Long-Standing Industry Credibility- Developed by a company with strong ties to global institutions and over 10,000 satisfied users.

Additional features

Excel-Based Risk Analysis Platform- Works as a native Excel add-in, enabling risk analysis without leaving the spreadsheet environment.
Monte Carlo Simulation Capability- Effortlessly runs simulations to evaluate how uncertainties affect model outcomes.
Probability Distribution Assignment- Supports using probability distributions for key variables in forecasting and quantitative models.
Multi-Disciplinary Use Cases- Useful for project management, project appraisal, marketing and sales forecasting, business planning, budgeting, and investment analysis.
Advanced Forecasting Tools- Includes tools that enhance predictive accuracy in financial and operational models.
Integrated Financial Model Support- RiskEase works alongside an integrated financial model for deeper project and investment analysis.
Executive and On-the-Job Training- Offers training programs to help users master risk analysis and improve modelling skills.
Academic & Research Backing- Supported by research papers, books, and educational content authored by industry expert Savvakis C. Savvides.
Replacement for RiskMaster- Supersedes the older RiskMaster software with improved architecture and functionality in the Master Edition.
Free Trial and Demo Materials Available- Provides demo videos, presentations, and downloadable content to help users understand the software.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
8
Interface languages
17
Billing currencies

Interface languages

EnglishSpanishFrenchGermanChineseJapaneseKoreanItalian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇭🇰HKD🇮🇳INR🇸🇬SGD🇸🇪SEK🇳🇿NZD🇰🇷KRW🇷🇺RUB🇧🇷BRL🇲🇽MXN

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