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The Need for Speed: A performance comparison of Crystal Ball, ModelRisk, @RISK and Risk Solver

Posted by Eric Torkia on September 21, 2011 at 20:42 in Opinions

8028390298?profile=originalThere are very few performance comparisons available when considering the acquisition of an Excel-based Monte Carlo solution. It is with this in mind and a bit of intellectual curiosity that we decided to evaluate Oracle Crystal Ball, Palisade @Risk, Vose ModelRisk and Frontline Risk Solver in terms of speed, accuracy and precision. We ran over 20 individual tests and 64 million trials to prepare comprehensive comparison of the top Monte-Carlo Tools.

 

We have posted a full length PDF and the test results in Excel.

 

http://www.crystalballservices.com/Resources/ConsultantsCornerBlog/

 

I look forward to your comments and feedback!

 

Eric

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