Deloitte Uses @RISK to Advise Clients on Risk-Heavy Insurance Partnerships

The insurance business is inherently risky—so much so, that many companies in that sector are finding ways to side-step some of its trickiest aspects. This adds a layer of complexity that requires careful risk assessment and decision making for those who are ultimately liable when the claims do come in. Global consultancy Deloitte uses @RISK […]

@RISK Models Public Transit Expansion in Edmonton, Alberta

The Canadian city of Edmonton, Alberta, is expanding their public transportation, known as the Light Rail Transit (LRT) system, from just one line to a network that connects all sectors of the city. Of course, projects like these are expensive—anywhere from $200-$800 million—and come with considerable uncertainty. To deal with this, the City brought on […]

NeuralTools Nets More Dollars for Business Financing Firm

Lending companies are only able to make a profit if their clients pay back their loans. But how do you know which client to lend to? And how much to lend? These are the type of questions that can make or break a financing firm, and that’s why Business Backer, a lending firm for small […]

Major Corporations Lack Risk Management Strategies

Even the largest and most successful businesses have something to learn when it comes to managing risk. “Companies are working harder to identify potential risks to their business, but many still fail to incorporate those risks into strategic plans or inform the board of directors,” writes Wall Street Journal senior editor Emily Chasan. In her article […]

Managing and measuring risk in enterprise projects is critical to effective management of funds and outcome

The concept of risk analysis and management has been around for many years, however it still isn’t executed well.  Laurits Søgaard Nielsen, CEO at Visual Reporting believes the methodology behind assessing the risk in business projects needs to urgently be re-evaluated across enterprises in all industries to help them assess their risks more accurately.  Indeed, his […]

Free Webcast tomorrow: Business Forecasting and Simulation

Business Forecasting and Simulation using @RISK & The DecisionTools Suite, Part 1 Glen Justis, Experience on Demand 10 July 2014, 11am EDT Register Now – free registration Business Forecasting and Simulation using @RISK & The DecisionTools Suite is a three-part series covering leading practices in the use of Monte Carlo-based models and simulations to improve […]

@RISK and RISKOptimizer Help Manage Decisions around Debt Portfolios and Capital Investments

When faced with multiple kinds of debt instruments or exclusive capital investments, how can an analyst make a decision that maximizes reward but minimizes risk? Emmanuel Donkor, a quantitative analyst and faculty member of the School of Engineering and Applied Sciences (SEAS) at George Washington University addressed these complicated problems, using Palisade software @RISK and […]

@RISK and DecisionTools Suite 6.3 Now Available

No charge for current maintenance holders Palisade is pleased to announce the release of @RISK 6.3 and DecisionTools Suite 6.3, available now for immediate download. The DecisionTools Suite is the world’s only integrated set of risk and decision analysis programs, and 6.3 is an important maintenance release that provides valuable improvements and fixes. At Palisade, we strive […]

Hold the Fish ‘n Chips–Risk Analysis in UK Study Focuses on Food Poisoning

There are more than 500,000 cases of food poisoning each year in the UK, according to a recent article in Food Quality News that discusses findings from a report from the UK Food Standards Agency (FSA). This study used Monte Carlo simulation and a Bayesian approach to model and estimate the burden of foodborne disease […]

Palisade Software Helps Major Electronics Retailer Save Millions

A major electronics retailer was in trouble—their financial services department was near extinction, and needed to find a way to create greater savings.  As a solution, they looked at increasing the issuance and utilization of its private label credit card (PLCC) to offset some of the nearly $370 million in annual interchange fees (the transaction […]