Who Uses This Software?

Financial risk management solution that helps businesses of all sizes with simulation, predictive modeling, optimization and forecasting.


Average Ratings

4 Reviews

  • 5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 3.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Pricing Details
    Contact Oracle for pricing details.
  • Deployment
    Cloud, SaaS, Web
    Installed - Mac
    Installed - Windows

Vendor Details

  • Oracle
  • www.oracle.com
  • Founded 1977
  • United States

About Oracle Crystal Ball

Spreadsheet-based; for predictive modeling, forecasting, simulation, and optimization for insight into the factors affecting risk.


Oracle Crystal Ball Features

  • Compliance Management
  • Credit Risk Management
  • For Hedge Funds
  • Liquidity Analysis
  • Loan Portfolio Management
  • Market Risk Management
  • Operational Risk Management
  • Portfolio Management
  • Portfolio Modeling
  • Risk Analytics Benchmarks
  • Stress Tests
  • Value At Risk Calculation

Oracle Crystal Ball Reviews Recently Reviewed!


Brilliant Excel add-on for understanding the impact of risk and uncertainty

May 23, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

3 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The tool allows the user to work on their projects within Excel (the gold standard) and utilize the Oracle Crystal Ball tools without changing the platform. Although the UI is pretty basic, it delivers exactly what is needed to perform quick Monte Carlo simulations and sensitivity analysis.

Cons: The Excel add-on can be a little problematic from time to time but you can easily find answers on the web to back on track. The user interface is dated and the charts are basic.

Overall: I found Crystal Ball during an executive course at Wharton over 8 years ago. I have continued to use the tool ever since.

Remarkably powerful analysis tool set, many Monte carlo applications

Aug 29, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The ability to perform powerful analysis and intuitive Monte carlo simulations using the existing Excel infrastructure is exceptional.

A solid GUI that allows for rapid changes and adjustments, that once learned allows for near-real time adjustments and rapid analysis of numerous data sets, with excellent visualization of aggregated outputs.

Cons: Learning curve is steep at the very initial point, but there is excellent documentation from both Oracle and third party sources.

Ultimately, the only real capability missing would be to incorporate this capability into non-Microsoft spreadsheet tools - i.e. GoogleSheets. The majority of the limitations on ease of use for middleware of this type are really inherited constraints coming from the platform it has to run on, in this case Excel.

Overall: If you need something that falls under this application set, this is arguably the best tool on offer.

Oracle Crystal Ball Review

Mar 01, 2019
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Extremely
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Pros: It provides a means to do cost & schedule risk analysis for projects. It has a wide range of inputs/functionality that make it adaptable.

Cons: The more advanced parts of the software required a good deal of learning.

Overall: Very solid software that provides good input for project teams.

Easy to use, Extremely Useful

Sep 23, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Crystal Ball makes Monte Carlo Simulation very easy. It is impressively easy to learn and is capable of advanced finance/forecasting techniques.

Cons: The biggest challenge with Crystal Ball is understanding its inner workings before applying it to problem sets. It is crucial to understand the implications of how the software performs its calculations before use.