# ModelRisk Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about ModelRisk Software - reviews, pricing plans, popular comparisons to other Financial Risk Management products and more.

Source: https://www.capterra.com/p/160135/ModelRisk/alternatives

---

# 

 ModelRisk Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on December 10, 2025

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews)

ModelRisk

## What is ModelRisk?

ModelRisk is Monte Carlo simulation software for risk analysis in Excel. ModelRisk replaces uncertain values in Excel models with probability distributions to run simulations that quantify risk and uncertainty. It provides comprehensive statistical and graphical analysis of simulation results.

## What is ModelRisk used for?

[Financial Risk Management](https://www.capterra.com/financial-risk-management-software/)

Overall rating

Based on 4 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Contact vendor  
for pricing

Free trial  
available

Capterra Shortlist charts the highest-rated and most popular products...

Our "Best of" badge program showcases products with the highest ratings...

Our "Best of" badge program showcases products with the highest ratings...

Do you work for ModelRisk?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=http://www.vosesoftware.com/&name=ModelRisk)

## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### ModelRisk

4.5 (4)

VS.

[4.9 (121)](https://www.capterra.com/p/245922/Eleven/reviews/)

Starting Price

Contact vendor

Starting Price

$35

Flat Rate, Per Month

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

4.8 (4)

Ease Of Use

4.9 (137)

Value For Money

4.8 (4)

Value For Money

4.8 (104)

Customer Service

4.5 (4)

Customer Service

4.9 (103)

## ModelRisk alternatives

[4.2 (1,991)](https://www.capterra.com/p/135757/NetSuite/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

85%

of reviewers

rated it above 4 stars

[4.9 (14)](https://www.capterra.com/p/10021163/Flagright/#reviews)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

100%

of reviewers

rated it above 4 stars

[D&B Finance Analytics](https://www.capterra.com/p/202723/D-B-Finance-Analytics/)

[4.5 (137)](https://www.capterra.com/p/202723/D-B-Finance-Analytics/reviews/)

Starting price

$1200.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

91%

of reviewers

rated it above 4 stars

[Learn More](https://www.capterra.com/p/202723/D-B-Finance-Analytics/)

[PayPal](https://www.capterra.com/p/207944/PayPal/)

[4.6 (26,283)](https://www.capterra.com/p/207944/PayPal/reviews/)

Starting price

$0.29

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

94%

of reviewers

rated it above 4 stars

[Learn More](https://www.capterra.com/p/207944/PayPal/)

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Operational Risk Management

Manage risk that occurs from systems failure or inadequate processes

Portfolio Analysis

Measure and assess the performance of investments

Portfolio Management

Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk

Reporting/Analytics

View and track pertinent metrics to find patterns and gain insights from data

Risk Analysis

Analyze potential risks across the organization

Risk Assessment

Initiate collection and analysis of known risks

ModelRisk 7 features

Manage risk that occurs from systems failure or inadequate processes

Measure and assess the performance of investments

Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk

View and track pertinent metrics to find patterns and gain insights from data

Analyze potential risks across the organization

Initiate collection and analysis of known risks

Develop potential scenarios to identify risks and opportunities

Get Advice

We can help you find the software with the features you need.

Features

5.0 (4)

5.0

Based on 4 reviews

## Pricing

Value for money

4.8 (4)

### Starting price

Contact vendor  
for pricing

Free trial  
available

Value for money

4.8 (4)

4.8

Based on 4 reviews

Connect with a Capterra advisor for a free 15-minute consultation

Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs.

## Support, customer service and training options

Customer Service

4.5 (4)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

4.5 (4)

4.5

Based on 4 reviews

## User reviews

Overall rating

4.5

Based on 4 reviews

Filter by rating

5(2)

4(2)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

AU

Anonymous User

Consultant

Insurance

### "Modelrisk Review"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

3.0

3.0

Likelihood to Recommend

9/10

January 24, 2019

Modelrisk provides a good framework for performing complex simulations without requiring manual coding. I use it primarily for modeling weather derivatives and am satisfied with capabilities.

Pros

Excel plugin. Integrates well with Excel. The GUI is excellent. Most of the functions are very intuitive. The automated distribution fitting is very useful. Employs copula correlations which are more advanced than correlation matrices. Employs nice reporting functions which can display both input and output data and graphics as well as input/output tornado, scatter and spider plots. Has good built in report export.

Cons

Support is technically good, but support response is spotty. Modelrisk locks up occasionally, but that could be my configuration, i.e. I have a lot of other plugins as well as other things running in the background.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

MZ

Max Z.

Sr.Engineer

### "Business Analytics Grad Student"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

0/10

September 25, 2017

Pros

The software is very helpful and easy to use for a variety of models. I used it for DCF risk valuation.

Cons

My only dissatisfaction is the lack of Mac OS compatibility, so I had to run a VM for Win which is sub-optimal.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

IP

Iain P.

Head of Oil and Gas Consultancy

Financial Services

### "One of the most powerful and flexible tools of this kind available, with well-considered feature set"

5.0

Overall Rating

5.0

5.0

Ease of Use

4.0

4.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

September 20, 2017

Statistical analysis and excellent support for developing models for analysing uncertainty; actuarial experience analysis, project decision analysis, capital management, valuation and risk pricing for ourselves and for clients.

Pros

Wide range of pdfs available, integration and aggregation functions are very useful for insurers. Good graphics, and interoperability especially ability to import data and export results.

Cons

Can be tricky to use, and a lot of prior knowledge is assumed regarding topics such as "objects" and "functions" - should be friendlier for users who do not have a background in software development. It would be good to see some additional functions; numerical differentiation, better interpolation utilities, and the ability to "fit" PERT and ModPERT distributions which would be useful for actuaries even if mathematically unusual. There are bugs in the Copula reporting utilities.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

HV

Hein v.

Senior scientist and consultant

Food & Beverages

### "I switched from @Risk to ModelRisk within a few days of testing"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

September 19, 2017

Better models that are easy to desing

Pros

Great overviews of input and output pdfs and sensitivity analyses ( spider plot). Some product and other complex functions explained well and easy to use.

Cons

You have to type Vose everytime you want to use a function. Customer service is great and a genius as well as a good teacher. But I don't want to think of him all the time :-)

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

Independent research methodology

Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology.

[Learn more](https://www.capterra.com/resources/proprietary-data-research/)

How Capterra verifies reviews

Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI.

[Learn more](https://www.capterra.com/resources/how-we-verify-reviews/)

How Capterra ensures transparency

Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider's website.

[Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/)