Risk Kit
Fast risk analysis. Strong decisions. In Excel.
Risk Kit brings Monte Carlo simulation into your Excel: assumptions become ranges, gut feeling becomes control.
Software for decision-oriented risk management. Used by leading companies worldwide.
Why Risk Kit for risk analysis?
Your calculations already live in Excel. Risk Kit turns them into risk models. You get from assumption to decision quickly and without complications.
01
Build robust risk models in Excel.
Determine which drivers of your calculation are uncertain, such as costs, demand, prices, or individual risks, and describe their variation with ranges and suitable distributions.
02
SimulationSimulate and quantify uncertainty.
Define the target metrics of your calculation, whether that is the total loss from risks, the return on an investment, or the duration of a project, and simulate your model at the click of a button with many thousands of runs.
03
Gain insights that support decisions.
Typical charts, sensitivities, and risk measures show how likely you are to reach your goals and which factors truly drive the result.
Use cases
What are you calculating in Excel right now?
Enterprise risks, business plans, credit portfolios, commodity prices: almost everything that gets calculated is uncertain. Risk Kit turns your calculation into a risk model, no matter the discipline.
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Enterprise risk management
Combine individual risks into an overall risk distribution, with probabilities of occurrence, loss amounts, and dependencies. This produces robust statements on risk-bearing capacity and risk capital.
We are happy to show you Risk Kit live on your own use case.
Videos
Risk Kit in action.
The key fundamentals in just a few minutes.
Monte Carlo simulation in Excel
In under 5 minutes
Sensitivity analysis in Excel
In under 4 minutes
See for yourself: try Risk Kit free for 30 days.
“With Risk Kit and the accompanying coaching from Wehrspohn, we can develop our own risk models […] in an overall package with an excellent price-performance ratio.”
Max Fößel & Simon Hein
DATEV eG
“Through Risk Kit and our collaboration with Wehrspohn, we leverage synergies that allow us to develop and implement ready-to-use risk models together with our clients in a short time.”Florian Wolsiffer
Big Four consulting firm
“[…] With Risk Kit, we have taken our risk management to a new level and brought the company safely through the crisis.”
Tobias Rinke
Commercial Managing Director
“[…] For demanding individual risks, we use Risk Kit. The assessments go far beyond simple three-point assumptions and feed directly into our central risk management. […]”
Boris Riese
Head of Internal Audit & Risk Management
Sebastian Lensmann
Senior Risk Manager
“At GovSol, we use Risk Kit in the classic way to capture and assess risks appropriately, both in individual subsidiaries and across entire group structures. […]”
Holger Tietz
Managing Director
Prof. Dr. Josef Scherer
Managing Director
Comparison
Simply more included in comparison.
Core features
Other tools
Risk analyses with Monte Carlo simulation directly in Excel
Excellent expert support available
Comprehensive support and video tutorials on YouTube
Financial data feeds (ECB, Fed) and R integration included
Bottom line:
Same foundation, different scope.
Simulation plus ecosystem.
Just the simulation.
Artificial intelligence
Ready for the age of AI.
Risk models increasingly emerge in dialogue with AI assistants. Risk Kit is compatible with the common AI assistants that work in Excel. And we are currently developing the Wehrspohn Model Designer: our own AI assistant that makes building risk models simple and intuitive.
Copilot for Excel
Risk Kit is compatible with Copilot: models can be built and extended in dialogue.
Claude for Excel
Risk Kit is compatible with Claude: models can be built and extended in dialogue.
In development
Wehrspohn Model Designer
Our own AI assistant makes developing risk models simple and intuitive.
Would you like to use Risk Kit together with AI assistants? Get in touch with us and we will show you how the integration works.
Highlights
What sets Risk Kit apart day to day.
The best way is to see for yourself: in a personal demo, or with the free 30-day trial.
Extensions
Get even more out of Risk Kit.
Risk Kit R and Risk Kit Data extend Risk Kit with statistical analyses and up-to-date data. Both extensions are free.
Free extension for statistical analyses
Risk Kit R
- Present sophisticated statistical analyses right in Microsoft Excel
- Supports numerous data types from the R programming language
- With extra functions for automated calculations
Free extension for financial data and social statistics
Risk Kit Data
- Provides access to financial data and social statistics from various sources, including data from the European Central Bank (ECB)
- Dynamic connection and automatic updating of data with your Excel models
- User-friendly interface
See for yourself.
In a personal demo, we show you exactly what you want to see: Risk Kit right in Excel, from building a risk model through Monte Carlo simulation to evaluating the results. Just tell us in advance what interests you, and we will prepare the demo accordingly.
- You see Risk Kit live in action in Excel.
- We answer your questions directly in Excel.
- You learn how Risk Kit fits your use cases.
- The demo is without obligation.