Software Alternatives, Accelerators & Startups

Risk Solver VS SQL*XL

Compare Risk Solver VS SQL*XL and see what are their differences

Risk Solver logo Risk Solver

Risk Solver provides Instant, interactive risk analysis in Excel, with lightning-fast simulations...

SQL*XL logo SQL*XL

SQL*XL provides a bridge between databases and Microsoft Excel. With SQL*XL you have a single SQL interface to all your databases.
  • Risk Solver Landing page
    Landing page //
    2022-06-13
  • SQL*XL Landing page
    Landing page //
    2023-07-12

Risk Solver features and specs

  • Comprehensive Functionality
    Risk Solver offers a wide range of functionalities including optimization, simulation, decision trees, and sensitivity analysis, making it a comprehensive tool for risk analysis and decision-making.
  • Excel Integration
    Integrates seamlessly with Microsoft Excel, allowing users to leverage familiar interfaces and existing Excel data for analysis, which increases usability and accessibility.
  • User-Friendly
    Risk Solver is designed to be intuitive, even for those who are not data scientists, enabling users to create models and run simulations with minimal technical expertise.
  • High Performance
    Utilizes advanced algorithms that allow users to perform complex simulations and optimizations swiftly and efficiently, enhancing productivity.
  • Scalability
    Capable of handling models of varying sizes, from small spreadsheets to large business models, providing flexibility in usage across different project scales.

Possible disadvantages of Risk Solver

  • Cost
    Risk Solver can be expensive, especially for smaller businesses or individual users, which may limit accessibility for those with budget constraints.
  • Learning Curve
    Despite its user-friendly design, some users may experience a learning curve, especially those new to risk analysis or unfamiliar with advanced Excel functions.
  • Resource Intensive
    Complex models and large-scale simulations can be resource-intensive, potentially leading to slower performance on less powerful computers.
  • Excel Dependency
    Being heavily reliant on Excel, users might encounter limitations imposed by Excel itself, such as row or column constraints, impacting very large datasets.
  • Limited Standalone Capabilities
    The tool's capabilities are largely limited to being an add-in for Excel, which could be a disadvantage for users seeking standalone applications or platforms.

SQL*XL features and specs

No features have been listed yet.

Risk Solver videos

Decision Tree Overview - Risk Solver Platform

SQL*XL videos

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Category Popularity

0-100% (relative to Risk Solver and SQL*XL)
Technical Computing
62 62%
38% 38
Data Dashboard
60 60%
40% 40
Governance, Risk And Compliance
Numerical Computation
44 44%
56% 56

User comments

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What are some alternatives?

When comparing Risk Solver and SQL*XL, you can also consider the following products

Kutools for Excel - A handy Microsoft Excel add-ins collection to free you from time-consuming operations.

Comply Global - ComplyGlobal is a cloud-based global compliance management software to manage your risks proactively. Contact us to streamline your compliance management.

@RISK - @RISK is the world's most widely used risk analysis tool.

Simple Decision Tree - Simple Decision Tree is an Excel Add-in created by Thomas Seyller.

Yasai - YASAI is an open-source Monte Carlo simulation add-in for Microsoft Excel

CData Excel Add-Ins - Excel Add-In for mass imports / exports / updates, data cleansing & de-duplication and data analysis.