New York, NY (PRWEB) January 29, 2007
Structured Data, LLC is pleased to announce the latest version of the RiskAMP Monte Carlo Add-in for Excel®, with full support for Excel 2007, part of Microsoft's new Office suite.
The RiskAMP Add-in brings effective and efficient risk management capability to individuals and professional practitioners alike with a simple and cost-effective plug-in for Microsoft Excel. With the new version, the RiskAMP Add-in takes advantage of the advances in Excel 2007 to make it even easier to build risk management into spreadsheet models for retirement and investment planning, project and cost management, and engineering and design tasks.
The signature feature of the new Office 2007 suite is the "ribbon" interface. The RiskAMP Add-in adds its own ribbon to the Excel toolbar for quick and easy access to running Monte Carlo simulations and creating tables and charts.
While most users will notice the ribbon interface, changes under the surface are what make Excel 2007 really powerful and the RiskAMP Add-in takes advantage of those as well. Models can now have millions of rows, and the new internal data structures in Excel 2007 make processing complicated models faster and more efficient.
As computers and tools become more powerful and easier to use, the kind of analysis that was limited to expensive mainframes and servers just a few years ago can now be available on the desktop. The RiskAMP Add-in makes it easy to construct comprehensive risk management models from existing or new spreadsheets using a library of Excel functions and tools. And the new version of the RiskAMP Add-in for Excel 2007 makes constructing probability simulation models even easier and more powerful.
About Structured Data, LLC:
Structured Data, LLC is a software and technology development company in New York City.
Microsoft, Office and Excel are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries.