@RISK Developer's Kit

Introduction

The @RISK Developer’s Kit (RDK) is Palisade’s widely-used risk analysis programming toolkit. The RDK allows you to build Monte Carlo simulation models using Windows and .NET programming languages, such as C, C#, C++, Visual Basic, or Visual Basic .NET. Examples of programs written in Windows and .NET programming languages are provided.

The RDK offers access to the risk analysis and distribution fitting technology available in the world’s most widely-used risk analysis tool - @RISK for Excel. It can be used to easily create custom applications that include Monte Carlo simulation, such as financial modeling tools, corporate financial systems, and industry-specific programs.

Unlike the Excel version of @RISK, the RDK does not require a spreadsheet to run simulations. This means user models can be larger and execute faster. All simulation results can be accessed programmatically, directly in the developer’s application. Two powerful charting engines—that of @RISK and Microsoft Excel with its extensive customization capabilities—can be used to generate graphs of simulation results.

RDK applications can be run in a desktop, network server, or web environment. (Click here for examples.) The RDK fully supports multithreading to allow the development of scalable web applications. Models built using the RDK can run simulations and generate results entirely in the user’s program or the @RISK Interface can be used to display reports and graphs on simulation results.

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