Simple and transparent usage of Monte-Carlo simulations in Excel

Thetaris releases Theta Suite XL, an innovative Monte-Carlo toolbox for Microsoft Excel

Thetaris, a world-leading provider of modeling solutions for the financial sector, supports Excel analyses based on the Monte-Carlo simulation method with its new solution Theta Suite XL. Typical weak areas of Microsoft Excel like low performance and usability during the calculation of a large number of scenarios no longer pose a problem: Theta Suite XL defines the original simulation model outside of Excel, using the simple coding language ThetaML, which has been developed especially for Monte-Carlo simulations. Via the so-called Excel-Bridge, an Excel add-in, models can be configured and evaluated outside Microsoft Excel.