Monte Carlo Simulation Provides Insights to Manage Risks

Monte Carlo Simulation Provides Insights to Manage Risks

Our CEO, Randy Heffernan, was featured in the May 2021 issue of Risk Management Magazine. In this article he shared, in part: Monte Carlo simulation performs risk analysis by building models of possible results by substituting a range of values—a probability...
Monte Carlo Simulation Provides Insights to Manage Risks

Monte Carlo Simulation as a Force for Good

CEO Message by Randy Heffernan Many who have been exposed to Monte Carlo simulation learned about it in the context of financial modeling such as asset management, cash flow analysis, or actuarial study.  And that’s with good reason: The applications of Monte Carlo...