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Cast vs ModelRisk

Both stand on financial modeling software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Cast

Free plan Web

Cast combines scenario analysis, covenant checks, AI-assisted modeling and Excel export for finance workflows. Consider the free plan’s model and link limits, or the paid plans if you need more saved models or permanent share links.

Visit Cast

ModelRisk

Free plan Windows

ModelRisk combines uncertainty modeling with fitting, comparison, and export tools in Excel. Check its Windows and Excel requirements and annual license costs before choosing between Desktop and Network.

Visit ModelRisk

The facts

CastModelRisk
Free planYesYes
Open sourceNot publishedNot published
Runs onWebWindows
Lowest paid planPro: $15 a monthModelRisk Desktop: €1,550 per computer a year
Plans published32
MakerNot publishedNot published
Websitecast.isvosesoftware.com
On financial modeling software#2 of 33#6 of 33

Cast: what it does well

  • Covenant checks show pass-or-fail results and margins.
  • Sensitivity grids can be turned into scenarios.
  • Excel exports retain live formulas and formatting.
  • Free plan includes 60 AI credits monthly.

What to know first

  • Cast is desktop only.
  • Free saved models are limited to three.
  • Free share links expire after 7 days.
  • No Excel add-in is listed.

ModelRisk: what it does well

  • Includes 136 probability distributions.
  • Provides 34 time series models and 14 copulas.
  • Results Viewer compares runs and exports reports.
  • Includes a free 15-day trial.
  • Offers a free viewer for .vmrs files.

What to know first

  • Windows platform only; it does not run on Mac OS.
  • Desktop plan costs €1,550 a year.
  • Network plan costs €4,750 a year.
  • Requires a specified Microsoft Excel version.

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