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Vose Software

Quantitative risk analysis software.

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Vose Software designs, develops, sells and supports quantitative risk analysis software, founded in 2008 in Ghent, Belgium. Its tools assign numbers to the likelihood and impact of risk events so that risks can be aggregated, compared against risk appetite, and evaluated across products, regions, or investment options. The products can be used independently by risk specialists or combined for a consistent, organisation-wide view of risk.

The product line includes ModelRisk, a Monte Carlo simulation add-in for Excel; Tamara, a desktop application for project cost and schedule risk analysis that imports Primavera or MS Project schedules; Pelican, a web-enabled enterprise risk register with bowtie analysis, risk tolerance profiles, multiple impact dimensions, and Monte Carlo simulation; and Pelican IRM, an extension combining risk information from spreadsheet models, project risk, and the risk register for integrated risk management. The tools support capital allocation, insurance optimisation, and risk treatment cost efficiency calculations.

The software serves risk specialists, project managers, investment analysts, cost estimators, engineers, and senior leadership roles including CEO, CFO, CISO, COO, and CBO. Products are licensed as desktop applications with a flexible licensing policy, and the company offers technical support and tailored training on risk analysis.

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