Introducing Alyne’s Monte Carlo Simulation

Alyne's Monte Carlo Simulation capabilities enables Users to perform simulations in a matter of a seconds, across different organisational segments, on tens of thousands of risks.

Recently, we have incorporated the next-generation functionality for conducting quantitative risk analysis using Monte Carlo Simulations, out of the box in Alyne platform.

The process of performing a Monte Carlo Simulation usually take days. We harness tens of teraflops of computing power using the massively scalable serverless infrastructure. As a result, you can perform the simulation in a matter of seconds, across different organisational segments, on tens of thousands of risks.

The intuitive UI enables you to visualise the aggregate potential risk loss distribution and VaR metrics, in addition to the single point estimates – providing meaningful visualisations of the outcomes to derive actionable business insights.

Learn more about this new feature from Machine Learning Engineer, Bhushan Chaudhari. To understand more about Alyne’s Monte Carlo Simulation capability, schedule a demo with an Alyne expert in your area.

December New Features

To close out a year of great achievements, Alyne Users will be able to benefit from powerful new Multiple Maturity Models, machine-learning capability that generates summaries for attachments, define granular access rights for Campaign Tasks as well as Objects, configure Repeated Campaigns, leverage Computed Object Properties for aggregated data, and configure Object Types on the go with the Custom Object Type Editor.

November New Features

This November, our team added a number of fantastic new features to the Alyne platform. These include Multi-Level Hierarchies & Escalations for Tasks, Lifecycle Changes in Risk History, Advanced Beacon Settings, the Alyne Hook - which provides outgoing connectivity to other standardised systems in an event-driven manner - and Additional Filters and Sorting for Risks.

October New Features

This October, Alyne Users will be able to enjoy both Risk and Mitigation Import and Export improvements, Object Versions where they are able to set approval processes and track changes to their assets, leverage Control Workbench Standards Filter to sieve out relevant Controls and much more.

June New Features

As we close off the first half of the year, a fantastic range of new functionality has been introduced into the Alyne platform this June. Going forward, Alyne Users will benefit from an updated Risk Mitigation interface, improvements to the Continuous Controls functionality, be able to schedule Assessments in advance and leverage further NLP capability to define their Controls with Alyne's Document Mapping.

February New Features

This February, we have provided Alyne Users with fresh lenses to visualise Assessment Container data, through the addition of 'Scope' and 'Insights.' Furthermore, we have included in-app Release Notes, enhanced our Risk Filtering capabilities, provided the ability to reassign Assessment Responders without losing any work, and introduced new Block Types to leverage within Alyne's Documents feature.