Riskalyze

Riskalyze (now Nitrogen) is the industry-leading portfolio risk analysis platform used by over 20,000 financial advisors and wealth management firms. The platform assigns a patented 'Risk Number' from 1-99 to every portfolio, enabling clear communication about risk tolerance and alignment between advisors and clients. The platform analyzes portfolio risk using Monte Carlo simulations and historical scenario analysis, providing probability-weighted outcomes for any given portfolio. Advisors can stress-test portfolios against historical events (2008 crash, COVID selloff, etc.) and propose optimized alternatives. While Riskalyze is primarily an enterprise tool for financial advisors, retail traders can benefit from similar risk quantification concepts. The platform's approach to understanding risk tolerance and portfolio alignment has influenced how the entire industry thinks about risk management.