[BrentRitterbeck]

I've given some thought to the inertia of which you spoke. You're probably correct. I've decided to proceed with writing the software anyways; however, it's going to be open source. I still intend to build a company around this idea, but the software is not what I will be selling. I will be selling expertise in building risk models that are implemented with the software.

I believe open sourcing the software will eliminate the inertia, as the software would be free (as in beer), fully auditable, and fully customizable. The money that used to go towards an expensive contract can now go towards buying expertise in the construction of the models the software will implement.