Information Matrix

I have blogged previously about the risks in reinventing software that has already been built.  As usual, I declare my complete and utter lack of independence in the opening paragraph - I run a business providing software services to actuaries.  And while this blog might be self-interested(!), that doesn't make the point here any less true.

In an earlier blog I looked at the arguments in favour of buying in specialist software, rather than trying to build it yourself.  Of course, as someone whose business is providing software services for mortality and longevity work, I am somewhat partisan.  To balance things out, I wrote a follow-up blog on when it makes sense - even for us - to source external sof

In an earlier blog I quoted extensively from "The Mythical Man-Month", a book by the distinguished software engineer Fred Brooks.  My blog was admittedly self-interested(!) when it cited arguments made by Brooks (and others) for when it makes sense to buy software instead of writing it yourself.  However in place of "buying

If you are in the business of pricing and managing longevity risk, you need software to help you perform your analysis. You have two choices: