An article on Driving computing efficiency in actuarial valuation and analysis
by Corey Grigg, Chad Schuster and Jim Bracket
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Corey Grigg is Principal & Consulting Actuary, Milliman Chicago | ||
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Chad Schuster is Principal Financial Risk Management, Milliman Chicago | ||
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Jim Bracket is Head of Financial Technology, Milliman Chicago |
Actuaries choosing software platforms must juggle performance targets, cost limits, and rapid delivery schedules. New regulations, frequent re-forecasting, and cloud-usage fees all raise the stakes, requiring coordination with IT, software and cloud vendors, and/or internal development teams. This synopsis, derived from a longer article that will be published in The Actuary, highlights key software and hardware trade-offs to help actuaries with that decision-making process.
Disclaimer: This article represents the opinion of its authors, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 43 – September 2025
