Actuarial Open Source

A community of actuaries and developers building open source actuarial software.

Why Actuarial Open Source?

  1. Open source makes actuarial science accessible by turning actuarial jargon and symbols into code which can be understood by a wider audience.
  2. Open source allows for reproducible research in actuarial science. Open data and non-proprietary computing platforms allow anyone to replicate results, creating transparency and trust in results.
  3. Open source creates a collaborative space for professionals, academics, and enthusiasts to come together.
Here is a simple recursive life insurance modeling framework in Python. Simple modeling frameworks like this can be incredibly powerful and flexible in the right hands.
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What people are saying about open source

Open source is about collaborating; not competing.
Kelsey Hightower, principal engineer for Google Cloud
In real open source, you have the right to control your own destiny.
Linus Torvalds, creator of Linux
Certainly there's a phenomenon around open source. You know free software will be a vibrant area. There will be a lot of neat things that get done there.
Bill Gates, founder of Microsoft
Once open source gets good enough, competing with it would be insane.
Larry Ellison, founder of Oracle
Empowerment of individuals is a key part of what makes open source work, since in the end, innovations tend to come from small groups, not from large, structured efforts.
Tim O'Reilly, founder of O'Reilly Media
Microsoft was on the wrong side of history when open source exploded at the beginning of the century ... The good news is that, if life is long enough, you can learn that you need to change.
Brad Smith, Microsoft's president and vice chair