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Using APL for financial calculations

Published online by Cambridge University Press:  20 April 2012

D. O. Forfar
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Extract

The computer language APL is not as well known in the financial field as it might be and yet its structure and syntax make it very well suited to financial and actuarial calculations (as well as to mathematical and statistical calculations)—indeed it might almost be called a natural language for financial calculations.

In a contribution to the XVI ASTIN Colloquium in Liège, 1982, entitled ‘Description and Comparison of various Programming Languages and their Suitability for Non-Life Actuaries’, J. A. Bartola concluded that APL was a very attractive programming language for actuaries.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 116 , Issue 3 , December 1989 , pp. 663 - 672
Copyright
Copyright © Institute and Faculty of Actuaries 1989

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References

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