Rainy Day: Actuarial Software and Disaster Recovery

Tragic events with disastrous consequences that are happening all around the Globe made Disaster Recovery and Continuity Planning a much higher priority for every company. Scenarios, in which data centers, paper documents and even recover specialists themselves may perish, became more probable. Both, actuarial workflow and actuarial software design should be affected by disaster recover strategy. Actuaries may simplify recovery task and insure higher rate of success if they properly modify their applications' architecture and their approaches to documenting algorithms and storing structured data. The article attempts to direct actuaries to strategies that may increase chances of complete recovery: from separation of data and algorithms to effective storage of actuarial objects to automated version management and self-documenting techniques. The matter of continuity of actuarial operations is in the hand of actuaries themselves.