Actuaries, risk managers, and other insurance industry analysts seeking a broad range of mathematical and statistical functionality now can access 1,415 numerical routines in the Mark 22 release of the NAG Toolbox for MATLAB.

This solution for actuaries and risk managers allows modelers to migrate prototype code developed in the MATLAB environment to final production code in advanced programming languages such as C or FORTRAN while still using the same algorithms.

In addition, this release of the NAG toolbox includes more than a dozen quickly accessible MATLAB-based examples of advanced programming for optimization problems, simulations, time series analyses, and other functions important to solving actuarial problems and other complex insurance risk-modeling projects.

NAG Toolbox for MATLAB is available for both Linux and Microsoft Windows.

“The NAG Toolbox for MATLAB has been developed to help users safeguard and future-proof their software investments,” says David Cassell, product marketing manager for NAG. “All the routines included in the [solution] were written by experts in their fields and rigorously tested for correctness, reliability, and robustness.”