The ACTUS Financial Research Foundation is organizing a
COMPETITION
for building prototype applications that use ACTUS. The challenge for competitors is to provide services or applications utilizing ACTUS to provide increased value for financial institutions and other users with critical reliance on financial contracts. Examples of such services might include programs that increase the ease of incorporation of ACTUS into existing systems as well as applications enabling special types of analysis, such as the field of risk analysis. Both commercial proprietary and open-source applications are welcome.

The following interesting and thought-provoking article, "Pacioli in the Computer Age: Back to the Future of Accounting and Risk" -- written by Allan Mendelowitz and Willi Brammertz --was recently posted on the GARP website. It is a "time-traveling thought experiment" that finds modern-day relevance – and problem-solving insights – in the work of a Renaissance-era visionary, and can be viewed at the following link: