Milliman today announced that its MG-ALFA software, a financial modeling and actuarial projection system for insurance companies used for product development and pricing, financial management, risk management analysis, and regulatory compliance, won best actuarial software for 2015 as determined by Actuarial Post. Actuarial Post is a British publication providing news and analysis for the actuarial marketplace.

MG-ALFA is the first actuarial system to use cloud computing (Microsoft Azure), allowing users to leverage virtually unlimited computing resources to perform computation-intensive, mission-critical work at a small fraction of the cost of owning and operating those data processing resources. One of the key differentiators of MG-ALFA is that it is, and has always been, a robust asset-liability modeling platform.

We are honored that MG-ALFA was recognized for its excellence, particularly because the decision was based on a response and opinion from the market. We believe that MG-ALFA can provide even more opportunity for insurers and, moving forward, we're excited to make MG-ALFA the central calculation engine encapsulated in our end-to-end solution Integrate .

For more information about MG-ALFA, click here.

For more information about Integrate, click here.