Milliman Updates Financial Projection Software

July 14, 2010 ( – Milliman has announced a new release of its MG-ALFA financial projection software, MG-ALFA 7.0. 

A news release said enhancements include: 

  • A new user interface incorporating Microsoft’s newest tools;  
  • Expanded data model that delivers unlimited flexibility;  
  • New security model integrated with Windows Active Directory;  
  • Direct Excel reporting capabilities; and  
  • Direct Excel table input capabilities. 

Milliman said the new user interfaces continues the migration of the system to a more modern platform, expanding functionality and opening opportunities for more streamlined integration with third-party applications and data sources.   

The expanded data model allows actuaries to define models using all data elements to differentiate assumptions within the model.   The new security model supports user groups with tiered access rights, and is controlled by the Active Directory structure.   

According to the announcement, the new Excel integration delivers significant enhancements for both input and output.  Tabular data can now be stored in Excel and read by the system, and the new Excel reporting capabilities deliver flexibility in report design and presentation and allow for production reporting without moving through the system interface.

More information is at