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Milliman Inc., an international consulting and actuarial firm, has teamed with Microsoft Corp. to provide a scalable, cost-effective cluster computing solution to clients in the life insurance and financial services industries. Advances in financial modeling and risk analysis within these industries are creating a demand for additional computing capacity. Milliman has enhanced its MG-ALFA application to integrate with Windows Compute Cluster Server (WCCS) 2003, delivering a new option for high-performance computing (HPC) for financial modeling to help insurance and financial firms.

MG-ALFA is a financial projection software product developed and supported by Milliman and used by life insurance and financial firms to support product development, financial reporting, risk management, and decision analysis. MG-ALFA supports complex stochastic and nested-stochastic projections, which can require hundreds of hours of computing time without grid computing. The integration of MG-ALFA with Microsoft’s WCCS allows seamless distribution of jobs to clusters ranging from a single node to several hundred simultaneously. The option to distribute the work to multiple machines provides a practical solution to completing the analysis in a timely and reliable manner.

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