CMS BondEdge, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of fixed income portfolio analytics, today announced an agreement to fully integrate the CMS BondEdge structured finance cash flow library with MG-ALFA (R), an actuarial asset/liability management system developed by Milliman, Inc. Mutual clients will be able to generate and retrieve cash flows for any of the 11,000 active CMO/ABS/CMBS deals modeled by CMS BondEdge from within MG-ALFA. Laurie Adami, president of CMS BondEdge, commented, "We are very pleased to be working with Milliman in order to provide a more robust and fully integrated cash flow testing solution to the insurance industry. This new offering is a timely, direct response to insurance regulatory initiatives calling for integrated asset/liability modeling. By incorporating DLL technology, we've made BondEdge(R) features available as callable functions that can be easily invoked from other leading applications, MG-ALFA in this instance. Just as important, this technology could be expanded to allow any outside application to invoke a variety of BondEdge calculations or analytics in a similar way." Pat Renzi, MG-ALFA Product Manager for Milliman, adds, "While MG-ALFA has supported an import/export process with BondEdge for many years, this seamless integration facilitates the ability of our clients to comply with the stochastic analysis required by emerging regulatory requirements. More importantly, this proactive step to work together with CMS BondEdge positions our clients to perform stochastic-in-stochastic analysis on both assets and liabilities. We are proud to be the first actuarial software vendor we are aware of to deliver such an offering." says Renzi. About Milliman Milliman, whose corporate offices are in Seattle, serves the full spectrum of business, financial, government and union organizations. Founded in 1947 as Milliman & Robertson, the company has 32 offices in the United States as well as offices in Bermuda, Hong Kong, London, Madrid, Mexico City, Milan, Munich, Sao Paolo, Seoul, Tokyo, and Warsaw. Milliman employs approximately 1,850 people, including a professional staff of about 850 qualified consultants and actuaries. The firm has consulting practices in healthcare, property & casualty insurance, employee benefits, and life insurance/financial services. It is a founding member of Milliman Global, an international organization of consulting firms serving insurance, employee benefits, and healthcare clients worldwide. For further information, visit www.milliman.com. About CMS BondEdge CMS BondEdge, an Interactive Data division (NYSE: IDC), has been a provider of fixed income portfolio analytics to the investment community for over 25 years. Its client base includes more than 550 leading banks, investment managers, brokerage firms, insurance companies and pension funds throughout North America and Europe. CMS BondEdge is recognized in the industry for BondEdge. Dedicated exclusively to fixed income, BondEdge delivers the portfolio analysis tools enabling its customers to identify opportunities and analyze portfolio risk using the latest modeling techniques and cutting-edge research. About Interactive Data Interactive Data Corporation (NYSE: IDC) is a leading global provider of securities pricing, financial information and analytic tools to institutional and individual investors. The company supplies time-sensitive pricing (including evaluated pricing), dividend, corporate action and descriptive information for more than 3.5 million securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the company's services in support of their trading, analysis, portfolio management and valuation activities. Interactive Data is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, ComStock, CMS BondEdge and eSignal, Interactive Data has approximately 1,800 employees in offices located throughout North America, Europe, Asia and Australia. Pearson plc (LSE: PSON; NYSE: PSO), an international media company whose businesses include the Financial Times Group, Pearson Education and the Penguin Group, owns approximately 60 percent of the outstanding common stock of Interactive Data Corporation. For further information please see: www.interactivedata.com
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