Design models and put them into production 6* faster, with full security & auditability.
Milliman Mind is a flexible and easy-to-use web-based platform which converts Excel spreadsheets into more powerful models with the capabilities and controls of more expensive “black-box” systems, all within a secure, auditable framework.
Use an existing spreadsheet or build a new model using Excel—no need to learn a new language or tool.
Upload your model to the secure Milliman Mind cloud using a web-based interface. There’s no software to install or manage. Add up to 20 dimensions such as contracts, scenarios, and stochastic calculations. Work together on a model and see changes in real time, and use built-charts, dashboards, and workflow mode to enhance data visualization.
A workflow mode guides users through each step in your models. Implement easy-to-configure role-based access to prevent unauthorized access or changes.
As a web- and cloud-based application, Milliman Mind requires no installation on local servers or workstations—it even works on tablets and smartphones. Milliman handles updates—you choose when they are applied.
Milliman Mind reduces time and effort required to start using your models at scale. Because it uses native Excel files, there’s no need to rearchitect or replatform.
Convert Milliman Mind models back to Excel easily to modify them, and then re-upload to Milliman Mind—seamlessly, with no functional degradation.
Powered by Microsoft Azure or cloud provider of choice, Milliman Mind delivers high security, nearly limitless scalability, high performance, and simplified maintenance and administration. There’s no need to buy or maintain costly on-premises hardware.
Restrict model access with customizable rights management based on easy-to-configure roles.
Track every change to your models, including when and by whom they were uploaded, as well as who validated and signed a given project.
A business unit wanted to develop a new cyber risk web application and put it to the market as quickly as possible.
Running interfaces back and forth between SAS, Excel, and R on a partial internal model meant more than 40 hours of computing time before every regulatory deadline.
In the world of finance, major shifts in the risk landscape change more rapidly than ever.
The client had a complex a cash flow model in Excel, VBA, and SAS. After years of modeling 12 different life insurance products policy by policy, the system was difficult to maintain, and the runtimes were too slow to…
An ambitious start-up life insurance consolidator wanted to be able to provide complex quotes faster than the competition.
A powerful multi-threaded, AI-based calculation engine optimizes memory consumption for faster results and lower costs.
A public API enables you to fully integrate Milliman Mind with your existing tools. Ingest data, launch complex calculations, and export results directly from your servers or mainframe. Full documentation is available to support your in-house development efforts.
IFRS 17 calculation, with the power of Milliman Mind.
Each Milliman Mind license includes Milliman technical support—accessible directly from a chat window inside the tool, or by email or phone. We provide a complete online documentation for features and modelling functions.
Milliman brings decades of experience and leadership to healthcare, benefits, risk management, and business transformation. We can help you maximize the value of your modeling effort faster, with less risk and cost.
Learn more about Milliman Mind.