Discover Milliman Mind
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.
What does it do?
Step 1: Design in Excel
Use an existing spreadsheet or build a new model using Excel—no need to learn a new language or tool.
Step 2: Upload and run
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.
Step 3: Streamline production
A workflow mode guides users through each step in your models. Implement easy-to-configure role-based access to prevent unauthorized access or changes.
Milliman Mind benefits
Easy deployment
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.
Shorter time to production
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.
Easy maintenance
Convert Milliman Mind models back to Excel easily to modify them, and then re-upload to Milliman Mind—seamlessly, with no functional degradation.
Cloud-scale power
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.
Governance and control
Restrict model access with customizable rights management based on easy-to-configure roles.
End-to-end auditing
Track every change to your models, including when and by whom they were uploaded, as well as who validated and signed a given project.
Milliman Mind technology
Optimized calculations
A powerful multi-threaded, AI-based calculation engine optimizes memory consumption for faster results and lower costs.
Powerful API
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.
Milliman Mind—IFRS 17
IFRS 17 calculation, with the power of Milliman Mind.