NU Online News Service, Jan. 29, 1:10 p.m. – Milliman USA, Seattle, a large actuarial consulting firm, has agreed to take over the development and marketing of PTS, a life insurance financial modeling system created by SS&C Technologies Inc., Windsor, Conn.

Milliman hopes to use AnalyticsExpress, SS&C’s new data reporting tool, as a bridge between PTS and MG-ALFA, Milliman’s own pricing and projection system, Milliman says.

More than 70 insurers and actuarial consulting firms use PTS, and more than 50 companies use MG-ALFA.