Milliman, Inc., a leading global actuarial and consulting firm, today announced the acquisition of Blue Water Mortgage Servicing Rights (MSR) Valuation and Hedging services from Apex Analytics Corp. The transaction expands Milliman’s mortgage advisory capabilities while enabling Apex Analytics to sharpen its investment focus around its core property intelligence technology.
The acquisition strengthens Milliman’s analytical solutions for mortgage servicing rights, enhancing its ability to help clients mitigate risk and maximize portfolio value throughout the mortgage lifecycle.
The transaction expands Milliman’s mortgage advisory customer base and brings industry-leading hedge strategies, technology, and experienced professionals with deep subject matter expertise. The Blue Water hedging platform will be further enhanced by Milliman’s capabilities in mortgage behavior modeling, quantitative analytics, hedging strategies, software development, and advanced data science.
“We are thrilled to welcome the Blue Water MSR team to Milliman,” said Brett Ludden, Managing Director and Head of Mortgage Solutions at Milliman. “Blue Water’s sophistication in MSR hedge analytics is an excellent complement to our deep mortgage advisory expertise. The addition of Blue Water’s trading and quantitative analytics professionals further strengthens our growing mortgage solutions practice and enhances the value we deliver to our clients.”
For Apex Analytics Corp., the parent organization of Blue Water, the transaction supports its strategy of concentrating resources and investment on its core property intelligence technology, appraisal workflow, and assessment solutions.
“Today’s announcement allows us to further concentrate our resources, talent, and investment on the technologies that define the future of assessment,” said Ryan Marshall, CEO of Apex Analytics Corp. “By streamlining our portfolio, we can accelerate innovation in assessment software, artificial intelligence, data analytics, and workflow automation, reinforcing our commitment to becoming a trusted technology leader serving assessors, government agencies, and public-sector property assessment teams.”
The divestiture reflects Apex Analytics’ strategy of aligning its investments with its highest-growth opportunities while ensuring the Blue Water business joins an organization whose strategic priorities and expertise will support its continued success.
At the same time, Apex Analytics remains focused on advancing next-generation assessment technology, delivering modern software, data, and AI solutions that help assessment professionals operate more efficiently and better serve their communities.
About Milliman
Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges, from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.
Milliman Mortgage Solutions combines the expertise of mortgage market veterans with advanced financial risk management strategies to deliver innovative solutions for mortgage originators, servicers, and capital providers.
About Apex Analytics Corp
Apex Analytics Corp., formerly known as Voxtur Analytics, is a technology company focused on delivering innovative software, data, and analytics solutions to the property assessment industry. The company provides modern platforms that help assessors, government agencies, and property professionals improve valuation accuracy, streamline operations, and leverage data-driven decision making.
Through its portfolio of assessment technologies, geospatial solutions, property data, artificial intelligence, and workflow automation, Apex Analytics is committed to advancing the future of mass appraisal and assessment administration. By concentrating its investments on its core assessment technology business, Apex Analytics is building the next generation of solutions that enable clients to operate more efficiently, improve transparency, and better serve their communities.
For more information, visit apexanalyticscorp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260727963917/en/
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