Milliman Mortgage Solutions vs Andrew Davidson & Co.
Secondary & Capital Markets head-to-head · axis by axis, same rubric for both
Milliman, Inc.
Secondary & Capital Markets
| Axis | Milliman Mortgage Solutions | Andrew Davidson & Co. |
|---|---|---|
| Production impact | 3.0 | 2.1 |
| Functionality & depth | 3.3 | 3.1 |
| Integrations & ecosystem | 2.2 | 1.7 |
| Adoption & support | 2.6 | 1.7 |
| Return on spend | 2.7 | 2.1 |
| Overall | 2.9 | 2.3 |
Milliman Mortgage Solutions wins 5 of 5 axes. Same rubric, same weights, no sponsorships.
What the rubric says
Milliman Mortgage Solutions and Andrew Davidson & Co. are both scored in Secondary & Capital Markets. Milliman Mortgage Solutions carries an overall of 2.9, Andrew Davidson & Co. an overall of 2.3. The widest gap between them is Adoption and support, at 0.9 of a point. That axis measures whether the team adopts it and gets unstuck. Milliman Mortgage Solutions takes it, 2.6 to 1.7.
Where the five axes separate
On Adoption and support the record favours Milliman Mortgage Solutions, 2.6 against 1.7. On Production impact the record favours Milliman Mortgage Solutions, 3 against 2.1. On Return on spend the record favours Milliman Mortgage Solutions, 2.7 against 2.1. On Integrations and ecosystem the record favours Milliman Mortgage Solutions, 2.2 against 1.7. On Functionality and depth the record favours Milliman Mortgage Solutions, 3.3 against 3.1.
Names, because the URL and the brand differ
Milliman Mortgage Solutions was formerly MSR.
Pricing posture
Milliman Mortgage Solutions does not publish pricing. Its listed model is quote only; consulting-led engagement with software licensing. Andrew Davidson & Co. does not publish pricing. Its listed model is quote only; licensed directly or embedded through third-party vendors.
Deployment and who each one targets
Deployment for Milliman Mortgage Solutions: Cloud software (MS2) plus the M-PIRe analytics suite and consulting engagements. Deployment for Andrew Davidson & Co.: Licensed models and applications, plus embedded distribution through third-party platforms. Segment focus for Milliman Mortgage Solutions: Capital markets and MSR teams that want stochastic modelling behind their hedge. Segment focus for Andrew Davidson & Co.: Quantitative risk and valuation teams at banks, insurers, investors and broker-dealers. The two entries name different buyers.
What each record credits
Milliman Mortgage Solutions: Attribution splits market P&L from pull-through and hedge effects, what boards ask about. Milliman Mortgage Solutions: Full stochastic modelling, recalibrated daily against implied volatility surfaces, not lookup valuation. Milliman Mortgage Solutions: One platform covers pipeline and MSR risk, from conventional and GSE collateral to non-QM. Andrew Davidson & Co.: Models cover prepayment, credit and term structure, plus a separate climate risk suite. Andrew Davidson & Co.: Applications split by asset type, so MSRs, pools and loan-level portfolios get purpose-built tools. Andrew Davidson & Co.: Client base spans banks, insurers, reinsurers, credit unions, broker-dealers and investment managers.
What each record holds against them
Milliman Mortgage Solutions: No integrations named; the client delivers pipeline and position data itself. Milliman Mortgage Solutions: A practice area rather than one product, so scope depends on the engagement. Milliman Mortgage Solutions: No pricing or tiers, and no visible entry point for a mid-size lender. Andrew Davidson & Co.: No named distribution partners, so you cannot tell if your platform embeds the models. Andrew Davidson & Co.: No ownership or investor disclosure published. Andrew Davidson & Co.: Nothing in the line touches an LOS or a loan sale workflow.
Which one fits which shop
Best fit for Milliman Mortgage Solutions: A desk that has to explain hedge performance to a board and cannot do. with a lookup table. Best fit for Andrew Davidson & Co.: A balance sheet team that needs defensible prepayment and credit models rather.
What each entry concludes
Milliman Mortgage Solutions: Milliman is an actuarial firm, and its mortgage practice sells modelling rigour rather than trading workflow. Milliman Mortgage Solutions: The Mortgage Secondary Markets Solution is cloud-based hedging software that recalibrates rate and pricing models daily against. Andrew Davidson & Co.: Andrew Davidson & Co. Andrew Davidson & Co.: sells mortgage models and the applications around them, not capital markets workflow.
The short answer
Milliman Mortgage Solutions finishes ahead on the published rubric, 2.9 to 2.3. The margin comes mostly from Adoption and support. Same rubric, same weights, no sponsorships.
Both tools are scored on the same weighted rubric, production impact carries the most weight. Comparisons are never sponsored. Disclosure →