This is news geared towards funders, providers, funds, and asset maximization companies. It is related to the industry so I saw the need to share here.

Model Actuarial Pricing Systems L.P. has released MAPS Portfolio Edition 4.2, a new version of a life settlement portfolio valuation model.

MAPS, Schaumburg, Ill., is making the new version available to all new and existing MAPS Portfolio model customers.

Changes include the addition of a tool for appending new policies to an existing portfolio; new portfolio expense handling features; expanded cash flow reporting; and a revised actual claim reporting feature.