The Government Actuary’s Department (GAD) has appointed Ortec Finance as its technology provider, Professional Pensions reports. The technology provider and consultant will offer risk management solutions for investment and risk team of the department.

Ortec will supply the newly created division with its Pensions Asset Liability Management (PALM) package. The PALM solution will let the team perform asset liability management analysis, using complex tools that will support strategic investment decision making.

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