Going Beyond Business Rules with Decision Management
Decision management and business rules management systems are the ideal platform for an agile and cost-effective compliance approach. In regulated industries like financial services, leading companies are building compliance into every process and system with consistency and transparency across the entire organization and with the agility to meet ever more challenging deadlines. Companies that fail to do so incur huge costs with manual checks and balances and risk significant fines.
In this presentation and companion white paper, James Taylor, CEO of Decision Management Solutions and Jan Purchase, Director and Founder of Investment Banking Specialists Lux Magi, share know-how and best practices from their extensive experience of helping clients implement decision management and business rules management systems to conquer complexity, improve agility, lower costs and measure ongoing effectiveness in financial compliance. You will learn:
- Why a business rules driven approach is an advantage, but it’s not enough in isolation; decision management is the essential ingredient.
- An approach using decision modeling that eliminates confusion and inconsistency, even in the face of mounting complexity.
- How implementing decision models in business rules delivers automated, reliable compliance.
The webinar includes illustrations of how the decision management approach has been applied in compliance projects and a walkthrough of real decision model from one of these.
Why Use Decision Management?
Decision management and business rules are a powerful combination for agile and cost effective compliance. Together this approach and technology is the platform to address key issues facing financial organizations today and resolves many of the issues with traditional IT systems.