impact analysis

3 Reasons Rules Architects Are Adopting Decision Modeling:  #2 Expanded Traceability and Impact Analysis

Last week I started a series on decision modeling for Rules Architects by describing how a decision model in DecisionsFirst Modeler engages your business partners. This week I am going to explain how decision modeling enables traceability all the way to the knowledge sources that drive rules, and impact analysis all the way to the business objectives.  

Version 7 of The Decision Management Systems Platform Technologies Report

We’ve posted Version 7 of our popular Decision Management Systems Platform Technologies Report with new content on The Analytics Capability Landscape. We also welcome new vendors Blue Yonder and Erudine to the platform vendor index. Overview Organizations are adopting a new class of operational systems called Decision Management Systems to meet the demands of consumers, regulators and […]

Compliance in Finance – An Interview with Jan Purchase – Part 2

Welcome to Part Two  of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management.  Jan and I are also giving a webinar on Agile and Cost Effective Financial Compliance: Going Beyond Business Rules with Decision Management February 13, 2014 at 10:00 am EST.

How does Decision Management address compliance challenges beyond what business rules technology offers?

The operational checks and actions required when processing trades, positions and instruments mandated by regulatory strictu