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BPM and Decision Management: An Interview with Juergen Pitschke

Posted By: James Taylor | Posted On: 11th March 2014 |

As part of our ongoing “Meet our Partners Series” I caught up with Juergen Pitschke of BCS, a Decision Management Solutions partner. Juergen and I are giving a webinar on April 1 – Getting Started with Decision Management.

Please describe your current role and title and tell us a little about your company

I’m Juergen Pitschke the founder of BCS, a European consulting company specializing in Business Process Management and Enterprise Analysis.
BCS is recognized for its outstanding methodological support of different standards and methods. This allows us to address the needs of our customers in an unique way. Our customers also value our “engineering” approach to busine

5 steps to decision-centric legacy modernization

Posted By: James Taylor | Posted On: 3rd March 2014 |

Last week I emphasized four key facts about legacy modernization. To move forward you need to find the legacy code that represents business decisions such as a pricing engine (what price is this product for this customer), eligibility logic (is this customer eligible for this offer or service), approval rules (can this claim be auto-approved) and replace those parts of the application with Decision Services.This week I am going to walk through the 5 steps involved in this kind of decision-centric legacy modernization (and don’t forget we have a webinar on legacy modernization coming up with our partner TechBlue).

Analyze the code to find and isolate the decisions.
The first step is to find the pieces of legacy code that make decision

4 reminders about legacy modernization

Posted By: James Taylor | Posted On: 25th February 2014 |

Legacy systems remain critical to many (most) organizations and so legacy modernization is still a hot topic (which is why we have a webinar on legacy modernization coming up with our partner TechBlue). With that in mind, as at is has been a while since I blogged on this topic, I thought I would share a few thoughts. First, this week, four key reminders when modernizing legacy applications:

You don’t need to modernize the whole application
Often you can dramatically improve a legacy application by modernizing just part of it. Many pieces of legacy applications work just fine and have few, if any, change requests pending. Maintaining these pieces as legacy code is not expensive and replacing it all would be high risk so why not leave it alone while focusing on the pieces that don’t work well, especially the pieces that have high maintenance costs.

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

Posted By: James Taylor | Posted On: 4th February 2014 |

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

Lux Magi and Decision Management: An interview with Jan Purchase (Part 1)

Posted By: James Taylor | Posted On: 27th January 2014 |

We have been expanding recently, adding partners to help us deliver decision management to customers around the world. You can see the current list of partners here on Decision Management Solution’s website. To introduce these partners to you I am going to be conducting a series of interviews in the coming weeks. I am going to begin with a partner of ours based in the UK that focuses on investment banking – LuxMagi.

Please describe your current role and title and tell us a little about your company

I’m Jan Purchase, the director and co-founder of Lux Magi Ltd. We enable financial institutions to manage and automate fast-evolving, complex business logic that’s crucial to the survival of their companies. Our cli

The role of decisions in intelligent processes

Posted By: James Taylor | Posted On: 16th September 2013 |

Wrapping up, the key to intelligent processes is treating decisions as peers. Decisions may require a human but an intelligent process will automate those that can be automated. Even when a decision cannot be completely automated an intelligent process will load share between automated components and users. Even when a case exceeds the ability of the system […]

What is an intelligent process?

Posted By: James Taylor | Posted On: 12th September 2013 |

So what is an Intelligent Process? An intelligent process is a dynamic, flexible and transparent process focused squarely on the consumer that continually improves and adapts. This has several elements: Customer Centric Putting the consumer at the heart of a process is central to making it more intelligent. This requires more flexibility and a focus […]

The Need For Decision-Centric Intelligent Processes

Posted By: James Taylor | Posted On: 10th September 2013 |

For all the undoubted benefits of a process approach, many of the processes being modeled and implemented by organizations are not very “intelligent.” Many processes are mechanical and repetitive, often relying too much on human decision-makers. They are internally focused, driven by the organization’s own view of its transactions and structure. Relying on these processes […]

White Paper of the Week: Decision-Centric, Intelligent Processes

Posted By: James Taylor | Posted On: 26th August 2013 |

I recently finished a new white paper Decision-Centric, Intelligent Processes. This was sponsored by Blueriq (formerly Aquima) and is available on their site here. Organizations, both commercial and governmental, are increasingly focused on their business processes. By modeling, implementing and managing business processes these organizations improve control, reduce costs and increase efficiency. Yet for all […]

A Practitioner Speaks: Top challenges for analytic professionals

Posted By: James Taylor | Posted On: 13th August 2013 |

One of the questions I asked Andrea Scarso co-founder and COO of MoneyFarm when I interviewed him was “In your experience what are some of the top challenges for analytic professionals in terms of maximizing the business impact of what they do?” In this post I’ll take a couple of his comments and expand on them […]