specification

Presentation: Improve Your Process Models by Modeling Decisions

In case you missed it, the presentation from our recent IIBA webinar is now posted to slideshare. Improve your Process Models by Modeling Decisions from Decision Management Solutions Webinar recordings are available on the IIBA website. Description: Business analysts know that modeling business processes, rather than writing about them, defines them more accurately. Business process […]

Live Event: BABOK 3: What’s the big deal with decision modeling?

I am giving a presentation to the Bay Area Chapter of the IIBA on “BABOK 3: What’s the big deal with decision modeling?” June 25th at 6:30pm in Sunnyvale, CA

Decision Modeling is a new Technique in v3 of the BABOK(r) Guide. It’s also become a key element of the Business Intelligence and Business Process Management Perspectives. In this session James Taylor will introduce Decision Modeling as a technique (following the new Decision Model and Notation standard), show how modeling decisions can improve business analysis and requirements specification, and discuss the role of decision modeling in business process, business rules, business intelligence and analytic projects.

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Live Online: BPM Institute Decision Modeling with DMN

I am teaching a live online version of the BPM Institute’s Decision Modeling with DMN class on July 30th and 31st, 1-5pm ET each day.

The Decision Model and Notation (DMN) is a standard for decision modeling in the process of being adopted by the Object Management Group. It provides a graphical notation for specifying decisions so that decision making can be modeled separately from business processes. DMN allows both technical users and business users to describe, model and manage decision-making by providing a notation that is intuitive to business users yet able to represent complex decision making. The DMN specification also provides a mapping between the graphics of the notation to the underlying constructs of execution environments such as business rules management systems and predictive analy

BPM Institute Live Training: Decision Modeling With DMN San Francisco

Live Training as part of Brainstorm San Francisco

The Decision Model and Notation (DMN) is a standard for decision modeling in the process of being adopted by the Object Management Group. It provides a graphical notation for specifying decisions so that decision making can be modeled separately from business processes. DMN allows both technical users and business users to describe, model and manage decision-making by providing a notation that is intuitive to business users yet able to represent complex decision making. The DMN specification also provides a mapping between the graphics of the notation to the underlying constructs of execution environments such as business rules management systems and predictive analytic environments.

The primary goal of DMN is to provide a standard notation that is readily understandable by all business stakeholders. These business stakeholders include the business analysts wh

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

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

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

Decision Model and Notation officially adopted

Well it’s official – the Object Management Group’s Board of Directors has voted to publish the Decision Model and Notation (DMN) specification. You can see the press release here. Decision Management Solutions is excited to be a submitter for this new standard. As I say in the press release:

“Decision modeling is transforming how organizations adopt powerful technologies such as business rules and advanced analytics to automate and improve their decision-making. The Decision Model and Notation (DMN) standard provides an open and effective specification for this emerging practice. Decision Management Solutions is committed to supporting and using DMN and we’re delighted that the standard has been adopted and garnered broad support among OMG members.”

If you are interested in this standard and how it can complement proce

New Book on Intelligent BPM Systems launches today

  Future Strategies launched their new book today in Chicago: iBPMS: Intelligent BPM Systems: Impact and Opportunity: Intelligent business process management is the next generation of enterprise BPM, leveraging recent technological advances to attain a degree of operational responsiveness not possible with yesterday’s business process platform.  Today, companies of all types want faster and better insight […]