Basel IT Cost Higher Than Projected - Computerworld

BASEL II is more expensive than people think, becuase they are not adopting the right technology.

TowerGroup Research - Predictive Analytics in Insurance

Tower Group's recent reports on how predictive analytics can deliver great results for insurance companies.

Complex Event Processing

Complex Event Processing will drive the need for Enterprise Decision Management infrastructure as rules and analytics in combination are ideal for CEP.

Automating Compliance Is Priority in Year Two of Sarbanes-Oxley Compliance

Executives are starting to realize that SOx compliance is best automated. Time for business rules methinks.

How does analytics make business rules smarter?

There are two ways to use analytic techniques to improve business rules. Firstly you can use data mining techniques. This involves using data driven analysis to identify more profitable rules and strategies. With data mining you can use historical data...

What are the main benefits of business rules technology?

In many cases, a corporation’s business rules are defined in manuals or other documents, or possibly not defined formally at all—many organizations rely on business managers to interpret company policies as business rules. This can be inefficient and lead to...

Intelligent Enterprise Magazine: Business Rules Meet the Business User

Blaze Advisor is reviewed in Intelligent Enterprise Magazine

License Fee Calculations

The California DMV recently replaced the portion of a legacy system that dealt with license fee calculation with a business rules implementation. This was the one part of the old legacy system that had variable business rules - it required...

What kinds of things do people do with this?

I am going to post a ton of examples here over time. To be getting on with, The Norwegian police department does shift assignments for their personnel based on experience, union rules, etc. A company in Japan used rules to...

How do you make sure that rules don’t overlap or conflict when dealing with many of them in an application?

This is the kind of thing that separates a “Business Rule Management System” from a "Business Rule Engine". It’s a complex problem and one that requires serious development work from a vendor. Blaze Advisor, for instance, includes automated tests that...