Book Review: IT Risk

I was lucky enough to get a pre-release copy of IT Risk: Turning Business Threats into Competitive Advantage by George Westerman and Richard Hunter. The book approaches IT risk not as a technical issue but as a business and management...

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Live from EBRC - AML Business Rules

Blogging live again from EBRC - this session is on AML Business Rules at PostFinance (part of Swiss Post) by Oliver K. Burnand who heads up compliance for PostFinance, the FSI within Swiss Post. Provides transaction processing as a public...

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Using decisioning to build the healthcare payment of the future

I saw this report from McKinsey - Overhauling the US health care payment system (subscription required). Their summary has three key points: The hugely inefficient US health care payment system is ripe for transformation. The inefficiency is concentrated in the...

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Using EDM to achieve Straight Through Processing in Insurance

A colleague passed me this link - Straight Shooter on National Underwriter. Robert Regis Hyle does a nice job discussing the idea of having policies pass through the underwriting process untouched by human hands - Straight Through Processing. He talks...

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Business rules, flexibility and rigor

Saw this post on the EDS blog - Does the rigor of business rules free you up to be innovative? Charlie Bess refers to a piece by Ron Ross called Business Rules: When is a Door Not a Door? Like...

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Book Review: The World Is Flat

I have just finished reading "The World Is Flat" by Thomas Friedman. Firstly a health warning - it's a REALLY long book. Even skimming some sections it took me a long while to read it. Overall it is a good...

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Enterprise Decision Management and important IT trends

I saw this article in Baseline - The 30 Most Important IT Trends for 2007 - and it struck me how many of them pointed out the need for an enterprise decision management approach. Highlights included: Needing to focus on...

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Using EDM to succeed in automating the life underwriting process

I saw this article in Insurance Networking News today - Survey: Carriers Struggle to Automate Underwriting Process about a Tower Group survey. What struck me is how relevant enterprise decision management or EDM is to solving some of the challenges...

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Book Review: The Joy of SOX

How can you resist a book with a title like "The Joy of SOX"? To give you some idea of the content it is sub-titled "Why Sarbanes-Oxley and Service-Oriented Architecture may be the best thing that ever happened to you"...

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Eligibility management - a perfect opportunity for business rules

One of the most common uses of decisioning technology in Government is the management of eligibility. As you will see this is mostly a rules and compliance issue, though there may be a role for analytics in deriving some of...

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