What is Business Rules Management?
Automated Decision Governance Platform
Global markets can fluctuate at rapid paces, requiring you to make quick business decisions at the best time. New suppliers may appear to disrupt supply chains. Government regulations are constantly changing when exporting and importing products to different countries, and economic uncertainties will impact a company’s competitive edge. You need a solution that allows you to automate repeatable rules and transactional decisions so you are free to focus on capturing business opportunities.
Sumerge’s Business Rules Management is a flexible and dynamic platform that automates your decision governance. This full-featured solution allows you to create business models, implement rules and execute decisions based on probable and repeatable events. You can effectively capture process-related transactions, and let the solution automate decisions that best fit the application.
Benefits of Business Rules Management
The Business Rules Manager is easy to use as you can manage and execute business rules to improve the quality of your transactions. You can instantly determine the appropriate course of action between internal interactions, customers, and partners for more consistent decisions across your enterprise.
Continuous Process Improvement
Create and edit rules without having to involve IT for every minor change.
Time-to-Market Reduction
Implement new insights or changes rapidly in just a few hours.
Operational Efficiency Enhancement
Link business rules to the right processes according to best practices, then enforce them automatically.
Integrated Change Management Options
Reduce work time and costs with ready-to-use change management capabilities.
Regulatory Compliance
Introduce new rules in a central repository and track changes with rules versioning.
Features of Business Rules Management
This Business Rules Management platform provides greater flexibility so you can leverage your decision governance. You can implement, test and deploy decisions effortlessly. This solution offers:
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Runtime Components
Allow automated decision logic, enabling the detection of business situations and perform a precise response based on the context of the interaction.
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Decision Governance Framework
Offers role-based security, built-in release management cycle, historical reporting as well as testing and simulation capabilities.
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Operational Monitoring & Analytics
Allow you to monitor business networks to discover events and take action based on event data patterns.
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Task Management Tools
Improve communication and collaboration between IT and business functions through a centralized decision management repository and shared governance controls.
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Configurable Rules Systems
Offers non-technical rule language and capabilities, allowing you to maintain decision logic.
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Business User Interfaces
allow subject matter experts to update and govern their decisions while collaborating and sharing experiences.
IBM Operational Decision Manager
Underlying Technologies
IBM ODM is a comprehensive decision automation solution that provides extensive capabilities helping you analyze, automate and govern rules-based business decisions. IBM ODM can authorize a loan, decide on promotional offers or detect a cross-sell opportunity with high precision and customization.
IBM ODM offers a full decision management platform designed for business users to update business policies extended with integration options with enterprise or mobile applications.
This video shows you an example of how you can leverage IBM ODM for Fraud Detection and Prevention in the banking industry.
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