Mon, 16 December 2013
Are manufactured homes eligible for residential mortgages? What is the maximum allowable Loan To Value (LTV) ratio for single-family homes used as principal residences? how long, after a loss or damage has occurred, can an insured submit a claim? are chiropractic fees covered by my policy? who is eligible for income support for single parent families? who is eligible for the caregiver tax credit? Business rules, specific to mortgage banking, insurance, social welfare programs, and the tax code, provide the answers to these questions. Do you know them? are they being applied systematically? do they provide you with the intended competitive advantage-- where appropriate? are they being enforced by your information system? can you modify them quickly enough to respond to market changes in a timely fashion? The business rules approach addresses these challenges by focusing on the explicit capture, management, and execution of the business rules that underlie your business processes, separate from the other requirements of your information system. It is a key ingredient of decision management, which includes predictive analytics and business event processing which, together, combine to predict, formalize, enforce, and optimize business decisions. Agile Business Rule Development provides an incremental, iterative, and test-driven implementation of the business rules approach. This webinar will go over, 1) the basic tenets of decision management, in general, and the business rules approach, in particular, 2) some key business use cases, 3) principles of Agile Business Rule Development (ABRD), and 4) some of the technology landscape.