Hello. My name is [YOUR NAME]. I am an Account Manager at ILOG. Over the next 10 minutes I am going to introduce you to JRules, ILOG’s flagship business rule management system, and why it matters to you. To set the stage, let’s talk for a minute about change. Change is inevitable and everywhere. It comes from inside and outside the company. Inside – internal policy, organization changes Outside –offerings of the competition, customer demands, regulatory bodies The pace of change is accelerating. How well you respond to change drives: - competitiveness - profitability - even survival Common problems in response to change are: Agility of response Takes too long to respond to changes in business environment Response to change is not consistent across the enterprise Quality of response Communication between business and IT divisions is not accurate Effectiveness of response to change is hard to determine Control over response Hard to balance security needs with collaboration needs
Compliance is about external or internal regulations…
What do we mean by managing business rules across the enterprise? We mean JRules can reach across all touchpoints and all applications. Wherever a company touches its customers, partners and suppliers, business rules will be concentrated. This includes call centers, web self-service portals, direct and indirect sales channels. These touchpoints are driven in part by the people that populate them, and in part by the applications that automate them. Inside and alongside applications are also where business rules are concentrated, be those applications front-office, mid-office or back-office. JRules can help you manage all these business rules.
While the ROI focus has been on reducing IT costs, Gartner also says that the real benefits of managing business rules come from business-related value. From the same study we just talked about, Gartner identified five areas where business rule management has a positive impact. These are: business agility, decision making, revenue opportunities, customer satisfaction, and regulatory compliance. BRM increases business agility by speeding time to market and reframing mindsets on the business side of the company. By decreasing the time and effort to make business rule changes, BRM facilitates the rapid propagation of these changes from desktop to deployment. Once business analysts and policy managers realize that the bottleneck for getting a rule changed is no longer IT, they will rise to new levels of efficiency. BRM improves the quality of decision making by providing a mechanism for exploring “what-if” scenarios around business rule changes. Imagine being able to simulate the effect of a pricing policy change on revenues. Or being able to determine the effect on approval ratios for mortgage applications of new eligibility rules prior to deployment. These are all possible applying BRM. BRM increases revenue opportunities by supporting more - and more complex - pricing and service strategies. It improves customer satisfaction by enabling higher levels of customization for product and service offerings. And BRM enhances the quality of regulatory compliance by supporting greater visibility to regulatory bodies and enabling easier change processes. BRM makes it possible to trace the implementation of regulations as business rules across business applications.
Here is a list of data compliance applications
A typical usage scenario of a data compliance solution at the runtime level Input data are processed by the rules engine The data might be modifed or cleaned optimatically. A compliance Event is generated to report a fault or a breach in regards to the deployed rules. Similar Compliance events are aggregated into cases that are processed to be handled manually or stored as report.
Here is an overview of the technical architecture and the flow of information.
European Business Rules Conference 2005 : Rule Standards