operational_decision_management_lustratus

What it technology is required business rules

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Unformatted text preview: processes and applications. What IT technology is required? Business Rules Management System (BRMS) The main IT technology that enables rules-based decision management is the Business Rules Management System (BRMS). While this paper does not intend to provide an in-depth analysis of decision-management technology, a high-level view of a BRMS is useful in terms of clarifying the concept. Recapping on the previous section, business rules document the decision-making processes in use by people and applications across the enterprise in the form of rules, stored in a business rules repository. The BRMS provides the tools to access this repository to make changes or view what is there, and to manage the execution of the rules as and when required during everyday business operations. Because rules tend to be quite granular, for ease of use they are usually gathered together in rule-sets that are aligned with particular operational activities. The BRMS run-time rules execution engine is often described as a Business Rules Engine (BRE). Business Rules Management System (BRMS) Business Rules Repository Rule‐set A ‐ ‐ ‐ Rule 1 Rule 2 Rule 3 Business users Business user interface ‐ Authoring ‐ Editing ‐ Deploying ‐ Inspecting ‐ Measuring Applications … Rule‐set Z Run‐time interface ‐ Application execution ‐ BPM execution ‐ Reporting Figure 3: Business Rules Management System (BRMS) functionality A critical feature of the BRMS is the business user interface. As mentioned before, in order to achieve the agility and visibility, this interface must feel comfortable to the business spet and be non-technical in IT terms. The business rules themselves should be as near to plain language as possible, so that it is clear to business Page 7 analysts and owners exactly how the decisions are determined, and on what basis. Suppose a bank wants to increase competitiveness and customer retention by offering valued customers a better rate on car purchase loans. In order to reduce risk, the promotion is only for purchases of $20K or less, but for customers with a good history of financial management then the bank is pr...
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This note was uploaded on 01/29/2014 for the course ACC 230 taught by Professor Xia during the Winter '13 term at Bloomsburg.

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