Overcoming the Challenges of Financial Decisions with DMN
Blog: Lux Magi - Decision Management for Finance
October 19 1700BST (1200EST): Join Lux Magi and business partner, Trisotech, to discover how Decision Management addresses the key risks of regulatory compliance. This webinar will outline the practical difficulties of supporting mandatory regulatory compliance in finance IT systems and describe how a key technique of business Decision Management—Decision Modelling—can overcome these challenges. The benefits of using the Decision Model and Notation (DMN) will also be presented.
The complexity and pace of change of regulatory compliance continues to escalate, as does the need for companies to explain their actions after the fact. Worse, corporations are expected to satisfy an ever increasing portfolio of regulatory mandates against shortening deadlines and many are overwhelmed. This webinar explains how decision management and a decision model based approach can overcome many of the challenges of implementing compliance systems: aggressive deadlines, increasing complexity, inconsistent and ambiguous requirements, misunderstood data dependencies, constant change requests and the need for after-the-fact explanation and transparency. We illustrate the benefits of decision modeling using real examples from financial regulatory compliance.
Join Lux Magi and Trisotech on October 19, 1700BST (1200EST) to discover:
- How DMN enables a model-driven approach to compliance that reduces the needs for code development, lowers the risk of error and improves agility
- Insights into how to automate and improve the transparency of your compliance implementations using the Decision Model and Notation (DMN), an open standard for modeling complex business decisions
- A live demonstration using Trisotech DES and DMN to model parts of a regulatory system
- Tried and tested DMN techniques for quickly determining your true data dependencies, handling change and improving accountability
Find our more about decision modeling.
If you have any questions about decision modeling or DMN please submit them in the registration form and we will try to address them (time permitting) in the webinar.
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