The Financial Services industry was one of the earliest adopters of Business Rules and Process Management across a variety of applications. Process-centric enterprises where business rules were prevalent found these techniques to be ideal for their day-to-day operations. While the platforms evolved, the Financial Services industry went through dramatic changes culminating in the crisis of 2008. Now Decision Management, both as a methodology and a technology, has been viewed as both a culprit and a necessity moving forward in a new era of financial regulation and scrutiny. Rapidly changing regulations, increased compliance, and a need for transparency necessitate speedy and accurate application across a multitude of systems. However, traditional methods produced systems that just aren’t agile enough to meet this need – and only for the select few companies that had the expertise and money to implement.
This webinar will focus on:
- Emerging technologies and the new Decision Modeling and Notation (DMN) standard which together can provide the agility and transparency to meet the new financial services critical needs
- How they can enable a new set of players that were previously left on the sideline to be successful
A recognized thought leader in decision management, Brian Stucky brings nearly three decades of experience designing and implementing business rules and process management systems for both commercial and Federal clients. Brian also co-founded two companies that specialized in the design and implementation of intelligent systems. He has implemented and managed business rules development efforts in a variety of financial services domains. In addition, Brian is now in his third year as co-chairman of the MISMO BREW (Business Rules Exchange Workgroup) committee. MISMO (Mortgage Industry Standards and Maintenance Organization) is the governing standards body for the mortgage industry. His efforts there have resulted in finalizing the Decision Model and Notation (DMN) standard as an official mortgage industry standard.