Increase Transparency & Improve Agility
Transparency and traceability are key requirements, especially in the financial industry. In advisory processes, for example, banks must prove that the financial products offered match the risk profile of the customer (“suitability“). These include personal risk appetite, investment experience and investment objectives.
Decision Management helps banks to ensure transparency and compliance. Because it relies on graphical models to illustrate operational decisions (such as age checks, risk assessments, etc.). Based on the graphic models, the decision-making process is easy to understand – even for non-technical people from the business departments. This in turn allows for greater agility. If required, subject matter experts without programming knowledge can quickly and safely make changes to the models.