Business Rules Management

Increase business agility by managing and automating rules independent from processes and applications.

Business Rules Management
Manage Complexity, Increase Business Agility

What is Business Rules Management?

Whether in business processes, software applications or apps – expert knowledge such as decisions, calculations or checks is defined in the form of business rules. Business rules management (BRM) allows companies to define, centrally manage, and automate expert knowledge, independent of program code and business processes, as a set of graphical rules – consistent across processes, applications, and channels.

Business Rules Management with ACTICO Rules BRMS Software



Consistency

Business rules are managed centrally at a single-point-of-truth and deployed to all processes and applications – consistent and error-free.

Agility

Instead of using code or process models, rules are graphically defined, securely managed, and quickly adapted as needed for maximum business agility.

Efficiency

By reducing coordination loops between business and IT, business rules management ensures high efficiency and optimum use of resources.

Traceability

Changes to business rule models are documented as well as the execution of the rules in day-to-day operations. This ensures audit-proof traceability.





Definitions

What are business rules?

Business rules are policies and statements about how to deal with a situation depending on certain criteria. Examples include lending or pricing guidelines, compliance checks, process control specifications, calculations, and more. Most business rules exist as knowledge in the minds of subject matter experts.

What is a rule model?

Digital transformation requires more knowledge to be embedded in the software systems, which is done with the help of rule models, among other things. Subject matter experts use decision tables or decision trees to formalize their business rules. The rule models can be understood and processed by business and IT experts, but also by computers.

What is a rule engine?

A business rule engine is a software component that automatically executes business rules. A rule engine aims to separate the frequently changing business logic (business rules) from the rather static process logic (business processes) in order to enable higher independence and thus agility and flexibility for business departments.




What is a Business Rules Management System?

A business rules management system (BRMS) is a software that supports business and technical users throughout the entire process of defining, managing, automating and adapting business rules. A graphical modeling approach is easy to understand for business users and enables them to quickly change business rules when they need to – without coding.



Business Rules Management Applications

  • Many rules: BRM allows companies to optimize the organization and structuring of their business rules.

  • Complex business logic: BRM helps companies bring IT and business expertise together by directly involving business domain experts.

  • Frequent changes: BRM empowers business users to quickly change business rules and thus, speed up time to market.

  • Maximum transparency: BRM provides optimum transparency and traceability for auditing requirements and other activities.

  • Faster development: Companies break out of endless development cycles and use BRM as a collaborative platform for business and IT.

  • Dispersed rules: Companies centralize their business rules and optimize their reusability for consistency across all applications and processes.


Standalone Or Integrated

Business rules management can be used either as a stand-alone tool or at the core of solution domains such as credit risk management, loan origination, compliance, claims management or client management.

Interdisciplinary Applications

BRM is an integral part of corporate-wide decision management. It can be applied to control processes and workflows within business process management. In business intelligence, BRM is used to calculate KPIs and apply analytical results. Besides, BRM even supports the legacy modernization and data transformation.

Business Applications

Business departments apply business rules management for all kinds of application scenarios such as ensuring product, client and investment suitability, underwriting, account auditing, pricing or fraud detection. Rules-based advisory processes can be digitized and master data management can be automated by using BRM technology.


Products
Software for Business Rules Management
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Regelbasierte Entscheidungen automatisiert treffen
ACTICO Rules BRMS
Increase business agility and improve efficiency

With ACTICO Rules, companies manage and automate rules-based business logic. Business professionals benefit from the intuitive graphical approach and maintain business logic independent from IT release cycles. Discover our market-leading business rules management system now!

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ACTICO Machine Learning
Enrich your business rules with predictive models

ACTICO Machine Learning is an integrated software platform for intelligent decision automation. It offers a well-aligned toolset for modeling, managing and automating operational decisions and apply machine learning technology.