"Many companies struggle with a growing number of
business rules in their systems," said Carole-Ann Matignon, Sparkling Logic CEO.
Through the mechanism of the referential integrity constraints and referred tables' value lists, the DBMS responds as if it were a
business rules engine.
If rules need to be visible by others in the organization for risk or compliance reasons, externalizing rules with
business rule engines is useful.
For accomplishing this significant task, a novel standard SBVR (Semantics of business vocabulary and
business rules) [1] is employed for developing semantic models of business vocabularies and
business rules.
The model purpose is to help service providers evaluate the fulfillment of the
business rule that specifies the maximum rejection percentage for service requests allowed.
Sapiens International Corp., announces the introduction and general availability of Sapiens Decision for Insurance, a business decision management solution designed to enable carriers to build, maintain and leverage a centralized repository of reusable
business rules and logic to provide a single source for enhanced business decision making, easier compliance, better governance, and improved efficiencies.
In order to address the main problems of
business rules modelling, this section presents a short investigation of the concept of a
business rule, their classification according the implementation perspective and main problems of
business rules modelling.
With this in mind, today's fast-paced, hypercompetitive, cost-conscious, and regulation-sensitive environment creates the need for insurers to inventory, document, rationalize, and more effectively manage simple and complex
business rules across the enterprise.
Over 3,000 corporations and more than 465 leading software vendors rely on ILOG's market-leading
business rule management systems (BRMS), supply chain applications and optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.
According to the agreement, the two companies will market a joint solution based on ILOG's
business rule management system (BRMS) that will enable organizations to extract, map and re-use the
business rules written in COBOL software code to enhance flexibility and improve business response times.
Traditionally,
business rule applications in business to business (B2B) or business to customer (B2C) systems are designed such that they can receive data and execute a static set of
business rules using the data shipped from the sender.
"By using our 'ePlumbing,' MISMO is now free to focus on its core competencies because eHereNow offloads connectivity, data transformation and
business rule support."