WEBINAR: TAKE A TOUR OF SPARKLING LOGIC’S SMARTS™ DECISION MANAGER
Pricing engines (or rating engines) such as a mortgage pricing engine or an insurance rating engine calculate optimal prices, rates, and other values in real-time. Different technologies have developed over the years to implement pricing engines within an...
Our “Decision Management 101” series is designed for business leaders who are unfamiliar with decision management and are currently facing challenges with automation, adaptability, and scalability. In Part 3, we cover what to look for in a decision management system.
Rating engine, pricing engine, compensation calculation, fee calculation, claims calculation, and many more types of projects aim at calculating a fee or cost. They typically share some complexity on the fine prints. Implementing a rating engine has relied on...
A key benefit of using a Decision Management System is to allow the life-cycle of automated decisions to be fully managed by the enterprise. When the decision logic remains in the application code, it becomes difficult to separate access to decision logic code from...
Decision Management and Business Rules Management platforms cater to the needs of business oriented roles (business analysts, business owners, etc.) involved in operational decisions. But they also need to take into account the constraints of the enterprise and its...