Smarter Banking Processes in 2010: Shrink Costs, Build Profitability Smarter Banking Processes in 2010: Shrink Costs, Build Profitability

Smarter Banking Processes in 2010: Shrink Costs, Build Profitability and Respond Dynamically with Business Rules in Banking

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Source: IBM

Date: February 2010

Type: White Paper

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Overview: Lenders use business rule management systems (BRMS) to externalize business logic from hard-coded applications, creating dramatic improvements in flexibility, speed and efficiency. BRMS enhances agility, with key decisions in banking processes changed in real-time to days rather than months, leading to lower costs and better results in areas like payments, onboarding, customer care, risk management, and lending.

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