Intelligent Work Flow and Risk Assessment

Many applications require a blending of process management / workflow, Business Rule Automation, rich User Interface and application integration / connectivity technologies. Examples of such applications are the processing of credit applications, the processing of insurance claims and fraud detection systems. Such applications are normally implemented using workflow or BPM technologies. The weaknesses of such implementation lies in the limitations of Workflow / BPM tools when there is a requirement to implement complex decision making, risk assessment and compliance rules or when there is a need to develop rich, dynamic web user interfaces with a high degree of user interactivity.

The XpertRule rules engine technology addresses all the limitations of Workflow / BPM tools described above by supporting:

• Use of structured decision trees to represent very complex workflows.
• Use of structured decision trees, decision tables, rules and calculations to represent the most complex of risk assessment and decision making processes.
• Generation of rich, customisable and highly interactive web user interfaces.
• Full integration / connectivity with data sources and other applications.

An example of a workflow application using the XpertRule technology is the GATEWAY WORKFLOW module at the heart of the Credit Risk Management platform of Neurotech-WitRisk in Brazil. This system allows parameterization of decision rules for granting credit. The WORKFLOW module intelligently calls other decision modules, historical information, system information, allowing the design and implementation of any complex predefined decision flow. The flow follows a decision tree that can also call several other specialty trees.
GATEWAY WORKFLOW module