Financial Services Archive

I was writing about Loan Processes, Service Orientation and Business Rules yesterday, when I remembered the write-up on the MSDN Architecture Site on an Architecture for a Loan Origination System.
This article explains in some detail about Loan Origination Systems, and explains how you can use the MS Technologies stack to implement a solution. Please read […]

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I was reading the Cadillac Story in Business Week, and I thought this was such a good usecase for explaining the power of the Business Rules Technology & approach.
Here is the gist of the story for those in a hurry! Excerpt from Business Week.
Car companies have for years kept goodwill funds for dealers to draw […]

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I was browsing through the Java Mobile Applications Website, then came across a 2004 Report on Emerging Business Applications in the Japanese Mobile Internet.
Pretty Interesting stuff. Integrating Mobile Applications into the work fabric unlocks many efficiencies, while also introducing some challenges.
Here are some of the uses of Mobile Technology that I have heard of.

Mobile Applications […]

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IT News has this article on compliance, Top Down Compliance .
The problem with compliance is that you not only need to be compliant, but you also need to prove that you are.

You need to manage risk, and also prove that you are doing so.
You need auditability and visibility, and have to fight business blindness
You need […]

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Software as a Service (SaaS) is an interesting area to learn about. Fred Chong writes regularly about SaaS. In one of his posts, he has written about Practical Limits for Configurability for SaaS applications.
He defines 3 aspects that define configurability for a hosted solution.

Capability to modify behavior through Code Upload
Supply New business logic
Change business […]

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The DailyWTF is a sexy site, and when I saw this post on The Fudge Factories, I was thinking about how true this must be in so many organizations.
Many businesses are so blind, and many business managers have no clue how the computer systems that is thrust upon them really works and takes regular operational […]

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Well, wishing all you bloggers out there a happy new year.
I was reading Jacques Kemp, and here he has written about Agent Productivity and Retention. Some excerpts here.
A 2006 Limra report, Agent Production and Survival Asia Region, tells us that of newly hired agents in 2004 in Asia, 72% stayed in their function […]

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Now, I was reading on this report by the Tower group on  Strategic Shifts in the global financial services industry this week, but VD has already written a commentary on that.
Read it! 

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Step 8 of 10 Steps towards the Agile Enterprise
In Step 7, I discussed how an organization could promote collaboration and involve the business in Business Decision making handled by their systems.
The next logical step is then to evolve systems and working practices to manage, secure and govern access to your Business Rules.
Before we go […]

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Everybody understands process automation, but is process automation and even process management really enough. Process automation never really translates into automating your business decision services.
Now, an enterprise hoping to be able to respond to change quickly, must be able to change the way its systems (process, people) make/take business decisions. An Enterprise […]

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