ILOG & Tavant partner on mortgage-lending solutions

Published on Wed, Nov 01, 2006 at 15:17 |  Source : Moneycontrol.com

Updated at Wed, Nov 01, 2006 at 20:18  

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As  part  of  Tavant's  mortgage  industry solutions, ILOG's BRMS family of products  offer companies increased competitiveness by helping them capture market  opportunities  more  efficiently, shorten the time it takes to roll out  new  products,  match  mortgage  products to customers based on a full customer   profile   automatically   and   in   real-time,   and   automate identification  of  cross-sell  and  up-sell  opportunities.  The solutions improve operational efficiency by automating routine tasks, freeing up time for  users such as the underwriters to focus on more complex situations and exceptions.  By  enabling  business  users  to manage loan and credit rules themselves,  the IT organization is also relieved of day-to-day tasks.  The solutions  also  help companies comply with mounting government regulations by  ensuring consistency, auditability and by providing visibility into the decisioning process.

 

"Our  mortgage  industry customers must effectively automate their business rules   in   order  to  achieve  the  full  benefits  of  business  process improvements,"  said  Sarvesh  Mahesh,  CEO  of  Tavant  Technologies.  "By integrating  ILOG's  BRMS  software into our business process solutions, we can  provide  our  customers  with  more  comprehensive functionality using proven  technology  that  can deliver huge gains in operational efficiency, agility, and cost control." 

 

ILOG has consistently built on its history of product innovation to make it the   industry's  leading  provider  of  business  rule  management  system software.  Gartner  positioned  ILOG  in the leader's quadrant of Gartner's 2005  Magic  Quadrant  for  Business  Rule  Engines, and Forrester Research recognized  ILOG as a rules platform market leader, including the leader in rules  platforms  for Java. Customers of ILOG's award-winning BRMS products include  eBay,  Equifax,  Grupo  Santander,  Harrah's  Entertainment, Visa, Vodafone,  Zurich,  and  many  other  leading  Global  2000  companies  and governments  worldwide.   ILOG's  business  rule  management  system (BRMS) product  line  includes  ILOG  JRules,  ILOG  Rules for .NET and ILOG Rules (C++).

 

Sourced From: 20 : 20 Media Pvt Ltd

  

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