![]() ILOG & Tavant partner on mortgage-lending solutionsPublished on Wed, Nov 01, 2006 at 15:17 | Source : Moneycontrol.com Updated at Wed, Nov 01, 2006 at 20:18
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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