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Neoflex Decision Module

Product
Developers: Neoflex Consulting (Neoflex)
Date of the premiere of the system: 2015/03/24
Branches: Financial services, investments and audit
Technology: BRMS

Neoflex Decision Module is decision making system on the basis of the open source software.

The product helps to implement multilevel business logic and can be used in banks, financial or insurance companies. The strategy of decision making can be configured by business users independently.

Automation of logic of decision making using scoring models, decision trees, graphs, nested functions and multidimensional tables with conditions belongs to the main opportunities of Neoflex Decision Module. Changes are made to working models by business users independently, without involvement of IT specialists, by means of the clear interface.

Existence of such functionality imposes to Neoflex Decision Module requirements for access isolation of users to strategy and support of version control of models.

Implementation of these functions helps to solve a broad spectrum of tasks, beginning from support of lifecycle of decision-making according to the credit request and preparation of cross-offers (selection of products and tariff plans) and finishing with monitoring of a portfolio of the credits (calculation of ratings, risk classes, probabilities of quality degradation of loans).

Neoflex Decision Module can be applied in sections:

  • maintaining and control of execution of standards,
  • maintaining and control of limits on transaction of the client or group of coherent clients,
  • creation of the uniform normative and help center for the appeal of different services at performing transactions.

Technology basis of the module - the processor governed with the open code JBOSS DROOLS DM. As a part of system architecture:

  • repository of strategy,
  • service of decision-making,
  • the information database for storage of an original informatin and results,
  • reporting subsystem.

"Open source technologies in Russia owing to different circumstances purchase more and more wide popularity that should have already in the nearest future significant effect on dependence of the Russian banks and financial companies from the import software, – the head "Risk management" of Neoflex company Anton Lazebny considers. – We offer our customers very wide choice of systems on risk management, and completion of development of the system of Neoflex Decision Module is an important step towards to wishes of our clients".