Discover how automation transforms client onboarding in financial services, reducing time and enhancing client experience.
What is a Business Rules Engine
A Business Rules Engine (BRE) is a software component designed to manage and execute the business rules that govern decision-making within an organization. It provides a systematic and centralized approach to define, deploy, and update business rules without the need for extensive additional programming. The primary purpose of a business rules engine is enable businesses to implement their own rules for data and processes, separate to the application code, allowing for greater agility and adaptability. By using a business rules engine, organizations can enforce and automate business policies, ensuring consistency and compliance across various processes and applications. This technology plays a crucial role in facilitating efficient decision-making, reducing development time, and enhancing the overall flexibility of business systems.