Decision Management Solution Blog
Some Friday Data Analyst Humor
If you are a data analyst, data scientist, data miner or other analytics professional you should see this.
Thanks to @jimsterne for sharing!
Cross-posted from JTonEDM.
Compliance in Finance – An Interview with Jan Purchase – Part 2
Welcome to Part Two of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management. Jan and I are also giving a webinar on Agile and Cost Effective Financial Compliance: Going Beyond Business Rules with Decision Management February 13, 2014 at 10:00 am EST.
How does Decision Management address compliance challenges beyond what business rules technology offers?
The operational checks and actions required when processing trades, positions and instruments mandated by regulatory strictu
Decision management and cloud as a platform for predictive analytics
The recording and presentation our recent webinar, “Decision Management and Cloud as a Platform for Predictive Analytics” is now available on slideshare and our OmNovia webinar channel. Decision management’s systematic embedding of predictive analytics into automated decision-making systems complements cloud technologies and maximizes the value of predictive analytics. [slideshare id=30685871&doc=decisionmanagementandcloudasaplatformforpredictiveanalytics-140131182435-phpapp01] Click here to watch the webinar. […]
Build compliance into every process, every system with Decision Management
I was pointed to a blog post today from the folks at Forrester talking about their Governance Risk and Compliance Platform wave report. In an era of increasing regulation and increasing costs for compliance failures, these kinds of platforms are clearly important. These platforms help you manage documentation, track overall levels of risk, generate required reporting, identify […]
White Paper of the Week: Decision Modeling with DMN
If you have been following the new Decision Model and Notation standard and want to understand a little more about how to do decision modeling using the approach, check out our white paper Decision Modeling with DMN. This white paper describes the four iterative steps to complete a Decision Requirements Model using the forthcoming Decision Model and Notation standard recently adopted by the Object Management Group as a beta standard. Decision modeling is a powerful technique if you are adopting business rules, working with predictive analytics or trying to specify requirements for decision-making. Contents include:
- Why Model Decisions
- How To Do Decision Modeling
- Identify Decisions
- Describe Decisions
- Detailed Decision Requirements
- Decompose and Refine the Model
- Generate a Requirements Document
- Appendi
Lux Magi and Decision Management: An interview with Jan Purchase (Part 1)
We have been expanding recently, adding partners to help us deliver decision management to customers around the world. You can see the current list of partners here on Decision Management Solution’s website. To introduce these partners to you I am going to be conducting a series of interviews in the coming weeks. I am going to begin with a partner of ours based in the UK that focuses on investment banking – LuxMagi.
Please describe your current role and title and tell us a little about your company
I’m Jan Purchase, the director and co-founder of Lux Magi Ltd. We enable financial institutions to manage and automate fast-evolving, complex business logic that’s crucial to the survival of their companies. Our cli
Share your thoughts on advanced analytics
Hurwitz & Associates will update their Victory Index on Advanced Analytics in 2014. This report will summarize key trends in advanced analytics, provide information on vendor offerings, and report on vendor strengths and weaknesses from an end user perspective. In order to help guide end users who are making a decision on selecting an advanced analytics vendor, they would like to include feedback from current users. So, if you are a user of advanced analytics for use cases such as predicting consumer behavior, churn analysis, fraud analysis, predicting equipment failure, and reducing risk, they would really like to hear what you think. To help them understand how a broad group of users of advanced analytics solutions rate the capabilities and benefits of the products they use, go to surveymonkey.com/s/HurwitzVictoryIndexdecman and let them know.
And don’t forget you can see my revi
Standards in Predictive Analytics: A White Paper
To wrap up the series I have been writing on standards in predictive analytics, here’s the report I have been working on. This report discusses each of the topics in the series – R, Hadoop and PMML – in more detail and pulls it all together in a single paper. You can get the Standards in Predictive Analytics paper here.
Thanks to our sponsors for this research, Revolution Analytics, Zementis and the Data Mining Group.
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