Join us at Canada Fintech Forum!


October 21st to 23rd, Montreal QC
Palais des Congrès
Booth #43



Standard-based Financial Decision Automation

Automating mortgage processes from origination to closure can be a real asset to banks, reducing costs and potentially increasing transparency. To achieve business automation, many of today’s mortgage software providers utilize outdated, proprietary business rules systems instead of international standards-based decision management systems – but that is changing quickly. Trisotech technologies are opening new, affordable opportunities for even small and medium-sized mortgage processors to automate and streamline their processes and decisions while making use of both technology and industry standards.

Based on the international Decision Model and Notation (DMN) standard, Trisotech Decision Management Suite offers a software solution that allows business stakeholders and IT experts to build financial decision automation systems that are:

  • Customizable
    • Use a business-friendly cloud environment to visually manage decision requirements and decision logic.
  • Executable
    • Simple financial decisions models created by business stakeholders become executable and deployable in the cloud with a single click.
  • Auditable
    • Each financial decision input and result can be stored in an audit log for future verifications.
  • Analyzable
    • Decision results can easily be used to analyze and improve the decision logic based on performance.

World-class mortgage processing software providers like MISMO and Promontech use Trisotech products to improve their offerings and to enhance their customers’ experience.




mba-tech19 Speaking Session
Date: Thursday March 21th, 2019
Time: 13:15 PM – 13:45 PM (EDT)
Place: Bernini Room – TechXLive



Jacques Hamel

Jacques Hamel CD is the Chief Digital Transformation Officer of Trisotech and an experienced executive with over 30 years of experience in leadership and business development. A retired Armoured Master Warrant Officer, he transitioned to business in 1998 developing his first start-up called Artifact Software Inc. He launched ModSim World Canada in 2008 with his partners CAE and Lockheed Martin to name but a few. For close to two decades, Jacques has been a driving force in learning, modeling and simulation in Canada. He has held senior positions with local business partners of both Caterpillar and Emerson in Canada. With Trisotech, he supports the Customer Success, Communications and Marketing teams.



Introduction to Decision Management for Financial Services



Abstract

The financial services industry has long been a driver for technology innovation. Volatile regulations, increased demands for compliance, and a requirement for transparency necessitate the ability to quickly create and efficiently manage decisions. A key component will certainly be the ability to develop services or disseminate decisions in a consistent, unambiguous and transparent fashion. Reliance on traditional software platforms will not meet this need. Open, API-based architectures able to rapidly evolve and share are critical.

MISMO – the Mortgage Industry Standards and Maintenance Organization – recently announced the official recommendation for the use of the Decision Model and Notation (DMN) standard for documentation, implementation, execution and exchange of business rules and decisions across the mortgage industry.

This presentation focuses on the integration of existing business data standards in the mortgage industry (MISMO) with technology standards (DMN, BPMN) to enable a powerful approach to handling Fintech and Regtech solutions. “Decisions as a Service” will become a primary delivery model to facilitate the creation and deployment of powerful APIs and microservices. Decisions enable a business-driven approach to develop and deploy the capabilities as services will allow consumers to get custom automation.

This webinar focuses on:

  • Emerging technologies and the new Decision Modeling and Notation (DMN) standard which together can provide the agility and transparency to meet the new financial services critical needs
  • How they can enable a new set of players that were previously left on the sideline to be successful


Trisotech Decision Management Suite






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