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eBay Develops Risk Management System with Progress Corticon

eBay Develops Risk Management System with Progress Corticon

June 25, 2013 0 Comments

As businesses expand, it becomes important for them to automate decision-making to save time and money. A rules engine, or Business Rules Management System (BRMS), is designed to help them do this effectively. Our solution, Progress Corticon BRMS, helps businesses optimize decision-making processes and minimize risk by easing and accelerating the management of decision-making logic. Ecommerce company, eBay chose our solution for this reason.

As eBay began to grow, the need to manage decision-making became increasingly important. eBay used Progress Corticon to develop a new risk management application, designed to help eBay automate the decisions about when to hold and release funds from sellers, based on the risk of the sale. It took eBay only about 3 months to develop this application with the help of Corticon – a remarkably fast turnaround considering the complexity of the solution. The Corticon-powered solution now processes over 50 million transactions per day.

To learn more about how eBay developed its solution for business rules management with Progress Corticon, watch our webinar with Snezana Sahter, Solutions Architect for Risk Management, eBay Marketplace and Dr. Mark Allen, CTO, Progress Software.

Dr. Mark Allen

Dr. Mark Allen

Dr. Mark Allen is a Progress General Manager, dedicated to advancing business automation and passionate about applying technology to improve the world. In 2000, he founded Corticon, later acquired by Progress in 2011. Under his leadership, Corticon became a leading independent business rules platform with hundreds of customers in diverse industries such as financial services, government, healthcare and insurance. Prior to founding Corticon, Dr. Allen developed rules-based systems to help physicians make better patient care decisions. Dr. Allen has a B.S. in Applied Physics from Columbia University, and an M.D. from the University of California Los Angeles.

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