Corticon for Financial Services

Overview

If you’re like most in your industry, you have hundreds of business processes with thousands of unique activities.

When 70% of those tasks involve decisions—as is typical in financial services—that means thousands of repetitive decisions each day for everything from loan and credit application approval, to verifying customer identity, to configuring new products.

Now you can automate recurring decisions without code updates or lengthy software development cycles.

Key Benefits of Corticon
in Financial Services

Progress^® Corticon^® Business Rules Management System is strategic technology that helps you achieve maximum ROI from your apps, while streamlining the process rules that govern everything in the enterprise. The result? A more agile business that can move at the digital speed the marketplace demands.

Target the decisions in your processes

Identify the decisions in your processes, automate the rules that drive the decisions and deploy them as standards-based services to be consumed by applications across the organization.

Separate business rules from application code

Empower non-IT users to safely create, test and deploy rules in minutes for core operations, risk management, credit decisions, front office operations, ecommerce and more.

Energize core business processes

Automating operational decisions can have a significant impact on performance in customer acquisition, time-to-market, time-to-quote, and loan processing times.

Decisions represent up to 70%
of core banking processes

Empower your team to streamline and automate business
rules with Corticon

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Success Stories

UCS turned to Corticon to automate credit card screening without recoding their software

With Progress Corticon, this leading Japanese financial services company achieved 5x productivity improvement through automation, which translates to a 50% reduction in labor for their credit card screening operation.

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