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Financial Services

Decision-making at digital speed

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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

Contact Sales

Success Stories

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toyota

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.

READ STORY
SS_Redwood
success story
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Consumer finance outsourcer develops South Africa’s first online-only revolving credit facility with Corticon
Read Story
SS_Tokio Marine
success story
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Insurance holding company automates its 401K business support system with Corticon
Read Story
SS_NETELLER
success story
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Corticon-powered rules solution generates measurable ROI in just three months
Read Story

Related resources

Whitepaper

Enter New Markets Faster with Corticon
In this whitepaper, you’ll discover how Corticon’s market-leading data connectivity capabilities and entirely code-free user experience enable the competitive advantage of speed-to-market—in this case, for a hypothetical credit union considering entering the solar energy market as a lender.

Blog

Pincvision Rapidly Responds to Change in Trade Compliance with Progress Corticon
Progress Corticon empowers Pincvision’s legal specialists to handle trade compliance modifications in real time, reducing turnaround time and reliance on IT.

Success story

How Berenberg Transformed Profit Center Reporting with Business Rules from Corticon
To evaluate its different profit centers, Berenberg relied extensively on insight from monthly risk management reports. Using Progress® Corticon®, Berenberg’s business analysts were better able to validate the rules powering these reports, speeding up report generation and improving their accuracy.

Press release

What’s New in Progress
Corticon 6
Make the most of your business rules with greater data integration capabilities via seamless connectivity to REST API services and a simpler, faster .NET server architecture for faster throughput.

Blog

Changes in Japan’s Lending Laws Put Corticon to the Test
Learn how Corticon helped the financial services subsidiary of a large retail chain in Japan speed credit application processing by 33% while complying with new lending laws.
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Speed Up Core Processes
in Financial Services

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