business rule

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Related to Business rules: Business rules engine

business rule

A directive, policy or procedure within an organization. Business rules may also come from outside sources such as government regulations and membership association guidelines. See BRE and SME.
References in periodicals archive ?
Based on Forrester's research, ILOG has more than two times the number of customers as compared to any other business rules management systems (BRMS) vendor listed in the report.
The main reason for this is that business rules can factor a virtually unlimited and surprisingly complex number of possibilities.
As business rules are critical for automating such security-essential measures as screening, profiling, fraud detection, and cross-border transaction monitoring, the new event management features are expected to benefit the institutions and industries that must meet government-mandated security requirements.
i/Lytics' point-and-click GUI interface enables users to easily develop and visually confirm the accuracy of conversion specifications and business rules.
According to the report, Business Rules Management Systems have become a "key enabling technology for Dynamic Business Applications because they enable applications to be built for change.
The management and automation of business rules is a central component in a growing number of corporate technology initiatives that deal with issues like business process improvement, straight-through processing, and particularly regulatory compliance," said Bill Chambers, Principal Analyst with Doculabs, an independent technology consulting firm.
Zakheim's and my memorandum dated February 6, 2003, full and rapid implementation of WAWF will ensure this change in acquisition business rules produces the positive benefit desired without a negative impact to contractors.
This year's Conferences will feature more than 50 sessions, including five tracks of highly informative presentations and panel discussions on what it takes to achieve success with business rules and enterprise decisioning.
ILOG is a registered trademark, and ILOG Business Rules Studio and ILOG JRules are trademarks, of ILOG.
Corticon Foundation is the first release in the Corticon 5 product line - Corticon's next generation business rules management system - that raises the bar and extends the reach of decision automation across the enterprise.
Partnering with BRS helps customers solve real-world problems using business rules and is a significant, strategic step for Brokat," said James Taylor, director of product marketing for Brokat Technologies.
This enables AdminisTEP to apply its "Smart" business rules to incoming claims and detect potential errors.