Search free mortgage software,mortgage calculator
 
Corticon's Business Rules Management System Mitigates Risks for California Realtors  
Published:  5/8/2008 1:08:43 AM
Company Site:  http://www.prweb.com/releases/2008/5/prweb922444.htm
Category:  Software Applications
Last View 5/13/2012 2:38:24 AM
PR Hits 141




Technology PR:

Redwood City, CA May 7, 2008 -- Corticon® Technologies (www.corticon.com) today announced that the California Association Of Realtors® (C.A.R.) (www.car.org) has released a dialog-driven Forms Advisor built on Corticon's Business Rules Management System (BRMS). Forms Advisor™ ensures that the proper set of forms are used for each real estate transaction and is available to nearly 175,000 member agents and brokers in California.

"The Forms Advisor project is viewed as the nexus to risk resolution for our members," said C.A.R. President William E. Brown.

"The rules governing which forms to use change frequently in response to changes in the law, best practices and changes in the text of the forms themselves," he said. "Some forms apply state-wide, while others are specific to regions, geographies or local associations. Brokers also have their own specific forms and rules; some of which override the local or statewide forms.

"The Forms Advisor solution leverages Corticon's Business Rules Management System to define, automate and manage the rules for forms selection," Brown said. "This enables brokers, sales associates, and transaction coordinators to go to a Web site, answer a few simple questions, and determine which forms to use, providing a higher level of service to their clients and avoiding expensive and time-consuming litigation.

One of the requirements when developing Forms Advisor was the need for a Business Rules Management System (BRMS) that also could be malleable in the face of rapid and frequent change. The solution also needed to easily and naturally conform to C.A.R.'s specific needs; be modular, to cleanly separate rules modeling from implementation; be user friendly, to empower business analysts to directly manage the rules without programming; and be scalable, to accommodate growth and support the expected changes in a cost effective manner.

After evaluating several vendors, Corticon's BRMS was selected. "Corticon presented the closest match between capabilities and C.A.R.'s requirements. It clearly distinguished itself in terms of rapid prototyping ability," said Brown. After a five-month development effort, the Forms Advisor solution was successfully launched in April 2008.

"We are pleased to provide the underlying business rules platform for the powerful and innovative C.A.R. Forms Advisor solution," said Dr. Mark Allen, Co-Founder and CEO of Corticon. "As this case illustrates, self-service applications, powered by business rules, can dramatically improve customer service and satisfaction."

About Corticon
Corticon Technologies, Inc. delivers software solutions that unleash "The Power of DecisionsTM", helping organizations achieve unprecedented automation, agility and control of operational decision-making tasks. Many of the world's most successful organizations rely on Corticon's Business Rules Management System (BRMS) to discover, model, execute and improve their operational decisions in areas such as claims adjudication, underwriting, order processing, diagnostics, compliance and audit.

Corticon is a privately held company headquartered in Redwood City, California, with European headquarters in the Netherlands, worldwide distribution via regional offices and an extensive partner network. Recognized as a leading BRMS vendor by industry analysts and thought leaders, Corticon's products are in use today at many of the world's largest banks, insurance companies, media companies, telecommunication providers and government organizations, collectively automating millions of decisions per day.

About the California Association Of Realtors®
Leading the way...® in California real estate for more than 100 years, the California Association Of Realtors® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.



Home  

 



Related Technology PR News:

New Visual Rules 4.2 for Business Rules Management -- with Rule Dependency Graph - August 9, 2008 -- Organizations such as the US Navy and Volkswagen Bank ..  (112 Views)

Sentrana Announces New Capabilities in Price & Rules Management - Washington, DC | 11.05.08 – Sentrana Inc., a Washington DC-based leader in solutions for excellence in scientific micromarketing, announces the introduction of new capabilities in price management and ..  (72 Views)

Enhancing Business Process Management with Business Rules Webinar scheduled for February 18, 2010 - Calabasas CA - Modern Analyst Media LLC, the premier publisher of online business analysis and requirements management resources, announced today that it will host a free webinar (web seminar) offerin ..  (43 Views)




RSS Feed of new press releases                                                             Home        Feed Map        Submit Press Release        Contact 
Privacy Policy