Advertisment

ICICI Bank-Business Rules Engine

author-image
PCQ Bureau
New Update

The Business Rules Engine (BRE) ensures policy compliance by putting

deviation and mitigants into the system. Blaze from Fairlsaac is the product

that has been implemented for BRE, and it runs runs on a Pramati server in an

Active-Active cluster. The rules are written by business-in-development

interface, and are tested for accuracy by uploading test cases within the

application.

Advertisment

The rules are then deployed in a UAT environment, which is interfaced with

various applications like the Application Processing System, etc, to check

results. Once the working of the rule is confirmed, it is deployed in the form

of an XML file.

Any changes to these XML files triggers the BRE to refresh the cache,

allowing hot deployment. BRE nullifies the risk of a physical copy being leaked

out to competitors.

It ensures that all policies are directly fed into the engine, and that only

a handful of people responsible for maintaining the policy know about it.

BRE enables businesses to change the policy themselves in real-time without

the intervention of any vendor, thereby reducing the time taken to change the

policies, and keeps policies within a closed user group.

Project Specs
Business problem: Correctional

changes in new policies were time consuming, as vendors intervened


IT solutions: BRE puts deviation and mitigants into the system and

provides the ability to change policies

Impact: Enables policies to be changed on the fly and maintained

within a closed group

Implementation partner: NSEL and Fairlsaac

Project Head: Sanjay Sood, Assistant General Manager

Advertisment