Start now. Prove the value of Rules.

Business Rules can help you manage the increasingly complex regulatory environment while detecting and eliminating fraud.

• Know your Customer

Know-your-customer legislation requires banks to identify and track customers accurately across channels and over time. With Business Rules centralized policies can be managed to ensure that every system and every process applies the correct logic to check, match and identify customers throughout the customer lifecycle.

• Anti-Money Laundering

Anti-Money Laundering regulations require systematic and well defined checks on customers, transactions and even on sets of transactions. Managing the rules is not enough. Banks must be able to demonstrate that they applied the rules consistently to every customer and every transaction. Centralized rules management ensures demonstrable compliance without sacrificing business agility.

• Fraud Detection

Credit card fraud, check fraud, and identity fraud are all business challenges with a direct impact on your bottom line. Corticon's business rules management system can perform detailed checks on every transaction in real-time, ensuring that your best experts' know-how is always applied, maximizing the amount of fraud discovered in time to do something about it. And rules can also ensure that cases move through the system as, and when, they meet defined criteria, speeding the process of investigation and resolution.

• Basel II

The Basel II regulations are increasingly driving the behavior of banks around the world. Using Business Rules to manage the calculations in Basel II ensures they will be consistent across channels and across systems without hard-coding them. So when the regulators change the rules, you will be ready to respond quickly