InRule for Financial Services
InRule provides a decision platform and business rules management system (BRMS) that provides financial services organizations around the world with unparalleled agility to respond to and take advantage of changing market conditions and requirements.
In fact, according to data collected by the Federal Financial Institutions Examination Council under the Home Mortgage Disclosure Act (HMDA), in 2017 four of the top six mortgage originators in the U.S. powered their loan business with the InRule Decision Platform.
InRule empowers financial services firms to enhance the outcomes of critical processes including:
- Product eligibility
- Loan origination
- Credit scoring
- Fraud and money laundering detection
- Data validation
- Cross-sell and upsell
- Customer self-service
A top US bank used InRule to enable their Credit Risk Analysts to configure new scorecards and revise existing ones, taking 60%-70% of initial programming out of the cycle time, reducing ongoing IT maintenance and significantly enhancing speed to market. Choosing InRule over coding logic has saved our customers an average of $830,808 per deployment.
Learn more about the use of InRule with Ellie Mae’s Encompass mortgage solution.
Click on the logos below to learn more about how financial services organizations are using InRule.