Blogs

Traditional approaches to business rules create several governance vulnerabilities. Decision logic embedded directly in application code requires IT intervention for every change, creating bottlenecks that can take weeks or months to resolve. Enterprise-grade business rule engines (BREs) offer a transformative solution by centralising decision logic into manageable, auditable, and version-controlled systems.

Loan origination systems are quickly becoming the norm in modern-day lending. And business rule engines are the brain behind these LOS, empowering lenders to define and implement rules for approving or rejecting loan applications, enabling real-time lending at scale.