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Anita Bunk
Head of Communications

Odyssey Partners with Innovations to use Visual Rules within its Solutions

Lausanne/Switzerland, Immenstaad, 02/07/2007 -

Odyssey Financial Technologies, an industry leader in wealth management automation, has signed a partnership agreement with Innovations Softwaretechnologie, the market-leading Business Rules Management company, to use the Visual Rules product within Odyssey´s solutions.

Visual Rules will serve as a base for the implementation of business rules at different levels - within processes, workflows, page flows, and at a transaction level for validation and calculations. Integrating the business rules management system into its IT infrastructure will allow Odyssey to centralize all business rules within a single repository. Odyssey clients will then be able to quickly adapt business rules to new regulations and work practices, without any technical knowledge. One key feature of the new business rules system will be in assisting customers to implement changes to ensure compliance with MiFID requirements, which will be launched later this year.

Visual Rules was chosen as the most intuitive and high-performance solution, allowing users to quickly define, visualize, manage and automate business rules. Graphical modeling of business rules is possible without technical know-how, and corresponds to the way people think. An integrated modeling approach that supports the user in every phase of the business rules management process is employed, and a test-driven approach permits extensive test management for quality assurance. Visual Rules is designed for the highest level of performance, enables full application management with flexible release cycles, and can be fully integrated within a Service-oriented Architecture (SOA).