The bank offers change frequently and usually with short notice. NOTUS has to respond rapidly to update quotes, terms, and even the sales process.
The client recognized the need for a rules engine early on. NOTUS narrowed the choice to three systems:
Hyperon proved best in the final assessment.
When you include SLA, Drools become even more expensive than Hyperon. We believe that SLA is an essential factor for a financial institution with lots of customers.
Camunda requires to model processes using BPMN. In the NOTUS case, the process is constant. The configuration, on the other hand, changes frequently. Software developers are responsible for such modifications in Camunda. This approach is expensive and time-consuming.
Hyperon empowers business users to control the configuration. NOTUS valued this feature highly. Hyperon feature also appreciated by NOTUS is pricing.
NOTUS implemented Hyperon as a part of its new sales system for brokers. The developers praised Hyperon for its capacity to speed up the whole process.
The first public release of the software took place after six months. During the next three months, the team focused on responding to the users' feedback.
Hyperon helped to deliver a system that:
The new system enabled to shorten the time spent on a customer significantly.
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When to use Hyperon as a BRMS
Hyperon enables developers to externalize complex business logic. This logic (for example pricing or scoring rules) can be modified by developers or business experts in the Hyperon Studio UI. Each modification is immediately reflected in any application that uses Hyperon Runtime library, so we can say users may modify logic on the fly.
That makes Hyperon the best fit for the kind of rules-heavy projects found often in the finance or insurance industries.