Rule Based Software
Rule based software analyses and processes data without manual interaction according to
pre-defined rules. The individually pre-defined rules are applied automatically during the
processing. In this way, the manual and financial effort is significantly reduced.
Rule based software is used for example in:
Automated data maintenance (e.g. Preparation of financial instruments for trading)
- Enforcement of regulations (e.g. Compliance with international regulations regarding asset management for banks)
- Recognition of characteristic features, patterns and trends (e.g. detection of insurance fraud, detection of prescriptions for unnecessary or wrong medicines, anonymization of text documents)
- Detection of hazardous situations (e.g. in traffic, process monitoring or national security)
- Knowledge-based diagnosis and expert systems
Rule based software is suitable for all kinds of companies and organisations having to deal with
large amounts of data, complex data models and/or operating in a dynamic environment.