HOLON, Israel and ROCHELLE PARK, New Jersey, July 7, 2015 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the financial services sector, announced today that
its market-leading decision management platform, Sapiens DECISION,
provides support for the Decision Model and Notation (DMN)
specification recently adopted by the Object Management Group, an
industry standards consortium.
(Logo: http://photos.prnewswire.com/prnh/20120508/531104 )
DMN standardizes organizations' decision model notations for
both business and IT users, to enable more effective collaboration
and the exchange of models between technologies and organizations.
Larry Goldberg, a Sapiens
DECISION evangelist, and Barbara von
Halle, a Sapiens DECISION expert - formerly co-founders and
managing partners of Knowledge Partners International (KPI) - were
members of the core team that contributed to the content
specification.
The implementation of the DMN specification into Sapiens
DECISION began with the release of the current version, 4.5, and
will proceed with version 5. Adoption of the DMN notation standard
remains fully consistent with, and complements The Decision Model
(TDM), Sapiens DECISION's market-leading methodology for simply and
efficiently achieving comprehensive and automatable models of
logic.
"Only Sapiens DECISION can provide the powerful combination of
DMN and TDM," said Rami Doron,
managing director of Sapiens DECISION. "Sapiens' clients will
uniquely benefit from combining new, powerful, industry-standard
notation, with the simplicity, clarity, rigor, maturity and
advanced software functionality enabled by TDM. These dominant
methods and standards will ensure that Sapiens DECISION continues
to provide our clients with a clear competitive advantage in
managing their businesses."
Since its release in November
2011, Sapiens DECISION, based on the principles of The
Decision Model, has revolutionized the field of decision
management. It enables businesses, for the first time since the
advent of business automation, to model, test, maintain and manage
their business logic, independent of implementation technology. A
number of the world's leading financial institutions are using
Sapiens DECISION to author, manage and automate the operational,
policy and regulatory decisions made on a regular basis.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with an emerging focus on the broader financial services
sector. Sapiens offers core, end-to-end solutions to the global
general insurance, property and casualty, life, pension and
annuities, reinsurance and retirement markets, as well as business
decision management software. The company has a track record of
over 30 years in delivering superior software solutions to more
than 150 financial services organizations. The Sapiens team of over
1,200 professionals operates through our fully-owned subsidiaries
in North America, the United Kingdom, EMEA and Asia Pacific. For more
information: http://www.sapiens.com.
Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation