HOLON, Israel and CARY, North Carolina, May 4, 2016 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the financial services sector, today announced the
introduction of the latest and enhanced version of Sapiens DECISION
Manager, a key component of its Business Decision Management
solution, Sapiens DECISION Suite.
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These enhancements demonstrate Sapiens' continued focus on
defining and driving the relatively new, but rapidly maturing
Business Decision Management market with solutions designed to help
companies overcome the challenge of accurately and rapidly
translating business, policy and regulatory logic to executable
code.
DECISION Manager v6.0 is available for immediate delivery as a
stand-alone offering, or as a component of DECISION Suite. It
offers new features to further simplify and support the process of
planning, implementing and optimizing business policy changes. By
automating the high volume of decisions made by an organization on
a daily basis and providing visibility into their dissemination
across all areas of business, DECISION Manager is better able to
model, test, validate and affect the impact of decisions on the
organization's operations.
The new version of DECISION Manager, powered by The Decision
Model, builds on already strong capabilities to better help Sapiens
DECISION customers address their Decision Management needs with a
model to visualize and represent business/decision logic and the
underlying decision conditions; a method for discovering and
capturing logic, to ensure a complete logic model; and the
necessary software to store, manipulate and execute logic.
The new and improved capabilities offered with DECISION Manager
v6.0 include a redesigned Release Management module with an
intuitive user experience and extensions for highly productive
management and deployment of decisions, including:
- Seamless support for updating and changing business policies
affecting organizations in highly regulated industries across
multiple system deployment destinations and applications
- More efficient management of decision asset (decision flows and
decision views) versions in a release, while maintaining the
highest degree of governance and auditability
- Implementation of a standards-based approach incorporating
industry terminology to make decision flow and decision view edits
through streamlined mechanisms, such as "pull requests," which
accelerate asset changes, additions and approvals
Commenting on how decision management tools and thinking can
help organizations act with confidence in decision-making,
Neil Ward-Dutton, research director
at MWD Advisors, said, "Business rules encoded in software need to
evolve ever more quickly to keep up with faster business change
cycles: traditional approaches to requirements gathering and
software design are broken. Decision Management is an emerging
practice, supported by specialized software, that leverages and
extends the common capabilities of business rules management
systems to explicitly manage the lifecycles of business decisions
and policies, and their implementation in software, as they change
over time."
"As increasing numbers of industry analysts and influencers such
as Neil and his colleagues at MWD Advisors are recognizing the
emerging nature and importance of the new Business Decision
Management market, we are in an ideal position to help educate and
lead with our Sapiens DECISION Suite," said Kramer Reeves,
vice president of Product Marketing, Sapiens DECISION.
"This new version of Sapiens DECISION Manager is just the latest
development in our ongoing efforts to respond to the needs of our
customers and the business community at large when it comes to
effectively managing complex business logic, including ensuring
continuity throughout the entire enterprise."
While DECISION Suite, including DECISION Manager, can offer
tremendous value to virtually any industry, Sapiens focuses on
delivering in its areas of domain expertise - insurance, banking,
retirement services, health care and government.
About Sapiens DECISION Suite
Components
In addition to the Sapiens DECISION InfoHub and Sapiens DECISION
STEP, the Sapiens DECISION Suite also includes: Sapiens DECISION
Manager, which helps organizations manage the business logic that
drives their automated business decisions; Sapiens DECISION
Deployment Adapters, for transforming business logic and executing
it in the chosen architecture; and Sapiens DECISION Execution,
which performs business logic execution in Sapiens' integrated
execution environment.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the 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 190
financial services organizations. The Sapiens team of over 1,700
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media 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