ILOG(r) (NASDAQ: ILOG; Euronext: ILO, ISIN: FR0004042364) a leading provider of enterprise-class software components and services, today announced that Crowe Chizek and Company LLC has selected ILOG JRules, a key offering in ILOG's Business Rule Management System (BRMS) product line, to provide advanced business rule management functionality as part of its Straight Through Processing (STP) solution through a co-selling agreement between the companies.
As one of the top 10 public accounting and consulting firms in the United States, Crowe Chizek's clients include banking and financial services organisations in the areas of assurance, consulting, risk management, tax and technology. With the addition of ILOG JRules to its STP solution, Crowe Chizek can now provide these clients with a more flexible end-to-end solution.
ILOG JRules will enable Crowe Chizek to provide financial services customers with greater command and control of their business processes and workflows by giving their business users access to the business policies that compose the processes. For example, Crowe Chizek's banking customers can now utilise ILOG JRules business rule management features to perform flexible loan analysis, or to determine which documents must be submitted with an application. Business rules can help ensure that the critical business decisions that are made in a loan evaluation are based upon a consistent set of rules that are universally applied.
"Crowe Chizek chose ILOG BRMS because JRules provides the ideal combination of flexibility, scalability and performance that our customers expect from our STP solution," said Rory McClure, Executive Director of Crowe Chizek. "And rather than creating a custom application from the ground up, JRules allow our customers to flexibly implement and maintain their credit policies without the costly use of custom programming."
ILOG JRules is part of a Crowe Chisek initiative to incorporate best-of-breed technologies to enhance its STP solution. In addition to ILOG JRules, the new STP solution will use FileNet(r) Business Process Manager(tm). ILOG and FileNet announced an agreement earlier this year that resulted in the tight integration of their two market leading software products to extend the value of business process management (BPM) solutions. Crowe Chizek leveraged their knowledge of the market and customer requirements to combine the two products and create the improved STP solution.
ILOG has consistently built on its history of product innovation to make ILOG JRules the industry's leading business rule software. For the second year in a row, ILOG has been named to the leader quadrant of Gartner's Magic Quadrant for Business Rule Engines. ILOG's BRMS provides a competitive advantage for many strategic business applications. Compliance solutions powered by ILOG JRules monitor high volumes of data in real time, enabling the immediate detection and reporting of faulty or fraudulent information.
For business process management, ILOG JRules enables the effective management of the complex, dynamic rules that can number in the thousands for a discrete business process, maximising business agility. Customers of the award-winning ILOG JRules include CitiStreet, eBay, Zurich, MetLife, Sabre and many other leading Global 2000 companies and governments worldwide.