Source: Fair Isaac
Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, announced today that it has acquired certain assets of RulesPower, Inc., a provider of high-performance business rules management systems.
The addition of RulesPower's innovative, exclusive technology is intended to complement and advance the capabilities and user benefits of Fair Isaac's industry-leading Blaze Advisor rules management system.
Fair Isaac will integrate RulesPower's rules execution technology into Blaze Advisor, which will help organizations process and execute complex, high-volume business rules faster and more efficiently. The integration is also designed to enhance the performance of other Fair Isaac solutions in which Blaze Advisor is embedded, including Falcon Fraud Manager, Falcon ID solution, Capstone Decision Accelerator and more.
"Our acquisition of RulesPower technology is another investment in optimizing the value our customers can realize using Blaze Advisor and many other Fair Isaac solutions," said Mark Layden, vice president and general manager of Enterprise Decision Management software at Fair Isaac. "Blaze Advisor already delivers unmatched flexibility and agility to business rules users. We believe that integrating RulesPower's proprietary innovations will make Blaze Advisor even more compelling and valuable to more businesses across industries."
At the core of RulesPower's advanced business rules execution capabilities is a Business Logic Server driven by the company's proprietary RETE III execution engine. Designed for data and rules-intensive organizations where optimal performance is critical, the RETE III engine helps users manage large amounts of data and execute rules faster and more efficiently than other rules management systems. Fair Isaac will combine these capabilities with Blaze Advisor's existing performance optimization capabilities, powerful rules repository, developer tools and templates for business user rules management.
The RETE III engine was developed by Charles Forgy, Ph.D., co-founder of RulesPower and inventor of the original RETE rules engine. Forgy will continue to work with Fair Isaac in the research and development of new rules management innovations.
The acquisition of RulesPower is consistent with Fair Isaac's strategy of adding innovative technologies, people and other assets that complement and add value to the company's existing product and technology offerings. Terms of the acquisition were not disclosed.