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CUSTOMER SPOTLIGHT
Digital Insight for quick decisions
ILOG JRules lends speed to AXIS Lender Platform
Digital Insight (www.digitalinsight.com) enables banks and credit unions to become the trusted transaction hubs of their retail and commercial customers. The company provides a host of products and services for retail and commercial Internet banking, including electronic bill payment, e-commerce portal technology and wireless channel delivery.
These elements form a significant part of the customer experience offered by Digital Insight's banking clients, and contribute to the company's ability to enable quality lending decisions as fast as possible. Digital Insight can now offer even faster times to render a loan decision for a customer because the leading e-finance enabler now uses ILOG JRules in AXIS Lender Platform.
Every lending institution has its own unique set of policies. Complicated and dynamic, these policies are represented by hundreds, even thousands, of business rules. ILOG's Business Rule Management Systems provides a user-friendly way to manage and maintain these rules.
Embedded in AXIS Lender Platform, ILOG JRules represents the business rules driving each customer's specific loan decision-making process. ILOG JRules also lets business users write and change rules for products, without IT support. They can rapidly implement changes to business policies in response to changing market conditions.
"ILOG JRules plays a role in our AXIS Lender Platform by providing an easy-to-use business rule management system that allows Digital Insight to provide our clients with a fully customized application that can be adapted based on different services, products and guidelines."
Bob Surridge
Senior Vice President
Lending Division
Digital Insight |
 Financial Engines optimizes advice
ILOG CPLEX to support retirement programs
Millions of people participate in retirement programs, but few have the time or knowledge to manage a diversified portfolio. Financial Engines (www.financialengines.com) enables financial institutions and employers to provide comprehensive investment advice, with information technology and services for investment forecasting and decision support.
Continuing its pursuit of unparalleled technology, Financial Engines has selected ILOG CPLEX to enhance the company's ability to create intuitive, actionable advice from the tremendous complexity of real-world portfolio optimization. ILOG CPLEX will be used to give customers recommendations that reduce portfolio turnover, minimize taxes, incorporate transaction costs, avoid trace allocations and handle minimum investment constraints.
Financial Engines has alliance relationships with more than 15 financial institutions, including J.P. Morgan/American Century Retirement Plan Services, and Northern Trust Retirement Consulting. Over 850 employers, including 3Com Corporation, Dow Corning and The Goodyear Tire & Rubber Company, use Financial Engines' advice technology and services to provide investment forecasting and recommendations to more than 3 million people.
"We're committed to providing financial institutions and employers with the advanced technology they need to deliver advisory services to their clients and employees. As demand for our platform increases, along with the requirements for functionality and performance, best-of-breed technology that can handle this growth has become crucial to us for maintaining our competitive edge. ILOG CPLEX can help us meet these objectives."
Garry Hallee
Executive Vice President
Financial Engines |
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Chile optimizes school catering
Country saves $40 million with ILOG CPLEX
Chile has saved $40 million in meeting the challenge of feeding 1.3 million students a day through a network of caterers chosen with a bid-checking solution built by the University of Chile and based on ILOG CPLEX.
The National School Assistance and Scholarship Board (JUNAEB) of Chile is responsible for keeping the nation's school children fed. To better select meal services for more than 14,000 schools, the government agency asked the university to develop a system that could check the offers submitted by catering services and select those with the best bids and regional coverage, and the ability to meet JUNAEB guidelines for meal content and quality.
The university built the solution with ILOG CPLEX. The leading optimization component captures the entire bidding process -- more than 20,000 variables -- and finds the best candidates in less than two minutes.
According to JUNAEB, the application saved the Chilean government $40 million - 25 percent in expenditures - its first year in operation. This is equivalent to feeding 345,000 students over the course of a year. The system has also enabled JUNAEB to improve the nutritional content of the meals, the infrastructure for delivering the meals, and the working conditions for the food handlers at the schools.
"We were solving 700 problems, and each solution could not take more than two minutes."
Jaime Catalan
Researcher
Industrial Engineering Department
University of Chile |
EADS sharpens surveillance
Adds ILOG Views interface to tactical system
 Modern coastal defense depends on highly sophisticated airborne surveillance systems like the Fully Integrated Tactical System (FITS) from the European Aeronautic Defense and Space Company CASA (EADS CASA: www.eads.com). To make FITS a more competitive choice for monitoring the waters off the coasts of the United States and other countries, EADS CASA - the Spanish arm of EADS -- has selected ILOG Views for a comprehensive graphical user interface (GUI).
FITS equips patrol aircraft with an array of sophisticated sensors for detecting and tracking both surface and submarine vessels. The system uses the data from the sensors to classify and identify vessels, and then displays the information with the ILOG Views-based GUI.
The complexity of the data and the rapid decisions operators must sometimes make, require a GUI that is highly accurate, intuitive and user friendly. ILOG Views delivers these crucial traits with mission-specific graphics and features.
FITS is currently being used by the Spanish Air Force's Orion fleet, and EADS CASA CN-235-300ER aircraft equipped with FITS are included in a winning Integrated Coast Guard Systems (ICGS) contract with the U.S. Coast Guard. Other countries that have selected FITS include Brazil, Mexico and the United Arab Emirates.
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