|
PARTNER NEWS
 Cap
Gemini Ernst & Young
Farmers growing satisfaction
Welsh farmers depend on subsidies granted through the European Union's Common
Agricultural Policy (CAP) program. Delays in processing their subsidy claims
can impact not only their businesses, but the local economy as well.
To increase the speed and reliability of the process for awarding CAP subsidies,
the National Assembly for Wales has
automated its claims processing with a solution developed by ILOG partner Cap
Gemini Ernst & Young , using ILOG JRules™ and FileNet's Enterprise Content
Management platform. CAP Management (CAPM) bypasses the assembly's much slower
manual checking system by clearing claims using business rules defined with
ILOG's JRules, a key offering in ILOG's Business Rule Management System (BRMS)
product line.
The assembly receives over 90,000 CAP claims annually, and awards
more than £160 million (about $270 million) to Wales' 16,000 farm businesses
each year. ILOG JRules' speed enables the new system to clear claims in just
hours, and allows program administrators to maintain CAPM directly, in addition
to implementing new regulations themselves. CGE&Y and the Welsh Assembly plan
to jointly market CAPM internationally.
"[ILOG JRules] ability to process the multitude
of new rules and regulations coming out of Brussels each year was essential
for us. Equally, by automatically processing the vast majority of the
CAP claims, we are now able to pass on even more of the subsidies to
our farmers."
Nick Lilley
Head of CAP IT
Welsh Assembly |
 Smart
Trade Technologies
Trading up
As more investment houses offer their services via the Internet, the ability
to automate financial trading strategies is becoming increasingly important.
Through a co-selling agreement with ILOG, Smart
Trade Technologies is adding ILOG JRules™, a key offering in ILOGs Business
Rule Management System (BRMS) product line, as an enhancement to the smartTrade
Trading Platform (STTP). In combination with STTP, traders, asset managers,
brokers and corporate clients will have more agility in automating trading
strategies, while increasing their deal potential by better matching their
customers' requirements.
STTP is the foundation of the smartTrade Trading Suite, which replicates
online the negotiation process between traders and clients. ILOG JRules automates
certain trading activities, and lets traders quickly define governing rules
based on market conditions, execute multiple orders across a variety of assets,
and change rules directly, with limited technical support. The collaboration
between the two companies has increased the functionality and expanded the
user base of the smartTrade Trading Suite. It gives users more control over
trading strategies and trade order execution, while allowing them to dynamically
manage and deploy policy changes with ILOG JRules. Prior to the ILOG JRules-STTP
combination, the complex decision-making processes for automating trading strategies
had to be built by hand and executed either manually or with cumbersome calculation
engines.
"With the inclusion of [ILOG] JRules as
an optional component around STTP, we'll bring a new dimension to what
electronic trading enables today."
Harry Gozlan
CEO and founder
Smart Trade Technologies |
|
