Solutions

Business decision support system

     

    The purpose of a Business Decision Support system is to provide a flexible and efficient software platform for financial organizations. The platform supports all business decisions during the entire life cycle of consumer credit. This platform will assist management in financial organizations to design and maintain the business rules quickly, flexibly and reliably in order to realize business decision automatic execution. This includes functions such as marketing, opening accounts, account management, and fraud detection. This platform will also support business decisions in related industries such as insurance and government.

     

    With increasing social and economic development, business decisions in the financial industry in China are also developing and changing. New problems and challenges are also seen in various financial business decision aspects.

     

Different aspects of business decision support system Problems and challenges

    Technology

  • Is there adequate data to use as the base for a decision?
  • Is the business decision appropriate for the current social economic development?
  • Can we forecast the consequences of the business decision?
  • Does the business decision reflect the overall policy requirements and policy purpose?

    Flexibility

  • Can the business decision help the company to adapt to the changing market?
  • How to customize the systems to ensure a fair decision for different customer demographics?
  • How to structure the decision service system to maximize efficiency?

    Consistency
  • Does the business decision process demonstrate management purpose?

     

    The problems and challenges in the business decision support process include the following aspects:

    • The requirement to manage a large number of business decisions.
    • Business rules need to be adjusted frequently. A problem arises when the IT department cannot meet the business requirements in time.
    • For competitive reasons there is a need to work out more complex decisions for differing business requirements.
    • There is a becoming a need to meet more complex regulatory requirements. What’s the name of our regulations? Sarbains and Oxley. Basel,European banks.

     

    Successful implementation of a financial decision support system can bring the following results:

    • Implementing a Decision Support System means that complex financial business decisions can be managed quickly and effectively.
    • Operational aspects can be simplified in that multiple decision management applications can reside in the same decision platform. All applications on one platform, lend cycle on same platform.

     

    Financial business decision support will benefit customers in following aspects:

    • Improved efficiency.
    • Improved business flexibility.
    • Reduced cost.
    • Minimal business risk.

     

    Bayshore offers special value in financial business decision support services.

    Value Value description

    Extensive Technical Background

      Develop and strengthen Blaze Advisor’s functions in security management, version management, test management and report management. Develop the rules template for a Chinese business model. Bayshore has the intellectual property rights for these subsystems. These enhanced management functions have received Fair Isaac’s recognition. Bayshore and Fair Isaac are always re-evaluating the application spread in the Asia Pacific area and some North America projects (such as CITI bank global).

    Mature industrial solution

      We have completed the following integrated industrial solutions:

    • Bank (credit card review and approval decision process), retail loan review and approval decision making processes.
    • Insurance (insurance verification decision process)
    • Government (Anti-Money Laundering case analysis decision process) POC

    Strong team implementation ability

    		 We have already successfully completed the implementation of a number of projects in several well known financial institutions.