The solution's primary use case is to automate the risk analysis department's work. The solution's main reasons for being developed are to create strategies for loan origination, banking, and risk management for insurance companies.
FICO Blaze Advisor was used for the business rules set up for the insurance perspective only. We had to set the business rules for the claims and then the solutions' underwriting.
We use FICO Blaze Advisor for designing projects to approve clients or loans. We have version 7.7, which is the common version. It's not the latest one, but it is the standard version which is expected on the client side. We have this solution on-prem. In the future, we plan to migrate to the cloud.
Business Rules Analyst at a financial services firm with 1,001-5,000 employees
Real User
2021-11-17T19:23:50Z
Nov 17, 2021
My work is mainly with the rules management engine, basically the second part of the Blaze Advisor solution. As a business rules analyst, I maintain and add rules in the solution and am currently creating tables and pieces of logic that the company needs. We work in several countries and I need to be sure that every piece of code and logic is based on the needs of each country. We're using the SaaS version and we are customers of FICO.
One of our clients is a mobile insurance company and there are many business rules. Let's say a person has filed a claim for his lost mobile. The software identifies the person, whether he has enrolled in coverage for that mobile or not, whether the insurance has expired, etc. We have implemented those rules in Blaze Advisor and it's provided as a service that can be consumed in the application used by the customer service representative.
Blaze Advisor empowers business users with multiple methods for rule development, authoring and testingincluding decision trees, scorecards, decision tables, graphical decision flows and customized templates. It also supports monitoring of business performance captured through user-defined events, providing the building blocks for strategy orchestration and champion/challenger strategies.
The solution's primary use case is to automate the risk analysis department's work. The solution's main reasons for being developed are to create strategies for loan origination, banking, and risk management for insurance companies.
FICO Blaze Advisor was used for the business rules set up for the insurance perspective only. We had to set the business rules for the claims and then the solutions' underwriting.
We use FICO Blaze Advisor for designing projects to approve clients or loans. We have version 7.7, which is the common version. It's not the latest one, but it is the standard version which is expected on the client side. We have this solution on-prem. In the future, we plan to migrate to the cloud.
My work is mainly with the rules management engine, basically the second part of the Blaze Advisor solution. As a business rules analyst, I maintain and add rules in the solution and am currently creating tables and pieces of logic that the company needs. We work in several countries and I need to be sure that every piece of code and logic is based on the needs of each country. We're using the SaaS version and we are customers of FICO.
I am a business analyst and I use this product to assist in decision making. We work primarily in the banking sector.
One of our clients is a mobile insurance company and there are many business rules. Let's say a person has filed a claim for his lost mobile. The software identifies the person, whether he has enrolled in coverage for that mobile or not, whether the insurance has expired, etc. We have implemented those rules in Blaze Advisor and it's provided as a service that can be consumed in the application used by the customer service representative.
* Applying changes in the system on the fly * Predicting customer behavior * Visibility of rules to the business team.