The Business Rule approach to Payment Transformation: Lower Costs and Manage differentiated Service Levels with greater Flexibility

Over time, legacy payment systems have become highly fragmented into silos that are costly to operate and maintain. As competitive and regulatory pressure intensifies globally, financial institutions see the transformation of their payment systems as an opportunity to drive costs down by consolidating many duplicated systems while simultaneously improving flexibility and service differentiation.The IBM® WebSphere® ILOG Business Rule Management System (BRMS) is a key software platform able to support vital elements of payment transformation.