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Our frequent blog posts cover all things decisioning: credit risk management systems, credit risk consulting and training, advanced analytics and predictive modelling.
  • Decision vs. Rules Engine

Decision vs. Rules Engine

Decision Engine vs. Rules Engine Introduction Today we delve into the conversation comparing and contrasting Decision Engines (also referred to as a Credit Decision Engine) to Rules Engines (sometimes referred to as a Business Rules Engine). From a software architecture standpoint, a Decision Engine and a Rules Engine are both the same. Both operate on [...]

  • decision engine myths

Three Myths Why Not to Invest in a Decision Engine

Three Myths Why Not to Invest in a Decision Engine  Introduction In a two part series of articles last month we examined what is a decision engine and what are the core components and functionality? This article will review the top three myths and excuses that credit grantors make to avoid investing in such an [...]

  • decision engine functionality

What is a Decision Engine? Part 2 – Decision Engine Functionality

What is a Decision Engine? Part 2 – Decision Engine Core Functionality Introduction If you ask three people “what is a Decision Engine?,” you will probably get at least five different answers. For an application that has such a straightforward and descriptive name, there is a lot of confusion and misunderstandings about what a Decision [...]

  • GulfScore

ADEPT Decisions Launches GulfScore

ADEPT Decisions Launches GulfScore The First Decision Engine Customised for the Middle East Introduction ADEPT Decisions launched GulfScore, the bespoke Middle East North Africa (MENA) version of our award-winning decisioning software. Stephen John Leonard, Founder of ADEPT Decisions noted “We are very proud to unveil GulfScore. This custom release of the ADEPT Decisions Platform is [...]

  • introduction to decision engines

Introduction to Decision Engines: What They Are NOT – Part 1

What is a Decision Engine? Part 1 – What a Decision Engine is NOT! Introduction I always thought that the definition of a Decision Engine was very straightforward. It is software that makes a decision. A British advertising industry created a memorable catch phrase describing this kind of product: "It does exactly what it says [...]

  • history of Diners Club Card

Diners Club, Debt and The Downfall of Society

Diners Club,  Debt and The Downfall of Society   An opinion piece by Dominique Olivier The story of how one forgotten wallet in 1949 led to the invention of the credit card – and the global debt crisis that followed. When’s the last time you carried cash anywhere? Unless you’re regularly using public transport, it’s [...]

  • Separating Predictions from Decisions

Separating Predictions from Decisions

Separating Predictions from Decisions:  Model Execution and Decision Engine  Introduction Before the 1960s, Predictions and Decisions were mixed together in the area of credit granting to varying degrees. “Should an enterprise decide to accept your application for credit?” is a question that requires assessing your creditworthiness which ultimately entails predicting whether you will repay. Originally, [...]

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