Cloud Infrastructure and Low-code dev tools

BUSINESS

RULES

Business rules drive the behavior of real businesses, serving as the brains behind any type of software.

In fact, 80% of the logic in banking software consists of business rules.

ProcessMIX was specifically designed to be a business rules engine in the cloud, providing a tool for defining, executing, and managing various types of rules and predictive models.

These business rules are typically defined in the form of flows, with each flow representing a sequence of steps executed in a specific order.

Build visually

Decision Table

Simple rules with multiple conditions

In this case, a Decision Table is the right choice to use.In decision tables, you can define conditions and results for each rule.A Decision Table contains rows where each row is an independent rule based on the same conditions but with a different result.

Flow

Complex rules

For rules with multiple independent conditions and heavy mathematical calculations, it is better to use flows.Flow nodes provide thousands of different functions to operate with dates, strings, numbers, arrays, maps, and other structures.You can achieve the required result without coding and scripting. Any rule can be configured visually!

Predictive Models

Scoring, classification, and regression models

Scoring and other predictive models are a must-have nowadays for most decision strategies in any industry.With ProcessMIX, you can use the visual builder to create scoring cards, or you can import any predictive model in PMML format and run it as a node inside flows.Supported models are: Neural Network, Cluster Models, Regression, k-Nearest Neighbors, Gaussian Process, Bayesian Network, Vector Machine and others.

Integrate

Ready Connectors

ProcessMIX, as a low-code platform, has ready connectors that allow for operation with external data. REST, SOAP, database, and queue connectors will help retrieve any data you need. Additionally, ProcessMIX offers hundreds of ready-to-use connectors, including:

Credit bureaus

ERP systems

CMS systems

Core banking software

Payment gateways

Alternative scoring providers

Test and simulate

Testing

Isolated testing of changes

Each ProcessMIX user can run and test changes independently with just one button click.Forget about DevOps or engineering teams. ProcessMIX facilitates testing by providing a history of requests and generating randomized data to expedite the testing process.For complex rules, users can benefit from using the debug functionality, which helps to control the state of the rule at each step.

Governance

Versions control and rollback of changes

Create multiple versions of your decision flows and business rules to test different approaches or iterations.Create and use metrics such as conversion rates, engagement levels, and customer satisfaction to evaluate the effectiveness of each flow version.Analyze the data collected from each version to identify which decision flow performs best. Use this information to iterate and improve future versions.

Simulating

What-if scenarios and simulations

An important aspect of the rules development process is the ability to simulate a new version and compare the results with historical data.This ensures that critical functionality, which could have a significant impact on the real business state, works correctly.ProcessMIX offers a tool that enables the creation of test scenarios with multiple test steps. These scenarios can be connected with different data sources, including databases or files, for the requests to be tested.

Analyze

Dynamic charts

ProcessMIX Quality Analyzer provides possibility to fetch required values from tests and to build various charts and plots. All results can be exported to CSV.