Sapiens Announces New Version of DECISION
Sapiens DECISION now offers enhanced integrated testing capabilities for improved modeling
Fort Lauderdale, FL, October 30, 2012 Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a global provider of innovative software solutions, announces today at The Building Business Capability Conference the general availability of Sapiens DECISION Version 3.0. The new software release offers enhanced modeling and testing capabilities.
Sapiens DECISION is a modern business decision management solution used by large organizations to build, maintain and leverage a centralized repository of reusable business logic. The software solution fully implements the 15 principles of The Decision Model developed by Larry Goldberg and Barbara von Halle. It ensures consistent execution and governance across all applications, across any rules engine or business process management system, and provides interfaces with any IT execution application.
With the deployment of the new version, Sapiens DECISION offers its clients an enhanced business logic repository to support large organizations with complex business needs and operational platforms. In addition, business changes are now better managed with unprecedented traceability from policy and regulations to execution results, significantly enhancing corporate governance.
To further improve the introduction of new policies or rules, DECISION 3.0 also includes an integrated Decision Model testing capability, including an automated test case generation. This creates a “sand box” environment that ensures optimal control in the introduction of change.
Sagi Schlisser, Sapiens CTO, commented: “DECISION is developed in line with the growing demand for the product, and the growing needs of our customers. It is the first solution that allows large organizations assume control over their business logic and have the confidence that is required to introduce change while avoiding risk”.
Tomer Srulevich, Vice President Business Development at Sapiens America, added, “Our continuous investment in DECISION backed by our Financial Services and Mortgage domain expertise, demonstrates our unprecedented commitment for innovation, while increasing the business value we deliver to our customers. Our solution is the missing link for many corporations dealing with regulatory pressures, governance and risk issues, as well as an increased complexity of managing business processes and business rules, thus explaining our success in particular with leading financial institutions.”
Sapiens International Corporation, (NASDAQ and TASE: SPNS) is a global provider of innovative business solutions for the financial services industry, helping enterprises to modernize business processes and respond quickly to change. Sapiens serves over 100 financial services organizations, backed by a team of over 750 experts in North America, the United Kingdom, EMEA and Asia Pacific.
About The Decision Model
In 2009 Knowledge Partners International introduced The Decision Model, a technology independent model based on the inherent structure of business logic. The model is proposed in a groundbreaking new book The Decision Model: A Business Logic Framework Linking Business and Technology (Auerbach, 2009). The book is written for both the technical and non-technical reader, providing a detailed theoretical framework as well as a real-life approach to adopting The Decision Model in practice in business rules projects. It also provides commentary on the use of The Decision Model in an Enterprise and Business Architecture, in Service Oriented Architecture, in Business Process Management, in business requirements, and analysis, as well as management practices in general (www.thedecisionmodel.com).
Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company’s accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company’s SEC filings.