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Neuron Data's Elements Expert Chosen for SAPPHIRE Project

Strategic Insights

— 1 min read

Neuron Data, a leader in business rules automation, has been selected by Norwest Financial Information Services Group (NFISG) to provide Elements Expert, a key component in the development of SAPPHIRE, a large-scale system for consumer financial services. SAPPHIRE will support the origination, funding, servicing, and collection of accounts, as well as provide extensive management and financial reporting capabilities. This cutting-edge system will cater to 45,000 users and represent a significant step forward in the financial services industry.

Key Takeaways:

  • Neuron Data's Elements Expert has been chosen by Norwest Financial Information Services Group (NFISG) for the SAPPHIRE project, a large-scale system for consumer financial services.
  • SAPPHIRE will provide comprehensive support for account origination, funding, servicing, and collection, as well as extensive management and financial reporting capabilities.
  • The system will cater to 45,000 users, representing a significant step forward in the financial services industry.
  • Elements Expert is a key component in building SAPPHIRE, utilizing state-of-the-art technology to support business changes and adapt to high transaction volumes.
  • Business rules automation helps create smart application components that are adaptable to business changes and interact with customers.
  • Elements Expert allows users to capture simple or complex business rules in a visual, object-oriented programming environment.
  • Norwest Financial Information Services Group (NFISG) is an information services subsidiary of Norwest Financial, an $9 billion international financial services company.
  • Neuron Data is the global market leader in business rule automation, serving its customer base from twelve offices worldwide.

Statistics:

  • 45,000 users will be supported by the SAPPHIRE system.
  • The system will provide comprehensive support for account origination, funding, servicing, and collection.
  • Elements Expert will help Norwest Financial Information Services Group (NFISG) build a flexible and adaptable system where business logic can be changed quickly in a distributed environment with minimal impact on the application.

Sources:

  • "Neuron Data, Inc. Partners with Norwest Financial Information Services Group to Deliver SAPPHIRE"
  • Norwest Financial Information Services Group (NFISG)
  • Neuron Data
  • Neuron Data, Inc. Press Release

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