Published on 10 Jan 2011

Customer
Visa Europe

Industry
Banking

Deployment country
United Kingdom

Overview

A major European payments products and services provider implements IBM WebSphere ILOG JRules at the heart of its new clearing and settlement system platform to provide a more flexible solution and faster time-to-market for new products and services

Business need
As a major payments products and services provider for the European marketplace, Visa Europe must tailor its processing rules to meet the needs of distinct geographies and members. The company has to ensure that it is meeting regulatory requirements, but also build value into all the products and services that it provides.

Solution
Working with IBM Software Services for WebSphere, Visa Europe implemented IBM WebSphere ILOG JRules at the heart of a new clearing and settlement platform that enables Visa Europe to reach unprecedented levels of agility and quickly adapt to changing European market needs. The solution provides a rule-based decisioning repository and process to speed payments while ensuring security.

Benefits
- Provides significant time savings in responding to market and regulatory changes and member requests - Lowers IT maintenance costs - Accommodates increased business volume of transactions, enabling the company to drive up revenues - Allows faster introduction of product and service innovations to help maintain the company’s competitive edge

Components

IBM products and services that were used in this case study.

Solution
Smarter Planet

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