RuleBurst
Encyclopedia
Canberra
Canberra is the capital city of Australia. With a population of over 345,000, it is Australia's largest inland city and the eighth-largest city overall. The city is located at the northern end of the Australian Capital Territory , south-west of Sydney, and north-east of Melbourne...
, Australia-based independent software vendor
Independent software vendor
Independent software vendor is a business term for companies specializing in making or selling software, designed for mass marketing or for niche markets...
that develops and distributes the RuleBurst 8 and Oasis suites of software products.
RuleBurst 8 is a Business Rule Management System, or business rules engine
Business rules engine
A business rules engine is a software system that executes one or more business rules in a runtime production environment. The rules might come from legal regulation , company policy , or other sources...
. Using a combination of RuleBurst 8 and appropriate domain expertise RuleBurst has amassed considerable expertise in helping organisations rapidly capture their business rules from voluminous and complex information sources. RuleBurst has a speciality in being able to derive business rules directly from legislative sources. Some of the solutions RuleBurst can deliver include compliance with government policy and regulatory regimes; simplifying the provision of complex government information to citizens; banking, finance and insurance industry compliance and process solutions; and entitlement and benefit assessment for government and the private sector
The Oasis suite of software solutions addresses Governance, Compliance and Risk Management
Risk management
Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities...
issues. Oasis enables identification, analysis and management of operational risk on an integrated, organisation-wide basis. It reduces the time and costs associated with ongoing compliance by combining document management, business process management and customisable reporting capabilities, enabling organisations to document controls and automate end-to-end compliance processes.
RuleBurst acquired Haley Systems in November 2007 and rebranded to Haley in early 2008. See the press release and Gartner's view for details.
On October 29, 2008, Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
announced it had entered into an agreement to acquire RuleBurst Limited.