Business Rules Model for the Automation in the Receipt of Credit Applications by Financial Institutions based on ArchiMate

Abstract

Through different viewpoints exposed by an ArchiMate Business Architecture Model, a high level of business abstraction is achieved in the development phase of a software system. This allows to carry out the automation of business rules for payroll loan products placement within the receipt of credit applications. Currently the flexibility of information systems plays a key role as a strategy in the decision-making process in financial institutions. This is because they require a timely response to the changing market demand for products and services for financial consumers. Given the above, information technology management in organizations faces the ongoing challenge of developing software solutions that meet the needs of internal and external customers. This is done by using recurring architectural models that provide safety, maintainability and scalability. In order to make this possible, a business rules automation model that dissociates the business logic from the business rules facilitates, subsequently, a possible change in the proposed rules. In this paper, the architecture of the software system is based on five viewpoints offered by the ArchiMate modeling, which was carried out with the modeling tool Coloso.