A local insurance company required a modernized data environment to automate their month-end and year-end close processes.

Illumination Works is utilizing an artificial intelligence method called well-formed formula to create metadata structures and build a cost allocation rules engine. Our Rules Engine solution provides insurance business analysts and developers with a consistent and straightforward way to manage complex business rules and improve reporting. For this effort, our team is creating a transaction data landing, prioritizing conflict resolution rules, and developing a rules results-based audit process.