Using Ockto data in your workflow in no-time
Rulecube appliedstatus
Product
description
Make calculations and decisions with Ockto data.
modules
API, business rules, workflow.
outline
You want to use transaction data or other source data to make a decision about a client. You don't want to wait for your system supplier to build an extensive integration.
What Rulecube did
Ockto provides data access to an array of data sources. Using the Ockto app, your clients can consent access to their pension data, information on bank transactions, income, and other details. Usually, you need this data to decide on a client's eligibility for a particular loan, subscription, or other product or service.
We embedded Ockto in Rulecube's workflow engine. This approach allows you to kickstart your Ockto process. Using the predefined workflow template, you can immediately start defining the business rules and calculations needed to make the decision automatically. This way, using Ockto does not result in a data dump but in a red light/green light decision.
In the same workflow, you can store the essential data in your database and prompt follow-up based on the outcome of the decision. This could be a quote or an email declining the application.
Rulecube is used to define the business rules and the process. It is also the system that connects Ockto to your systems as an API. Rulecube also enables you to draw up the quote documents or emails.
This product is ready for you to use. Contact Ockto for more information on Ockto Flow. An impression of the architecture you would achieve is shown below.
The stats
Total project time
Time it would take from official kick-off to go-live to get your tooling in place.
Effort client side
Mostly to determine the desired workflow and supply API tokens for current systems.
Capacity
Number of files that can be handled per hour. Should be enough.
Unbiased decisions and limited personal data
Rulecube logs every change in the business ruling and the calculations. It is completely transparent in its decision-making. That means that the exact reason for not qualifying can always be retraced. Rather than saving all the disclosed data, you save only the data on which the decisions were based. You save only the essential information.
This enables you to make good, transparent, and unbiased decisions without storing an enormous amount of personal data. Unfiltered heaps of personal data are a compliance liability. Rulecube reduces that risk.
Save 70% of your time
Using the Rulecube integration of Ockto in a predefined but completely adjustable workflow template eliminates integration efforts. The focus can lie entirely on the functional design and the products’ business requirements. Defining this usually takes a little under two weeks. Once that is done, building the actual application process only takes a day.
This means you save 70% of the internal hours.
And off course that also leads to a staggering reduction in go-to-market time. Get ready for instant gratification.
But don't take our word for it. See it for yourself. Use the button below to schedule your personal demo.
