From product eligibility and loan origination to compliance and fraud detection, financial services organizations around the world trust InRule to automate mission-critical business decisions and processes. In fact, according to data from Home Mortgage Disclosure Act data and LendingPatterns.com, 60 percent of U.S. mortgages originated in 2020 were powered by InRule.
InRule makes it easy to respond to and take advantage of changing market conditions and requirements by separating decision logic from application code. By empowering business users to change rules and calculations without programming, InRule streamlines processes, lowers costs, and reduces risk.
In 2021, InRule Technology acquired explainable machine learning platform provider simMachines (xAI Workbench). That same year, the company acquired Barium, provider of Barium Live, a leading digital process automation platform. By augmenting the InRule Decision Platform with explainable machine learning and process automation capabilities, organizations will be able to utilize a single automation platform that pairs the power of AI, including automated decisions and explainable machine learning, with process design and execution.