Portfolio management efforts that require collaboration, communication, control, and coordination across teams of individuals now have an opportunity to base their business on a flexible platform that provides end-to-end portfolio management capabilities with the possibility to tailor the software for competitive advantage.
Harvard, MA (PRWEB) February 16, 2004--RuleSphere International today announced the introduction of an advanced portfolio management application software platform that broadens and extends the definition of portfolio management into the realm of performance management. Three components comprise RuleSpheres portfolio management platform announced today; Decision Factor AEM is used for portfolio modeling, analysis, risk assessment, and resource allocation. The second component, AEM Vault, provides a portfolio management hub for ongoing portfolio communication, collaboration, coordination, control, requirements definition and validation, reporting of baseline information, and more. The third component, AEM Dashboard, integrates with the AEM Vault for data visualization and metrics management.
Todays announcement also extends RuleSpheres lead in Agile Enterprise Management (AEM) performance management program initiatives. RuleSpheres AEM trademark connotes enterprise agility and nimbleness. This vision is carried out in todays portfolio management platform announcement because it enables advanced portfolio management functionality to be deployed across teams of individuals who are responsible for portfolio-related lifecycle management duties in the classic performance management process. RuleSphere defines performance management programs as systematic team-based initiatives that are undertaken by organizations to guide, modify, or improve business performance. Successful program initiatives employ measurement, feedback and positive consequences (recognition and reward) for achieving the specific behaviors that bring about desired results.
RuleSphere can now provide an enterprise-class system software platform that addresses a number of portfolio management issues and challenges that fall within the performance management definition such as closed-loop control, assignment of responsibilities, measurement of performance, enforcement of internal controls, business rule automation, process management, risk assessment and mitigation, and metrics management pertaining to the health and well-being of a portfolio.
Portfolio managers are looking for extensible and customizable solutions that have the horsepower to address enterprise class portfolio management challenges. RuleSphere expects that a large number of our customers will want to set up their own portfolio lifecycle management business rules and processes" says Mark OHearne, RuleSphere Director of Portfolio Management Services and Senior Vice President for RuleSphere, and we can get them off and running quickly due to our focus on internal controls and Business Rule / Process Management. We have a working collection of portfolio-related business rules that pertain to areas such as forward and backward looking intrinsic value calculations, portfolio prioritization, and allocation of resources across the portfolio."
The three solutions from RuleSphere combine to form a unique and an extensible portfolio management solution. They provide the performance management scalability for even the largest multi-national companies, yet companies of any size to can start small and obtain additional functionality over time. RuleSphere plans on announcing two additional components in Q2 to address program tracking and milestone definition. Also planned is a component for those companies that are managing portfolios of software products and need to assign cost values to their intellectual property for portfolio valuation. More details can be obtained by contacting RuleSphere (www.RuleSphere.com).
About RuleSphere International, Inc.
RuleSphere International, Inc. is a software provider of scalable performance management application software systems and consulting services. The firm specializes in building enterprise agility into mission-critical business operations through Business Rule and Process Management (BR/PM) automation; such as Straight Through Processing" (STP) applications for the Financial Services, Banking, Healthcare, and Insurance industries.
For more information on RuleSphere, visit www.RuleSphere.com.
For Additional Information Please Contact:
Phil Wilson, Founder and Chairman
RuleSphere International, Inc.
Tel. (978) 456-8253
E-Mail: info@RuleSphere.com
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