Oracle In-Memory Policy Analytics · For more information on Oracle In-Memory Policy Analytics •Product Documentation

Oracle In-Memory Policy AnalyticsPredict the Impact of Policy Change

Features and Benefits

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Features and BenefitsNovember 2014

Oracle Confidential – Internal

Safe Harbor Statement

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon


commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

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Agenda

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Business challenges

Solution overview

Feature walkthrough


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Feature walkthrough

Additional resources


Agenda

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Business challenges

Solution overview

Feature walkthrough


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Feature walkthrough



Business Challenges

Governments are increasingly required by law to predict the impact of legislative and policy change

Private enterprises must ensure


Private enterprises must ensure any policy changes comply with regulations while enhancing their competitive advantages

This process can be time consuming and hard to manage


Public Sector

Governments need to optimize the money they spend on benefit programs and target tax laws appropriately

Many countries also have frameworks that require formalized policy planning and reporting:


formalized policy planning and reporting:

• OECD states must create regulatory impact statements for all proposals and periodically assess existing law

• EU conducts policy impact assessment for all initiatives

• US requires federal agencies to prepare a cost-benefit analysis for any significant regulatory action


Private Sector

Businesses need to comply with government regulations, retain and grow customer satisfaction, meet organizational targets while maintaining profitability in

an increasingly competitive landscape


an increasingly competitive landscape


Goal: Allow Business to Effectively Manage Policy Change


Predict and report the impact of proposed policy change

Refine and improve policy Prepare for change by allocating staff, funding, training to areas most in need


Business Use Cases

Financial Services

Identifying where a policy change may result in fewer customer loan defaults or higher customer retention

Health

Predicting the impact of fee and incentive changes on high demand services


Insurance

Determining potential customer base for new products and targeting promotion or incentive policies

Higher Education

Identifying where changes to course structures, sponsorship and grant arrangements may impact existing students or enrolments

9Oracle Confidential – Internal

Public Sector Use Cases

Social Security

Identifying ‘winners’ and ‘losers’ in a proposed policy change and areas most in need of support through policy change

Taxation

Costing policy change, identifying unusual outcomes and assessing tax incentives


Immigration and Customs

Comparing effects of policy changes to streamline business without impacting organizational goals

HCM

Predicting the cost of changes to promotion, transfer and leave policies in the current workforce

10Oracle Confidential – Internal

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Business challenges

Solution overview

Feature walkthrough


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Feature walkthrough



Solution: Oracle In-Memory Policy Analytics

Empower policy owners to quickly assess the impact

of existing and proposed


of existing and proposed policy using real

business rules and real business data


Process Overview

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal 13

Model policy or legislation in Oracle Policy Modeling

Map your organization’s data onto the rules

Easily chart and compare policy options

Capture Policy and Legislation in an Intuitive Interface

• Only OPA can model even the most complex policies in natural language that matches statutes, regulations and policy manuals

• Intuitive MS Word and Excel


• Intuitive MS Word and Excel modeling environment designed for business users

• Rules are immediately executable: no additional ‘coding’ required


Apply Policy to Real-World Data at Lightning Speed

• Leverage data from existing systems such as Siebel, PeopleSoft, E-Business Suite, or any data warehouse


warehouse

• Multiple policy variations can be run against the same data, with results rapidly available


Business Itself Can Analyze and Refine Results

• Business users themselves create charts comparing policy options

• Choose from tables, bar and pie


• Choose from tables, bar and pie charts to visualize who policy changes would most effect

• Share the results with other areas of the organisation


Solution Architecture

Oracle Policy Automation for accurate modeling of complex policies in natural language to match policy and regulations

Oracle Times Ten In-Memory Database For Exalytics: an industry-proven memory-

Times Ten In-Memory DBMS

Oracle Policy Automation


Exalytics: an industry-proven memory-optimized relational database

Oracle Exalytics In-Memory Machine for high performance analysis, modeling and planning


2+ TB DRAM, 60+ Cores

Agenda

Business challenges

Solution overview

Feature walkthrough

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Feature walkthrough



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Demonstration


Demonstration


Walkthrough: Model Rules

Policy or Legislation Executable Policy Automation Rules

Copy, Paste,


Copy, Paste, Markup

Walkthrough: Map Rules to Data

• Fields in your data source are made available to the policy model, making it easy to see what data items are available and where rules may need to be adjusted to align to


and where rules may need to be adjusted to align to available data

• Data maps to specific legislative provisions, allowing very rich and detailed analysis


Walkthrough: Choose Parameters

• Policy experts set parameters which can be configured in the analysis workspace

• Example: Set an income threshold as a parameter to


threshold as a parameter to allow business users to change values and instantly see the results

• Approach can also be used to turn ‘on’ or ‘off’ larger policy changes


Walkthrough: Deploy for Analysis

• Upload policy model to Policy Automation Hub so it is available for analysis

• Hub permissions control who


• Hub permissions control who can edit and upload policy models

• Analysis is automatically re-run when policy is updated


Walkthrough: Create an Analysis Workspace

• The Workspaces section of your Policy Automation Hub is used to manage all of your Analysis work

• Workspaces can be shared


• Workspaces can be shared with other stakeholders in your organization

• Legal

• Policy

• Consultation Groups


Walkthrough: Create Scenarios for Each Policy Option

• Scenarios are created to represent each policy variation

• Business user sets scenario name and policy model,


Business user sets scenario name and policy model, making it possible to compare completely different policies

• These scenarios are later used to create charts


Walkthrough: Create Charts

• Charts are created in an intuitive interface, with full preview mode

• Business users can change key policy values (eg income threshold) and instantly see the effect


instantly see the effect

• Business users do not need detailed policy information or training in Policy Automation to chart policy scenarios


Walkthrough: Analyze and Refine Policy

• Charts allow business users to instantly compare policy variations

• Data can be exported into other tools


Data can be exported into other tools

• Charts are easily copied into reports for management, regulatory compliance etc


Agenda

Business challenges

Solution overview

Feature walkthrough

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Feature walkthrough



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Additional Resources

For more information on Oracle In-Memory Policy Analytics

• Product Documentation

– http://documentation.custhelp.com/euf/assets/devdocs/november2014/PolicyAutomation/en/Default.htm

• Demonstration Walkthrough Presentation

– http://www.oracle.com/technetwork/apps-tech/policy-automation/overview/index-087567.html



• Technical Installation Overview


• White Paper

– http://www.oracle.com/us/products/applications/siebel/crm-in-memory-policy-analytics-1931262.pdf

• OPA Discussion Forum

– https://forums.oracle.com/forums/forum.jspa?forumID=828


Social Media Resources

http://www.youtube.com/user/OraclePAVideos

https://www.facebook.com/OraclePolicyAutomation

https://twitter.com/OracleOPA


https://twitter.com/OracleOPA

http://www.linkedin.com/groups/Oracle-Policy-Automation-3431282/about

https://blogs.oracle.com/OPA/

https://forums.oracle.com/forums/forum.jspa?forumID=828



Documents

Oracle In-Memory Policy Analytics · For more information on Oracle In-Memory Policy Analytics •Product Documentation