Lux Magi News

Read about upcoming and recent events involving us, our clients and partners.
May 1, 2023 - James Taylor and Lux Magi's Jan Purchase Announce 2nd Edition of Their DMN Book

This week James Taylor and Jan Purchase announced the imminent publication of the second edition of Real World Decision Modeling with DMN. The book, compatible with the latest version DMN 1.5, features examples of how to integrate machine learning into decision models. 

Since the first edition, DMN has evolved into a major standard widely used in the financial, insurance and healthcare industries. Our new edition reflects the latest developments in the standard and features new examples of how DMN is applied.

Jun 13, 2023 - DMN Insuring Pricing Engine Released

After extensive testing, our DMN Pricing Engine has been released. In the first weeks of use it has already caused a reduction in 35% of pricing support calls due to its transparency and enhanced accuracy.

Jul 10, 2022 - Lux Magi Starts Work on DMN Insurance Pricing Engine

Following their successful implementation of a DMN model to support IFRS-17, Lux Magi has recently been commissioned to implement an insurance pricing engine for a major Austalian insurance company. Featuring lifecycle support for all six product classes, the model is thought to be the first of its type. DMN is widely used in insurance claims processing and now its transparency, integration with AI and machine learning and business focus can be applied to the development and rapid evolution of insurance pricing.

DMN has helped us to reach new levels of explanability and agility in pricing client policies.

Sep 13, 2021 - Lux Magi's Jan Purchase Invited Panellist at DecisionCAMP 2021

Lux Magi’s Jan Purchase will appear as an invited panellist at 2021’s virtual Decision CAMP. Decision CAMP is a leading conference for practitioners of business decision management, decision modeling and AI. Jan will be discussing the future of DMN the Decision Model and Notation and how it supports the ethical application of artificial intelligence.

Jan is also presenting a paper about the DMN On-Ramp on day three of the conference (Sep 15, 2021).

May 20, 2021 - Rapidgen and Lux Magi Release Videos on Machine Learning Assisted Decision Modelling

Improve your understanding of how Machine Learning and Decision Models work together and the advantages they hold for business automation in this series of free videos.

June 21, 2021 - Lux Magi Develops First Ethical Decision Using Decision Modelling and Artificial Intelligence

Lux Magi uses DMN and the Scikit Learn Library to create a decision that used machine learning to reach a decision and then corrected bias in the decision using decision modelling.

This is the first example of it’s kind,” said Lux Magi head of Research and Development, Jan Purchase. “Although the machine learning model has been biased by its training data (a common problem in AI) the decision model corrects this bias in a completely accountable way providing an interpretable and fair outcome.

Apr 12, 2021 - Lux Magi Invited to Chair DAO DMN On Ramp Committee

Lux Magi’s Jan Purchase has been invited to chair the Decision Automation Organisation’s DMN On-Ramp Committee. The Committee is building resources to help businesses decide how decision modelling and managament can best address their problems and a compliance framework for DMN tools to meet these needs.

“The DMN On-Ramp will make it clear how businesses can automate their business decisions and the tools they’ll need to do it.”

Sep 23, 2020 - Presentation: Machine Learning Enhanced Business Decisions

In conjunction with partner Rapidgen, Lux Magi’s Jan Purchase will be presenting at the IRM Business Analyst Conference Europe 2020 on how machine learning and decision management make a power combination. A recording is available here.

Jan 2020 - Lux Magi Decision Modelling (DMN) Training Now Being Delivered on Five Continents

Lux Magi is pround to announce that Our Decision Management and Modelling training course is now being delivered on five continents with engagements in the US, the UK, Europe, Ireland and now APAC this quarter.

Below are some of our archived news items. Although older, many of these have free to access recordings or other materials.

Jun 29, 2020 - Lux Magi's Jan Purchase is Invited Panellist at Decision CAMP 2020

Lux Magi’s Jan Purchase appeared as an invited panellist at 2020’s virtual Decision CAMP. Decision CAMP is a leading conference for practitioners of business decision management, decision modeling and AI. Jan will be discussing the future of DMN the Decision Model and Notation and how it might better support decision interpretability and machine learning.

Sep 17, 2019 - Lux Magi's Jan Purchase is Invited Panellist at Decision CAMP 2019 in Bolzano

Lux Magi’s Jan Purchase appeared as an invited panellist at Decision CAMP in Bolzano, Italy. Decision CAMP is a leading conference for practitioners of business decision management, decision modeling and AI. Jan will be discussing the future of DMN the Decision Model and Notation and how it might better support machine learning.

Jun 1, 2019 - Lux Magi Machine Learning Practice Opens

Lux Magi is proud to announce the opening of our Machine Learning and Analytics Practice. Consultants in this practice can help your company to benefit from the powerful harmony of business decisions empowered by machine learning. Learn more about the benefits of this partnership and how decision management mitigates many of the risks of machine learning projects.

Sep 18, 2018 - Presentation: Explaining the Behaviour of Black-Box Analytics with Decision Models
Join us at Decision CAMP 2018 in Luxembourg, as we explore techniques in machine learning that allow decision models to be used to explain and document the behaviour of predictive analytics, machine learning estimators and AI modules.

Our presentation Explaining the Unexplainable: Using DMN to Justify the Outcomes of Black-box Analytics shows, by example, how DMN decision models can be used to explain the behaviour and outcomes of classification analytics and explains the pros and cons of the approach.

Sep 17, 2018 - Presentation: Ultra High Performance Decision-Making
Join us, and partners RapidGen, at Decision CAMP 2018 in Luxembourg, as we uncover some of the challenges and techniques of implementing very high speed decisions in performance critical applications.

Our presentation High-Performance Decision Model Execution by Compilation of DMN into Machine Code will show why performance is increasingly important as market requirements, multiplying data sources and ever more sophisticated business needs conspire to increase the processing burden for decisions. We’ll explain how mega-decisions per second can be realised on modest hardware and give a performance demonstration of a complex 50-node, financial decision in DMN.

January 2018 - Lux Magi Release New DMN Training Courses
Lux Magi are proud to announce a new family of Decision Modeling and Management Training Courses, available now.

From better integration of predictive analytics into a business  process to improving the transparency and agility of your business’s key decisions, there has never been a better time to learn Decision Modeling and Decision Management.

Oct 19, 2017 - Webinar: Overcoming the Challenges of Financial Decisions with DMN
On October 19, 2017 Lux Magi, in conjunction with business partner Trisotech, presented a Webinar “Overcoming the Challenges of Financial Decisions with DMN”. We showed how decision modeling helps in regulatory compliance and provided a live demo of Trisotech DES DMN Modeler in action on a regulatory compliance decision model.
Jul 31, 2017 - Announcement: Our New Partnership with RapidGen
Lux Magi is proud to announce its partnership with RapidGen, designers of the high-performance DMN execution engine, Genius.

Lux Magi, decision management consultancy and co-contributor to the most comprehensive book on decision modeling with the Decision Model and Notation (DMN) standard, is proud to be a RapidGen Partner.

RapidGen’s experience of very-high performance decision engines and optimized decision table compilation is a perfect complement for our decision management training, consultancy and architecture offering. Together we help clients to model, manage and execute their decision-making with accuracy, transparency, scalability and efficiency. We feel that the power of decision modeling is not only in accurately and concisely expressing business decision-making, but in model-driven generation of executable systems from DMN.  We are particularly impressed by the execution performance of the latest version of the RapidGen Genius DMN execution engine which promises to make accountable, transparent and high-volume processing of corporate decisions a reality.
Jan Purchase, Director and Founder, Lux Magi Ltd.

RapidGen Genius will enable companies using decision management and decision modeling in DMN to directly deploy their decision models into a ultra-fast execution environment. Find out more about RapidGen on our partner’s page.

Jul 13, 2017 - Presentation: Lessons Learned Applying DMN to Large Projects
Jan Purchase and James Taylor co-hosted a presentation, “Mind the Gap: Lessons Learned in the Application of DMN to Large Projects”, at DecisionCAMP 2017 on July 13, 2017. We covered some of the challenges of using decision modeling at scale and how we overcome them. See here for more details and to view the presentation.
Jun 21, 2017 - Webinar: Regulatory Compliance Using Decision Management
Lux Magi presented a Webinar “Effective Regulatory Compliance Using Decision Management”, in conjunction with business partner, Signavio, on June 21, 2017. We explored the use of decision modeling in regulatory compliance and illustrated the benefits with an example. See here for more details and the recording.
Nov 30, 2016 - Launch of Our Book on Decision Modelling

Lux Magi’s Jan Purchase, in collaboration with James Taylor, is proud to announce the recent publication of his new book “Real World Decision Modeling with DMN”. The book is published by Meghan-Kiffer Press and is the most comprehensive guide to decision modeling and DMN currently available.

This comprehensive and incredibly useful book offers a wealth of practical advice to any-one interested in decision management and its potential to improve enterprise applications. Using a blend of user case studies, patterns, best practices and pragmatic techniques, Real-World Decision Modeling with DMN shows you how to discover, model, analyze and design the critical decisions that drive your business!

David Herring, Manager of BPM & ODM Delivery at Kaiser Permanente.

Read our blog article to find out more.

You can get two chapters of this comprehensive book – consult our white paper listings for a free download.

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