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Millennium Global Investments Selects Red Hat’s JBoss Enterprise Middleware

Submitted by on 20 March, 2021 – 4:33 pm

Open source provider Red Hat (NYSE: RHT) today announced that the proceeds of investment firms Millennium Global Investments (MGI), has selected the JBoss Enterprise BRMS (Business Rules Management System) for its critical mission of the rules repository business.

MGI based in London wanted to improve the flexibility of its compliance system for your business and trade rules could be revised and adjusted quickly in a managed environment. MGI selected for JBoss Enterprise BRMS business rules in a managed environment, standardize business rules and support the scalability of the company.
The transparency of the new repository allows business users to access MGI details on why certain rules can impede trade. This access improves efficiency of business users and reduces the number of requests sent to an IT organization of MGI. The transparent business rules repository is also an essential part of risk management strategy MGI

“Conditions flexible subscription for Red Hat JBoss Enterprise Middleware allowed us to deploy only the components necessary for the new platform and to avoid vendor lock. Unlike other vendors, Red Hat offers the possibility of allowing other engine applications rules, either the control signal or algorithmic trading market, “said Richard Macaskill, Managing Director of IT and systems development, MGI. “We are very pleased with the level of Red Hat support provided during the development of new business rules repository. We are very pleased to have deployed an integrated platform of business rules that have improved our efficiency and risk management capabilities.

JBoss Enterprise Business Rules Management System (BRMS) is a business open source standards solution that enables easy business policy and standards development, access and management. JBoss Enterprise BRMS enables customers to reduce development time to update the applications and processes with the latest business rules and policies.

“We are delighted with the positive response of MGI in deployment of JBoss Enterprise BRMS. We’re seeing a new surge of JBoss Enterprise BRMS as the company continues to drive innovation through open source middleware,” said Pierre Fricke, Director of Products SOA, Red Hat. “Automation of business decisions with JBoss Enterprise BRMS can help a business faster and allows interested parties of business processes to quickly implement the change. This is the kind of agility that enterprise deployments from the current market demand.

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